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357 Lake Rd

Hoover, AL 35242

5 bd 5 ba 5,653 sqft Built 2001 Lot 43,996 sqft single_family
Most recent sale
$787,000
Jun 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2024 Listed $868,900 Birmingham
Jun 27, 2023 Sold $787,000 Birmingham
Jun 23, 2004 Sold $532,000 Birmingham
Jan 20, 2004 Listed $549,900 Birmingham
Apr 26, 2002 Listing removed $479,000 Birmingham
Mar 4, 2002 Listed $479,000 Birmingham
Mar 2, 2002 Listing removed $439,000 Birmingham
Sep 27, 2001 Listed $439,000 Birmingham

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $60,900 $4,008
2021 $57,600 $3,789
2020 $52,580 $3,455
2018 $55,280 $3,635
2017 $55,700 $3,663
2016 $41,080 $13,000 $54,080 $3,555
2015 $40,270 $13,000 $53,270 $3,502
2013 $39,060 $13,000 $52,060 $3,420
2012 $39,060 $13,000 $52,060 $3,420
2011 $42,730 $13,000 $55,730 $3,665
2010 $43,600 $13,000 $56,600 $3,722
2009 $44,040 $13,000 $57,040 $3,752
2008 $44,040 $13,000 $57,040 $3,752
2007 $43,700 $13,000 $56,700 $3,729

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
5,653 sqft
Lot size
43,996 sqft
ZIP code
35242
City
Hoover
Street
Lake Rd
Coordinates
33.42886, -86.62945

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,480
Gross rental yield
12.93%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 357 Lake Rd last sell?
357 Lake Rd most recently sold on Jun 27, 2023 for $787,000.
What is the current tax assessment for 357 Lake Rd?
The most recent total assessment for 357 Lake Rd (year 2022) is $60,900 with $4,008 in property tax.
How does 357 Lake Rd's assessment compare to its last sale price?
The current assessment is 92.3% below the last sale price of $787,000.
When was 357 Lake Rd built?
357 Lake Rd was built in 2001.
How does 357 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 357 Lake Rd?
357 Lake Rd is a 5 bed, 5 bath, 5,653 sqft, 43,996 sqft lot single_family.
Is 357 Lake Rd a flip candidate?
No — 357 Lake Rd does not appear in our flips dataset.
Is 357 Lake Rd a tax-appeal candidate?
No — 357 Lake Rd 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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