NOT LISTED FOR SALE

550 Lee Road 640 Salem, AL 36874

Estimated Value: $374,000 - $630,000

-- Bed
-- Bath
2,242 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 550 Lee Road 640, Salem, AL 36874 and is currently estimated at $508,972, approximately $227 per square foot. 550 Lee Road 640 is a home located in Lee County with nearby schools including Wacoochee Elementary School, Smiths Station Junior High School, and Smith Station Freshman Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2014
Sold by
Todd Todd and Sims Amy
Bought by
Clay Michael and Clay Corena M
Current Estimated Value
$508,972

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bama Vols Investments Llc
Bought by
Smis Todd and Sims Amy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Purchase History

Date Buyer Sale Price Title Company
Clay Michael $315,000 --
Smis Todd -- --
Source: Public Records

Tax History Compared to Growth

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 $1,446 $42,500 $9,030 $33,470
2023 $1,446 $37,919 $8,435 $29,484
2022 $1,102 $32,883 $7,465 $25,418
2021 $1,254 $31,409 $7,495 $23,914
2020 $1,183 $29,716 $7,495 $22,221
2019 $1,171 $29,504 $7,495 $22,009
2018 $1,133 $22,440 $0 $0
2015 $995 $19,220 $0 $0
2014 $992 $19,220 $0 $0
Source: Public Records

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