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5539 Petrey Hwy, Luverne, AL, 36049

2beds
1baths
0sqft
$65,000
--price/sqft
$656/moest. monthly cost
$26,240/yrincome needed

About This Home

Nestled in the heart of Crenshaw County, Alabama, just 6.6A± miles from Luverne, this charming older home sits on a beautiful 1A± acre lot surrounded by peaceful country scenery right in the heart of the Patsburg community. Offering two bedrooms and one bath, this property at 5539 Petrey Highway is full of character and ready for someone to bring it back to life. Inside, you'll find classic knotted pine walls that add warmth and rustic appeal, along with hardwood floors that showcase the home's timeless charm. Large windows allow natural light to fill the space, highlighting its cozy layout and vintage details. The home does need some repairs, making it a great opportunity for investors, renovators, or buyers looking to customize a property to their own style. With plenty of outdoor space for gardening, relaxing, or expanding, this approximately one-acre lot provides room to grow while enjoying the quiet setting of rural Alabama. If you're searching for a fixer-upper with character and potential, this Crenshaw County property is ready for its next chapter. *DISCLAIMER: Property is being sold "AS IS". Seller will make no repairs. This is a handyman special priced to reflect its condition-perfect for a buyer looking to trade a little elbow grease for a lot of value. Contact today to schedule a private showing. Location: 5539 Petrey Highway Luverne, AL 36049 Crenshaw County Patsburg Community 6.6A± Miles NE of Luverne 45.6A± Miles S of Montgomery Coordinates: 31.78765, -86.2303 Tax Information: 12-01-02-0- $440.04 (2025) Property Use: Residential Fixer-Upper Recreational Investment Property Information: 1.0A± Acre Fixer-Upper Home 2 Bedrooms/1 Bath Hardwood Floors Large Windows Utilities Available Sold As-Is

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Luverne High SchoolGrades PK-125.8 mi

Construction

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 12010200000180010

Lot

  • Lot size: 1 Acres

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Lightning
Tornado
Hurricane
Inland Flooding
Strong Wind
Cold Wave
Heat Wave

FEMA Declared Disasters Across Alabama Counties

Flood
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 $328$3,936
Home Insurance *$73$876
Property Taxes $15$180
Electricity $240$2,881
Total$656$7,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,491/yr
40% on housing$19,680/yr
45% on housing$17,493/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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36049$110
Crenshaw County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 36049
Crenshaw County$91

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
2026-07-31Listed for sale$65,000
2026-06-23Listing removed$65,000
2026-03-12Pending sale$65,000
2026-03-12Contingent$65,000
2026-03-02Listed for sale$65,000

For Sale by Agent

AgentMelanie Wilkerson
BrokerageSmallTown Properties

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