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502 2nd St

Reform, AL 35481

3 bd 1 ba 1,435 sqft Built 1950 single_family
Most recent sale
$90,000
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2022 Sold $90,000 MLS #147976
Jan 24, 2022 Listed $89,900 MLS #147976

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $4,800 $400 $5,200 $273
2021 $4,800 $400 $5,200 $274
2020 $4,800 $400 $5,200 $274
2019 $4,800 $400 $5,200 $274
2018 $4,540 $400 $4,940 $260
2017 $4,540 $400 $4,940 $260
2016 $4,540 $400 $4,940 $260
2015 $4,540 $400 $4,940 $260
2014 $4,360 $400 $4,760 $250
2013 $8,560 $400 $8,960 $459
2012 $8,560 $400 $8,960 $443
2008 $9,360 $280 $9,640 $485
2006 $7,560 $320 $7,880 $407
2005 $7,560 $320 $7,880 $407

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,435 sqft
Lot size
ZIP code
35481
City
Reform
Street
2nd St
Coordinates
33.38312, -88.01517

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 2nd St last sell?
502 2nd St most recently sold on Feb 24, 2022 for $90,000.
What is the current tax assessment for 502 2nd St?
The most recent total assessment for 502 2nd St (year 2022) is $5,200 with $273 in property tax.
How does 502 2nd St's assessment compare to its last sale price?
The current assessment is 94.2% below the last sale price of $90,000.
When was 502 2nd St built?
502 2nd St was built in 1950.
How does 502 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 502 2nd St?
502 2nd St is a 3 bed, 1 bath, 1,435 sqft single_family.
Is 502 2nd St a flip candidate?
No — 502 2nd St does not appear in our flips dataset.
Is 502 2nd St a tax-appeal candidate?
No — 502 2nd St 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
+0.0%
Implied 1-yr
+0.2%
2026 Q2
$111.4K
2026 Q3
$111.4K
ZIP 35481 — Median Price History + Forecast

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