The house you asked about is located in Hampton Cove a suburb of Huntsville.
It's been on market since 06/12/11. The current owner bought the house
10/09/09 for $174,500.

The house is listed at $184,500 / $80 psf. The sellers break even point on a
sale is in the $188,000 range so seller is expecting to take a loss on the
sale. Homes for sale in Huntsville Alabama

The link below is to a summary of recent MLS activity in the neighborhood.
There are 6 active listings and 3 sales. The average sold price was $98 per
square foot with a range of $101 to $95 psf. The average days on market were
long at 132 days and a range of 58 to 209 days.


http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114339214

At $80 psf this house is aggressively priced.


I searched for other active listings in Hampton Cove in the $180,000  to
$185,000 range and found one additional listing at the link below. It is
listed at $102 psf.

http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114339221

Please let me know if you want to schedule a showing of the house. If you
are not local, we can preview and provide additional photos.