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DeKalb 35967
131 County Rd 258
$140,000
● House - Off Market

131 County Rd 258

Fort Payne, AL 35967
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,036 Ft²
$754
Est. Monthly
8.85%
Cap Rate

About This Property

Located on Lookout Mountain and near the Canyon....this 2 bedroom 1.5 Bath home offers an open concept in the living room / dining area with hardwood floors. Generous size owner's suite with private bathroom. Laundry room with a half bath. The back deck overlooks a large privacy fenced back yard with a Storm shelter. Metal Roof. The attached carport includes a storage/workshop area that the seller has started enclosing. Pasture view across the street. You need to schedule an appointment to see this home TODAY!
Unit Size
1,036 Ft²
Days on Market
81 days
Land Size
0.65 acres
Price per sqft
$135
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (GAMLS #10442336)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Feb 26, 2025 In contract -
In contract
Feb 7, 2025 Price Decreased $140,000
↓ $10K (6.7%)
Price Decreased
Jan 17, 2025 Listed by Elite Group Georgia $150,000
Listed by Elite Group Georgia
Sep 15, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: S25 T7S R9E CONT 0.65 AC PT OF NE SE DESC AS: BEG 44.1' SE & 80' SOUTH OF NW COR OF 1/4 1/4 TH: SE 243' SE 29.5' SW 285.55' N

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 961000

Geography

  • Account Number: 139054
  • District: COUNTY
  • Parcel: 23-07-25-0-000-041.012
  • Meridian: SEC 25 TWN 07S RNG 09E
  • Municipality: COUNTY
  • Latitude: 34.3987
  • Longitude: -85.6391

    Address

  • Full Address: 131 County Road 258
  • Address - House Number: 131
  • Address - Street Name: County Road 258
  • State: AL
  • City Name: Fort Payne
  • Carrier Code: R004
  • 4-Digit Zip Code: 7019
  • Zip Code: 35967

Valuation

    Tax

  • Total Area: 1,336
  • Tax Year: 2023
  • Tax Amount: $28,083

    Appraisal Valuation

  • Standard Deviation: 0.1162
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 87
  • Final Value: 123,154
  • High Value: 137,474
  • Low Value: 108,835

    Market Valuation

  • Market Total Value: $94,520
  • Market Land Value: $4,320
  • Market Improvement Value: $90,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2010
  • Current Sale Recording Date: Aug 30, 2010
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3025275
  • Previous Sale Recording Date: Sep 15, 2008
  • Previous Sale Contract Date: Sep 12, 2008
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About DeKalb

Stats & Trends

Median Asking:

$169,900

Sale Price/ft²

$123

Below Asking

0.03%

Average Days on Market

57

Average Home Size

3048 ft²

Average Home Age

30 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GAMLS

Listed by: Amber Matthews, Elite Group Georgia
Last Updated: 10 months ago
Data Source: GAMLS, MLS# 10442336
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 131 County Rd 258 built and last sold?
The property at 131 County Rd 258 was built in 1955 and last sold on Aug 16, 2010 for $0.
How much is this home worth?
The estimated value of the home located at 131 County Rd 258 is $0.
What are some comparable homes to 131 County Rd 258?
There are currently no comparable homes to 131 County Rd 258.
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