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240 Mimi Ln

Toney, AL 35773

4 bd 4 ba 3,400 sqft Built 1988 Lot 131,551 sqft single_family
Most recent sale
$550,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $550,000 Public Record
Apr 25, 2022 Sold $550,000 ValleyMLS
Apr 22, 2022 Listed $550,000 MLS #1805811

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $56,480 $1,997
2022 $26,860 $920
2021 $25,200 $859
2020 $23,700 $805
2019 $22,960 $778
2018 $21,060 $710
2017 $21,060 $710
2016 $21,060 $710
2015 $21,060 $710
2014 $20,960 $707
2013 $20,960 $707
2012 $11,560 $364
2011 $11,560 $36,404
2010 $11,620 $366
2009 $11,620 $366
2008 $11,620 $366

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,400 sqft
Lot size
131,551 sqft
ZIP code
35773
City
Toney
Street
Mimi Ln
Coordinates
34.88554, -86.62770

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
$5,100
Gross rental yield
11.13%
Implied cap rate
7.23%
Trend-extrapolated value

Frequently asked questions

When did 240 Mimi Ln last sell?
240 Mimi Ln most recently sold on May 31, 2022 for $550,000.
What is the current tax assessment for 240 Mimi Ln?
The most recent total assessment for 240 Mimi Ln (year 2024) is $56,480 with $1,997 in property tax.
How does 240 Mimi Ln's assessment compare to its last sale price?
The current assessment is 89.7% below the last sale price of $550,000.
When was 240 Mimi Ln built?
240 Mimi Ln was built in 1988.
How does 240 Mimi Ln compare to others on Mimi Ln?
We track 6 other properties on Mimi Ln. Browse the list under "Other properties on Mimi Ln" to compare beds, baths, and sale history.
What are the property facts for 240 Mimi Ln?
240 Mimi Ln is a 4 bed, 4 bath, 3,400 sqft, 131,551 sqft lot single_family.
Is 240 Mimi Ln a flip candidate?
No — 240 Mimi Ln does not appear in our flips dataset.
Is 240 Mimi Ln a tax-appeal candidate?
No — 240 Mimi 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
+14.1%
Implied 1-yr
+56.3%
2026 Q3
$1.61M
2026 Q4
$1.73M
ZIP 35773 — Median Price History + Forecast

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