Investor special in Alford! This 4-bedroom, 2-bath property at 502 McPherson Dr presents a strong opportunity for buyers looking to add value. Home needs repairs and updates but has solid bones and a functional layout, making it a good fit for a fix-and-flip, rental hold, or BRRRR strategy. Situated on a spacious lot in a quiet area with easy access to Marianna and surrounding markets. Property is being sold as-is, with no repairs or concessions. Don't miss your chance to capitalize on this one!
Sold for $50,000
$50,000
502 McPherson Dr, Alford, FL 32420
4beds
1,568sqft
Single Family Residence
Built in 1970
2 Acres Lot
$48,300 Zestimate®
$32/sqft
$1,545 Estimated rent
Home value
$48,300
Estimated sales range
Not available
$1,545/mo
Zestimate® history
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$271/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steven Koleno 804-656-5007,
Beycome of Florida LLC
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 789709
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Heating
- Central, Electric
Cooling
- Central Air
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Size: 2 Acres
- Dimensions: 429 x 484
Details
- Parcel number: 052N11000000100110
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1970
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Highlands At Compass Lake
HOA
- Has HOA: No
Location
- Region: Alford
Financial & listing details
- Price per square foot: $32/sqft
- Tax assessed value: $100,313
- Annual tax amount: $415
- Date on market: 5/11/2026
- Cumulative days on market: 23 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $50,000-43.8%$32/sqft |
Source:  CPAR #789709 Report a problem | ||
| 5/11/2026 | Listed for sale | $89,000+256%$57/sqft |
Source: CPAR #789709 Report a problem | ||
| 11/1/2022 | Sold | $25,000+25%$16/sqft |
Source: Public Record Report a problem | ||
| 6/29/2016 | Sold | $20,000-28.3%$13/sqft |
Source: CPAR #641086 Report a problem | ||
| 3/31/2016 | Listed for sale | $27,900$18/sqft |
Source: Chipola Realty #641086 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,338 -2.9% | $100,313 -2.7% |
| 2024 | $1,378 +2% | $103,062 +0.3% |
| 2023 | $1,351 +39.4% | $102,784 +42.5% |
| 2022 | $969 +14.6% | $72,150 +10% |
| 2021 | $846 +7.8% | $65,591 +10% |
| 2020 | $784 -5.7% | $59,628 -0.8% |
| 2019 | $832 -2.2% | $60,118 -2.2% |
| 2018 | $851 -1.5% | $61,497 -1.3% |
| 2017 | $864 | $62,337 -1.6% |
| 2016 | $864 +0.2% | $63,368 +4.1% |
| 2015 | $863 +113% | $60,885 +4% |
| 2014 | $405 | $58,517 -1.1% |
| 2013 | -- | $59,175 -2% |
| 2012 | -- | $60,369 -3.3% |
| 2011 | -- | $62,432 -4.6% |
| 2010 | -- | $65,426 -3.2% |
| 2009 | -- | $67,592 |
| 2008 | -- | -- |
| 2007 | -- | $70,147 +20.6% |
| 2006 | -- | $58,158 +2.9% |
| 2005 | -- | $56,536 +0.3% |
| 2004 | -- | $56,393 +132.7% |
| 2003 | -- | $24,230 +0.8% |
| 2002 | -- | $24,034 +7.7% |
| 2001 | -- | $22,306 -0.4% |
| 2000 | -- | $22,401 |
Find assessor info on the county website
Neighborhood: 32420
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Nearby schools
GreatSchools rating
- 4/10Cottondale Elementary SchoolGrades: PK-5Distance: 13.2 mi
- 6/10Cottondale High SchoolGrades: 6-12Distance: 13.2 mi
- Florida
- Jackson County
- Alford
- 32420
- 502 McPherson Dr
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