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311 Mills Way

Pelham, AL 35124

3 bd 2 ba 1,420 sqft Built 2002 Lot 5,663 sqft single_family
Most recent sale
$254,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $254,500 MLS #1330171
Aug 5, 2022 Listed $254,000 MLS #1330171
Jul 3, 2014 Listing removed $1,195 Appfolio
May 26, 2014 Listing removed $1,195 GreaterAlabamaMLS
Apr 4, 2014 Listed for rent $1,195 Appfolio
Apr 2, 2014 Listed for rent $1,195 GreaterAlabamaMLS
May 14, 2013 Listing removed $1,150 GreaterAlabamaMLS
Apr 2, 2013 Listed for rent $1,150 GreaterAlabamaMLS
Mar 21, 2013 Listing removed $1,150 GreaterAlabamaMLS
Mar 19, 2013 Listed for rent $1,150 GreaterAlabamaMLS
Aug 31, 2002 Listing removed $116,000 GreaterAlabamaMLS
Dec 6, 2001 Listed $116,000 MLS #18644

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $34,420 $1,996
2020 $29,480 $1,710
2019 $28,980 $1,681
2018 $28,180 $1,634
2017 $19,740 $7,600 $27,340 $1,586
2016 $19,000 $7,600 $26,600 $1,543
2015 $18,820 $7,600 $26,420 $1,532
2013 $18,460 $7,600 $26,060 $1,511
2012 $18,460 $7,600 $26,060 $1,511
2011 $19,200 $7,600 $26,800 $1,554
2010 $19,580 $7,600 $27,180 $1,576
2009 $10,450 $3,800 $14,250 $786
2008 $10,450 $3,000 $13,450 $740
2007 $9,960 $3,000 $12,960 $711

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,420 sqft
Lot size
5,663 sqft
ZIP code
35124
City
Pelham
Street
Mills Way
Coordinates
33.27279, -86.81750

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
$2,130
Gross rental yield
10.04%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 311 Mills Way last sell?
311 Mills Way most recently sold on Sep 30, 2022 for $254,500.
What is the current tax assessment for 311 Mills Way?
The most recent total assessment for 311 Mills Way (year 2021) is $34,420 with $1,996 in property tax.
How does 311 Mills Way's assessment compare to its last sale price?
The current assessment is 86.5% below the last sale price of $254,500.
When was 311 Mills Way built?
311 Mills Way was built in 2002.
How does 311 Mills Way compare to others on Mills Way?
We track 8 other properties on Mills Way. Browse the list under "Other properties on Mills Way" to compare beds, baths, and sale history.
What are the property facts for 311 Mills Way?
311 Mills Way is a 3 bed, 2 bath, 1,420 sqft, 5,663 sqft lot single_family.
Is 311 Mills Way a flip candidate?
No — 311 Mills Way does not appear in our flips dataset.
Is 311 Mills Way a tax-appeal candidate?
No — 311 Mills 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
-1.9%
Implied 1-yr
-7.7%
2026 Q3
$372.8K
2026 Q4
$364.6K
ZIP 35124 — Median Price History + Forecast

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