5508 Madison Dr
Birmingham, AL 35228
2 bd 1 ba 756 sqft Built 1940 Lot 6,534 sqft single_family
Most recent sale
$42,500
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $42,500 | MLS #1318351 |
| Jun 13, 2022 | Relisted | $59,900 | MLS #1318351 |
| Apr 26, 2022 | Listed | $59,900 | MLS #1318351 |
| Sep 5, 2020 | Sold | $56,799 | MLS #885775 |
| Nov 18, 2019 | Sold | $31,500 | MLS #859108 |
| Nov 1, 2019 | Listing removed | $700 | GreaterAlabamaMLS |
| Jul 8, 2019 | Listed | $44,000 | MLS #855378 |
| Mar 18, 2019 | Listed | $50,777 | MLS #843682 |
| May 29, 2018 | Sold | $11,250 | MLS #813296 |
| Mar 30, 2018 | Listing removed | $24,500 | GreaterAlabamaMLS |
| Mar 27, 2018 | Listed | $16,500 | MLS #813296 |
| Feb 2, 2018 | Listed | $24,500 | MLS #805971 |
| Jan 2, 2018 | Listing removed | $15,000 | GreaterAlabamaMLS |
| Jul 21, 2017 | Price changed | $15,000 | MLS #775701 |
| Jun 1, 2017 | Price changed | $19,900 | MLS #775701 |
| May 4, 2017 | Listing removed | $550 | AppfolioUnits |
| Mar 23, 2017 | Listed for rent | $550 | AppfolioUnits |
| Feb 23, 2017 | Listed | $27,500 | MLS #775701 |
| Feb 8, 2017 | Listing removed | $33,500 | GreaterAlabamaMLS |
| Jan 6, 2017 | Relisted | $33,500 | MLS #769842 |
| Dec 23, 2016 | Listing removed | $33,500 | GreaterAlabamaMLS |
| Dec 21, 2016 | Listed | $33,500 | MLS #769842 |
| Oct 23, 2016 | Listing removed | $34,500 | GreaterAlabamaMLS |
| Aug 13, 2016 | Relisted | $34,500 | MLS #757244 |
| Aug 12, 2016 | Listing removed | $34,500 | GreaterAlabamaMLS |
| Jul 22, 2016 | Listed | $34,500 | MLS #757244 |
| May 20, 2016 | Listing removed | $60,000 | GreaterAlabamaMLS |
| Mar 16, 2016 | Listed | $60,000 | MLS #744498 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $6,680 | $484 |
| 2019 | — | — | $6,680 | $484 |
| 2017 | — | — | $5,880 | $426 |
| 2016 | — | — | $5,880 | $426 |
| 2015 | — | — | $5,880 | $426 |
| 2013 | — | — | $5,800 | $418 |
| 2011 | $4,700 | $1,180 | $5,880 | $424 |
| 2010 | $4,700 | $1,180 | $5,880 | $424 |
| 2009 | $4,700 | $1,180 | $5,880 | $424 |
| 2008 | $4,840 | $1,180 | $6,020 | $433 |
| 2007 | $4,760 | $720 | $5,480 | $395 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
756 sqft
Lot size
6,534 sqft
ZIP code
35228
City
Birmingham
Street
Madison Dr
Coordinates
33.44182, -86.92841
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$255
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5508 Madison Dr last sell?
5508 Madison Dr most recently sold on Aug 11, 2022 for $42,500.
What is the current tax assessment for 5508 Madison Dr?
The most recent total assessment for 5508 Madison Dr (year 2020) is $6,680 with $484 in property tax.
How does 5508 Madison Dr's assessment compare to its last sale price?
The current assessment is 84.3% below the last sale price of $42,500.
When was 5508 Madison Dr built?
5508 Madison Dr was built in 1940.
How does 5508 Madison Dr compare to others on Madison Dr?
We track 1 other property on Madison Dr. Browse the list under "Other properties on Madison Dr" to compare beds, baths, and sale history.
What are the property facts for 5508 Madison Dr?
5508 Madison Dr is a 2 bed, 1 bath, 756 sqft, 6,534 sqft lot single_family.
Is 5508 Madison Dr a flip candidate?
Yes — 5508 Madison Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5508 Madison Dr a tax-appeal candidate?
No — 5508 Madison 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$80.2K
2026 Q4
$79.3K
ZIP 35228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Dr