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398 Drake Loop

Winfield, AL 35594

2 bd 1 ba 1,256 sqft Built 1945 Lot 30,492 sqft single_family
Most recent sale
$106,400
Mar 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2024 Listing removed Birmingham
Feb 22, 2024 Listed $115,000 Birmingham
Mar 14, 2023 Sold $106,400 StrategicMLSAlliance
Jan 1, 2014 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $12,020 $1,980 $14,000 $497
2021 $12,020 $1,980 $14,000 $497
2020 $10,380 $1,840 $12,220 $433
2019 $10,380 $1,840 $12,220 $433
2018 $10,380 $1,840 $12,220 $433
2017 $10,380 $1,840 $12,220 $433
2016 $10,100 $1,840 $11,940 $388

Property facts

Year built
1945
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,256 sqft
Lot size
30,492 sqft
ZIP code
35594
City
Winfield
Street
Drake Loop
Coordinates
33.94600, -87.77375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$638
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 398 Drake Loop last sell?
398 Drake Loop most recently sold on Mar 14, 2023 for $106,400.
What is the current tax assessment for 398 Drake Loop?
The most recent total assessment for 398 Drake Loop (year 2022) is $14,000 with $497 in property tax.
How does 398 Drake Loop's assessment compare to its last sale price?
The current assessment is 86.8% below the last sale price of $106,400.
When was 398 Drake Loop built?
398 Drake Loop was built in 1945.
How does 398 Drake Loop compare to others on Drake Loop?
We do not currently track other properties on Drake Loop.
What are the property facts for 398 Drake Loop?
398 Drake Loop is a 2 bed, 1 bath, 1,256 sqft, 30,492 sqft lot single_family.
Is 398 Drake Loop a flip candidate?
No — 398 Drake Loop does not appear in our flips dataset.
Is 398 Drake Loop a tax-appeal candidate?
No — 398 Drake Loop 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
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$205.6K
2026 Q4
$211.4K
ZIP 35594 — Median Price History + Forecast

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