413 Shady Lane Dr SW Hanceville, AL 35077
Estimated payment $1,412/month
About This Home
This 2 unit 2-bedroom duplex offers the perfect chance to add a solid income-producing property to your portfolio or live in one side and rent out the other. Each unit features a comfortable layout with spacious living areas, functional kitchens, and ample storage. Located just minutes from Wallace State Community College, this property is in a highly desirable area for students, faculty, and local renters alike. Convenient access to shopping, dining, and I-65 makes it ideal for long-term tenants. Whether you’re a seasoned investor or just getting started, this duplex is a low-maintenance, high-potential investment with consistent rental demand.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,144
Year Built
- Built in 2007
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x150
Home Design
- 1,994 Sq Ft Home
- Duplex
Schools
- Hanceville Elementary And Middle School
- Hanceville High School
Utilities
- Septic Tank
Community Details
- No Home Owners Association
- 2 Units
- Hanceville Community
- Metes And Bounds Subdivision
Listing and Financial Details
- Assessor Parcel Number 23-09-29-0-001-068.007
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,132 | $36,520 | $0 | $0 |
| 2024 | $1,144 | $36,900 | $0 | $0 |
| 2023 | $1,144 | $35,080 | $0 | $0 |
| 2022 | $991 | $31,980 | $0 | $0 |
| 2021 | $812 | $26,180 | $0 | $0 |
| 2020 | $816 | $26,320 | $0 | $0 |
| 2019 | $817 | $26,360 | $0 | $0 |
| 2018 | $825 | $26,620 | $0 | $0 |
| 2017 | $654 | $21,100 | $0 | $0 |
| 2016 | $686 | $21,100 | $0 | $0 |
| 2014 | $674 | $21,740 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Off Market | $249,900 | -- | -- | |
| 11/07/2025 11/07/25 | For Sale | $249,900 | 0.0% | $125 / Sq Ft | |
| 11/06/2025 11/06/25 | For Sale | $249,900 | +72.3% | $125 / Sq Ft | |
| 12/08/2021 12/08/21 | Sold | $145,000 | -2.7% | $73 / Sq Ft | View Prior Sale |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- | |
| 11/04/2021 11/04/21 | For Sale | $149,000 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Warranty Deed | $89,750 | Bland Harris & Mcclellan Pc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,800 | New Conventional |
Source: Strategic MLS Alliance (Cullman / Shoals Area)
MLS Number: 525709
APN: 23-09-29-0-001-068.007
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