$84,900

505 Ray Ln Ashville, AL 35953

Estimated payment $476/month

Total Views 295
2 Beds
1 Bath
1,740 Sq Ft
$49 Price per Sq Ft

Highlights

  • Very Popular Property
  • Attic
  • Laundry Room
  • Covered Deck
  • In-Law or Guest Suite
  • 1-Story Property

About This Home

Investor/Flipper Special – 2 Homes on One Lot! Sold AS-IS, Where-Is – This property is a rare find for investors, flippers, or anyone looking for a private, unrestricted lot with tons of potential. Situated on a beautiful, flat 0.82-acre lot, this property features: 2 Homes: A main home with an open layout that could easily be finished into a 4-bedroom residence, and a second building currently being used as a guest house or additional living space. There is part of the home that was originally a mobile home. Abundant Fruit Trees and wildlife, including frequent visits from deer. Privacy & Space – No restrictions, making it perfect for those seeking flexibility and freedom. This is a flipper’s dream – with the right vision, this could be turned into a fantastic income property or personal retreat. The lot is level, usable, and ready for your improvements.

Listing Agent

Michelle Greene

EXIT Coosa River Realty LLC Listed on: 07/30/2025

EXIT Coosa River Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $131

Year Built

  • Built in 1969

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Schools

  • Ashville Elementary And Middle School
  • Ashville High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Covered Deck
  • 0.82 Acre Lot

Community Details

  • $35 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$131

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21426647?w=PubMLS
  • Living Area: 1740
  • Legal Description: S 210' OF W 210', SW4, SW4; EXC: RD ROW SEC 11, T 14S, R 3E DEED BK 115 PAGE 586
  • List Price per Sq Ft: 48.79
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1969
  • Price Per Sq Ft: 48.79
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Interior Amenities: Handiman Special
  • Fireplace Details: Stone (FIREPL), Gas Logs
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Vinyl, Subflooring
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|DiningRoom1|Kitchen1|FullBath1|Bedroom1|Bedroom1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Microwave Built-In, Refrigerator, Stove-Gas
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer -Gas
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1740

Exterior Features

  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Guest Quarters, Workshop (EXTR)
  • Foundation: Crawl Space
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking

Utilities

  • Heating: Propane Gas, Space Heaters
  • Cooling: Window Units
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1740
  • Internet Service Availability: Yes

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Yes
  • Garbage Fee Amount: 35
  • Garbage Fee Per: Monthly
  • Library Fee: Included

Schools

  • Elementary School: ASHVILLE
  • Middle School: ASHVILLE
  • High School: ASHVILLE

Lot Info

  • Assessor Parcel Number: 12-01-11-0-001-029.000
  • Number Acres: 0.82

Tax Info

  • Tax District: COUNTY

MLS Schools

  • Elementary School: ASHVILLE
  • High School: ASHVILLE
  • Jr Middle School: ASHVILLE

Map

Range of Values:

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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
2024 $131 $11,578 $1,880 $9,698
2023 $131 $11,547 $1,417 $10,130
2022 $131 $5,775 $710 $5,065
2021 $97 $5,773 $708 $5,065
2020 $97 $4,661 $704 $3,957
2019 $97 $4,661 $704 $3,957
2018 $97 $4,680 $0 $0
2017 $93 $4,680 $0 $0
2016 $97 $4,680 $0 $0
2015 $93 $4,620 $0 $0
2014 $93 $4,560 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $84,900 -- $49 / Sq Ft
Source: Greater Alabama MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $58,000 None Listed On Document
Source: Public Records

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    Section Image

Source: Greater Alabama MLS

MLS Number: 21426647

Greater Alabama MLS

APN: 12-01-11-0-001-029.000