516 Meadow Lake Farms
Calera, AL 35040
5 bd 6 ba 4,785 sqft Built 2007 Lot 945,252 sqft single_family
Most recent sale
$2,200,000
Aug 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2026 | Listed | $1,599,000 | GreaterAlabamaMLS |
| Feb 12, 2024 | Sold | $1,424,000 | Public Record |
| May 15, 2023 | Price changed | $1,499,000 | GreaterAlabamaMLS |
| Dec 2, 2022 | Price changed | $1,699,000 | GreaterAlabamaMLS |
| Aug 20, 2022 | Listed | $1,800,000 | MLS #1331623 |
| Aug 16, 2022 | Sold | $2,200,000 | MLS #1326121 |
| Jul 2, 2022 | Listed | $2,350,000 | MLS #1326121 |
| Jun 2, 2006 | Sold | $130,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $66,680 | $2,934 |
| 2020 | — | — | $63,360 | $2,788 |
| 2019 | — | — | $61,660 | $2,713 |
| 2018 | — | — | $63,080 | $2,776 |
| 2017 | — | — | $61,220 | $2,694 |
| 2016 | $42,000 | $17,564 | $59,564 | $2,622 |
| 2015 | $41,180 | $25,389 | $66,569 | $2,930 |
| 2013 | $40,350 | $25,389 | $65,739 | $2,893 |
| 2012 | $40,770 | $25,389 | $66,159 | $2,911 |
| 2011 | $41,190 | $26,189 | $67,379 | $2,965 |
| 2010 | $42,030 | $26,189 | $68,219 | $3,002 |
| 2009 | $42,450 | $26,189 | $68,639 | $3,020 |
| 2008 | $42,450 | $26,189 | $68,639 | $3,020 |
| 2007 | $17,040 | $22,500 | $39,540 | $1,740 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
5
Baths
6
Living area
4,785 sqft
Lot size
945,252 sqft
ZIP code
35040
City
Calera
Street
Meadow Lake Farms
Coordinates
33.14173, -86.72450
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,178
Gross rental yield
3.92%
Implied cap rate
2.54%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Meadow Lake Farms last sell?
516 Meadow Lake Farms most recently sold on Aug 16, 2022 for $2,200,000.
What is the current tax assessment for 516 Meadow Lake Farms?
The most recent total assessment for 516 Meadow Lake Farms (year 2021) is $66,680 with $2,934 in property tax.
How does 516 Meadow Lake Farms's assessment compare to its last sale price?
The current assessment is 97.0% below the last sale price of $2,200,000.
When was 516 Meadow Lake Farms built?
516 Meadow Lake Farms was built in 2007.
How does 516 Meadow Lake Farms compare to others on Meadow Lake Farms?
We track 2 other properties on Meadow Lake Farms. Browse the list under "Other properties on Meadow Lake Farms" to compare beds, baths, and sale history.
What are the property facts for 516 Meadow Lake Farms?
516 Meadow Lake Farms is a 5 bed, 6 bath, 4,785 sqft, 945,252 sqft lot single_family.
Is 516 Meadow Lake Farms a flip candidate?
No — 516 Meadow Lake Farms does not appear in our flips dataset.
Is 516 Meadow Lake Farms a tax-appeal candidate?
No — 516 Meadow Lake Farms is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$381.1K
2026 Q4
$387.4K
ZIP 35040 — Median Price History + Forecast
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Geography
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