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515 Highway 406

Shelby, AL 35143

2 bd 1 ba 550 sqft Built 1978 mobile
Most recent sale
$56,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Listed $125,000 MLS #1325838
Apr 28, 2022 Sold $56,000 MLS #1314188
Apr 17, 2022 Price changed $52,500 MLS #1314188
Apr 5, 2022 Price changed $58,000 MLS #1314188
Apr 2, 2022 Price changed $62,000 MLS #1314188
Mar 18, 2022 Listed $65,000 MLS #1314188
Jan 4, 2022 Sold $55,000 MLS #1300288

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1978
Property type
mobile
Stories
1
Beds
2
Baths
1
Living area
550 sqft
Lot size
ZIP code
35143
City
Shelby
Street
Highway 406
Coordinates
33.10786, -86.49344

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
$336
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 Highway 406 last sell?
515 Highway 406 most recently sold on Apr 28, 2022 for $56,000.
What is the current tax assessment for 515 Highway 406?
No tax-assessment history is recorded for this parcel.
When was 515 Highway 406 built?
515 Highway 406 was built in 1978.
How does 515 Highway 406 compare to others on Highway 406?
We track 6 other properties on Highway 406. Browse the list under "Other properties on Highway 406" to compare beds, baths, and sale history.
What are the property facts for 515 Highway 406?
515 Highway 406 is a 2 bed, 1 bath, 550 sqft mobile.
Is 515 Highway 406 a flip candidate?
No — 515 Highway 406 does not appear in our flips dataset.
Is 515 Highway 406 a tax-appeal candidate?
No — 515 Highway 406 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
+3.0%
Implied 1-yr
+11.9%
2026 Q2
$376.9K
2026 Q3
$386.3K
ZIP 35143 — Median Price History + Forecast

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