$1,795,000

205 Baker Dr Florence, AL 35630

North Florence Neighborhood

Estimated payment $9,488/month

Total Views 3,417
3 Beds
2 Baths
1,503 Sq Ft
$1,194 Price per Sq Ft

About This Home

Great investment opportunity in Northwest Alabama. 15 single family homes in the Florence and Muscle Shoals area. Gross annual rent $180,432, cap rate 7.5%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/square footage, parcel #, and legal description are listed on an attachment in the document section or Paragon. To view properties a sales agreement contract must be signed with proof of funds received. Contract may be contingent on satisfactory showing. A 48 hour notice is required to tenants before showings, inspections, etc.

Listing Agent

Shane Terry

The Agency on Pine License #000158229 Listed on: 08/07/2025

The Agency on Pine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Home Design

  • 1,503 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2402044004014000

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1503.0
  • Lot Dimensions: see attachment
  • Subdivision Name: N/A
  • PropertySubType: Residential
  • PropertyType: Residential
  • Co List Office Phone: OFC-256-275-4075
  • MLS Status: Active
  • Manufactured_Home_YN: 0
  • Multiple_Level_YN: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No
  • LivingArea: 1503.0
  • Total Bedrooms: 3
  • FireplaceYN: No
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Planned Community Name: None

Schools

  • Middle Or Junior School: City

Lot Info

  • Parcel Number: 2402044004014000

Building Info

  • Year Built: 1963
  • BuildingAreaTotal: 1503.0

Multi Family

MLS Schools

  • Elementary School: City
  • HighSchool: City

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,328 $27,100 $0 $0
2024 $1,328 $25,340 $3,180 $22,160
2023 $1,242 $2,880 $2,880 $0
2022 $1,032 $21,060 $0 $0
2021 $853 $17,400 $0 $0
2020 $752 $15,340 $0 $0
2019 $752 $15,340 $0 $0
2018 $729 $14,880 $0 $0
2017 $711 $14,500 $0 $0
2016 $671 $13,700 $0 $0
2015 $757 $15,440 $0 $0
2014 $723 $14,760 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 For Sale $1,795,000 -- $1,194 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Purchase History

Date Type Sale Price Title Company
Deed $96,407 Attorney Only
Source: Public Records

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 524066

Strategic MLS Alliance (Cullman / Shoals Area)

APN: 24-02-04-4-004-014.000

Alabama Lauderdale County Florence 35630 North Florence

205 Baker Dr, Florence, AL

For Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Shane Terry
Listing Agent
Shane Terry
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The Agency on Pine
(256) 540-8127