BACK ON MARKET - Financing fell through. Don't let it get away from you again! Move in ready 3-bedroom 1 bath home. Central Heat and Air. Refreshed throughout with fresh paint, new flooring throughout the house, kitchen and bathroom. New kitchen countertops and new appliances. Updated bathroom. Low maintenance metal roof. Covered front porch, large flat yard with plenty of parking. Low property taxes great for investment cash flow or as a personal home.
Sold for $87,400
$87,400
505 W Lake Dr, Bessemer, AL 35020
3beds
980sqft
Single Family Residence
Built in 1935
8,276 Square Feet Lot
$74,900 Zestimate®
$89/sqft
$1,070 Estimated rent
Home value
$74,900
$55,000 - $96,000
$1,070/mo
Zestimate® history
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$414/mo
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Zillow last checked:
Listing updated:
Listed by:
Donna Montgomery 205-579-7734,
Red Hills Realty, LLC
Bought with:
Amanda Dabbs
RealtySouth-MB-Crestline
Source: GALMLS,MLS#: 21387995
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom, Bathroom, Kitchen, Living/Dining (ROOM)
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bathroom 1
- Level: First
Kitchen
- Features: Tile Counters
- Level: First
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Electric Oven, Refrigerator, Stove-Electric, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Laundry (ROOM), Yes
Features
- None, Tub/Shower Combo
- Flooring: Laminate
- Basement: Crawl Space
- Attic: None
- Has fireplace: No
Interior area
- Total interior livable area: 980 sqft
- Finished area above ground: 980
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 3800171001018.001
- Special conditions: N/A
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1935
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Bessemer
Location
- Region: Bessemer
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $59,200
- Annual tax amount: $813
- Price range: $92K - $87.4K
- Date on market: 6/6/2024
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2026 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2025 | Sold | $87,400-5%$89/sqft |
Source: Public Record Report a problem | ||
| 8/16/2024 | Sold | $92,000-7.9%$94/sqft |
Source:  GALMLS #21387995 Report a problem | ||
| 7/31/2024 | Pending sale | $99,900$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
| 7/24/2024 | Listed for sale | $99,900$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
| 7/8/2024 | Pending sale | $99,900$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
| 6/28/2024 | Listed for sale | $99,900+299.6%$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
| 6/18/2024 | Sold | $25,000-75%$26/sqft |
Source: Public Record Report a problem | ||
| 6/13/2024 | Contingent | $99,900$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
| 6/6/2024 | Listed for sale | $99,900$102/sqft |
Source: GALMLS #21387995 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $813 | $11,840 |
| 2024 | $813 -24.8% | $11,840 -24.8% |
| 2023 | $1,081 +26.7% | $15,740 +26.7% |
| 2022 | $853 | $12,420 |
| 2021 | $853 | $12,420 |
| 2020 | $853 | $12,420 |
| 2019 | $853 | $12,420 +12.9% |
| 2018 | -- | $11,000 |
| 2017 | $756 -7.9% | $11,000 -7.9% |
| 2016 | $820 | $11,940 |
| 2015 | -- | $11,940 +1.4% |
| 2014 | $820 | $11,780 |
| 2013 | $820 | $11,780 -1.3% |
| 2012 | $820 | $11,940 |
Find assessor info on the county website
Neighborhood: 35020
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Nearby schools
GreatSchools rating
- 3/10Westhills Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Bessemer City Middle SchoolGrades: 6-8Distance: 1.6 mi
- 1/10Bessemer City High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Westhills
- Middle: Bessemer City
- High: Bessemer City
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$74,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$74,900
- Alabama
- Jefferson County
- Bessemer
- 35020
- 505 W Lake Dr
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