OFF MARKET

Off Market Oct 2021 for $609K

$744,017

Est. refi paymentEst. refi $4,088/mo

•

3,935

sq ft

506 Market St, Decatur, AL 35601

About this home

RARE OPPORTUNITY FOR WATERFRONT LIVING - IN DECATUR!! Nothing compares with being on the water and here you can live and play year round! Soaring ceilings with views of the water and bridge. Perfect size lawn, fenced for pets. Fantastic boat pier anchored to riverbed, lift can handle 27' long boat with second slip for the toys! Home features a 2car garage, updated kitchen, and a soaring greatroom with rock fireplace, wall of windows overlooking the water and a stairway to a private game room. Master has ENORMOUS closet with attached laundry. Upstairs suites are private and have Jack-n-Jill bath setup. Both bedrooms feature views of the water. Private office area up. RARE OPPORTUNITY!!

Single-familyProperty Type

1984Year Built

$189Est. Price/Sq.Ft.

2 car garageParking

Listed by Jeremy Jones • Parker Real Estate Res.LLC

•256-353-1112 (broker)

Bought with Jeremy Jones • Parker Real Estate Res.LLC

•256-353-1112 (broker)

Redfin checked: 3 minutes ago

•Source:VMLS #1788258

Redfin Estimate

$744,017

$134K since sold in October 2021$6,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 67.4% higher than the average sale price ($444K) of 5 comparable homes.

SOLD JUL 22, 2026
$638,818
A
3 beds2.5 baths3,547 sq ft
643 Sherman St, Decatur, AL 35601
SOLD APR 24, 2026
$219,000
B
3 beds2 baths1,511 sq ft
809 13th Ave SE, Decatur, AL 35601
SOLD JUN 9, 2026
$339,000
C
3 beds2.5 baths3,043 sq ft
722 Ferry St NE, Decatur, AL 35601
SOLD JUL 6, 2026
$410,000
D
4 beds3 baths3,039 sq ft
901 Parkside Ct, Decatur, AL 35601
SOLD APR 30, 2026
$615,009
E
3 beds4 baths3,300 sq ft
406 Canal St NE, Decatur, AL 35601

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Earn from this home

Sell

$257,226

Est. take-home

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Refinance

Est. cash available

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Rent

$1,925/mo

Redfin rental estimate

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Market trends in 35601, AL

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

+0.7% MoM

Median sale price

$192K

$1K MoM

Avg. days on market

57d

7 days MoM

Recently sold homes

108

6 MoM

New listings for sale

$515,931
4 beds2.5 baths3,658 sq ft
408 4th Ave, Decatur, AL 35601
(256) 353-1112
$235,000
3 beds2.5 baths1,750 sq ft
2602 13th St SE, Decatur, AL 35601
(256) 351-9180
$159,000
2 beds1 bath797 sq ft
304 Memorial Dr, Decatur, AL 35601
(256) 799-9333
VIDEO TOUR
$905,031
3 beds6 baths4,469 sq ft
2304 Horsetree Pl, Decatur, AL 35601
(256) 353-1112
$250,000
4 beds2 baths1,799 sq ft
305 Robinson St SW, Decatur, AL 35601
(256) 841-5657
$143,000
3 beds2 baths1,060 sq ft
423 Church St NW, Decatur, AL 35601
(256) 337-6364
3D WALKTHROUGH
$210,000
3 beds2.5 baths1,696 sq ft
519 SW Carolyn St, Decatur, AL 35601
(256) 270-0310
$170,000
2 beds1 bath1,498 sq ft
417 NE Lafayette St, Decatur, AL 35601
(256) 250-6009
$140,000
3 beds2 baths1,875 sq ft
1007 Freemont St, Decatur, AL 35601
(256) 678-7045
VIDEO TOUR
$788,902
4 beds2.5 baths2,486 sq ft
810 Island Way Unit A, Decatur, AL 35601
(256) 353-1112
See all

Provided by Redfin

Sale history for 506 Market St

Date

Event

Price

VMLS #1788258

Oct 22, 2021

Sold

$609,660

$155/sq ft

Oct 20, 2021

Pending

—

Aug 23, 2021

Contingent

—

Aug 10, 2021

Listed

$723,243

$184/sq ft

VMLS #1095597

Oct 10, 2018

Sold

$575,000

$146/sq ft

Jun 4, 2018

Listed

$599,900

$152/sq ft

+33

Enjoyment of sunsets is guaranteed at this waterfront property on the Tennessee River in Decatur! Water views from all main level rooms. Massive cathedral ceilings featuring exposed beams are in both the family area and the master bedroom. The kitchen is the entertaining hub with its center island chair bar, open eating area and the formal dining room. Master suite is secluded and offers an en suite with dressing vanity and a 12x18 closet with laundry room! Two B/R upstairs, game room with balcony. Open to the family area is the upstairs Rec room. 10x30 covered dock, boat lift, 2 jet ski lift, and a 3 slip floating pier. 20 SOLAR panels power the house. Patio flows the length of house.

