40500 Lake Dr
Bay Minette, AL 36507
3 bd 1,904 sqft Built 1974 Lot 14,681 sqft single_family
Most recent sale
$113,825
Mar 12, 2018
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 14, 2025 | Sold | $350,000 | Public Record |
| Aug 19, 2024 | Sold | $240,000 | Public Record |
| Apr 16, 2024 | Listed | $259,900 | BaldwinREALTORS |
| Mar 12, 2018 | Sold | $113,825 | Public Record |
| Oct 1, 2017 | Listing removed | $120,000 | BaldwinREALTORS |
| May 10, 2017 | Price changed | $120,000 | BaldwinREALTORS |
| Mar 9, 2017 | Listed | $125,000 | BaldwinREALTORS |
| Feb 14, 2014 | Sold | $74,000 | Public Record |
| Dec 30, 2013 | Listing removed | $74,900 | BaldwinREALTORS |
| Dec 10, 2013 | Price changed | $74,900 | BaldwinREALTORS |
| Nov 6, 2013 | Listed | $84,900 | BaldwinREALTORS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $16,440 | $444 |
| 2021 | — | — | $16,420 | $402 |
| 2020 | — | — | $14,450 | $384 |
| 2019 | — | — | $13,540 | $357 |
| 2018 | — | — | $25,380 | $761 |
| 2017 | — | — | $23,680 | $722 |
| 2016 | — | — | $22,180 | $677 |
| 2015 | — | — | $22,860 | $697 |
| 2014 | — | — | $21,520 | $645 |
| 2013 | — | — | $21,520 | $645 |
| 2012 | — | — | $10,940 | $279 |
| 2011 | — | — | $11,020 | $281 |
| 2010 | — | — | $11,420 | $293 |
| 2009 | — | — | $14,060 | $372 |
| 2008 | — | — | $14,060 | $372 |
| 2007 | — | — | $13,440 | $354 |
Property facts
Year built
1974
Property type
single_family
Stories
2
Beds
3
Baths
—
Living area
1,904 sqft
Lot size
14,681 sqft
ZIP code
36507
City
Bay Minette
Street
Lake Dr
Coordinates
30.81558, -87.77321
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 40500 Lake Dr last sell?
40500 Lake Dr most recently sold on Mar 12, 2018 for $113,825.
What is the current tax assessment for 40500 Lake Dr?
The most recent total assessment for 40500 Lake Dr (year 2022) is $16,440 with $444 in property tax.
How does 40500 Lake Dr's assessment compare to its last sale price?
The current assessment is 85.6% below the last sale price of $113,825.
When was 40500 Lake Dr built?
40500 Lake Dr was built in 1974.
How does 40500 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 40500 Lake Dr?
40500 Lake Dr is a 3 bed, 1,904 sqft, 14,681 sqft lot single_family.
Is 40500 Lake Dr a flip candidate?
Yes — 40500 Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40500 Lake Dr a tax-appeal candidate?
No — 40500 Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$285.3K
2026 Q4
$291.3K
ZIP 36507 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Dr