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Single Family ResidenceResidential
$55,824$41 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 44How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $55,000 on Dec 1, 2023

505 MEMORIAL DR SW

DECATUR, AL 35601
1
Baths
1,374 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$56K
$24K low$87K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$55,000 · Dec 1, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$301 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,320 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$410
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$2,910
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,320
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$33,200

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.18
40
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
22
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
29
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORGAN
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Austin Middle SchoolB-
Middle · Grades 6–8 · 3.8 mi
E
Eastwood Elementary SchoolB+
Elementary · Grades PK–5 · 3.9 mi
H
Austin High SchoolB
High · Grades 9–12 · 4.4 mi

District: Decatur City School District

Neighborhood · ZIP 35601These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.58

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.36,724
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.791 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$50,929
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68,005
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.58 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 Memorial Dr Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 98% of homes in Morgan County
  • Among the lowest price per square foot in Morgan County
  • Smaller than 66% of homes in Morgan County
  • Has a smaller lot than 90% of homes in Morgan County
  • Older than 97% of homes in Decatur 35601

What homes are worth in Decatur 35601

Each bar is how many homes fall in that price range. The marker is this home.

This home
$45K$591K

This home is worth more than 5% of homes in Decatur 35601.

How it measures up in Decatur 35601

The dot is this home. The mark in the middle is the typical home in Decatur 35601.

Estimated value$55,824
CheaperTypical $151,365Pricier

Pricier than 5% of homes nearby

Price per ft²$41
CheaperTypical $105Pricier

Pricier than 3% of homes nearby

Living area1,374 ft²
SmallerTypical 1,462 ft²Bigger

Bigger than 42% of homes nearby

Lot size0.16 ac
SmallerTypical 0.27 acBigger

Bigger than 21% of homes nearby

Year built1925
OlderTypical 1963Newer

Newer than 3% of homes nearby

How 505 Memorial Dr Sw ranks against every home in each area.
MeasureThis homeDecatur 35601Morgan County
Estimated valuepricier than$55,8245% of homes2% of homes
Price per ft²pricier than$413% of homesalmost no homes
Living areabigger than1,374 ft²42% of homes34% of homes
Lot sizebigger than0.16 ac21% of homes10% of homes
Year builtnewer than19253% of homes4% of homes

About 505 Memorial Dr Sw

How much is 505 Memorial Dr Sw, Decatur, AL worth?

The TopHap Estimate for 505 Memorial Dr Sw, Decatur, AL is $55,824 as of Aug 30, 2026. The likely range is $24,351 to $87,297. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Memorial Dr Sw, Decatur, AL last sell?

505 Memorial Dr Sw, Decatur, AL last sold on Dec 1, 2023 for $55,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 505 Memorial Dr Sw, Decatur, AL?

505 Memorial Dr Sw, Decatur, AL has 1 bathrooms, 1,374 square feet of living space and a 0.16-acre lot.

When was 505 Memorial Dr Sw, Decatur, AL built?

505 Memorial Dr Sw, Decatur, AL was built in 1925, making it 101 years old. The building has 1 story.

What schools serve 505 Memorial Dr Sw, Decatur, AL?

505 Memorial Dr Sw, Decatur, AL is assigned to Austin Middle School (middle), rated B-; Eastwood Elementary School (elementary), rated B+; Austin High School (high), rated B. All sit in Decatur City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Memorial Dr Sw, Decatur, AL compare to other homes in Decatur 35601?

Among the 10,999 homes in Decatur 35601, it is worth more than 5% of them ($55,824 against a typical $151,365), its price per square foot is higher than 3% of them ($41 against a typical $105), it is bigger than 42% of them (1,374 ft² against a typical 1,462 ft²), its lot is bigger than 21% of them (0.16 ac against a typical 0.27 ac) and it is newer than 3% of them (1925 against a typical 1963). Measured against all of Morgan County, it is worth more than 2% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Memorial Dr Sw, Decatur, AL?

The 2025 property tax bill for 505 Memorial Dr Sw, Decatur, AL was $301. The county assessed it at $3,320.

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