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508 Margaret Ln

Calera, AL 35040

3 bd 2 ba 1,389 sqft Built 2019 Lot 7,405 sqft single_family
Most recent sale
$230,000
Mar 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2022 Sold $230,000 MLS #1309676
Jan 31, 2022 Listed $224,000 MLS #1309676
Dec 13, 2019 Sold $154,990 MLS #862792
Mar 11, 2019 Price changed $158,000 MLS #828809
Mar 10, 2019 Price changed $158,500 MLS #828809
Jan 12, 2019 Price changed $156,500 MLS #828809
Nov 16, 2018 Price changed $152,100 MLS #828809
Oct 17, 2018 Price changed $159,990 MLS #828809
Sep 12, 2018 Listed $160,749 MLS #828809
Jan 9, 2018 Sold $528,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $15,840 $814
2020 $31,680 $1,711
2019 $28,280 $1,527
2018 $6,400 $346
2017 $5,600 $5,600 $302
2016 $5,600 $5,600 $302
2015 $5,600 $5,600 $302
2013 $5,600 $5,600 $302

Property facts

Year built
2019
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,389 sqft
Lot size
7,405 sqft
ZIP code
35040
City
Calera
Street
Margaret Ln
Coordinates
33.11979, -86.75388

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
$2,084
Gross rental yield
10.87%
Implied cap rate
7.07%
Trend-extrapolated value

Frequently asked questions

When did 508 Margaret Ln last sell?
508 Margaret Ln most recently sold on Mar 14, 2022 for $230,000.
What is the current tax assessment for 508 Margaret Ln?
The most recent total assessment for 508 Margaret Ln (year 2021) is $15,840 with $814 in property tax.
How does 508 Margaret Ln's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $230,000.
When was 508 Margaret Ln built?
508 Margaret Ln was built in 2019.
How does 508 Margaret Ln compare to others on Margaret Ln?
We track 5 other properties on Margaret Ln. Browse the list under "Other properties on Margaret Ln" to compare beds, baths, and sale history.
What are the property facts for 508 Margaret Ln?
508 Margaret Ln is a 3 bed, 2 bath, 1,389 sqft, 7,405 sqft lot single_family.
Is 508 Margaret Ln a flip candidate?
No — 508 Margaret Ln does not appear in our flips dataset.
Is 508 Margaret Ln a tax-appeal candidate?
No — 508 Margaret Ln 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
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$381.1K
2026 Q4
$387.4K
ZIP 35040 — Median Price History + Forecast

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