3047 Madison Ln
Chelsea, AL 35043
3 bd 2 ba 1,997 sqft Built 2005 Lot 5,227 sqft single_family
Most recent sale
$315,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 20, 2023 | Sold | $325,000 | GreaterAlabamaMLS |
| Aug 22, 2023 | Listed | $320,000 | GreaterAlabamaMLS |
| Jul 2, 2023 | Listed for rent | $2,200 | Avail |
| Sep 19, 2022 | Sold | $315,000 | MLS #1328528 |
| Aug 11, 2022 | Price changed | $299,900 | MLS #1328528 |
| Aug 9, 2022 | Price changed | $312,500 | MLS #1328528 |
| Jul 21, 2022 | Listed | $330,000 | MLS #1328528 |
| Dec 6, 2021 | Sold | $225,000 | Public Record |
| Jul 31, 2006 | Sold | $195,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $45,060 | $1,983 |
| 2020 | — | — | $42,900 | $1,888 |
| 2019 | — | — | $41,060 | $1,807 |
| 2018 | — | — | $20,340 | $575 |
| 2017 | — | — | $20,020 | $736 |
| 2016 | $15,210 | $4,200 | $19,410 | $713 |
| 2015 | $14,910 | $4,200 | $19,110 | $702 |
| 2013 | $14,620 | $4,200 | $18,820 | $691 |
| 2012 | $14,620 | $4,200 | $18,820 | $691 |
| 2011 | $14,920 | $4,200 | $19,120 | $530 |
| 2010 | $15,000 | $4,200 | $19,200 | $533 |
| 2009 | $15,070 | $4,200 | $19,270 | $536 |
| 2008 | $15,700 | $4,200 | $19,900 | $559 |
| 2007 | $15,450 | $4,200 | $19,650 | $550 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,997 sqft
Lot size
5,227 sqft
ZIP code
35043
City
Chelsea
Street
Madison Ln
Coordinates
33.33874, -86.58903
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,996
Gross rental yield
11.41%
Implied cap rate
7.42%
Trend-extrapolated value
—
Frequently asked questions
When did 3047 Madison Ln last sell?
3047 Madison Ln most recently sold on Sep 19, 2022 for $315,000.
What is the current tax assessment for 3047 Madison Ln?
The most recent total assessment for 3047 Madison Ln (year 2021) is $45,060 with $1,983 in property tax.
How does 3047 Madison Ln's assessment compare to its last sale price?
The current assessment is 85.7% below the last sale price of $315,000.
When was 3047 Madison Ln built?
3047 Madison Ln was built in 2005.
How does 3047 Madison Ln compare to others on Madison Ln?
We track 8 other properties on Madison Ln. Browse the list under "Other properties on Madison Ln" to compare beds, baths, and sale history.
What are the property facts for 3047 Madison Ln?
3047 Madison Ln is a 3 bed, 2 bath, 1,997 sqft, 5,227 sqft lot single_family.
Is 3047 Madison Ln a flip candidate?
Yes — 3047 Madison Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3047 Madison Ln a tax-appeal candidate?
No — 3047 Madison Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$809.5K
2026 Q4
$848.5K
ZIP 35043 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ln