507 Main St
Arab, AL 35016
2 bd 1 ba 1,398 sqft Built 1940 Lot 20,473 sqft single_family
Most recent sale
$65,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $65,000 | Public Record |
| May 5, 2022 | Sold | $65,000 | ValleyMLS |
| May 2, 2022 | Price changed | $79,000 | MLS #1806425 |
| Apr 23, 2022 | Listed | $89,000 | MLS #1806425 |
| Sep 24, 2016 | Listing removed | $119,900 | ValleyMLS |
| Mar 23, 2016 | Relisted | $119,900 | MLS #1027375 |
| Feb 21, 2016 | Listing removed | $119,900 | ValleyMLS |
| Aug 20, 2015 | Listed | $119,900 | MLS #1027375 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $20,100 | $814 |
| 2023 | — | — | $18,020 | $729 |
| 2022 | — | — | $17,180 | $695 |
| 2021 | — | — | $15,960 | $657 |
| 2020 | — | — | $13,520 | $547 |
| 2019 | — | — | $13,520 | $547 |
| 2018 | — | — | $13,520 | $547 |
| 2017 | — | — | $13,620 | $551 |
| 2016 | — | — | $14,440 | $584 |
| 2015 | — | — | $14,780 | $517 |
| 2013 | — | — | $14,780 | $517 |
| 2012 | — | — | $14,320 | $501 |
| 2011 | — | — | $14,320 | $501 |
| 2010 | — | — | $14,320 | $501 |
| 2009 | — | — | $14,320 | $501 |
| 2008 | — | — | $16,180 | $566 |
| 2007 | — | — | $12,520 | $413 |
Property facts
Year built
1940
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,398 sqft
Lot size
20,473 sqft
ZIP code
35016
City
Arab
Street
Main St
Coordinates
34.32261, -86.49665
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Main St last sell?
507 Main St most recently sold on Jun 3, 2022 for $65,000.
What is the current tax assessment for 507 Main St?
The most recent total assessment for 507 Main St (year 2025) is $20,100 with $814 in property tax.
How does 507 Main St's assessment compare to its last sale price?
The current assessment is 69.1% below the last sale price of $65,000.
When was 507 Main St built?
507 Main St was built in 1940.
How does 507 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 507 Main St?
507 Main St is a 2 bed, 1 bath, 1,398 sqft, 20,473 sqft lot single_family.
Is 507 Main St a flip candidate?
No — 507 Main St does not appear in our flips dataset.
Is 507 Main St a tax-appeal candidate?
No — 507 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$262.7K
2026 Q4
$266.3K
ZIP 35016 — Median Price History + Forecast
Explore nearby
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