NOT LISTED FOR SALE

508 Rye Dr SW Decatur, AL 35603

Estimated Value: $177,000 - $223,000

3 Beds
2 Baths
1,325 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $140,000 $106 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,106/month

57 Days on Market

Highlights

  • No HOA
  • Frances Nungester Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2021

This family-sized home is ready for new tenancy. It features a large backyard, three bedrooms and two bathrooms. When walking through the front door, you are met with a large living room, perfect for cozy evenings with the family. Connecting to the living room, the kitchen provides plenty of space for cooking, storage, and dining. The space has been freshly painted and updated to guarantee comfort in your new home.

Last Agent to Sell the Property

Sam Mozeb

Access Real Estate License #90515 Listed on: 05/24/2021

Last Buyer's Agent

Darlene Davis

Doublehead Realty & Prop Mgmt License #107245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Lot Details

  • 0.29

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,325 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Brkhaven Elementary School
  • Decatur High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Farmington Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 1203064000154000

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Lot Details

0

Listing Details

  • Living Area: 1325
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Farmington
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 135
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 130
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 5
  • Room Bedroom2 Level: First
  • Room Living Room Area: 322
  • Room Kitchen Area: 180
  • Room Master Bedroom Area: 35

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Brkhaven(Do Not Use)

Lot Info

  • Parcel Number: 1203064000154000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 43

MLS Schools

  • Elementary School: Frances Nungester
  • High School: Decatur High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 31, 2021
Sold by
Shriji Enterprises Llc
Bought by
Maldonado Erendira Verduzco
Seller's Agent
Sam Mozeb
Access Real Estate
Buyer's Agent
Darlene Davis
Doublehead Realty & Prop Mgmt
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$195,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,006
Avg. Annual Appreciation
6.66%
Original Mortgage
$137,464
Outstanding Balance
$125,721
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$53,381
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
Maldonado Erendira Verduzco -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Erendira Verduzco $137,464
Closed Maldonado Erendira Verduzco $137,464
Previous Owner Shriji Enterprises Llc $228,610
Previous Owner Patel Unnati R $44,400
Previous Owner Nichols Robert L $83,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $140,000 -12.4% $106 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $159,900 0.0% $121 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $159,900 +205.9% $121 / Sq Ft
08/28/2012 08/28/12 Off Market $52,275 -- --
05/30/2012 05/30/12 Sold $52,275 -4.9% $39 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $54,995 -- $42 / 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 $525 $12,640 $1,500 $11,140
2023 $525 $12,640 $1,500 $11,140
2022 $525 $12,640 $1,500 $11,140
2021 $655 $14,460 $3,000 $11,460
2020 $655 $14,460 $3,000 $11,460
2019 $655 $14,460 $0 $0
2015 $595 $13,140 $0 $0
2014 $595 $13,140 $0 $0
2013 -- $13,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Mozeb

    Seller's Agent in 2021

    Sam Mozeb

    Access Real Estate

    (256) 309-7556

    63 Total Sales

    Sam Mozeb
    Section Image
  • Darlene Davis

    Buyer's Agent in 2021

    Darlene Davis

    Doublehead Realty & Prop Mgmt

    (256) 566-7717

    187 Total Sales

    Darlene Davis
    Section Image

  • P

    Seller's Agent in 2012

    Patti Lambert

    RE/MAX

    Section Image
  • Pam Marthaler

    Seller Co-Listing Agent in 2012

    Pam Marthaler

    RE/MAX

    (256) 565-3299

    59 Total Sales

    Pam Marthaler
    Section Image

  • G

    Buyer's Agent in 2012

    Glenn Hodges

    Advantage Property Management

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1781891

ValleyMLS.com

APN: 12-03-06-4-000-154.000

Alabama Morgan County Decatur 35603

508 Rye Dr SW, Decatur, AL

This home is located at 508 Rye Dr SW, Decatur, AL 35603 since 24 May 2021 and is currently estimated at $195,006, approximately $147 per square foot. 508 Rye Dr SW is a home located in Morgan County with nearby schools including Frances Nungester Elementary School, Brookhaven Middle School, and Horizon High School.

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