422 Lafayette St NE Decatur, AL 35601
Old Decatur NeighborhoodEstimated payment $4,616/month
About This Home
• 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra on-street parking available
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,309
Home Design
- Brick Exterior Construction
Parking
- 10 Parking Spaces
- On-Street Parking
- Open Parking
- Parking Lot
Schools
- Decatur Elementary School
- Decatur High School
Additional Features
- Property has 2 Levels
- No Heating
Community Details
- 2 Buildings
- 8 Units
- 7,654 Sq Ft Building
- Old Decatur Subdivision
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 03 04 17 3 007 009.000
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 |
|---|---|---|---|---|
| 2024 | $4,309 | $47,560 | $5,850 | $41,710 |
| 2023 | $4,309 | $84,140 | $11,700 | $72,440 |
| 2022 | $3,812 | $84,140 | $11,700 | $72,440 |
| 2021 | $3,269 | $72,160 | $11,700 | $60,460 |
| 2020 | $3,384 | $74,700 | $11,700 | $63,000 |
| 2019 | $3,384 | $74,700 | $0 | $0 |
| 2015 | $909 | $20,640 | $0 | $0 |
| 2014 | $909 | $20,060 | $0 | $0 |
| 2013 | -- | $20,360 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | For Sale | $799,000 | 0.0% | $104 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | $799,000 | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $799,000 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Available | |
| Warranty Deed | $375,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $455,969 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $375,000 | Seller Take Back |
Source: ValleyMLS.com
MLS Number: 21878333
APN: 03-04-17-3-007-009.000
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