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248 Margaret Ln

Lincoln, AL 35096

3 bd 2 ba 2,212 sqft Built 2012 Lot 43,560 sqft mobile
Most recent sale
$325,499
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $325,499 MLS #1314450
Mar 21, 2022 Listed $325,000 MLS #1314450
Oct 1, 2011 Sold $40,000 Public Record
Aug 24, 2011 Sold $88,000 Public Record
Jun 29, 2006 Sold $184,000 MLS #289160
Feb 6, 2006 Listing removed $198,500 GreaterAlabamaMLS
Feb 6, 2006 Listed $189,000 MLS #289160
Aug 17, 2005 Listed $198,500 MLS #274065

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $22,660 $725
2024 $22,660 $725
2023 $22,660 $725
2014 $11,880 $403
2013 $23,760 $403
2010 $13,200 $463
2008 $13,800 $424

Property facts

Year built
2012
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
2,212 sqft
Lot size
43,560 sqft
ZIP code
35096
City
Lincoln
Street
Margaret Ln
Coordinates
33.61783, -86.16143

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,318
Gross rental yield
12.23%
Implied cap rate
7.95%
Trend-extrapolated value

Frequently asked questions

When did 248 Margaret Ln last sell?
248 Margaret Ln most recently sold on May 23, 2022 for $325,499.
What is the current tax assessment for 248 Margaret Ln?
The most recent total assessment for 248 Margaret Ln (year 2025) is $22,660 with $725 in property tax.
How does 248 Margaret Ln's assessment compare to its last sale price?
The current assessment is 93.0% below the last sale price of $325,499.
When was 248 Margaret Ln built?
248 Margaret Ln was built in 2012.
How does 248 Margaret Ln compare to others on Margaret Ln?
We track 8 other properties on Margaret Ln. Browse the list under "Other properties on Margaret Ln" to compare beds, baths, and sale history.
What are the property facts for 248 Margaret Ln?
248 Margaret Ln is a 3 bed, 2 bath, 2,212 sqft, 43,560 sqft lot mobile.
Is 248 Margaret Ln a flip candidate?
No — 248 Margaret Ln does not appear in our flips dataset.
Is 248 Margaret Ln a tax-appeal candidate?
No — 248 Margaret Ln 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
+0.9%
Implied 1-yr
+3.4%
2026 Q3
$279.9K
2026 Q4
$282.2K
ZIP 35096 — Median Price History + Forecast

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