3 months on rocket

202 Somerville Rd, Decatur, AL, 35601

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
Multi

Location

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202 Somerville Rd, Decatur$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Parking2 Spaces per Unit
Year Built1956
HeatingElectric
CoolingCentral Air
FireplaceStove
MLS #21394421
StatusActive

About 202 Somerville Rd

Fully leased at $1100/ unit/mo. Restaurants shopping nearby, great investment income. At present 6% Cap rate

Property Details

Property Features

Property Information:

  • Year Built: 1956

Listing Office:

  • Office Name: Tortorigi Properties, Inc.
  • Listing Agent: Jerry Tortorigi

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Stove, Washer/Dryer Connection
  • Flooring Type: Vinyl, Wall-to-Wall Carpet
  • Fireplace: Stove

Exterior Features

Parking Information:

  • Parking: 2 Spaces per Unit

Virtual/3D Tour

  • Virtual Tour: 202 Somerville Rd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: n/a

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Decatur, AL.

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Decatur, AL

City

Med. Sold Price

$248K

Med. Price/SqFt

$138

# of Sold Homes

58

202 Somerville Rd vs Decatur

101 DAYS ON ROCKET

$350,000

+$102K More

KEY TAKEAWAY

This property is $102K more than the Median Sold Price in Decatur, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21394421

Listing Office:

  • Office Name: Tortorigi Properties, Inc.
  • Listing Agent: Jerry Tortorigi

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-843208
3
/10

  • Banks-Caddell Elementary School

  • 211 Gordon Dr SE

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-843209
4
/10

  • Oak Park Elementary School

  • 1218 16H Ave SE

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-843210
4
/10

  • West Decatur Elementary School

  • 708 Memorial Dr SW

  • 1.49 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,770. Most Decatur, AL residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Morgan County›Decatur›35601›202 Somerville Rd

This home is located at 202 Somerville Rd in Decatur, AL and zip code 35601. This home was built in 1956. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $350,000.

Over 10 listings were sold over their listed price in October 2024 in Decatur, AL. In the same period over 33 listings were sold below the listed price and 15 listings were sold for the listed price. Between September 2024 and October 2024, Decatur, AL real estate market has seen increase in the number of listings by 8%.

From Rocket Homes Real Estate and based on county public records data.

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