2 months on rocket

506 Canal St NE, Decatur, AL, 35601

$397,500

Home List Price

$4,720*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
2,388 SqFt
$166/SqFt
House

Location

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506 Canal St NE, Decatur$397,500

Buyer Closing Credits

$4,720*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway-Concrete
Year Built1918
HeatingCentral 2, Electric
CoolingCentral 2
FireplaceGas Log, Two
MLS #21868858
Lot Size0.11 Acres
StatusActive

About 506 Canal St NE

Fully restored historic home located on desirable Canal St. Walking distance to downtown and the river. Craftsman style home with detached garage and fenced yard. This home is listed in the national registry and was built in 1918 and remains as part of Old Decatur today. Featuring 3 bedrooms, 3 baths, office and large kitchen with sunroom.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Craftsman
  • Year Built: 1918
  • Living Area: 2,388 SqFt

Listing Office:

  • Office Name: Leading Edge R.E. Group-Mad.
  • Office Phone: (256) 489-2602

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Refrigerator
  • Basement: No
  • Fireplace: Gas Log, Two

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Curb/Gutters, Sidewalk, Drive-Concrete

Parking Information:

  • Parking: Driveway-Concrete

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central 2, Electric
  • Cooling: Central 2

School Info

Assigned Schools Information:

  • Decatur High School, Public District Grades 9-12
  • Oak Park Middle School, Public District Grades 6-8
  • Banks-Caddell Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lee St - Right On Canal

Price Information

Listing Price Info

Price Summary:

  • List Price: $397,500
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $701
  • Tax Year: 2020
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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

$245.2K

Med. Price/SqFt

$138

# of Sold Homes

44

506 Canal St NE vs Decatur

71 DAYS ON ROCKET

$397,500

+$152.2K More

$166/SqFt

+$27 More

KEY TAKEAWAY

This property is $152.2K more than the Median Sold Price and $27/SqFt more than other homes in Decatur, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21868858

Listing Office:

  • Office Name: Leading Edge R.E. Group-Mad.
  • Office Phone: (256) 489-2602

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2024 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/29/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$701$29,950
2019$724$17,040
2018$724$17,020

History based on county public records data.

Payment Calculator

$2,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,258

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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.

Elementary School

school-card-donut-131857
4
/10

  • Banks-Caddell Elementary School

  • 211 Gordon Dr SE

  • 0.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-131858
3
/10

  • Oak Park Middle School

  • 1218 16th Ave SE

  • 1.89 miles

  • Public District Grades 6-8

High School

school-card-donut-131859
5
/10

  • Decatur High School

  • 1011 Prospect Dr SE

  • 1.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,670. Most Decatur, AL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Canal St NE

What is the listing price of this property?

The listing price of 506 Canal St NE property is $397,500.

What type of property is this?

The property 506 Canal St NE is a house located in Decatur, Alabama, 35601.

Is this property for sale now?

Active Listing: 506 Canal St NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Canal St NE are:
Banks-Caddell Elementary School: GreatSchools Rating 4/10
Oak Park Middle School: GreatSchools Rating 3/10
Decatur High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $701 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Canal St NE has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 506 Canal St NE is 2,388 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Canal St NE is 1918.

Rocket Homes›Alabama›Morgan County›Decatur›35601›506 Canal St NE

This home is located at 506 Canal St NE in Decatur, AL and zip code 35601. This 2,388 square foot home, which was built in 1918, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $397,500.

While more than 13 listings in Decatur, AL in September 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Decatur, AL between August 2024 and September 2024 decreased by 0.9%.

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

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