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506 Cedar Ln

Alabaster, AL 35114

3 bd 3 ba 1,811 sqft Built 1968 Lot 85,813 sqft single_family
Most recent sale
$200,000
Jan 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2024 Sold $335,000 GreaterAlabamaMLS
Jun 8, 2024 Price changed $350,000 GreaterAlabamaMLS
May 29, 2024 Price changed $369,900 GreaterAlabamaMLS
May 7, 2024 Listed $389,900 GreaterAlabamaMLS
Jan 8, 2024 Sold $200,000 Birmingham
Dec 21, 2023 Price changed $244,900 Tuscaloosa
Nov 29, 2023 Price changed $255,000 Birmingham
Nov 2, 2023 Listed $264,900 Birmingham
Jul 12, 2022 Listing removed Birmingham
Aug 14, 2021 Listed for rent $1,325 Birmingham
Nov 2, 2017 Sold $130,000 Public Record
May 22, 2015 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $30,320 $1,637
2021 $25,500 $1,377
2020 $24,660 $1,331
2018 $22,300 $1,204
2017 $22,320 $1,205
2016 $14,736 $7,004 $21,740 $1,173

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,811 sqft
Lot size
85,813 sqft
ZIP code
35114
City
Alabaster
Street
Cedar Ln
Coordinates
33.24449, -86.84469

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Cedar Ln last sell?
506 Cedar Ln most recently sold on Jan 8, 2024 for $200,000.
What is the current tax assessment for 506 Cedar Ln?
The most recent total assessment for 506 Cedar Ln (year 2022) is $30,320 with $1,637 in property tax.
How does 506 Cedar Ln's assessment compare to its last sale price?
The current assessment is 84.8% below the last sale price of $200,000.
When was 506 Cedar Ln built?
506 Cedar Ln was built in 1968.
How does 506 Cedar Ln compare to others on Cedar Ln?
We track 1 other property on Cedar Ln. Browse the list under "Other properties on Cedar Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Cedar Ln?
506 Cedar Ln is a 3 bed, 3 bath, 1,811 sqft, 85,813 sqft lot single_family.
Is 506 Cedar Ln a flip candidate?
Yes — 506 Cedar Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 Cedar Ln a tax-appeal candidate?
No — 506 Cedar Ln 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
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$343.5K
2026 Q4
$343.9K
ZIP 35114 — Median Price History + Forecast

Explore nearby

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