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508 Foothills Ledge

Chelsea, AL 35043

3 bd 3 ba 2,547 sqft Built 2005 Lot 7,841 sqft single_family
Most recent sale
$366,200
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 18, 2022 Sold $346,000 GreaterAlabamaMLS
Oct 6, 2022 Price changed $346,000 MLS #1322225
Sep 22, 2022 Price changed $364,000 MLS #1322225
Sep 8, 2022 Price changed $366,000 MLS #1322225
Aug 18, 2022 Price changed $372,000 MLS #1322225
Aug 4, 2022 Price changed $378,000 MLS #1322225
Jul 15, 2022 Price changed $384,000 MLS #1322225
Jul 1, 2022 Price changed $390,000 MLS #1322225
Jun 16, 2022 Price changed $396,000 MLS #1322225
Jun 1, 2022 Listed $401,000 MLS #1322225
Apr 11, 2022 Sold $366,200 Public Record
Aug 30, 2018 Sold $243,000 MLS #818719
Jun 15, 2018 Listed $246,500 MLS #818719
Dec 30, 2008 Listing removed $249,900 GreaterAlabamaMLS
Jun 16, 2008 Listed $249,900 MLS #394971
Jun 15, 2005 Sold $218,528 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $26,300 $1,116
2020 $25,280 $1,071
2019 $24,760 $1,048
2018 $25,020 $1,060
2017 $19,480 $4,700 $24,180 $1,023
2016 $18,940 $4,700 $23,640 $999
2015 $18,570 $4,700 $23,270 $983
2013 $18,200 $4,700 $22,900 $967
2012 $17,090 $4,700 $21,790 $918
2011 $17,260 $4,700 $21,960 $925
2010 $17,620 $4,700 $22,320 $941
2009 $17,970 $4,700 $22,670 $957
2008 $18,160 $4,700 $22,860 $965
2007 $18,000 $4,700 $22,700 $958

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,547 sqft
Lot size
7,841 sqft
ZIP code
35043
City
Chelsea
Street
Foothills Ledge
Coordinates
33.35191, -86.63821

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
$3,821
Gross rental yield
12.52%
Implied cap rate
8.14%
Trend-extrapolated value

Frequently asked questions

When did 508 Foothills Ledge last sell?
508 Foothills Ledge most recently sold on Apr 11, 2022 for $366,200.
What is the current tax assessment for 508 Foothills Ledge?
The most recent total assessment for 508 Foothills Ledge (year 2021) is $26,300 with $1,116 in property tax.
How does 508 Foothills Ledge's assessment compare to its last sale price?
The current assessment is 92.8% below the last sale price of $366,200.
When was 508 Foothills Ledge built?
508 Foothills Ledge was built in 2005.
How does 508 Foothills Ledge compare to others on Foothills Ledge?
We track 8 other properties on Foothills Ledge. Browse the list under "Other properties on Foothills Ledge" to compare beds, baths, and sale history.
What are the property facts for 508 Foothills Ledge?
508 Foothills Ledge is a 3 bed, 3 bath, 2,547 sqft, 7,841 sqft lot single_family.
Is 508 Foothills Ledge a flip candidate?
No — 508 Foothills Ledge does not appear in our flips dataset.
Is 508 Foothills Ledge a tax-appeal candidate?
No — 508 Foothills Ledge 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
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$809.5K
2026 Q4
$848.5K
ZIP 35043 — Median Price History + Forecast

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