NOT LISTED FOR SALE

505 Dement St NE Huntsville, AL 35801

Lincoln Mill District Neighborhood

Estimated Value: $460,000 - $641,000

4 Beds
3 Baths
3,023 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $406,000 $134 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,060/month

3 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Heating Available
  • Central Air

About This Home

As of November 2021

Located in Five Points, and just a short stroll to shopping and coffee houses, this town home has plenty to offer. Sleek and modern finishes are throughout the main living space, and the one bedroom separate apartment located on the first floor. There is a shared foyer and separate entrances to the main living area and the apartment, offering endless possibilities. This home has smart lighting. You have to see it in person to appreciate everything this property offers. Quartz countertops, beautiful modern cabinets, open floor plan, custom shower in owners suite, hardwood flooring on main living space, and sooooo much more All measurements tbv by purchaser Furnishings may be purchased

Last Agent to Sell the Property

Brian Banks

Legend Realty License #119099 Listed on: 10/14/2021

Legend Realty

Last Buyer's Agent

Susan Thome

Legend Realty License #000045826

Legend Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 3,023 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Chapman Elementary School
  • Lee High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Dement Townhouses Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1407361001081.002

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,526

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Living Area: 3023
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: Dement Townhouses
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2018
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: Three Or More
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Area: 182
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: Second
  • Room Bedroom3 Area: 299
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: Third
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 255
  • Room Kitchen Area: 126
  • Dining Room Dining Room Level: Second
  • Room Master Bedroom Area: 221
  • Room Dining Room Area: 240

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Electric
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Chapman

Lot Info

  • Parcel Number: 1407361001081.002
  • Lot Size Sq Ft: 2178
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: NA
  • Tax Lot: 3

MLS Schools

  • Elementary School: Martin Luther King Jr
  • High School: Lee High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 18, 2021
Sold by
Crespo Carlo Adrian
Bought by
Shaw Stephen A and Shaw Cathleen C
Seller's Agent
Brian Banks
Legend Realty
Buyer's Agent
Susan Thome
Legend Realty
List Price
$399,000
Sold Price
$406,000
Premium/Discount to List
$7,000
1.75%
Current Estimated Value
$534,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,801
Avg. Annual Appreciation
7.48%
Original Mortgage
$385,700
Outstanding Balance
$354,648
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$180,153

Purchase Details

Listed on
Aug 11, 2018
Closed on
Nov 19, 2018
Sold by
Active Adult Properties Inc
Bought by
Crespo Carlo Adrian
Seller's Agent
Angela Mokhtari
Active Adult Properties Inc.
Buyer's Agent
Brian Banks
Legend Realty
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$328,224
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shaw Stephen A $406,000 --
Shaw Stephen A $406,000 None Listed On Document
Crespo Carlo Adrian $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Stephen A $385,700
Previous Owner Crespo Carlo Adrian $328,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $406,000 +1.8% $134 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $399,000 +12.4% $132 / Sq Ft
02/17/2019 02/17/19 Off Market $355,000 -- --
11/19/2018 11/19/18 Sold $355,000 0.0% $136 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $355,000 -- $136 / 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 $2,526 $43,560 $1,520 $42,040
2023 $2,526 $83,180 $3,040 $80,140
2022 $2,216 $39,040 $1,520 $37,520
2021 $2,199 $38,740 $1,220 $37,520
2020 $2,012 $35,510 $1,010 $34,500
2019 $5,320 $83,500 $2,020 $81,480
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Banks

    Seller's Agent in 2021

    Brian Banks

    Legend Realty

    (256) 302-7923

    3 in this area

    40 Total Sales

    Brian Banks
    Section Image
  • Susan Thome

    Buyer's Agent in 2021

    Susan Thome

    Legend Realty

    (256) 337-8707

    6 in this area

    124 Total Sales

    Susan Thome
    Section Image
  • Angela Mokhtari

    Seller's Agent in 2018

    Angela Mokhtari

    Active Adult Properties Inc.

    (256) 653-6593

    53 Total Sales

    Angela Mokhtari
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1793253

ValleyMLS.com

APN: 14-07-36-1-001-081.002

Alabama Madison County Huntsville 35801 Lincoln Mill District

505 Dement St NE, Huntsville, AL

This home is located at 505 Dement St NE, Huntsville, AL 35801 since 14 October 2021 and is currently estimated at $534,801, approximately $176 per square foot. This property was built in 2018. 505 Dement St NE is a home located in Madison County with nearby schools including Martin Luther King Jr. Elementary School, Chapman Middle School, and Lee High School.

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