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206 Memorial Dr NW, Decatur, AL, 35601

3beds
1baths
952sqft
$115,000
$121price/sqft
$976/moest. monthly cost
$39,040/yrincome needed

About This Home

This charming 3-bedroom 1-bath is centrally located with a large backyard. Located near shopping, dining, and the river. Currently tenant-occupied. Please do not disturb.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
4/10
Decatur Middle SchoolGrades 6-81.6 mi
5/10
Decatur High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1944

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Carpet
  • Level: First
  • Area: 110

Bedroom3

  • Features: Carpet
  • Level: First
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: LVP
  • Level: First
  • Area: 168

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Window 2+

Interior Area

  • Total interior livable area: 952 sqft

Kitchen

  • Features: Tile
  • Area: 80

Laundry Room

  • Level: First
  • Area: 50

Living Room

  • Features: Ceiling Fan(s),LVP
  • Area: 210

Master Bedroom

  • Features: Carpet
  • Level: First
  • Area: 120

Property

Details

  • Parcel number: 0304183005013000

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,276 sqft

Parking

  • Parking features: Driveway-Concrete

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
    TornadoVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Lightning
Cold Wave
Earthquake
Heat Wave
Strong Wind
Winter Weather

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 $581$6,972
Home Insurance *$126$1,512
Property Taxes $29$348
Electricity $240$2,881
Total$976$11,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,462/yr
40% on housing$29,280/yr
45% on housing$26,026/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 35601$107
Morgan County$131

vs Homes Sold Last Month

Median $/sqft

ZIP 35601$132
Morgan County$138

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
2026-07-08Price change$115,000
2026-06-10Price change$120,000
2025-04-22Listing removed$1,000
2025-04-15Listed for rent$1,000
2021-12-20Pending sale$85,000
2021-12-17Sold$75,000
2021-10-26Price change$85,000
2021-10-07Listed for sale$92,500
2017-09-14Sold$24,500

For Sale by Agent

AgentKristi Cofield McGuire
BrokerageNextHome Kel Mitchell

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