5058 Melrose Way
Hoover, AL 35226
3 bd 3 ba 2,032 sqft Built 1996 Lot 6,970 sqft single_family
Most recent sale
$361,001
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $361,001 | MLS #1315001 |
| Mar 25, 2022 | Listed | $339,780 | MLS #1315001 |
| Jul 31, 2019 | Sold | $223,000 | MLS #852160 |
| May 7, 2013 | Sold | $181,712 | Public Record |
| Nov 20, 1997 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $40,540 | $2,890 |
| 2024 | — | — | $40,540 | $2,734 |
| 2023 | — | — | $36,020 | $2,562 |
| 2022 | — | — | $28,360 | $2,005 |
| 2021 | — | — | $24,580 | $1,731 |
| 2020 | — | — | $23,360 | $1,642 |
| 2019 | — | — | $21,200 | $1,486 |
| 2018 | — | — | $19,860 | $1,388 |
| 2017 | — | — | $19,620 | $1,371 |
| 2016 | — | — | $18,920 | $1,320 |
| 2015 | — | — | $18,920 | $1,320 |
| 2013 | — | — | $17,540 | $2,561 |
| 2012 | $27,480 | $14,000 | $41,480 | $3,026 |
| 2011 | $28,000 | $14,000 | $42,000 | $3,064 |
| 2010 | $28,000 | $14,000 | $42,000 | $3,064 |
| 2009 | $28,000 | $14,000 | $42,000 | $3,064 |
| 2008 | $28,780 | $14,000 | $42,780 | $3,120 |
| 2007 | $28,340 | $14,000 | $42,340 | $3,088 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,032 sqft
Lot size
6,970 sqft
ZIP code
35226
City
Hoover
Street
Melrose Way
Coordinates
33.34955, -86.87046
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,048
Gross rental yield
10.13%
Implied cap rate
6.59%
Trend-extrapolated value
—
Frequently asked questions
When did 5058 Melrose Way last sell?
5058 Melrose Way most recently sold on May 31, 2022 for $361,001.
What is the current tax assessment for 5058 Melrose Way?
The most recent total assessment for 5058 Melrose Way (year 2025) is $40,540 with $2,890 in property tax.
How does 5058 Melrose Way's assessment compare to its last sale price?
The current assessment is 88.8% below the last sale price of $361,001.
When was 5058 Melrose Way built?
5058 Melrose Way was built in 1996.
How does 5058 Melrose Way compare to others on Melrose Way?
We track 8 other properties on Melrose Way. Browse the list under "Other properties on Melrose Way" to compare beds, baths, and sale history.
What are the property facts for 5058 Melrose Way?
5058 Melrose Way is a 3 bed, 3 bath, 2,032 sqft, 6,970 sqft lot single_family.
Is 5058 Melrose Way a flip candidate?
No — 5058 Melrose Way does not appear in our flips dataset.
Is 5058 Melrose Way a tax-appeal candidate?
No — 5058 Melrose Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$548K
2026 Q4
$559.9K
ZIP 35226 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Way