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2407 Lake Terrace Rd

Sylacauga, AL 35150

3 bd 2 ba 1,650 sqft Built 1958 Lot 27,443 sqft single_family
Most recent sale
$180,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $180,000 MLS #1304507
Nov 23, 2021 Listed $184,500 MLS #1304507

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $12,400 $581
2019 $12,400 $581
2018 $11,360 $529
2017 $11,360 $529
2014 $11,420 $532
2013 $11,420 $532
2010 $24,100 $529
2008 $22,700 $1,146

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,650 sqft
Lot size
27,443 sqft
ZIP code
35150
City
Sylacauga
Street
Lake Terrace Rd
Coordinates
33.19937, -86.23917

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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2407 Lake Terrace Rd last sell?
2407 Lake Terrace Rd most recently sold on Feb 25, 2022 for $180,000.
What is the current tax assessment for 2407 Lake Terrace Rd?
The most recent total assessment for 2407 Lake Terrace Rd (year 2020) is $12,400 with $581 in property tax.
How does 2407 Lake Terrace Rd's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $180,000.
When was 2407 Lake Terrace Rd built?
2407 Lake Terrace Rd was built in 1958.
How does 2407 Lake Terrace Rd compare to others on Lake Terrace Rd?
We track 8 other properties on Lake Terrace Rd. Browse the list under "Other properties on Lake Terrace Rd" to compare beds, baths, and sale history.
What are the property facts for 2407 Lake Terrace Rd?
2407 Lake Terrace Rd is a 3 bed, 2 bath, 1,650 sqft, 27,443 sqft lot single_family.
Is 2407 Lake Terrace Rd a flip candidate?
No — 2407 Lake Terrace Rd does not appear in our flips dataset.
Is 2407 Lake Terrace Rd a tax-appeal candidate?
No — 2407 Lake Terrace Rd 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$199K
2026 Q4
$204.3K
ZIP 35150 — Median Price History + Forecast

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