$247,500
SOLD NOV 1, 2024

505 Portage Ave Muscle Shoals, AL 35661

-- Bed
-- Bath
1,770 Sq Ft
0.33 Acres

Recently Sold

$140 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Central Heating and Cooling System
  • Highland Park Elementary School Rated A
  • Patio
  • Ceiling Fan

About This Home

As of November 2024

Two bedroom, one bathroom DUPLEX. Updated with new flooring, lights, appliances, and paint. Both units are the same layout with spactious bedrooms and closets. These nicely furnished units will convey will all contents. There is a storage building on the property with an area for each unit to use. Each unit has 2 parking spots in front. Conveniently located just off Woodward Ave in Muscle Shoals. Perfect investment property ready to be yours. Call today for your showing. All information to be verified by buyer.

Last Agent to Sell the Property

Erica Hubbard

Stutts Properties, Inc License #000117285 Listed on: 07/25/2024

Last Buyer's Agent

Katie Pilkinton

MarMac Real Estate - The Shoals License #94964

MarMac Real Estate - The Shoals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120
  • Privacy Fence
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Vinyl Flooring
  • Neighborhood Views
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Fiber Optics Available
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Muscle Shoals Community
  • Highland Park #12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-01-02-3-005-016.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Duplex
  • Building Area Src: Public Records
  • Built Before 1978 (Y/N): No
  • Easements: None
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 120x120
  • Multiple Level Y N: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sp Lp Percent: 99.4
  • Subdivision Name: Highland Park #12
  • L A N D L O R D P A I D: None
  • Agent Only_ L A1 User Code: S263_1900521
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement YN: No
  • Flooring: Vinyl (Flooring)
  • NumberOfBuildings: 1
  • Price Per S Q F T: 139.83
  • Stories Total: 1
  • Unit Features: Bath-1, Dishwasher, Drapes/Curtains/Blinds, Hot Water Heater-Gas, Microwave, Range/Oven, Refrigerator, Washer/Dryer
  • Window Features: Window Treatments

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Crawl Space
  • Lot Features: City Lot, Level
  • OtherStructures: Other (OtherStructures)
  • Patio And Porch Features: Patio (PatioAndPorch)
  • Roof: Shingle
  • View: Neighborhood
  • Waterfront: No
  • Fencing: Privacy
  • ExteriorFeatures: Rain Gutters

Garage/Parking

  • Parking Features: Concrete (Parking), Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central Unit, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet - Cable, Internet - Fiber, Natural Gas Available, Phone Available, Satellite, Sewer Available, Water Available
  • Water Source: Public (WaterSource)

Condo/Co-op/Association

  • Association Amenities: None (AssocAmens)
  • Association: No
  • Community Name: Muscle Shoals
  • Community Features: None (CommFeats)

Schools

  • Elementary School: City
  • Middle School: City
  • High School: City

Lot Info

  • Acres: 0.33
  • Parcel Num: 13-01-02-3-005-016.000

Building Info

  • Year Built: 1992
  • BuildingAreaTotal: 1770

Tax Info

  • Tax Annual Amount: 1215

Multi Family

  • Total Units: 2
  • Units Furnished: 2

MLS Schools

  • Elementary School: City
  • Middle School: City
  • HighSchool: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Nov 1, 2024
Sold by
Future Solutions Llc
Bought by
Alexander James T
Seller's Agent
Erica Hubbard
Stutts Properties, Inc
Buyer's Agent
Katie Pilkinton
MarMac Real Estate - The Shoals
List Price
$249,000
Sold Price
$247,500
Premium/Discount to List
-$1,500
-0.6%
Views
27
Current Estimated Value
$256,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,421
Avg. Annual Appreciation
-11.33%
Original Mortgage
$185,625
Outstanding Balance
$182,365
Interest Rate
0.68%
Mortgage Type
Construction
Estimated Equity
$45,150

Purchase Details

Listed on
Dec 13, 2023
Closed on
Dec 13, 2023
Sold by
Vcd Properties Llc
Bought by
Future Solutions Llc
Seller's Agent
Vicki Davis
Riverside Realty, Inc
Buyer's Agent
Vicki Davis
Riverside Realty, Inc
List Price
$219,000
Sold Price
$204,000
Premium/Discount to List
-$15,000
-6.85%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.26%
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 Type Sale Price Title Company
Warranty Deed $247,500 Attorney Only
Deed $204,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,625 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $247,500 -0.6% $140 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $249,000 +22.1% $141 / Sq Ft
12/13/2023 12/13/23 Sold $204,000 -6.8% --
12/13/2023 12/13/23 For Sale $219,000 -- --
Source: Strategic MLS Alliance (Cullman / Shoals Area)

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 $1,343 $33,160 $5,720 $27,440
2023 $1,343 $30,000 $0 $0
2022 $1,051 $25,960 $0 $0
2021 $895 $22,100 $0 $0
2020 $853 $21,060 $0 $0
2019 $803 $19,820 $0 $0
2018 $803 $19,820 $0 $0
2017 $742 $18,320 $0 $0
2016 $723 $19,780 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 517805

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 13-01-02-3-005-016.000