$204,000
SOLD DEC 13, 2023

505 Portage Ave Muscle Shoals, AL 35661

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Recently Sold

7% Below List Price

About This Home

As of November 2024

TWO BEDROOMS ONE BATH DUPLEX. New Appliances, Flooring, Lights, Fans, Vanity, toilet, and Paint on Unit !... Perfect for an air b n b or monthy rental. Unit B has new paint... Storage building in the back. The lot is large enough to add a unit and or a detached garage. Lot size 120 x 120. Great location !

Last Agent to Sell the Property

Vicki Davis

Riverside Realty, Inc License #000066604 Listed on: 12/13/2023

Last Buyer's Agent

Vicki Davis

Riverside Realty, Inc License #000066604 Listed on: 12/13/2023

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 120 x 120

Home Design

  • Duplex

Schools

  • Muscle Shoals Elementary And Middle School
  • Muscle Shoals High School

Community Details

  • No Home Owners Association
  • Muscle Shoals Community

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
  • Built Before 1978 (Y/N): No
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 120 x 120
  • Multiple Level Y N: No
  • Sp Lp Percent: 93.15
  • Subdivision Name: None
  • Agent Only_ L A1 User Code: S1109_11599
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Muscle Shoals

Schools

  • Elementary School: Muscle Shoals
  • Middle School: Muscle Shoals
  • High School: Muscle Shoals

Lot Info

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

Building Info

  • Year Built: 1992

Tax Info

  • Tax Annual Amount: 1215

MLS Schools

  • Elementary School: Muscle Shoals
  • Middle School: Muscle Shoals
  • HighSchool: Muscle Shoals

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
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 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

  • Erica Hubbard

    Seller's Agent in 2024

    Erica Hubbard

    Stutts Properties, Inc

    (256) 443-1463

    148 Total Sales

    Erica Hubbard
    Section Image
  • Katie Pilkinton

    Buyer's Agent in 2024

    Katie Pilkinton

    MarMac Real Estate - The Shoals

    (256) 856-2055

    371 Total Sales

    Katie Pilkinton
    Section Image
  • Vicki Davis

    Seller's Agent in 2023

    Vicki Davis

    Riverside Realty, Inc

    (256) 412-7555

    181 Total Sales

    Vicki Davis
    Section Image
See All Agents

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 514223

Strategic MLS Alliance (Cullman / Shoals Area)

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

Alabama Colbert County Muscle Shoals 35661

505 Portage Ave, Muscle Shoals, AL

This home is located at 505 Portage Ave, Muscle Shoals, AL 35661 and is currently priced at $204,000. This property was built in 1992. 505 Portage Ave is a home located in Colbert County with nearby schools including Highland Park Elementary School, McBride Elementary School, and Muscle Shoals Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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