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705 Lake Dr

Valley Grande, AL 36703

3 bd 3 ba 2,376 sqft Built 2008 Lot 137,214 sqft single_family
Most recent sale
$253,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2025 Sold $285,000 GreaterAlabamaMLS
Aug 24, 2025 Listed $296,000 GreaterAlabamaMLS
Aug 2, 2022 Sold $253,000 Public Record
Jun 13, 2022 Listed $265,000 MLS #519105
Jul 14, 2016 Sold $200,000 Public Record
Oct 20, 2015 Listing removed $220,000 Selma
Mar 19, 2015 Listed $235,000 MLS #18934
Dec 31, 2013 Listing removed $237,000 Selma
Jul 12, 2013 Price changed $237,000 MLS #18159
Jul 3, 2013 Relisted $250,000 MLS #18159
Jun 30, 2013 Listing removed $250,000 Selma
Feb 6, 2013 Relisted $250,000 MLS #18159
Jan 31, 2013 Listing removed $250,000 Selma
Jan 5, 2013 Relisted $250,000 MLS #18159
Jan 1, 2013 Listing removed $250,000 Selma
Oct 9, 2012 Listed $250,000 MLS #18159

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $16,320 $2,500 $18,820 $581
2021 $16,320 $2,500 $18,820 $581
2020 $16,320 $2,500 $18,820 $582
2019 $17,760 $2,500 $20,260 $631
2018 $16,220 $2,500 $18,720 $578
2017 $16,220 $2,500 $18,720 $578
2016 $16,220 $2,500 $18,720 $578
2014 $15,280 $2,500 $17,780 $547
2013 $16,820 $2,760 $19,580 $608
2012 $16,820 $2,760 $19,580 $608
2010 $16,420 $2,760 $19,180 $594
2007 $5,360 $5,360 $182

Property facts

Year built
2008
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,376 sqft
Lot size
137,214 sqft
ZIP code
36703
City
Valley Grande
Street
Lake Dr
Coordinates
32.50261, -86.97502

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,518
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Lake Dr last sell?
705 Lake Dr most recently sold on Aug 2, 2022 for $253,000.
What is the current tax assessment for 705 Lake Dr?
The most recent total assessment for 705 Lake Dr (year 2022) is $18,820 with $581 in property tax.
How does 705 Lake Dr's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $253,000.
When was 705 Lake Dr built?
705 Lake Dr was built in 2008.
How does 705 Lake Dr compare to others on Lake Dr?
We track 4 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 705 Lake Dr?
705 Lake Dr is a 3 bed, 3 bath, 2,376 sqft, 137,214 sqft lot single_family.
Is 705 Lake Dr a flip candidate?
No — 705 Lake Dr does not appear in our flips dataset.
Is 705 Lake Dr a tax-appeal candidate?
No — 705 Lake Dr 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
+6.4%
Implied 1-yr
+25.4%
2026 Q3
$149.5K
2026 Q4
$156.3K
ZIP 36703 — Median Price History + Forecast

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