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197 Heritage Trace Pkwy

Montevallo, AL 35115

4 bd 3 ba 2,618 sqft Built 2022 single_family
Most recent sale
$326,900
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $326,900 MLS #1314391
Mar 21, 2022 Listed $326,900 MLS #1314391
Nov 23, 2021 Sold $225,000 Public Record
Jun 24, 2021 Sold $129,264 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,400 $2,121
2024 $42,400 $2,092
2023 $35,300 $1,759
2022 $7,440 $379
2021 $6,820 $347
2020 $6,820 $347
2018 $5,680 $289
2017 $5,680 $289
2016 $5,662 $5,662 $289
2015 $5,662 $5,662 $289
2013 $5,662 $5,662 $289
2012 $5,662 $5,662 $289
2010 $6,398 $6,398 $326
2009 $7,568 $7,568 $386
2008 $9,000 $9,000 $459

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,618 sqft
Lot size
ZIP code
35115
City
Montevallo
Street
Heritage Trace Pkwy
Coordinates
33.13889, -86.81880

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
$1,961
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 197 Heritage Trace Pkwy last sell?
197 Heritage Trace Pkwy most recently sold on Sep 1, 2022 for $326,900.
What is the current tax assessment for 197 Heritage Trace Pkwy?
The most recent total assessment for 197 Heritage Trace Pkwy (year 2025) is $42,400 with $2,121 in property tax.
How does 197 Heritage Trace Pkwy's assessment compare to its last sale price?
The current assessment is 87.0% below the last sale price of $326,900.
When was 197 Heritage Trace Pkwy built?
197 Heritage Trace Pkwy was built in 2022.
How does 197 Heritage Trace Pkwy compare to others on Heritage Trace Pkwy?
We track 8 other properties on Heritage Trace Pkwy. Browse the list under "Other properties on Heritage Trace Pkwy" to compare beds, baths, and sale history.
What are the property facts for 197 Heritage Trace Pkwy?
197 Heritage Trace Pkwy is a 4 bed, 3 bath, 2,618 sqft single_family.
Is 197 Heritage Trace Pkwy a flip candidate?
Yes — 197 Heritage Trace Pkwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 197 Heritage Trace Pkwy a tax-appeal candidate?
No — 197 Heritage Trace 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
-0.6%
Implied 1-yr
-2.6%
2026 Q3
$249.5K
2026 Q4
$247.9K
ZIP 35115 — Median Price History + Forecast

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