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545 Lake Cv

Hoover, AL 35242

5 bd 7 ba 7,468 sqft Built 2002 Lot 43,560 sqft single_family
Most recent sale
$1,179,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $1,179,000 MLS #1318202
Apr 25, 2022 Listed $1,179,000 MLS #1318202

Tax assessment history

YearBuildingLandTotal assessedTax paid
2016 $82,780 $13,000 $95,780 $6,369
2015 $81,150 $13,000 $94,150 $6,262
2013 $78,720 $13,000 $91,720 $6,099
2012 $78,720 $13,000 $91,720 $6,099
2011 $78,950 $13,000 $91,950 $6,115
2010 $80,560 $13,000 $93,560 $6,222
2009 $81,370 $13,000 $94,370 $6,276
2008 $81,370 $13,000 $94,370 $6,276
2007 $81,260 $13,000 $94,260 $6,268

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
5
Baths
7
Living area
7,468 sqft
Lot size
43,560 sqft
ZIP code
35242
City
Hoover
Street
Lake Cv
Coordinates
33.43097, -86.62932

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
$11,202
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value

Frequently asked questions

When did 545 Lake Cv last sell?
545 Lake Cv most recently sold on Jun 15, 2022 for $1,179,000.
What is the current tax assessment for 545 Lake Cv?
The most recent total assessment for 545 Lake Cv (year 2016) is $95,780 with $6,369 in property tax.
How does 545 Lake Cv's assessment compare to its last sale price?
The current assessment is 91.9% below the last sale price of $1,179,000.
When was 545 Lake Cv built?
545 Lake Cv was built in 2002.
How does 545 Lake Cv compare to others on Lake Cv?
We track 8 other properties on Lake Cv. Browse the list under "Other properties on Lake Cv" to compare beds, baths, and sale history.
What are the property facts for 545 Lake Cv?
545 Lake Cv is a 5 bed, 7 bath, 7,468 sqft, 43,560 sqft lot single_family.
Is 545 Lake Cv a flip candidate?
No — 545 Lake Cv does not appear in our flips dataset.
Is 545 Lake Cv a tax-appeal candidate?
No — 545 Lake Cv 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
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$592.7K
2026 Q4
$592.2K
ZIP 35242 — Median Price History + Forecast

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