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514 Merrimac Pl

Selma, AL 36701

3 bd 2 ba 1,593 sqft Built 1968 Lot 20,038 sqft single_family
Most recent sale
$130,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $130,000 Montgomery
Aug 5, 2022 Sold $130,000 Public Record
May 24, 2022 Listed $132,000 MLS #517366
Apr 9, 2022 Listed $130,000 MLS #514309
Mar 4, 2016 Sold $94,500 Public Record
Jan 22, 2016 Listing removed $99,500 Selma
Jan 12, 2016 Listed $99,500 MLS #19171

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $7,860 $1,000 $8,860 $458
2021 $7,860 $1,000 $8,860 $219
2020 $7,860 $1,000 $8,860 $219
2019 $7,860 $1,000 $8,860 $219
2018 $6,840 $1,000 $7,840 $188
2017 $6,840 $1,000 $7,840 $188
2016 $6,840 $1,000 $7,840 $163
2014 $6,460 $1,000 $7,460 $154
2013 $6,460 $1,000 $7,460 $154
2012 $6,460 $1,000 $7,460 $154
2010 $6,380 $1,000 $7,380 $152
2007 $6,380 $1,000 $7,380 $152

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,593 sqft
Lot size
20,038 sqft
ZIP code
36701
City
Selma
Street
Merrimac Pl
Coordinates
32.42958, -87.04932

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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 514 Merrimac Pl last sell?
514 Merrimac Pl most recently sold on Aug 5, 2022 for $130,000.
What is the current tax assessment for 514 Merrimac Pl?
The most recent total assessment for 514 Merrimac Pl (year 2022) is $8,860 with $458 in property tax.
How does 514 Merrimac Pl's assessment compare to its last sale price?
The current assessment is 93.2% below the last sale price of $130,000.
When was 514 Merrimac Pl built?
514 Merrimac Pl was built in 1968.
How does 514 Merrimac Pl compare to others on Merrimac Pl?
We track 6 other properties on Merrimac Pl. Browse the list under "Other properties on Merrimac Pl" to compare beds, baths, and sale history.
What are the property facts for 514 Merrimac Pl?
514 Merrimac Pl is a 3 bed, 2 bath, 1,593 sqft, 20,038 sqft lot single_family.
Is 514 Merrimac Pl a flip candidate?
No — 514 Merrimac Pl does not appear in our flips dataset.
Is 514 Merrimac Pl a tax-appeal candidate?
No — 514 Merrimac Pl 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
-0.5%
Implied 1-yr
-2.0%
2026 Q3
$136.2K
2026 Q4
$135.5K
ZIP 36701 — Median Price History + Forecast

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