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506 Lasalle Ave

Muscle Shoals, AL 35661

3 bd 2 ba 1,209 sqft Built 1974 Lot 12,000 sqft single_family
Most recent sale
$140,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2025 Listed for rent $1,500 AppfolioUnits
Apr 28, 2025 Sold $175,000 StrategicMLSAlliance
Jan 29, 2025 Listed $179,900 StrategicMLSAlliance
May 2, 2022 Sold $140,000 Public Record
Apr 29, 2022 Sold $140,000 StrategicMLSAlliance
Mar 23, 2022 Listed $140,000 MLS #504415

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $15,500 $584
2024 $15,500 $544
2023 $13,760 $514

Property facts

Year built
1974
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,209 sqft
Lot size
12,000 sqft
ZIP code
35661
City
Muscle Shoals
Street
Lasalle Ave
Coordinates
34.73265, -87.66971

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Lasalle Ave last sell?
506 Lasalle Ave most recently sold on May 2, 2022 for $140,000.
What is the current tax assessment for 506 Lasalle Ave?
The most recent total assessment for 506 Lasalle Ave (year 2025) is $15,500 with $584 in property tax.
How does 506 Lasalle Ave's assessment compare to its last sale price?
The current assessment is 88.9% below the last sale price of $140,000.
When was 506 Lasalle Ave built?
506 Lasalle Ave was built in 1974.
How does 506 Lasalle Ave compare to others on Lasalle Ave?
We track 8 other properties on Lasalle Ave. Browse the list under "Other properties on Lasalle Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Lasalle Ave?
506 Lasalle Ave is a 3 bed, 2 bath, 1,209 sqft, 12,000 sqft lot single_family.
Is 506 Lasalle Ave a flip candidate?
No — 506 Lasalle Ave does not appear in our flips dataset.
Is 506 Lasalle Ave a tax-appeal candidate?
No — 506 Lasalle Ave 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
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$275.2K
2026 Q4
$275.2K
ZIP 35661 — Median Price History + Forecast

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