$125,000
SOLD JUL 11, 2025

500 Lapsley St Selma, AL 36701

3 Beds
2.5 Baths
2,942 Sq Ft
10,141 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

24% Below List Price

167 Days on Market

Highlights

  • Multiple Fireplaces
  • Attic
  • No HOA
  • Wood Flooring
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of July 2025

SELMA! 3br/2ba with half bath, modern conveniences, superior historic details, lots of storage, off street parking, all on a corner lot in historic OLD TOWN neighborhood. The wrap around porch is a dream outdoor space, day or night! Inside this gracious home, you'll find original corner decorative fireplaces and mantles, gleaming hardwood floors, 2 sets of pocket doors that lends a flexible "open concept" living space that can be as open or closed as you wish! Updated kitchen, large pantry, mudroom, ample sized bedrooms and baths with claw foot tub and separate shower. A dedicated stairway to an unfinished attic waiting for your expansion to dream, or just more storage space! Outdoors, there's off street parking in the back, and separate fenced, level backyard. Schedule your private tour and begin your happily ever after!

Last Agent to Sell the Property

Kevin Barnes

Cornerstone Realty LLC. License #108070 Listed on: 01/25/2025

Last Buyer's Agent

Tanya Dunnam

RE/MAX Tri-Star License #0073628

RE/MAX Tri-Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1900

Lot Details

  • 10,141 Sq Ft Lot
  • Lot Dimensions are 59x168x60x168
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Wood Siding

Interior Spaces

  • 2,942 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Multiple Fireplaces
  • Fireplace Features Masonry
  • Storage
  • Attic

Kitchen

  • Electric Range
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Phoenix Elementary School
  • R.B.Hudson Middle School
  • Selma High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-07-36-2-002-066.0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Stories: 1
  • Year Built: 1900
  • New Construction: No
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • LotFeatures: City Lot, Level
  • Lot Size Acres: 0.2328
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Electric Range, Gas Water Heater, Refrigerator
  • Co List Office Phone: 334-872-0441
  • MLS Status: Closed
  • Subdivision Name: Old Town
  • Architectural Style: One Story
  • Fireplace Features: Masonry, Multiple
  • Interior Features: Attic, High Ceilings, Storage, Kitchen Island
  • Unit Levels: One
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Plank, Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Topography: Level
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Phoenix School
  • High School: Selma High School
  • Middle Or Junior School: R.B.Hudson Middle School,

Lot Info

  • Lot Dimensions: 59X168X60X168
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11-07-36-2-002-066.0000

Tax Info

  • Tax Annual Amount: 760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Jul 11, 2025
Sold by
Bunch Ivan and Bunch Kathy
Bought by
Collie Theresa Diane
Seller's Agent
Kevin Barnes
Cornerstone Realty LLC.
Buyer's Agent
Tanya Dunnam
RE/MAX Tri-Star
List Price
$164,900
Sold Price
$125,000
Premium/Discount to List
-$39,900
-24.2%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
727.52%
Original Mortgage
$122,735
Outstanding Balance
$122,735
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$25,289

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 4, 2021
Sold by
Watson Roderick and Watson Lafawnda Denise
Bought by
Bunch Ivan and Bunch Kathy
Seller's Agent
Barbara Leet
Cornerstone Realty LLC.
Buyer's Agent
Regina Story
Realty Central - Selma Branch
List Price
$102,900
Sold Price
$76,000
Premium/Discount to List
-$26,900
-26.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Warranty Deed $76,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,735 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $125,000 -16.7% $42 / Sq Ft
04/24/2025 04/24/25 Price Changed $150,000 -9.0% $51 / Sq Ft
01/25/2025 01/25/25 For Sale $164,900 +117.0% $56 / Sq Ft
03/05/2021 03/05/21 Sold $76,000 -26.1% $13 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
02/12/2020 02/12/20 For Sale $102,900 -- $17 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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 $760 $14,100 $0 $0
2023 $760 $14,100 $0 $0
2022 $726 $13,520 $0 $0
2021 $278 $10,800 $500 $10,300
2020 $278 $10,800 $500 $10,300
2019 $278 $10,800 $500 $10,300
2018 $256 $10,060 $500 $9,560
2017 $256 $10,060 $500 $9,560
2016 $256 $10,060 $500 $9,560
2015 $256 $10,060 $500 $9,560
2013 $382 $14,200 $700 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 568651

Montgomery Area Association of REALTORS®

APN: 11-07-36-2-002-066.0000