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2508 Forest Lakes Ln

Shelby, AL 35147

2 bd 2 ba 1,138 sqft Built 2005 single_family
Most recent sale
$215,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 12, 2024 Sold $225,000 GreaterAlabamaMLS
Dec 22, 2023 Listed $230,000 GreaterAlabamaMLS
Jun 30, 2022 Sold $215,000 MLS #1317799
Apr 21, 2022 Listed $215,000 MLS #1317799
Jan 12, 2016 Listing removed $124,900 GreaterAlabamaMLS
Dec 14, 2015 Price changed $124,900 MLS #727382
Aug 26, 2015 Listed $129,900 MLS #727382
Dec 14, 2006 Sold $130,500 Public Record
Sep 8, 2005 Sold $119,275 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $22,620 $833
2024 $22,620 $920
2023 $21,580 $908
2022 $37,820 $1,664
2021 $32,400 $1,425
2020 $28,100 $1,236
2018 $26,100 $1,148
2017 $17,740 $7,600 $25,340 $1,114
2016 $17,080 $7,600 $24,680 $1,085
2015 $16,920 $7,600 $24,520 $1,078
2013 $16,420 $7,600 $24,020 $1,056
2012 $16,420 $7,600 $24,020 $1,056
2011 $16,580 $9,500 $26,080 $1,147
2010 $16,920 $9,500 $26,420 $1,162
2009 $17,080 $9,500 $26,580 $1,169
2008 $17,820 $9,500 $27,320 $1,202
2007 $8,920 $4,250 $13,170 $579

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,138 sqft
Lot size
ZIP code
35147
City
Shelby
Street
Forest Lakes Ln
Coordinates
33.37407, -86.62794

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,707
Gross rental yield
9.53%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 2508 Forest Lakes Ln last sell?
2508 Forest Lakes Ln most recently sold on Jun 30, 2022 for $215,000.
What is the current tax assessment for 2508 Forest Lakes Ln?
The most recent total assessment for 2508 Forest Lakes Ln (year 2025) is $22,620 with $833 in property tax.
How does 2508 Forest Lakes Ln's assessment compare to its last sale price?
The current assessment is 89.5% below the last sale price of $215,000.
When was 2508 Forest Lakes Ln built?
2508 Forest Lakes Ln was built in 2005.
How does 2508 Forest Lakes Ln compare to others on Forest Lakes Ln?
We do not currently track other properties on Forest Lakes Ln.
What are the property facts for 2508 Forest Lakes Ln?
2508 Forest Lakes Ln is a 2 bed, 2 bath, 1,138 sqft single_family.
Is 2508 Forest Lakes Ln a flip candidate?
No — 2508 Forest Lakes Ln does not appear in our flips dataset.
Is 2508 Forest Lakes Ln a tax-appeal candidate?
No — 2508 Forest Lakes Ln 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
+5.9%
Implied 1-yr
+23.6%
2026 Q3
$645.3K
2026 Q4
$672.8K
ZIP 35147 — Median Price History + Forecast

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