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740 Ridge Way Cir

Hoover, AL 35226

3 bd 3 ba 2,243 sqft Built 1993 Lot 9,148 sqft single_family
Most recent sale
$305,000
Aug 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Sold $370,000 GreaterAlabamaMLS
Apr 18, 2024 Listed $379,900 Birmingham
Aug 6, 2021 Sold $305,000 Birmingham
May 27, 2016 Sold $221,950 Birmingham
Apr 11, 2016 Price changed $227,900 Birmingham
Apr 1, 2016 Listed $232,900 Birmingham
Sep 20, 2005 Sold $201,000 Public Record
Jan 6, 1998 Sold $161,900 Public Record
Aug 30, 1993 Sold $144,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $26,700 $1,938
2021 $24,080 $1,695
2020 $23,160 $1,628
2019 $22,500 $1,580
2018 $23,280 $1,637
2017 $22,500 $1,580
2016 $19,920 $1,393
2015 $19,440 $1,358
2013 $20,080 $1,409
2012 $15,870 $4,200 $20,070 $1,409
2011 $16,180 $4,200 $20,380 $1,431
2010 $16,180 $4,200 $20,380 $1,431
2009 $16,180 $4,200 $20,380 $1,431
2008 $16,630 $4,200 $20,830 $1,464
2007 $16,470 $4,200 $20,670 $1,452

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,243 sqft
Lot size
9,148 sqft
ZIP code
35226
City
Hoover
Street
Ridge Way Cir
Coordinates
33.37280, -86.85592

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
$3,365
Gross rental yield
13.24%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 740 Ridge Way Cir last sell?
740 Ridge Way Cir most recently sold on Aug 6, 2021 for $305,000.
What is the current tax assessment for 740 Ridge Way Cir?
The most recent total assessment for 740 Ridge Way Cir (year 2022) is $26,700 with $1,938 in property tax.
How does 740 Ridge Way Cir's assessment compare to its last sale price?
The current assessment is 91.2% below the last sale price of $305,000.
When was 740 Ridge Way Cir built?
740 Ridge Way Cir was built in 1993.
How does 740 Ridge Way Cir compare to others on Ridge Way Cir?
We track 8 other properties on Ridge Way Cir. Browse the list under "Other properties on Ridge Way Cir" to compare beds, baths, and sale history.
What are the property facts for 740 Ridge Way Cir?
740 Ridge Way Cir is a 3 bed, 3 bath, 2,243 sqft, 9,148 sqft lot single_family.
Is 740 Ridge Way Cir a flip candidate?
No — 740 Ridge Way Cir does not appear in our flips dataset.
Is 740 Ridge Way Cir a tax-appeal candidate?
No — 740 Ridge Way Cir 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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