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1532 Melrose Pl

Homewood, AL 35209

3 bd 2 ba 2,101 sqft Built 1958 Lot 6,534 sqft single_family
Most recent sale
$440,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $440,000 MLS #1308234
Jan 13, 2022 Listed $434,900 MLS #1308234
Sep 11, 2013 Sold $287,100 Public Record
Apr 30, 2013 Sold $287,000 MLS #554220
Feb 12, 2013 Listed $289,000 MLS #554220
Apr 30, 2009 Sold $287,000 MLS #423249
Mar 28, 2009 Listed $309,900 MLS #423249
Apr 25, 2008 Sold $287,000 MLS #376952
Jan 31, 2008 Listed $299,000 MLS #376952
Jan 30, 2008 Listing removed $299,000 GreaterAlabamaMLS
Jul 31, 2007 Listed $299,000 MLS #350109
Aug 18, 2003 Sold $255,000 Public Record
Nov 1, 1995 Sold $170,000 Public Record
Jul 12, 1990 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $44,040 $3,232
2019 $40,740 $2,984
2018 $34,640 $2,527
2017 $32,220 $2,345
2016 $30,320 $2,202
2015 $28,260 $2,048
2013 $29,240 $2,127
2012 $11,000 $17,680 $28,680 $2,085
2011 $11,210 $17,680 $28,890 $2,100
2010 $11,210 $17,680 $28,890 $2,100
2009 $11,210 $20,400 $31,610 $2,304
2008 $11,520 $22,500 $34,020 $2,485
2007 $11,330 $21,000 $32,330 $2,358

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,101 sqft
Lot size
6,534 sqft
ZIP code
35209
City
Homewood
Street
Melrose Pl
Coordinates
33.46922, -86.79954

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,152
Gross rental yield
8.60%
Implied cap rate
5.59%
Trend-extrapolated value

Frequently asked questions

When did 1532 Melrose Pl last sell?
1532 Melrose Pl most recently sold on Feb 25, 2022 for $440,000.
What is the current tax assessment for 1532 Melrose Pl?
The most recent total assessment for 1532 Melrose Pl (year 2020) is $44,040 with $3,232 in property tax.
How does 1532 Melrose Pl's assessment compare to its last sale price?
The current assessment is 90.0% below the last sale price of $440,000.
When was 1532 Melrose Pl built?
1532 Melrose Pl was built in 1958.
How does 1532 Melrose Pl compare to others on Melrose Pl?
We track 6 other properties on Melrose Pl. Browse the list under "Other properties on Melrose Pl" to compare beds, baths, and sale history.
What are the property facts for 1532 Melrose Pl?
1532 Melrose Pl is a 3 bed, 2 bath, 2,101 sqft, 6,534 sqft lot single_family.
Is 1532 Melrose Pl a flip candidate?
No — 1532 Melrose Pl does not appear in our flips dataset.
Is 1532 Melrose Pl a tax-appeal candidate?
No — 1532 Melrose Pl 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$692.4K
2026 Q4
$708.4K
ZIP 35209 — Median Price History + Forecast

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