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381 Reed Way

Kimberly, AL 35091

3 bd 2 ba 1,352 sqft Built 2010 Lot 5,663 sqft single_family
Most recent sale
$267,500
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $267,500 MLS #1317665
Apr 20, 2022 Listed $269,900 MLS #1317665
Dec 17, 2020 Sold $252,500 Public Record
Feb 11, 2019 Sold $173,310 Public Record
Dec 7, 2016 Sold $168,900 MLS #761262
Sep 2, 2016 Listed $169,900 MLS #761262
May 5, 2015 Sold $160,102 Public Record
Jun 8, 2011 Listing removed $154,900 GreaterAlabamaMLS
May 8, 2011 Price changed $154,900 MLS #454083
Aug 10, 2010 Price changed $164,900 MLS #454083
Feb 9, 2010 Listed $169,900 MLS #454083

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $22,640 $1,364
2024 $22,640 $1,342
2023 $18,660 $1,115
2022 $18,080 $1,078
2021 $18,200 $1,086
2020 $17,060 $1,014
2019 $17,060 $1,014
2018 $15,140 $894
2017 $14,640 $863
2016 $14,640 $863
2015 $14,640 $863
2013 $14,100 $882
2012 $11,670 $3,000 $14,670 $918
2011 $23,780 $6,000 $29,780 $1,864
2010 $3,000 $3,000 $187
2009 $5,100 $5,100 $319

Property facts

Year built
2010
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,352 sqft
Lot size
5,663 sqft
ZIP code
35091
City
Kimberly
Street
Reed Way
Coordinates
33.78294, -86.80865

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,028
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 381 Reed Way last sell?
381 Reed Way most recently sold on May 27, 2022 for $267,500.
What is the current tax assessment for 381 Reed Way?
The most recent total assessment for 381 Reed Way (year 2025) is $22,640 with $1,364 in property tax.
How does 381 Reed Way's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $267,500.
When was 381 Reed Way built?
381 Reed Way was built in 2010.
How does 381 Reed Way compare to others on Reed Way?
We track 8 other properties on Reed Way. Browse the list under "Other properties on Reed Way" to compare beds, baths, and sale history.
What are the property facts for 381 Reed Way?
381 Reed Way is a 3 bed, 2 bath, 1,352 sqft, 5,663 sqft lot single_family.
Is 381 Reed Way a flip candidate?
Yes — 381 Reed Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 381 Reed Way a tax-appeal candidate?
No — 381 Reed Way 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
-0.7%
Implied 1-yr
-2.6%
2026 Q3
$285.8K
2026 Q4
$283.9K
ZIP 35091 — Median Price History + Forecast

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