4 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.
  • Office Phone: (205) 243-4667
  • 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.

Med. Sold Price

$250K

Med. Price/SqFt

$139

# of Sold Homes

51

202 Somerville Rd vs Decatur

147 DAYS ON ROCKET

$350,000

+$100K More

KEY TAKEAWAY

This property is $100K 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.
  • Office Phone: (205) 243-4667
  • 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© 2025 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: 1/7/2025, 11:21:00 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-799735
3
/10
  • Banks-Caddell Elementary School

  • 211 Gordon Dr SE

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-799736
4
/10
  • Oak Park Elementary School

  • 1218 16H Ave SE

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-799737
4
/10
  • West Decatur Elementary School

  • 708 Memorial Dr SW

  • 1.49 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas


Rocket HomesAlabamaMorgan CountyDecatur35601202 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.

While more than 7 listings in Decatur, AL in December 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 33 were sold below. The inventory of homes for sale in Decatur, AL between November 2024 and December 2024 increased by 1.8%.

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

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