Great family home or Investment property. Rental ready! Enjoy this nice ranch style, charming, open concept home on a large corner lot with plenty of upgrades. 2 bed, 1 bath home, huge covered front porch. LVP in living area w/carpet in bedrooms. All appliances except refrigerator have been replaced during the last 6 years. HVAC 2021, Washer and dryer remain. Parking in backyard, double gate for access on alley side, or park on side yard. Large backyard with large detached dry storage building including a privacy fence for relaxing. This beautiful home is minutes away from some of Decatur's downtown & great attractions all around. This home is definitely a must see. Move in ready...
Single-familyProperty Type
6,969 sq ftLot Size
$157Price/Sq.Ft.
Listed by Buddy Tidmore• CRYE-LEIKE REALTORS - Madison
West Decatur, located between Downtown Decatur and the Tennessee River, is a historic and residential Decatur neighborhood with tree-lined streets and a river-adjacent setting. The neighborhood’s character concentrates around the 6th Ave SW and Moulton St W corridor, where murals, local counters, and small storefronts set a lived-in, walk-and-stop rhythm. Brick bungalows and mid-century ranch homes mix with older commercial blocks that hint at Decatur’s rail-and-river roots. The Princess Theatre Center for the Performing Arts anchors nights out with marquee lights and touring acts. Cross-Eyed Owl Brewing Co. and Bank Street Grill keep the local flavor grounded in pints and plates. Parks and greenways along the river add room for a slower pace without leaving the city grid.
Provided by Walk Score and Local Logic
Offer insights
501 NW Memorial Dr · $139,900
$140K and above
75% chance or better to win
Why $140K+ is a strong offer
DAYS ON MARKET
129 days
The average home goes pending in 50 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Crawl space basement
Bathrooms
1 full bathroom
Heating & cooling
Central heating
Central cooling
Exterior features
Corner lot
Lot dimensions approximately 50 x 140
Lot area about 0.16 acres
Home design
Single-family residence
One-level home
Parking
On-street parking
Construction
No fireplaces
Utilities
Public sewer
HOA & community
No homeowners association
Other
Subdivision: Dli&F Co Add 3
Electricity and solar
View estimated energy costs and solar savings for this home
Enjoy this nice one story charming home with plenty of upgrades which consist of a backyard with a detached storage building including a privacy fence for relaxing. This beautiful home is minutes away from some of Decatur's great attractions. This home is definitely a must see. Move in ready...
Public Records
Mar 17, 2005
Sold
$72,372
$81/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$693
$410 + $7,240
$7,650
2024
$693
$410 + $7,240
$7,650
2023
$693
$410 + $7,240
$7,650
2022
$693 (+58.4%)
$410 + $7,240
$7,650
2021
$438
$410 + $4,420
$4,830
2020
$438
$410 + $4,420
$4,830
2019
$438
$410 + $4,420
$4,830
2018
$438 (+14.7%)
$410 + $4,420
$4,830
2017
$381 (+0.1%)
$410 + $3,800
$4,210
2016
$381 (+161.0%)
$410 + $3,800
$4,210
2013
$146
Public record
Public record
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
7,000 Sq. Ft.
Year renovated
2005
Finished Sq. Ft.
888
Unfinished Sq. Ft.
—
Total Sq. Ft.
888
Year built
2005
Style
Single Family Residential
County
Morgan County
APN
02 06 13 4 001 002.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Feb 3, 2022 • Final
Mechanical
HVAC
Aug 25, 2005 • Final
Building
Build a single-family home with two bedrooms and one bathroom on a crawl space.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
4/10 Wind Factor
21% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Decatur, AL • 35601
Average low and high temperatures (°F)
49
30
60
39
72
49
78
57
79
63
87
70
92
74
90
71
85
67
77
55
66
48
55
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 NW Memorial Dr
$139,964
$64 over list price of $140K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $108K to $175K.