511 W Cleveland Ave Florence, AL 35630
North Florence Neighborhood
3
Beds
1.5
Baths
1,200
Sq Ft
4,792
Sq Ft Lot
About This Home
As of December 2024Don’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
MarMac Real Estate - The Shoals License #000109307 Listed on: 10/17/2024
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Dec 11, 2024
Sold by
Hannah William A and Hannah Stephanie A
Bought by
Avila Alex
Seller's Agent
BRIANA DOLAN
MarMac Real Estate - The Shoals
Buyer's Agent
Adrian Taylor
Taylor Real Estate Management
List Price
$124,900
Sold Price
$113,000
Premium/Discount to List
-$11,900
-9.53%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,537
Avg. Annual Appreciation
26.08%
Original Mortgage
$90,400
Outstanding Balance
$88,810
Interest Rate
0.67%
Mortgage Type
Construction
Estimated Equity
$44,402
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%
Views
395
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.10%
Original Mortgage
$95,197
Interest Rate
0.64%
Mortgage Type
Construction
Similar Homes in Florence, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $113,000 | Attorney Only | |
| Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,400 | Construction | |
| Previous Owner | $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
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
6 in this area
45 Total Sales
-
Adrian Taylor
A
Buyer's Agent in 2024
Adrian Taylor
Taylor Real Estate Management
(256) 766-0000
2 in this area
3 Total Sales
-
Ted Wylie
Seller's Agent in 2023
Ted Wylie
APEX Realty Group LLC
(256) 415-5151
32 in this area
313 Total Sales
Map
Source: Strategic MLS Alliance (Cullman / Shoals Area)
MLS Number: 519238
APN: 24-02-03-3-003-004.000
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