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425 Lee Road 283

Salem, AL 36874

3 bd 2 ba 1,990 sqft Built 1974 Lot 128,066 sqft single_family
Most recent sale
$150,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2022 Sold $245,000 EastAlabama
Nov 29, 2022 Listing removed EastAlabama
Nov 2, 2022 Price changed $289,900 EastAlabama
Oct 8, 2022 Listed $300,000 EastAlabama
May 2, 2022 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $16,960 $608
2021 $15,260 $771
2020 $14,440 $743
2019 $14,340 $737
2018 $13,920 $718
2017 $13,020 $742
2016 $12,740 $727
2015 $12,280 $709
2014 $12,280 $706
2013 $12,800 $724
2012 $12,320 $696
2010 $12,700 $684
2009 $12,940 $646

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,990 sqft
Lot size
128,066 sqft
ZIP code
36874
City
Salem
Street
Lee Road 283
Coordinates
32.59960, -85.14063

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 425 Lee Road 283 last sell?
425 Lee Road 283 most recently sold on May 2, 2022 for $150,000.
What is the current tax assessment for 425 Lee Road 283?
The most recent total assessment for 425 Lee Road 283 (year 2022) is $16,960 with $608 in property tax.
How does 425 Lee Road 283's assessment compare to its last sale price?
The current assessment is 88.7% below the last sale price of $150,000.
When was 425 Lee Road 283 built?
425 Lee Road 283 was built in 1974.
How does 425 Lee Road 283 compare to others on Lee Road 283?
We track 8 other properties on Lee Road 283. Browse the list under "Other properties on Lee Road 283" to compare beds, baths, and sale history.
What are the property facts for 425 Lee Road 283?
425 Lee Road 283 is a 3 bed, 2 bath, 1,990 sqft, 128,066 sqft lot single_family.
Is 425 Lee Road 283 a flip candidate?
Yes — 425 Lee Road 283 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 425 Lee Road 283 a tax-appeal candidate?
No — 425 Lee Road 283 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$422.9K
2026 Q4
$426.4K
ZIP 36874 — Median Price History + Forecast

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