$150,000
SOLD AUG 11, 2025

506 Thompson St Albertville, AL 35950

2 Beds
1 Bath
1,388 Sq Ft
0.32 Acres

Recently Sold

$108 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

  • Mud Room
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Attached Carport

About This Home

As of August 2025

Welcome to 506 Thompson! This two bedroom (potentially three bedroom) one bathroom home is perfect for an investment opportunity or any family. It features a one-car attached garage, a mudroom/laundry room with a bathtub shower, and a workshop/storage shed with electricity in the fenced in backyard. The HVAC unit was new in 2018. The refrigerator and stove convey with the property, but the washer & dryer do not

Last Agent to Sell the Property

John Matthews

Leading Edge Arab License #159497 Listed on: 05/07/2025

Leading Edge Arab

Last Buyer's Agent

Rusty Glines

Leading Edge RE Group-Gtsv. License #107025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot

Interior Spaces

  • 1,388 Sq Ft Home
  • Property has 1 Level
  • Mud Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Attached Carport

Schools

  • Albertville Elementary School
  • Albertville High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 1905152003006.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Living Area: 1388
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Subdivision Name: Metes And Bounds
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1950
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Bathroom 1 Area: 56
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 150
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Bathroom 1 Level: First
  • Room Living Room Area: 240
  • Room Kitchen Area: 176
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 240
  • Room Dining Room Area: 110

Exterior Features

  • Construction Type: Wood

Garage/Parking

  • Parking Features: Garage-One Car, Garage-Detached, Attached Carport, Driveway-Concrete

Utilities

  • Heating: Central 1, Electric, Natural Gas
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Albertville

Lot Info

  • Parcel Number: 1905152003006.000
  • Lot Size Sq Ft: 13939.2

Green Features

Tax Info

  • Tax Lot: 19

MLS Schools

  • Elementary School: Albertville
  • High School: Albertville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Aug 11, 2025
Sold by
Powell Charles and Powell Martha
Bought by
Holland Justus P
Seller's Agent
John Matthews
Leading Edge Arab
Buyer's Agent
Rusty Glines
Leading Edge RE Group-Gtsv.
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.95%
Original Mortgage
$151,515
Outstanding Balance
$151,515
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$6,087

Purchase Details

Closed on
Dec 8, 2023
Sold by
Smith Mark and Smith Ginger Shree
Bought by
Powell Charles

Purchase Details

Listed on
Jun 24, 2018
Closed on
Mar 29, 2019
Sold by
Mcclellan Anthony Lee and Mcclellan Suzanne
Bought by
Powell Charles
Seller's Agent
Sandie Burgess
Southern Roots Realty
Buyer's Agent
Roy Lane
Guardian Real Estate Group
List Price
$80,999
Sold Price
$85,000
Premium/Discount to List
$4,001
4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$2,975
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2013
Sold by
Mcclellan Elizabeth Joy
Bought by
Mcclellan Anthony Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,320
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Plecher Carl E
Bought by
Mcclellan Anthony L and Mcclellan Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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 $150,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $85,000 Valley Ttl & Closing Svcs Ll
Quit Claim Deed $25,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,515 New Conventional
Closed $151,515 New Conventional
Previous Owner $20,572 FHA
Previous Owner $82,838 FHA
Previous Owner $2,975 Stand Alone Second
Previous Owner $83,460 FHA
Previous Owner $67,320 New Conventional
Previous Owner $70,000 New Conventional
Previous Owner $10,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $150,000 -6.3% $108 / Sq Ft
06/27/2025 06/27/25 For Sale $160,000 0.0% $115 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $160,000 +88.2% $115 / Sq Ft
07/04/2019 07/04/19 Off Market $85,000 -- --
04/05/2019 04/05/19 Sold $85,000 0.0% $61 / Sq Ft
02/16/2019 02/16/19 Price Changed $85,000 +4.9% $61 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $80,999 0.0% $58 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
11/10/2018 11/10/18 Price Changed $80,999 -4.6% $58 / Sq Ft
09/27/2018 09/27/18 Price Changed $84,900 -3.0% $61 / Sq Ft
08/20/2018 08/20/18 For Sale $87,500 0.0% $63 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/09/2018 07/09/18 Price Changed $87,500 -2.7% $63 / Sq Ft
06/24/2018 06/24/18 For Sale $89,900 -- $65 / 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 $482 $11,500 $0 $0
2023 $482 $10,900 $0 $0
2022 $454 $10,900 $0 $0
2021 $416 $10,080 $0 $0
2020 $358 $8,840 $0 $0
2017 $334 $8,300 $0 $0
2015 -- $7,800 $0 $0
2014 -- $7,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21888302

ValleyMLS.com

APN: 190515-2-003-006000