$113,000
SOLD DEC 13, 2024

511 W Cleveland Ave Florence, AL 35630

North Florence Neighborhood
3 Beds
1.5 Baths
1,200 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

10% Below List Price

11 Days on Market

About This Home

As of December 2024

Don’t miss the opportunity to own this affordable home just a minute away from the University of North Alabama and the vibrant downtown Florence. This home features 3 bedrooms and 1.5 baths. There is an upstairs loft that with a little TLC would be an awesome office/study or playroom. In addition to the home, there is a paved driveway and carport, large storage building and a fenced in yard! There is a lot of potential here that you don’t want to miss.

Last Agent to Sell the Property

BRIANA DOLAN

Marmac Real Estate - The Shoals License #000109307 Listed on: 10/17/2024

Marmac Real Estate - The Shoals

Last Buyer's Agent

Adrian Taylor

Taylor Real Estate Management LLC License #000150820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50' x 115'

Parking

  • 2 Carport Spaces

Interior Spaces

  • 1,200 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association
  • Florence Community
  • Melville Terrace Subdivision

Listing and Financial Details

  • Tax Lot 02
  • Assessor Parcel Number 24-02-03-3-003-004.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Above Grade Finished Sq Ft: 1200
  • Built Before 1978 (Y/N): Yes
  • Docs Count: 1
  • Frontage Len: 50
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: No
  • Lot Dimensions: 50' X 115'
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 90.47
  • Subdivision Name: Melville Terrace
  • Carport: Yes
  • GarageYN: No
  • Agent Only_ L A1 User Code: S8_74507
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement YN: No
  • LivingArea: 1200
  • Price Per S Q F T: 94.17
  • Total Bedrooms: 3
  • FireplaceYN: No
  • Main Level Bedrooms: 3

Beds/Baths

  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No

Garage/Parking

  • Carport Spaces: 2

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

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

Lot Info

  • Acres: 0.11
  • Parcel Num: 24-02-03-3-003-004.000

Building Info

  • Year Built: 1948
  • BuildingAreaTotal: 1200

Tax Info

  • Tax Lot: 02

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
May 18, 2023
Sold by
Ivy Carylon A
Bought by
Cleveland Ivy and Ivy Carolyn A
Seller's Agent
Ted Wylie
APEX Realty Group LLC
Buyer's Agent
Ted Wylie
APEX Realty Group LLC
List Price
$165,950
Sold Price
$115,000
Premium/Discount to List
-$50,950
-30.7%
Total Days on Market
11
Views
395
Current Estimated Value
$133,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,555
Avg. Annual Appreciation
7.65%
Original Mortgage
$95,197
Outstanding Balance
$89,646
Interest Rate
0.64%
Mortgage Type
Construction
Estimated Equity
$43,909
Source: Public Records

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Range of Values:

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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
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,197 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $113,000 -9.5% $94 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $124,900 +8.6% $104 / Sq Ft
05/18/2023 05/18/23 Sold $115,000 -6.5% $113 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $122,950 -3.2% $121 / Sq Ft
03/14/2023 03/14/23 Price Changed $126,950 -2.3% $125 / Sq Ft
02/14/2023 02/14/23 Price Changed $129,950 -4.4% $128 / Sq Ft
10/24/2022 10/24/22 Price Changed $135,950 -9.3% $133 / Sq Ft
10/13/2022 10/13/22 Price Changed $149,950 -6.3% $147 / Sq Ft
10/04/2022 10/04/22 Price Changed $159,950 -3.6% $157 / Sq Ft
09/16/2022 09/16/22 For Sale $165,950 -- $163 / Sq Ft
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 $866 $17,680 $920 $16,760
2023 $866 $420 $420 $0
2022 $0 $7,960 $0 $0
2021 $0 $6,580 $0 $0
2020 $0 $5,780 $0 $0
2019 $0 $5,780 $0 $0
2018 $0 $5,660 $0 $0
2017 $0 $5,520 $0 $0
2016 $0 $5,240 $0 $0
2015 -- $6,900 $0 $0
2014 -- $6,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BRIANA DOLAN

    Seller's Agent in 2024

    BRIANA DOLAN

    Marmac Real Estate - The Shoals

    (256) 483-9759

    Section Image

  • A

    Buyer's Agent in 2024

    Adrian Taylor

    Taylor Real Estate Management LLC

    (256) 766-0000

    2 in this area

    3 Total Sales

    Adrian Taylor
    Section Image
  • Ted Wylie

    Seller's Agent in 2023

    Ted Wylie

    APEX Realty Group LLC

    (256) 415-5151

    31 in this area

    301 Total Sales

    Ted Wylie
    Section Image
See All Agents

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 519238

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-03-3-003-004.000

Alabama Lauderdale County Florence 35630 North Florence

511 W Cleveland Ave, Florence, AL

This home is located at 511 W Cleveland Ave, Florence, AL 35630 and is currently priced at $113,000, approximately $94 per square foot. This property was built in 1948. 511 W Cleveland Ave is a home located in Lauderdale County with nearby schools including Florence Freshman Center, Florence High School, and St. Joseph Regional Catholic 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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