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655 Norman Ln

Fairhope, AL 36532

3 bd 2 ba 2,022 sqft Built 2022 Lot 6,255 sqft single_family
Most recent sale
$360,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $360,000 Public Record
May 17, 2022 Sold $380,000 Public Record
May 16, 2022 Sold $380,000 BaldwinREALTORS
Nov 22, 2021 Listed $380,000 MLS #323137

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $41,580 $1,623
2022 $9,800 $450
2021 $9,800 $423
2020 $8,600 $395
2019 $8,600 $369

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,022 sqft
Lot size
6,255 sqft
ZIP code
36532
City
Fairhope
Street
Norman Ln
Coordinates
30.50299, -87.87732

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
$3,033
Gross rental yield
10.11%
Implied cap rate
6.57%
Trend-extrapolated value

Frequently asked questions

When did 655 Norman Ln last sell?
655 Norman Ln most recently sold on May 25, 2022 for $360,000.
What is the current tax assessment for 655 Norman Ln?
The most recent total assessment for 655 Norman Ln (year 2025) is $41,580 with $1,623 in property tax.
How does 655 Norman Ln's assessment compare to its last sale price?
The current assessment is 88.5% below the last sale price of $360,000.
When was 655 Norman Ln built?
655 Norman Ln was built in 2022.
How does 655 Norman Ln compare to others on Norman Ln?
We track 8 other properties on Norman Ln. Browse the list under "Other properties on Norman Ln" to compare beds, baths, and sale history.
What are the property facts for 655 Norman Ln?
655 Norman Ln is a 3 bed, 2 bath, 2,022 sqft, 6,255 sqft lot single_family.
Is 655 Norman Ln a flip candidate?
No — 655 Norman Ln does not appear in our flips dataset.
Is 655 Norman Ln a tax-appeal candidate?
No — 655 Norman 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
-0.9%
Implied 1-yr
-3.8%
2026 Q3
$474.6K
2026 Q4
$469.9K
ZIP 36532 — Median Price History + Forecast

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