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557 Reach Dr

Birmingham, AL 35242

2 bd 2 ba 1,317 sqft Built 2005 Lot 3,485 sqft townhomes
Most recent sale
$254,500
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Listing removed $1,450 GreaterAlabamaMLS
Sep 29, 2022 Sold $254,500 MLS #1333821
Sep 27, 2022 Listed for rent $1,450 GreaterAlabamaMLS
Sep 14, 2022 Listed $259,900 MLS #1333821
Sep 10, 2021 Price changed for rent $1,450 AppfolioUnits
Aug 23, 2021 Listed for rent $1,495 AppfolioUnits
Jan 28, 2013 Sold $73,000 Public Record
Feb 23, 2009 Sold $155,000 MLS #402442
Feb 6, 2009 Listed $159,900 MLS #402442
Oct 29, 2004 Sold $146,400 MLS #239510
Jul 11, 2004 Listed $144,900 MLS #239510
Feb 27, 2004 Sold $141,900 MLS #220209
Oct 15, 2003 Listed $141,900 MLS #220209

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $16,460 $683
2020 $15,660 $648
2019 $15,380 $636
2018 $15,120 $624
2017 $10,280 $4,400 $14,680 $605
2016 $9,990 $4,400 $14,390 $593
2015 $9,800 $4,400 $14,200 $584
2013 $9,600 $4,400 $14,000 $575
2012 $9,710 $4,400 $14,110 $580
2011 $8,930 $4,400 $13,330 $546
2010 $10,110 $4,400 $14,510 $598
2009 $10,120 $4,400 $14,520 $598
2008 $10,230 $4,400 $14,630 $603
2007 $10,230 $3,500 $13,730 $564

Property facts

Year built
2005
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,317 sqft
Lot size
3,485 sqft
ZIP code
35242
City
Birmingham
Street
Reach Dr
Coordinates
33.36932, -86.67256

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,976
Gross rental yield
9.32%
Implied cap rate
6.06%
Trend-extrapolated value

Frequently asked questions

When did 557 Reach Dr last sell?
557 Reach Dr most recently sold on Sep 29, 2022 for $254,500.
What is the current tax assessment for 557 Reach Dr?
The most recent total assessment for 557 Reach Dr (year 2021) is $16,460 with $683 in property tax.
How does 557 Reach Dr's assessment compare to its last sale price?
The current assessment is 93.5% below the last sale price of $254,500.
When was 557 Reach Dr built?
557 Reach Dr was built in 2005.
How does 557 Reach Dr compare to others on Reach Dr?
We track 8 other properties on Reach Dr. Browse the list under "Other properties on Reach Dr" to compare beds, baths, and sale history.
What are the property facts for 557 Reach Dr?
557 Reach Dr is a 2 bed, 2 bath, 1,317 sqft, 3,485 sqft lot townhomes.
Is 557 Reach Dr a flip candidate?
No — 557 Reach Dr does not appear in our flips dataset.
Is 557 Reach Dr a tax-appeal candidate?
No — 557 Reach Dr 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
-0.4%
2026 Q3
$592.7K
2026 Q4
$592.2K
ZIP 35242 — Median Price History + Forecast

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