NOT LISTED FOR SALE

402 Monroe Ave Muscle Shoals, AL 35661

Estimated Value: $140,000 - $180,000

2 Beds
1.5 Baths
1,600 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $97,000 $61 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $889/month

7 Days on Market

Highlights

  • Attic
  • Eat-In Kitchen
  • Laundry closet
  • McBride Elementary School Rated A
  • Storm Windows
  • Carpet

About This Home

As of October 2020

Townhouse in great Muscle Shoals area! Updated with lots of extras and great decor. Cabinet upgrades, granite counters, new flooring, large custom tile walk in shower. Basement has 2 rooms perfect for game room, office, or man cave. Outside entrance only for basement. Perfect home or investment property.

Last Agent to Sell the Property

Gina Clark

Regina Coates Real Estate, Inc License #000044480 Listed on: 09/01/2020

Last Buyer's Agent

Gina Clark

Regina Coates Real Estate, Inc License #000044480 Listed on: 09/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1987

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Blinds
  • Carpet
  • Laundry closet
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Rain Gutters

Schools

  • Muscle Shoals Elementary And Middle School
  • Muscle Shoals High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Muscle Shoals Center #9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-03-06-3-024-005.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1200.0
  • Lot Dimensions: 40 x 100 IRR
  • Subdivision Name: Muscle Shoals Center #9
  • PropertySubType: Residential
  • PropertyType: Residential
  • Co List Office Phone: OFC-256-383-4400
  • MLS Status: Sold
  • AE_ATTIC: Access Only
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Fireplace Features: Electric, Great Room
  • Basement: Partially Finished
  • Below Grade Finished Sq Ft: 400.0
  • Flooring: Carpet, Tile
  • LivingArea: 1600.0
  • Window Features: Blinds, Storm Window(s)
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Room Type: Kitchen
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1
  • Baths_Basement: 0

Exterior Features

  • Construction Materials: Brick, Other
  • Foundation Details: Other
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle
  • Waterfront: No
  • ExteriorFeatures: Rain Gutters

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public
  • Laundry Features: Laundry Closet

Schools

  • Middle Or Junior School: Muscle Shoals

Lot Info

  • Parcel Number: 12-03-06-3-024-005.002

Building Info

  • Year Built: 1987
  • BuildingAreaTotal: 1600.0

Multi Family

MLS Schools

  • Elementary School: Muscle Shoals
  • HighSchool: Muscle Shoals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 13, 2020
Sold by
Taylor Velson and Taylor Laura M
Bought by
Chaz Collette Llc
Seller's Agent
Gina Clark
Regina Coates Real Estate, Inc
Buyer's Agent
Gina Clark
Regina Coates Real Estate, Inc
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%
Current Estimated Value
$155,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,524
Avg. Annual Appreciation
9.82%
Original Mortgage
$77,600
Outstanding Balance
$68,737
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$86,787
Source: Public Records

Range of Values:

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Average Value
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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
Chaz Collette Llc $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaz Collette Llc $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $97,000 -2.9% $61 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $99,900 -- $62 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $842 $19,440 $2,680 $16,760
2023 $787 $17,580 $0 $0
2022 $612 $15,100 $0 $0
2021 $279 $6,880 $0 $0
2020 $201 $6,420 $0 $0
2019 $188 $6,020 $0 $0
2018 $188 $6,020 $0 $0
2017 $274 $8,560 $0 $0
2016 $266 $8,880 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gina Clark

    Seller's Agent in 2020

    Gina Clark

    Regina Coates Real Estate, Inc

    (256) 335-7438

    79 in this area

    133 Total Sales

    Gina Clark
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 112845

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 12-03-06-3-024-005.002

Alabama Colbert County Muscle Shoals 35661

402 Monroe Ave, Muscle Shoals, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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