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116 Paradise Lake Rd

Hoover, AL 35244

4 bd 3 ba 2,324 sqft Built 1995 Lot 6,534 sqft single_family
Most recent sale
$397,500
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $397,500 MLS #1313415
Apr 7, 2022 Price changed $399,000 MLS #1313415
Mar 10, 2022 Listed $429,000 MLS #1313415
May 27, 2009 Sold $240,000 MLS #409423
Feb 13, 2009 Listed $264,500 MLS #409423
Sep 30, 2008 Listing removed $279,900 GreaterAlabamaMLS
May 5, 2008 Listed $279,900 MLS #389664
Jan 3, 1996 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2016 $44,080 $3,200
2015 $43,140 $3,132
2013 $38,980 $2,845
2012 $30,480 $16,000 $46,480 $3,389
2011 $15,530 $8,000 $23,530 $1,660
2010 $15,530 $8,000 $23,530 $1,660
2009 $17,920 $8,000 $25,920 $1,834
2008 $18,430 $8,000 $26,430 $1,871
2007 $18,190 $8,000 $26,190 $1,853

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,324 sqft
Lot size
6,534 sqft
ZIP code
35244
City
Hoover
Street
Paradise Lake Rd
Coordinates
33.36497, -86.82691

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
$3,486
Gross rental yield
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 116 Paradise Lake Rd last sell?
116 Paradise Lake Rd most recently sold on May 26, 2022 for $397,500.
What is the current tax assessment for 116 Paradise Lake Rd?
The most recent total assessment for 116 Paradise Lake Rd (year 2016) is $44,080 with $3,200 in property tax.
How does 116 Paradise Lake Rd's assessment compare to its last sale price?
The current assessment is 88.9% below the last sale price of $397,500.
When was 116 Paradise Lake Rd built?
116 Paradise Lake Rd was built in 1995.
How does 116 Paradise Lake Rd compare to others on Paradise Lake Rd?
We track 7 other properties on Paradise Lake Rd. Browse the list under "Other properties on Paradise Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 116 Paradise Lake Rd?
116 Paradise Lake Rd is a 4 bed, 3 bath, 2,324 sqft, 6,534 sqft lot single_family.
Is 116 Paradise Lake Rd a flip candidate?
No — 116 Paradise Lake Rd does not appear in our flips dataset.
Is 116 Paradise Lake Rd a tax-appeal candidate?
No — 116 Paradise 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
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$809.5K
2026 Q4
$841.4K
ZIP 35244 — Median Price History + Forecast

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