
505 Ray Ln Ashville, AL 35953
Estimated payment $476/month
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.
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
- Visit Down Payment Resource Website
- Assessor Parcel Number 12-01-11-0-001-029.000
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $84,900 | -- | $49 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $58,000 | None Listed On Document |
Similar Home in Ashville, AL
Source: Greater Alabama MLS
MLS Number: 21426647

APN: 12-01-11-0-001-029.000
- 0 Shore Dr Unit 21398219
- 2523 Shore Dr
- 000 Shore Dr Unit 420, 421, 422
- 1254 Shore Dr
- 51 Taft Rd
- LOT 773 Taft Rd Unit 773
- 4280 Shore Dr Unit 88 89
- 000 Springhollow Dr Unit 11
- 0009 Springhollow Dr Unit 9
- 00007 Springhollow Dr Unit 7
- 0 Highway 231 Unit Tract - 27+/- Ac
- 0 Highway 231 Unit 19539244
- 515 Hoyt Hill Rd
- 0 County Road 26 Unit 21425600
- 8900 Saint Clair County Road 31
- 121 Mitchell Rd
- 0 Us Hwy 231 Unit 21398012
- 90 Oak St
- 7916 County Road 31
- 0 Stone Ridge Dr Unit Lot 3 1304198
- 690 Clover Cir
- 355 Farmhouse Ln N
- 356 Farmhouse Ln N
- 880 Clover Cir
- 950 Clover Cir
- 484 Clover Cir
- 55 Homestead Ln
- 55 Farmhouse Ln N
- 250 Smith Glen Dr
- 185 Smith Glen Dr
- 7082 U S 11
- 642 Coosa Rd
- 337 Grove St
- 337 Grove St
- 840 Rustling Rd
- 1340 Archers CV Way
- 1340 Archers Cove Way
- 191 Lee St
- 603 Hudson Ave
- 215 Morning Mist Ln