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1008 Palmetto St, Homewood, AL, 35209

2beds
2baths
1,463sqft
$599,000
$409price/sqft
$3,825/moest. monthly cost
$153,000/yrincome needed

About This Home

Prime Edgewood Location with Incredible Potential! Just steps from Homewood schools, parks, Broadway shops, restaurants, and everything that makes Edgewood so desirable, this charming home offers the walkable lifestyle buyers love. Inside you'll find beautiful hardwood floors, plantation shutters, a spacious primary suite with an updated bath and walk-in closet, a second bedroom with its own bath, and a kitchen featuring granite countertops, stainless steel appliances, and a gas cooktop. The large, fully fenced backyard provides plenty of room to enjoy now, while the lot offers outstanding potential for future expansion—a rare opportunity in one of Homewood's most sought-after neighborhoods. With great bones, a waterproofed basement, gated alley access, and endless possibilities, this is your chance to make this Edgewood gem your own!

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

10/10
10/10
Homewood Middle SchoolGrades 6-80.4 mi
10/10
Homewood High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Basement
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Gas Cooktop,Dishwasher,Microwave,Plumbed for Gas in Kit,Refrigerator,Stainless Steel Appliance(s),Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Closet,Yes

Basement

  • Area: 435

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished,Block

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Recessed Lighting,Crown Molding,Tub/Shower Combo,Walk-In Closet(s)
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 3
  • Fireplace features: Brick (FIREPL),Den,Living Room,Outdoors,Wood Burning,Outside
  • Fireplace: Yes
  • Attic: Pull Down Stairs,Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,463

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,463 sqft

Kitchen

  • Features: Stone Counters
  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 2900132023009.000
  • Attached to another structure: Yes
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Open (PATIO),Patio,Porch
  • Exterior features: Sprinkler System
  • Fencing: Fenced
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Lot

  • Lot size: 8,276 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$268$3,216
Property Taxes $289$3,468
Electricity $240$2,881
Total$3,825$45,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,142/yr
40% on housing$114,750/yr
45% on housing$102,000/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$409This listing

vs Other Active Listings

Avg $/sqft

ZIP 35209$204
Jefferson County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 35209$301
Jefferson County$136

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-16Pending sale$565,000
2026-08-05Price change$565,000
2026-06-27Price change$599,000
2026-05-17Listed for sale$600,000
2021-09-22Sold$415,000
2011-06-30Sold$282,000
2011-03-31Listed for sale$299,900
2005-10-06Sold$230,000

For Sale by Agent

AgentAmy Hobbs
BrokerageKeller Williams Realty Vestavia

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