Year

Property tax

Land + Additions

Assessment*

2025

$5,467

$14,270 + $46,070

$60,340

2024

$5,467

$14,270 + $46,070

$60,340

2023

$5,467 (+84.3%)

$14,270 + $46,070

$60,340

2022

$2,966 (+14.8%)

$14,270 + $51,190

$65,460

2021

$2,583 (+1.9%)

$14,270 + $42,730

$57,000

2020

$2,535

$14,270 + $42,730

$57,000

2019

$2,535

$14,270 + $42,730

$57,000

2018

$2,535 (+9.6%)

$14,270 + $42,740

$57,010

2017

$2,313 (+0.2%)

$14,270 + $37,830

$52,100

2016

$2,308 (+16.0%)

$14,270 + $37,710

$51,980

2013

$1,989

Tax history for 506 Market St

Year

Property tax

Land + Additions

Assessment*

2025

$5,467

$14,270 + $46,070

$60,340

2024

$5,467

$14,270 + $46,070

$60,340

2023

$5,467 (+84.3%)

$14,270 + $46,070

$60,340

2022

$2,966 (+14.8%)

$14,270 + $51,190

$65,460

2021

$2,583 (+1.9%)

$14,270 + $42,730

$57,000

2020

$2,535

$14,270 + $42,730

$57,000

2019

$2,535

$14,270 + $42,730

$57,000

2018

$2,535 (+9.6%)

$14,270 + $42,740

$57,010

2017

$2,313 (+0.2%)

$14,270 + $37,830

$52,100

2016

$2,308 (+16.0%)

$14,270 + $37,710

$51,980

2013

$1,989

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

1984

Sq. Ft.

5,333

Year built

1984

Style

Single Family Residential

County

Morgan County

APN

03 04 17 2 001 001.000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Property details

Parking

Parking / Garage Information
# of Garage Spaces: 2
Covered Spaces: 2
Has Garage: Yes

Interior

Bedroom 3 Information
Bedroom Level: Second
Bedroom Area: 182

Bedroom 4 Information
Bedroom Level: Second
Bedroom Area: 156

Master Bedroom Information
Master Bedroom Level: First
Master Bedroom Area: 450

Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (1/2): 0

Living Room Information
Living Room Level: First
Living Room Area: 500

Kitchen Information
Kitchen Level: First
Kitchen Area: 98

Room Information
# of Rooms: 6

Exterior

Lot Information
Lot Size Dimensions: 39 x 129 x 142 x 17
Lot Size Units: Acres

Land Information
Water Source: Public

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
New Construction: No
Year Built: 1984
Living Area: 3,935
Living Area Units: Square Feet
Has Fireplace: Yes
# of Fireplaces: 1

Building Information
Foundation Details: Slab
Levels: Two

Financial

Tax Information
Tax Lot: 0
Tax Block: 0

Utilities

Utility Information
Sewer: Public Sewer

Heating & Cooling
Has Cooling: Yes
Has Heating: Yes

Location

HOA Information
Association YN: No

Location Details
Directions: From 6th Ave, Turn Right Onto Wilson St Ne, Turn Left Onto Eighth Ave Ne, Turn Left On To Market St Ne. House Is On Your Left.

Community Information
Subdivision Name: New Town Landing

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 5,333
Stories: 1.5
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1984
County: Morgan County
APN: 03 04 17 2 001 001.000

Home facts updated by county records on Aug 10, 2026

Around this home

Schools

Banks-Caddell Elementary School

Public PreK-5 • Assigned • 1.0mi

5/10

Decatur Middle School

Public 6-8 • Assigned • 1.2mi

4/10

Decatur High School

Public 9-12 • Assigned • 0.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 54-66% chance 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

6/10 Heat Factor

7 days above 107° expected this year, 19 days in 30 years

6/10 Wind Factor

27% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$707,000 – $856,000

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408 4th Ave, Decatur, AL 35601

(256) 353-1112

$235,000

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2602 13th St SE, Decatur, AL 35601

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Home values near 506 Market St

Data from public records.

Address	Redfin Estimate
512 Market Street Northeast #5, Decatur, AL - Beds \| 14 Baths \| 8160 Sq. Ft.	$441,365
512 Market Street Northeast #1, Decatur, AL 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$347,487

Address	Redfin Estimate
512 Market Street Northeast #14, Decatur, AL - Beds \| 2 Baths \| 1790 Sq. Ft.	$234,292
512 Market Street Northeast #3, Decatur, AL - Beds \| 14 Baths \| 8160 Sq. Ft.	$463,868

Address	Redfin Estimate
512 Market Street Northeast #7, Decatur, AL - Beds \| 14 Baths \| 8160 Sq. Ft.	$488,126
512 Market Street Northeast #6, Decatur, AL - Beds \| 14 Baths \| 8160 Sq. Ft.	$381,105

Property information provided by VMLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 35601, AL

Sale history for 506 Market St

Tax history for 506 Market St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 35601

Home values near 506 Market St

More real estate resources