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307 Monroe Ave

Muscle Shoals, AL 35661

3 bd 2 ba 1,300 sqft Built 2011 Lot 7,841 sqft single_family
Most recent sale
$178,000
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2025 Listed for rent $1,395 RentalSource
Aug 27, 2025 Listed for rent $1,395 RentEngine
Jun 21, 2024 Listed for rent $1,395 TenantTurner
May 29, 2024 Price changed for rent $1,495 TenantTurner
May 2, 2024 Price changed for rent $1,595 TenantTurner
Mar 27, 2024 Listed for rent $1,695 TenantTurner
Jan 31, 2023 Listing removed TenantTurner
Jan 25, 2023 Listing removed Zumper
Jan 12, 2023 Listed for rent $1,595 Zumper
Jan 5, 2023 Listing removed Zumper
Dec 29, 2022 Listed for rent $1,595 Zumper
Dec 9, 2022 Sold $178,000 StrategicMLSAlliance
Aug 18, 2015 Sold $98,000 Public Record
Jul 10, 2015 Listing removed $125,500 StrategicMLSAlliance
May 26, 2015 Price changed $125,500 StrategicMLSAlliance
Aug 19, 2014 Listed $128,000 StrategicMLSAlliance

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $13,600 $507
2021 $12,480 $462
2020 $11,820 $435
2019 $11,240 $412
2018 $11,240 $412
2017 $10,020 $362
2014 $9,880 $357
2013 $2,420 $98
2010 $2,420 $98
2009 $2,400 $97
2008 $2,400 $97

Property facts

Year built
2011
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
7,841 sqft
ZIP code
35661
City
Muscle Shoals
Street
Monroe Ave
Coordinates
34.73406, -87.63094

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
$1,950
Gross rental yield
13.15%
Implied cap rate
8.54%
Trend-extrapolated value

Frequently asked questions

When did 307 Monroe Ave last sell?
307 Monroe Ave most recently sold on Dec 9, 2022 for $178,000.
What is the current tax assessment for 307 Monroe Ave?
The most recent total assessment for 307 Monroe Ave (year 2022) is $13,600 with $507 in property tax.
How does 307 Monroe Ave's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $178,000.
When was 307 Monroe Ave built?
307 Monroe Ave was built in 2011.
How does 307 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 307 Monroe Ave?
307 Monroe Ave is a 3 bed, 2 bath, 1,300 sqft, 7,841 sqft lot single_family.
Is 307 Monroe Ave a flip candidate?
No — 307 Monroe Ave does not appear in our flips dataset.
Is 307 Monroe Ave a tax-appeal candidate?
No — 307 Monroe 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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