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407 1st St

Bay Minette, AL 36507

3 bd 2 ba 1,344 sqft Built 1961 Lot 10,890 sqft single_family
Most recent sale
$185,000
Jan 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $198,000 BaldwinREALTORS
Sep 8, 2022 Listed $199,000 MLS #7075161
Jan 3, 2022 Sold $185,000 Public Record
Feb 10, 2020 Sold $47,500 Public Record
Oct 14, 2019 Sold $95,000 Public Record
Sep 25, 2019 Relisted $109,500 MLS #629803
Jul 22, 2019 Price changed $109,500 MLS #629803
Jul 11, 2019 Listed $115,000 MLS #286287
Jul 31, 2018 Sold $89,387 Public Record
Jul 30, 2018 Sold $89,000 BaldwinREALTORS
Jun 3, 2018 Listed $99,900 MLS #270497

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $8,220 $349
2020 $8,410 $309
2019 $9,060 $336
2017 $6,520 $277
2016 $6,420 $273
2015 $7,960 $338
2014 $8,000 $340
2013 $8,080 $343
2012 $16,320 $694
2011 $16,820 $715
2010 $17,780 $756
2009 $17,560 $746
2008 $18,940 $805

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
10,890 sqft
ZIP code
36507
City
Bay Minette
Street
1st St
Coordinates
30.88390, -87.76960

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
$2,016
Gross rental yield
13.08%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 407 1st St last sell?
407 1st St most recently sold on Jan 3, 2022 for $185,000.
What is the current tax assessment for 407 1st St?
The most recent total assessment for 407 1st St (year 2021) is $8,220 with $349 in property tax.
How does 407 1st St's assessment compare to its last sale price?
The current assessment is 95.6% below the last sale price of $185,000.
When was 407 1st St built?
407 1st St was built in 1961.
How does 407 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 407 1st St?
407 1st St is a 3 bed, 2 bath, 1,344 sqft, 10,890 sqft lot single_family.
Is 407 1st St a flip candidate?
Yes — 407 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 1st St a tax-appeal candidate?
No — 407 1st St 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$285.3K
2026 Q4
$291.3K
ZIP 36507 — Median Price History + Forecast

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