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506 Chestnut Dr

Russellville, AL 35653

5 bd 3 ba 3,505 sqft Built 1979 Lot 41,495 sqft single_family
Most recent sale
$275,000
Aug 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2024 Sold $310,000 StrategicMLSAlliance
May 28, 2024 Price changed $329,900 StrategicMLSAlliance
May 1, 2024 Price changed $349,900 StrategicMLSAlliance
Mar 20, 2024 Listed $364,900 ValleyMLS
Mar 19, 2024 Listed $364,900 StrategicMLSAlliance
Aug 20, 2021 Sold $275,000 StrategicMLSAlliance

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,800 $1,200 $27,000 $1,470
2024 $25,800 $1,200 $27,000 $1,360
2023 $21,900 $1,100 $23,000 $1,303
2022 $20,400 $900 $21,300 $1,206
2021 $18,400 $900 $19,300 $1,034
2020 $18,400 $900 $19,300 $1,034
2019 $18,400 $900 $19,300 $1,034
2018 $18,300 $900 $19,200 $1,029
2017 $17,100 $900 $18,000 $961
2016 $17,100 $900 $18,000 $961
2014 $17,800 $900 $18,700 $1,000
2013 $17,300 $900 $18,200 $972
2012 $17,300 $900 $18,200 $972
2010 $17,300 $900 $18,200 $972
2008 $16,200 $1,000 $17,200 $915
2005 $13,300 $900 $14,200 $746

Property facts

Year built
1979
Property type
single_family
Stories
Beds
5
Baths
3
Living area
3,505 sqft
Lot size
41,495 sqft
ZIP code
35653
City
Russellville
Street
Chestnut Dr
Coordinates
34.50283, -87.73661

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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Chestnut Dr last sell?
506 Chestnut Dr most recently sold on Aug 20, 2021 for $275,000.
What is the current tax assessment for 506 Chestnut Dr?
The most recent total assessment for 506 Chestnut Dr (year 2025) is $27,000 with $1,470 in property tax.
How does 506 Chestnut Dr's assessment compare to its last sale price?
The current assessment is 90.2% below the last sale price of $275,000.
When was 506 Chestnut Dr built?
506 Chestnut Dr was built in 1979.
How does 506 Chestnut Dr compare to others on Chestnut Dr?
We track 7 other properties on Chestnut Dr. Browse the list under "Other properties on Chestnut Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Chestnut Dr?
506 Chestnut Dr is a 5 bed, 3 bath, 3,505 sqft, 41,495 sqft lot single_family.
Is 506 Chestnut Dr a flip candidate?
No — 506 Chestnut Dr does not appear in our flips dataset.
Is 506 Chestnut Dr a tax-appeal candidate?
No — 506 Chestnut Dr 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
+7.2%
Implied 1-yr
+28.9%
2026 Q2
$330.7K
2026 Q3
$347K
ZIP 35653 — Median Price History + Forecast

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