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267 Melrose Ln

Dothan, AL 36303

3 bd 2 ba 1,518 sqft Built 2003 Lot 8,441 sqft single_family
Most recent sale
$164,000
Jan 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2024 Listed for rent $1,525 AppfolioUnits
May 8, 2024 Listed for rent $1,525 SoutheastAlabamaAOR
May 6, 2024 Sold $213,400 Public Record
Mar 19, 2024 Listed $235,999 Dothan
Jan 22, 2024 Sold $164,000 Public Record
Jan 18, 2024 Sold $164,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2009 $13,740 $404

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,518 sqft
Lot size
8,441 sqft
ZIP code
36303
City
Dothan
Street
Melrose Ln
Coordinates
31.21273, -85.34826

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
$984
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 267 Melrose Ln last sell?
267 Melrose Ln most recently sold on Jan 22, 2024 for $164,000.
What is the current tax assessment for 267 Melrose Ln?
The most recent total assessment for 267 Melrose Ln (year 2009) is $13,740 with $404 in property tax.
How does 267 Melrose Ln's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $164,000.
When was 267 Melrose Ln built?
267 Melrose Ln was built in 2003.
How does 267 Melrose Ln compare to others on Melrose Ln?
We track 8 other properties on Melrose Ln. Browse the list under "Other properties on Melrose Ln" to compare beds, baths, and sale history.
What are the property facts for 267 Melrose Ln?
267 Melrose Ln is a 3 bed, 2 bath, 1,518 sqft, 8,441 sqft lot single_family.
Is 267 Melrose Ln a flip candidate?
Yes — 267 Melrose Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 267 Melrose Ln a tax-appeal candidate?
No — 267 Melrose 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
+4.6%
Implied 1-yr
+18.2%
2026 Q3
$429.3K
2026 Q4
$444.4K
ZIP 36303 — Median Price History + Forecast

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