NOT LISTED FOR SALE

501 Walnut St NE Decatur, AL 35601

Old Decatur Neighborhood

Estimated Value: $512,000 - $606,000

4 Beds
3 Baths
3,422 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $334,050 $98 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,981/month

251 Days on Market

Highlights

  • Multiple Fireplaces
  • No HOA
  • Historic Home
  • Decatur High School Rated A-
  • Multiple cooling system units
  • 2-minute walk to Frazier Park

About This Home

As of May 2021

Stunning home with historic cottage in back yard on beautiful corner lot. Home has been lovingly renovated preserving it's historical integrity while making major updates and renovations including roof and rafters, electrical, plumbing, cooling and large carport with storage. Dry basement for storage and storm safety, fantastic floored attic space. Second story balcony, screened back porch and lovely covered front porch. Pristine hardwood floors upstairs and down, 4 fireplaces, floor to ceiling built-ins in kitchen and stunning chandeliers throughout. A short stroll to City Hall, the Courthouse, Downtown dining, Museum. Historic charm abounds! Easy commute to Huntsville, Athens, Madison

Last Agent to Sell the Property

Valerie Povey

Leading Edge Decatur License #115505 Listed on: 06/16/2020

Last Buyer's Agent

NonMLSmember MEMBER

NON VALLEYMLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Lot Details

  • Lot Dimensions are 140 x 110
  • Historic Home

Interior Spaces

  • 3,422 Sq Ft Home
  • Property has 2 Levels
  • Multiple Fireplaces
  • Fireplace Features Masonry
  • Basement
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Decatur Middle Elementary School
  • Decatur High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Old Decatur Subdivision

Listing and Financial Details

  • Tax Lot 431
  • Assessor Parcel Number 1030304173012006.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Lot Details

0

Listing Details

  • Living Area: 3422
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 140 x 110
  • Subdivision Name: Old Decatur
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Historic
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Levels: Two
  • Basement: Basement, Crawl Space
  • Full Bathrooms: 3
  • Fireplace Features: Masonry, Three +
  • Fireplace: Yes
  • Room Bedroom4 Area: 208
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 169
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 224
  • Room Kitchen Area: 315
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 252
  • Room Dining Room Area: 238

Utilities

  • Heating: Central 2+
  • Cooling: Central 2+
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Parcel Number: 1030304173012006.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 431

MLS Schools

  • Elementary School: Banks-Caddell
  • High School: Decatur High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
May 21, 2021
Sold by
Cartron Kelly W and Cartron Sylvia
Bought by
Jean Eva
Seller's Agent
Valerie Povey
Leading Edge Decatur
Buyer's Agent
NonMLSmember MEMBER
NON VALLEYMLS OFFICE
List Price
$334,050
Sold Price
$334,050
Current Estimated Value
$537,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,711
Avg. Annual Appreciation
8.81%
Original Mortgage
$268,620
Outstanding Balance
$244,785
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$236,657

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bibb Sloane Mcwhorter and Bibb Rebecca Custer
Bought by
Cartron Kelly W and Cartron Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Jean Eva $334,050 None Available
Cartron Kelly W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean Eva $268,620
Previous Owner Cartron Kelly M $60,000
Previous Owner Cartron Kelly W $236,550
Previous Owner Bibb Sloane Mcwhoter $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Off Market $334,050 -- --
05/21/2021 05/21/21 Sold $334,050 0.0% $98 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
06/16/2020 06/16/20 For Sale $334,050 -- $98 / Sq Ft
Source: ValleyMLS.com

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 $1,695 $38,440 $5,910 $32,530
2023 $1,695 $38,450 $5,910 $32,540
2022 $1,696 $38,460 $5,910 $32,550
2021 $1,024 $26,920 $5,910 $21,010
2020 $1,058 $49,690 $5,910 $43,780
2019 $1,058 $27,820 $0 $0
2015 $917 $24,960 $0 $0
2014 $917 $24,200 $0 $0
2013 -- $24,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Valerie Povey

    Leading Edge Decatur

    Section Image

  • N

    Buyer's Agent in 2021

    NonMLSmember MEMBER

    NON VALLEYMLS OFFICE

See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1145934

ValleyMLS.com

APN: 03-04-17-3-012-006.000

Alabama Morgan County Decatur 35601 Old Decatur

501 Walnut St NE, Decatur, AL

This home is located at 501 Walnut St NE, Decatur, AL 35601 since 16 June 2020 and is currently estimated at $537,761, approximately $157 per square foot. 501 Walnut St NE is a home located in Morgan County with nearby schools including Banks-Caddell Elementary School, Horizon High School, and Decatur Middle School.

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