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1402 Grand Ave

Fort Payne, AL 35967

2 bd 1 ba 1,302 sqft Built 1948 Lot 6,970 sqft single_family
Most recent sale
$72,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $72,000 Public Record
Jul 25, 2022 Sold $73,095 RealTracs
May 12, 2022 Sold $73,095 ValleyMLS
May 10, 2022 Price changed $75,000 MLS #1353870
May 7, 2022 Price changed $85,000 MLS #1353870
Apr 26, 2022 Listed $88,000 MLS #1353870
Nov 23, 2020 Sold $58,300 Chattanooga

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $18,800 $846
2024 $18,800 $791
2023 $15,220 $684
2022 $8,000 $311
2021 $5,880 $215
2019 $3,940
2018 $3,940 $177

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,302 sqft
Lot size
6,970 sqft
ZIP code
35967
City
Fort Payne
Street
Grand Ave
Coordinates
34.42899, -85.73563

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
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1402 Grand Ave last sell?
1402 Grand Ave most recently sold on Jul 27, 2022 for $72,000.
What is the current tax assessment for 1402 Grand Ave?
The most recent total assessment for 1402 Grand Ave (year 2025) is $18,800 with $846 in property tax.
How does 1402 Grand Ave's assessment compare to its last sale price?
The current assessment is 73.9% below the last sale price of $72,000.
When was 1402 Grand Ave built?
1402 Grand Ave was built in 1948.
How does 1402 Grand Ave compare to others on Grand Ave?
We track 8 other properties on Grand Ave. Browse the list under "Other properties on Grand Ave" to compare beds, baths, and sale history.
What are the property facts for 1402 Grand Ave?
1402 Grand Ave is a 2 bed, 1 bath, 1,302 sqft, 6,970 sqft lot single_family.
Is 1402 Grand Ave a flip candidate?
Yes — 1402 Grand Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1402 Grand Ave a tax-appeal candidate?
No — 1402 Grand Ave 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
-1.9%
Implied 1-yr
-7.4%
2026 Q3
$176.2K
2026 Q4
$172.5K
ZIP 35967 — Median Price History + Forecast

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