512 Drake Loop Winfield, AL 35594
Estimated payment $322/month
Total Views
587
2
Beds
1
Bath
936
Sq Ft
$59
Price per Sq Ft
Highlights
- Hot Property
- No HOA
- Paneling
- Winfield Elementary School Rated A
- Porch
- Window Unit Cooling System
About This Home
Investment Opportunity in the Heart of Winfield!
This charming 2-bedroom, 1-bath home is located within the highly sought-after Winfield City School District-perfect for families, investors, or anyone looking to enjoy small-town living with big potential.
Inside, you'll find a practical layout designed for comfort and functionality. The cozy living spaces are easy to maintain, and the bedrooms offer just the right amount of space for relaxation. Outside, the property features a manageable yard, ideal for tenants or homeowners who prefer low-maintenance living.
Currently being used as a rental, this property presents a fantastic opportunity for investors to step right into a steady income stream or for buyers to make it their own.
Conveniently located near schools, shopping, and local amenities, this home combines affordability with a great location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $275
Year Built
- Built in 1950
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Paneling
- Living Room
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Flooring
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- Septic Tank
Additional Features
- Porch
- Property is in good condition
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 49 24 01 02 0 200 049.000
Map
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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 | $275 | $10,200 | $1,980 | $8,220 |
| 2023 | $275 | $10,200 | $1,980 | $8,220 |
| 2022 | $231 | $8,540 | $1,980 | $6,560 |
| 2021 | $237 | $8,760 | $1,980 | $6,780 |
| 2020 | $179 | $6,620 | $1,980 | $4,640 |
| 2019 | $0 | $3,320 | $1,000 | $2,320 |
| 2018 | $0 | $3,000 | $680 | $2,320 |
| 2017 | $0 | $3,000 | $680 | $2,320 |
| 2016 | $0 | $3,060 | $720 | $2,340 |
| 2015 | -- | $3,060 | $720 | $2,340 |
| 2014 | -- | $3,060 | $720 | $2,340 |
| 2013 | -- | $3,060 | $720 | $2,340 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $55,000 | +243.8% | $59 / Sq Ft |
| 02/13/2020 02/13/20 | Sold | $16,000 | 0.0% | $17 / Sq Ft |
| 01/13/2020 01/13/20 | Pending | -- | -- | -- |
| 09/10/2019 09/10/19 | For Sale | $16,000 | -- | $17 / Sq Ft |
Source: Walker Area Association of REALTORS®
Similar Homes in Winfield, AL
Source: Walker Area Association of REALTORS®
MLS Number: 25-1777
APN: 24-01-02-0-200-049-0000
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