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516 Preserve Pkwy

Hoover, AL 35226

3 bd 4 ba 3,107 sqft Built 2022 townhomes
Most recent sale
$535,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2025 Sold $572,500 GreaterAlabamaMLS
Jun 21, 2025 Price changed $575,000 GreaterAlabamaMLS
May 28, 2025 Price changed $599,900 GreaterAlabamaMLS
Mar 30, 2025 Listed $625,000 GreaterAlabamaMLS
Jul 24, 2024 Price changed $625,000 GreaterAlabamaMLS
May 23, 2024 Listed $649,000 GreaterAlabamaMLS
Sep 1, 2022 Listing removed $2,995 GreaterAlabamaMLS
Aug 2, 2022 Price changed for rent $2,995 GreaterAlabamaMLS
Jul 12, 2022 Listed for rent $3,200 GreaterAlabamaMLS
Jun 17, 2022 Sold $535,000 MLS #1322555
Jun 3, 2022 Listed $535,000 MLS #1322555
Jun 1, 2022 Sold $401,345 MLS #885890
Mar 1, 2021 Relisted $359,900 MLS #885890
Feb 15, 2021 Relisted $359,900 MLS #885890
Feb 8, 2021 Relisted $359,900 MLS #885890
Nov 6, 2020 Relisted $359,900 MLS #885890
Oct 29, 2020 Relisted $359,900 MLS #885890
Sep 30, 2020 Relisted $359,900 MLS #885890
Jun 12, 2020 Relisted $359,900 MLS #885890

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,300 $9,822
2024 $135,300 $9,986
2023 $123,020 $8,931
2022 $9,800 $711
2021 $19,600 $1,422

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
3,107 sqft
Lot size
ZIP code
35226
City
Hoover
Street
Preserve Pkwy
Coordinates
33.38300, -86.83622

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,661
Gross rental yield
10.45%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 516 Preserve Pkwy last sell?
516 Preserve Pkwy most recently sold on Jun 17, 2022 for $535,000.
What is the current tax assessment for 516 Preserve Pkwy?
The most recent total assessment for 516 Preserve Pkwy (year 2025) is $135,300 with $9,822 in property tax.
How does 516 Preserve Pkwy's assessment compare to its last sale price?
The current assessment is 74.7% below the last sale price of $535,000.
When was 516 Preserve Pkwy built?
516 Preserve Pkwy was built in 2022.
How does 516 Preserve Pkwy compare to others on Preserve Pkwy?
We track 8 other properties on Preserve Pkwy. Browse the list under "Other properties on Preserve Pkwy" to compare beds, baths, and sale history.
What are the property facts for 516 Preserve Pkwy?
516 Preserve Pkwy is a 3 bed, 4 bath, 3,107 sqft townhomes.
Is 516 Preserve Pkwy a flip candidate?
Yes — 516 Preserve Pkwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Preserve Pkwy a tax-appeal candidate?
No — 516 Preserve Pkwy 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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