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Valley 36854
515 Bailey Street
$134,500
● House - Off Market

515 Bailey Street

Valley, AL 36854
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$735
Est. Monthly
8.17%
Cap Rate

About This Property

Cute has an address of 515 Bailey St Valley, AL!  Charming 2BR/1BA home in the Fairfax Mill Village has so much to offer! Home features spacious bedrooms with hardwood floors. The living room also has hardwood floors and an open concept feel to the kitchen area.  The kitchen boasts ceramic tile floors and appliances to remain.  The bath was recently updated with a new tub and vanity. Roof was replaced in 2025.  HVAC unit was replaced in 2023.  Outside features a rocking chair front porch, carport, fenced yard, and outbuilding.  This home would be perfect for 1st time home buyer or downsizer.  Call today to schedule your showing!
Unit Size
1,064 Ft²
Days on Market
17 days
Land Size
0.16 acres
Price per sqft
$129
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
1923

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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: 9 months ago (GAMLS #10555254)

Price History

Date / Event Date Event Price
Jul 18, 2025 Sold
Premium
Sold
Jul 6, 2025 In contract -
In contract
Jun 30, 2025 Listed by Lori Terry Home Town Realty $137,500
Listed by Lori Terry Home Town Realty
Sep 16, 2021 Sold
Premium
Sold
Aug 12, 2021 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 11
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 544
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,176
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRFAX MIII VILLAGE
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LOT 15 BLOCK 12 FAIRFAX MILL VILLAGE M.B. 3 PG. 26-28 IN NW1/4 OF SE1/4. S24 T21N R28E CITY OF VALLEY

Neighborhood

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

Geography

  • Account Number: 464925
  • District: 01
  • Parcel: 12-17-06-24-4-003-021.000
  • Block: 12
  • Lot: 15
  • Meridian: SEC 24 TWN 21 RNG 28
  • Municipality: COUNTY
  • Latitude: 32.7932
  • Longitude: -85.1885

    Address

  • Full Address: 515 Bailey St
  • Address - House Number: 515
  • Address - Street Name: Bailey
  • Address - Suffix Type: St
  • State: AL
  • City Name: Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 4820
  • Zip Code: 36854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $78,625
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.4659
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 6
  • Final Value: 130,508
  • High Value: 191,312
  • Low Value: 69,703

    Market Valuation

  • Market Total Value: $92,480
  • Market Land Value: $3,980
  • Market Improvement Value: $88,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,500
  • Assessed Land Value: $800
  • Assessed Improvements Value: $17,700

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 24, 2020
  • Previous Sale Contract Date: Apr 21, 2020
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: 27
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 Valley

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$132

Below Asking

0.04%

Average Days on Market

95

Average Home Size

1637 ft²

Average Home Age

84.2 years

Currently For Sale

17 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: Lori Terry, Lori Terry Home Town Realty
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10555254
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 515 Bailey Street built and last sold?
The property at 515 Bailey Street was built in 1923 and last sold on Sep 9, 2021 for $97,231.
How much is this home worth?
The estimated value of the home located at 515 Bailey Street is $0.
What are some comparable homes to 515 Bailey Street?
There are currently no comparable homes to 515 Bailey Street.
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