NOT LISTED FOR SALE

3408 Timber Way SW Decatur, AL 35603

Estimated Value: $248,000 - $349,000

4 Beds
3 Baths
2,470 Sq Ft
$124/Sq Ft Est. Value

About This Home

This home is located at 3408 Timber Way SW, Decatur, AL 35603 and is currently estimated at $305,645, approximately $123 per square foot. 3408 Timber Way SW is a home located in Morgan County with nearby schools including Chestnut Grove Elementary School, Cedar Ridge Middle School, and Austin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Melero Heather Elaine
Bought by
Melero Kurt
Current Estimated Value
$305,645

Purchase Details

Closed on
Aug 5, 2011
Sold by
Smith Donna L
Bought by
Melero Kurt and Melero Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$113,100
Interest Rate
4.52%
Mortgage Type
VA
Estimated Equity
$192,545
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Melero Kurt -- None Available
Melero Kurt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melero Kurt $30,000
Open Melero Kurt $162,000
Closed Melero Kurt $162,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $925 $21,460 $2,580 $18,880
2023 $925 $21,470 $2,580 $18,890
2022 $925 $21,480 $2,580 $18,900
2021 $809 $20,000 $2,580 $17,420
2020 $809 $35,260 $2,580 $32,680
2019 $809 $18,920 $0 $0
2015 $703 $16,580 $0 $0
2014 $703 $16,580 $0 $0
2013 -- $16,500 $0 $0
Source: Public Records

Map

Alabama Morgan County Decatur 35603

3408 Timber Way SW, Decatur, AL

This home is located at 3408 Timber Way SW, Decatur, AL 35603 and is currently estimated at $305,645, approximately $123 per square foot. 3408 Timber Way SW is a home located in Morgan County with nearby schools including Chestnut Grove Elementary School, Cedar Ridge Middle School, and Austin High School.

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