Sold for $550,000

$550,000

502 E Tombigbee St, Florence, AL 35630

--beds

--baths

--sqft

Multi Family

Built in 1930

-- sqft lot

$346,100 Zestimate^®

$--/sqft

$1,130 Estimated rent

Home value

$346,100

$284,000 - $408,000

$1,130/mo

Zestimate^® history

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$3,110/mo

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$3,110/mo

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What's special

Amazing investment opportunity in the heart of historic downtown Florence! Ideal location on the corner of Tombigbee and Poplar Ave. Main house, on Tombigbee, has been separated into two, 2 bedroom units. Unit one offers 2 beds, 1 full bath and 1/2 bath off each bedroom. Second unit offers 2 bedrooms, 1 full bath and lovely sunroom. Property offers 2 additional 1 bed/1 bath homes located at 212 & 214 Poplar St. You will find the 5th unit at 212 1/2 Poplar Ave., offering 1 bedroom and 1 bath situated in detached 2 car garage/workshop. Don't miss your chance to own this unique property!

Facts & features

Interior

Heating

Central

Cooling

Central Air

Features

Has basement: No

Property

Parking

Parking features: Driveway, Off Street, On Street
Has uncovered spaces: Yes

Features

Patio & porch: Covered, Front Porch

Lot

Size: 9,147 sqft
Dimensions: 83 x 112

Details

Additional structures: Workshop
Parcel number: 2401113004009.000
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Crawl Space

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Florence
Subdivision: Florence City

Other

Other facts

Price range: $599.5K - $550K

Price history

Date	Event	Price
11/30/2023	Sold	$550,000-8.3%
Source: Strategic MLS Alliance #513006 Report a problem
10/12/2023	Pending sale	$599,500
Source: Strategic MLS Alliance #513006 Report a problem
9/18/2023	Listed for sale	$599,500
Source: Strategic MLS Alliance #513006 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,852 +8.1%	$37,800 +8.1%
2024	$1,713 +11.9%	$34,960 +11.9%
2023	$1,531 +11.2%	$31,240 +11.2%
2022	$1,377 +19.8%	$28,100 +19.8%
2021	$1,150 +13.6%	$23,460 +13.6%
2019	$1,012	$20,660 +26.7%
2018	$1,012 +37.5%	$16,300 +2.8%
2017	$736	$15,860 +5.6%
2016	$736	$15,020 -2.2%
2015	$736 -2.2%	$15,360 -5.8%
2014	$753	$16,300
2013	--	$16,300 +2%
2012	--	$15,980
2011	--	$15,980 +4.6%
2010	--	$15,280
2009	--	$15,280
2008	--	$15,280 +18.4%
2007	--	$12,900 -69.1%
2005	--	$41,800
2004	--	$41,800

Find assessor info on the county website

Neighborhood: 35630

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Nearby schools

GreatSchools rating

5/10
Hibbett School
Grades: K-6Distance: 1.9 mi
9/10
Florence Middle School
Grades: 7-8Distance: 0.4 mi
8/10
Florence High School
Grades: 10-12Distance: 2.2 mi

Schools provided by the listing agent

Elementary: Florence
Middle: Florence
High: Florence

Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.