For sale

$195,000

4516 Margarete Dr SW, Decatur, AL 35603

3beds

1,475sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1975

0.5 Acres Lot

$194,800 Zestimate^®

$132/sqft

$-- HOA

What's special

Brand new hvac unitNew flooringBrand new bathroomsGood roofNew gravel drivewayVinyl windowsBrand new kitchen

Nice 3 bed, 2 bath home (primary bedroom has a private bathroom) with 2 brand new bathrooms and a brand new kitchen to include cabinets, counters and appliances. Nice vinyl windows, a good roof and a brand new HVAC unit. All new flooring and paint throughout the entire home. New gravel driveway. Maintenance free for years to come.

10 days

717

57

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Rooms

Room types: Master Bedroom, Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast, Laundry

Bedroom 2

Features: Ceiling Fan(s), LVP
Level: First
Area: 90
Dimensions: 10 x 9

Bedroom 3

Features: Ceiling Fan(s), LVP
Level: First
Area: 81
Dimensions: 9 x 9

Family room

Features: Ceiling Fan(s), Recessed Lighting, LVP
Level: First
Area: 216
Dimensions: 12 x 18

Kitchen

Features: Recessed Lighting, Smooth Ceiling, LVP
Level: First
Area: 221
Dimensions: 13 x 17

Living room

Features: Recessed Lighting, Smooth Ceiling, LVP
Level: First
Area: 198
Dimensions: 18 x 11

Laundry room

Features: LVP
Level: First
Area: 55
Dimensions: 11 x 5

Heating

Central 1

Cooling

Central 1

Features

Windows: Double Pane Windows
Has basement: No
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,475 sqft

Property

Parking

Parking features: Driveway-Gravel

Features

Levels: One
Stories: 1
Patio & porch: Patio

Lot

Size: 0.5 Acres
Dimensions: 100 x 225

Details

Parcel number: 1204200003045.000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Slab

Condition

New construction: No
Year built: 1975

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Pine Forest Estates

HOA

Has HOA: No

Location

Region: Decatur

Financial & listing details

Price per square foot: $132/sqft
Tax assessed value: $107,600
Date on market: 5/16/2026

Estimated market value

$194,800

$185,000 - $205,000

$1,645/mo

Price history

Date	Event	Price
5/16/2026	Listed for sale	$195,000+254.5%$132/sqft
Source: ValleyMLS #21918224 Report a problem
11/20/2025	Sold	$55,000-21.4%$37/sqft
Source: Public Record Report a problem
3/20/2015	Sold	$70,000-22.1%$47/sqft
Source: ValleyMLS #1004403 Report a problem
10/24/2014	Listed for sale	$89,900$61/sqft
Source: MarMac Real Estate #1004170 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$10,780
2024	--	$10,780
2023	--	$10,780
2022	--	$10,780 +17.2%
2021	--	$9,200
2020	--	$9,200
2019	--	$9,200 +9.5%
2015	--	$8,400
2014	--	$8,400 +0.7%
2013	--	$8,340
2012	--	$8,340
2010	$330	$8,340

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified