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503 Park Ter

Hoover, AL 35226

4 bd 3 ba 1,950 sqft Built 1976 Lot 34,848 sqft single_family
Most recent sale
$425,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $425,000 MLS #1328449
Oct 27, 1995 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $23,680 $1,666
2019 $23,680 $1,666
2017 $21,220 $1,488
2016 $19,680 $1,376
2015 $19,680 $1,376
2013 $20,000 $1,404
2012 $12,180 $7,805 $19,985 $1,403
2011 $12,410 $8,440 $20,850 $1,466
2010 $12,410 $8,440 $20,850 $1,466
2009 $12,410 $8,440 $20,850 $1,466
2008 $12,760 $8,440 $21,200 $1,491
2007 $12,590 $8,440 $21,030 $1,478

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,950 sqft
Lot size
34,848 sqft
ZIP code
35226
City
Hoover
Street
Park Ter
Coordinates
33.40418, -86.85691

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
$2,925
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 503 Park Ter last sell?
503 Park Ter most recently sold on Jul 18, 2022 for $425,000.
What is the current tax assessment for 503 Park Ter?
The most recent total assessment for 503 Park Ter (year 2020) is $23,680 with $1,666 in property tax.
How does 503 Park Ter's assessment compare to its last sale price?
The current assessment is 94.4% below the last sale price of $425,000.
When was 503 Park Ter built?
503 Park Ter was built in 1976.
How does 503 Park Ter compare to others on Park Ter?
We track 8 other properties on Park Ter. Browse the list under "Other properties on Park Ter" to compare beds, baths, and sale history.
What are the property facts for 503 Park Ter?
503 Park Ter is a 4 bed, 3 bath, 1,950 sqft, 34,848 sqft lot single_family.
Is 503 Park Ter a flip candidate?
No — 503 Park Ter does not appear in our flips dataset.
Is 503 Park Ter a tax-appeal candidate?
No — 503 Park Ter 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$548K
2026 Q4
$559.9K
ZIP 35226 — Median Price History + Forecast

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