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1508 N 4th Ave, Lanett, AL, 36863

5beds
4baths
2,124sqft
$269,000
$127price/sqft
$2,259/moest. monthly cost
$90,360/yrincome needed

About This Home

This is a fantastic opportunity to own a spacious home with five bedrooms and four bathrooms, offering ample space for everyone. It's worth noting that the basement level offers one of the bedrooms and a full bathroom. The property has a lovely street presence with a great front yard, and out back, you'll find a useful fenced-in space perfect for pets or gardening. What truly sets this listing apart is the additional separate building out back. This detached structure includes a full kitchen, a full bathroom, and a convenient laundry room on the back, offering incredible potential as an in-law suite, a dedicated workspace, or a fantastic rental opportunity. Call to schedule your private tour!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

1/10
Lanett Jr High SchoolGrades 7-81.9 mi
1/10
Lanett Senior High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1950

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Brick/Frame,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Oven/Range (Combo)
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Bath Finished,Exterior Entry,Interior Entry,Partial

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • In-Law Floorplan,Separate Shower,Soaking Tub,Tile Bath
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Masonry
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 2,124

Heating & Cooling

  • Heating features: Electric,Central,Heat Pump
  • Cooling features: Electric,Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,124
  • Total interior livable area: 2,124 sqft

Property

Details

  • Parcel number: 1006244001011000

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Fencing: Fenced,Other

Lot

  • Lot size: 0.62 Acres
  • Features: Private

Parking

  • Total spaces: 3
  • Parking features: Basement,Garage,Parking Pad,Side/Rear Entrance
  • Has garage: Yes
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Straight Line Winds
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 $1,360$16,320
Home Insurance *$594$7,128
Property Taxes $65$780
Electricity $240$2,881
Total$2,259$27,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,451/yr
40% on housing$67,770/yr
45% on housing$60,240/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 36863$124
Chambers County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 36863$66
Chambers County$108

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)

Price History

DateEventPrice
2025-12-13Listed for sale$289,000
2022-06-17Sold$170,000
2022-05-03Pending sale$175,000
2022-04-29Listed for sale$175,000
2022-04-12Pending sale$175,000
2022-03-11Price change$175,000
2022-02-15Price change$185,800
2022-01-18Pending sale$185,000
2022-01-15Price change$185,000
2022-01-10Listed for sale$175,000
2019-01-25Listing removed$135,000
2018-12-11Listed for rent$1,200
2015-09-21Sold$129,900
2015-06-27Pending sale$129,900
2015-05-30Listed for sale$129,900
2014-07-15Listing removed$129,900
2014-06-05Price change$129,900
2014-04-14Listed for sale$134,800

For Sale by Agent

AgentJamie Friend
BrokerageGo Realty

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