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1316 Pennylane

Decatur, AL 35601

3 bd 2 ba 1,278 sqft Built 1968 Lot 17,424 sqft single_family
Most recent sale
$219,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $219,000 Public Record
Aug 15, 2022 Sold $219,000 ValleyMLS
Jul 28, 2022 Price changed $224,900 MLS #1812355
Jun 30, 2022 Listed $239,900 MLS #1812355
Mar 30, 2022 Sold $95,000 Public Record
Jan 1, 2005 Sold $56,000 Public Record
Jan 1, 2004 Sold $76,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $16,500 $4,000 $20,500 $867
2024 $13,920 $4,000 $17,920 $764
2023 $13,920 $4,000 $17,920 $764
2022 $11,150 $1,740 $12,890 $1,167
2021 $9,310 $1,740 $11,050 $1,001
2020 $8,630 $1,740 $10,370 $381
2019 $8,630 $1,740 $10,370 $381
2018 $8,630 $1,740 $10,370 $381

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,278 sqft
Lot size
17,424 sqft
ZIP code
35601
City
Decatur
Street
Pennylane
Coordinates
34.58566, -86.95804

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,917
Gross rental yield
10.50%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 1316 Pennylane last sell?
1316 Pennylane most recently sold on Sep 9, 2022 for $219,000.
What is the current tax assessment for 1316 Pennylane?
The most recent total assessment for 1316 Pennylane (year 2025) is $20,500 with $867 in property tax.
How does 1316 Pennylane's assessment compare to its last sale price?
The current assessment is 90.6% below the last sale price of $219,000.
When was 1316 Pennylane built?
1316 Pennylane was built in 1968.
How does 1316 Pennylane compare to others on Pennylane?
We track 8 other properties on Pennylane. Browse the list under "Other properties on Pennylane" to compare beds, baths, and sale history.
What are the property facts for 1316 Pennylane?
1316 Pennylane is a 3 bed, 2 bath, 1,278 sqft, 17,424 sqft lot single_family.
Is 1316 Pennylane a flip candidate?
Yes — 1316 Pennylane appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1316 Pennylane a tax-appeal candidate?
No — 1316 Pennylane is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.4%
Implied 1-yr
-17.7%
2026 Q3
$163K
2026 Q4
$152.8K
ZIP 35601 — Median Price History + Forecast

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