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Chambers 36854
1365 County Road 388
$232,000
● House - Off Market

1365 County Road 388

Valley, AL 36854
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$241,340
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Country living on miniature farm, your dream come true is here!! ...6 plus acres makes up this horse farm with wired barn, storage building, and storage shed. Enjoy the outdoors & entertaining friends/family under the large covered deck. Spacious and move-in ready for new owners with large den w/fireplace. Come on home to country living but conveniently located to Valley/Opelika and minutes from interstate. Don't wait ... get in to see this one before it's too late!
Unit Size
2,200 Ft²
Days on Market
39 days
Land Size
6.00 acres
Price per sqft
$110
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 8 months ago (GAMLS #20125157)

Price History

Date / Event Date Event Price
Jul 12, 2023 Sold
Premium
Sold
May 29, 2023 Listed by Turner & Associates Realty, Inc. $242,000
Listed by Turner & Associates Realty, Inc.
Dec 7, 2022 Sold
Premium
Sold
Nov 15, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 768
  • Parking Space Count: 14
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,248,842
  • Total Building Area: 1,945
  • Building Area: 1,945
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,945
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000097540
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: BEG 708'(S) S OF NW COR OF E1/2 OF NW1/4, RUN E'LY406.6', NW'LY575.25', N'LY103.75' TO COUNTY ROAD 388. E'LY ALONG ROAD 465'(

Neighborhood

  • School District Name: Chambers County School District
  • School Tax School District: COUNTY
  • Census Tract: 954700

Geography

  • Account Number: 438120
  • District: 01
  • Parcel: 12-20-01-02-0-001-001.000
  • Meridian: SEC 02 TWN 20 RNG 28
  • Municipality: COUNTY
  • Latitude: 32.7595
  • Longitude: -85.2089

    Address

  • Full Address: 1365 County Road 388
  • Address - House Number: 1365
  • Address - Street Name: County Road 388
  • State: AL
  • City Name: Valley
  • Carrier Code: R003
  • 4-Digit Zip Code: 8103
  • Zip Code: 36854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,533
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 241,177
  • High Value: 283,073
  • Low Value: 199,281

    Market Valuation

  • Market Total Value: $289,750
  • Market Land Value: $270,290
  • Market Improvement Value: $19,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,020
  • Assessed Land Value: $7,120
  • Assessed Improvements Value: $3,900

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3160
  • Previous Sale Recording Date: Dec 07, 2022
  • Previous Sale Contract Date: Dec 02, 2022
  • Previous Sale Amount: $415,000
  • 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 Chambers

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1930 ft²

Average Home Age

55.8 years

Currently For Sale

60 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: Kim Morris, Turner & Associates Realty, Inc.
Last Updated: 8 months ago
Data Source: GAMLS, MLS# 20125157
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 1365 County Rd 388 built and last sold?
The property at 1365 County Rd 388 was built in 1950 and last sold on Jul 7, 2023 for $232,000.
How much is this home worth?
The estimated value of the home located at 1365 County Rd 388 is $246,247.
What are some comparable homes to 1365 County Rd 388?
There are currently no comparable homes to 1365 County Rd 388.
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