Sold for $105,000

$105,000

507 N 16th St, Lanett, AL 36863

3beds

1,090sqft

Single Family Residence

Built in 1980

10,640 Acres Lot

$105,100 Zestimate^®

$96/sqft

$1,249 Estimated rent

Home value

$105,100

Estimated sales range

Not available

$1,249/mo

Zestimate^® history

Owner options

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$1,249/mo

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$1,249/mo

Rent Zestimate^®

Refinance and save

$477/mo

Est. payment

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$477/mo

Est. payment

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What's special

Great Investment Opportunity – Tenant-Occupied & Cash Flowing! Welcome to this well-maintained income-producing property, perfect for investors! This home is tenant-occupied with reliable tenants who pay on time, providing immediate rental income from day one. The interior is very clean and well cared for, and the home features a new roof installed in 2017, adding long-term value and peace of mind. This property has a strong rental history and generates positive cash flow, making it an excellent addition to any investment portfolio. Priced to sell—don’t miss this opportunity to own a solid rental property with steady income potential!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom, Den/Family (ROOM), Kitchen

Bedroom 1

Level: First

Bedroom 2

Level: First

Bedroom 3

Level: First

Family room

Level: First

Kitchen

Level: First

Basement

Area: 0

Heating

Central

Cooling

Central Air

Appliances

Included: None, Electric Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Other, Yes

Features

None, Soaking Tub
Flooring: Carpet
Attic: None
Has fireplace: No

Interior area

Total interior livable area: 1,090 sqft
Finished area above ground: 1,090
Finished area below ground: 0

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: None
Pool features: None
Has view: Yes
View description: None
Waterfront features: No

Lot

Size: 10,640 Acres

Details

Parcel number: 121006243007016.000
Special conditions: As Is

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick
Foundation: Slab

Condition

Year built: 1980

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: A P Lee

Location

Region: Lanett

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $71,640
Annual tax amount: $377
Price range: $105K - $105K
Date on market: 5/13/2026

Price history

Date	Event	Price
6/26/2026	Sold	$105,000+16.7%$96/sqft
Source: GALMLS #21452775 Report a problem
5/13/2026	Listed for sale	$90,000$83/sqft
Source: GALMLS #21452775 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$377 +0.3%	$7,180 +0.3%
2024	$376	$7,160
2023	$376	$7,160
2022	$376 +18.5%	$7,160 +18.5%
2021	$317 +7.9%	$6,040 +7.9%
2020	$294	$5,600
2019	$294	$5,600
2018	$294	$5,600 +18.1%
2017	$294 +18.1%	$4,740
2016	$249	$4,740
2015	$249	$4,740
2014	$249 +8.2%	$4,740
2013	$230 -4.8%	$4,740 -4.8%
2011	$242	$4,980
2010	$242	$4,980
2009	$242	$4,980