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For sale
  • $75,000

    505 Ray Ln, Ashville, AL 35953

    2beds
    1,740sqft
    : 
    Other
    Built in 1969
    0.82 Acres Lot
    $-- Zestimate®
    $43/sqft
    $-- HOA

    What's special

    Abundant fruit trees
    Investor/Flipper Special – 2 Homes on One Lot! Sold AS-IS, Where-Is – This property is a rare find for investors, flippers, or anyone looking for a private, unrestricted lot with tons of potential. Situated on a beautiful, flat 0.82-acre lot, this property features: 2 Homes: A main home with an open layout that could easily be finished into a 4-bedroom residence, and a second building currently being used as a guest house or additional living space. There is part of the home that was originally a mobile home. Abundant Fruit Trees and wildlife, including frequent visits from deer. Privacy & Space – No restrictions, making it perfect for those seeking flexibility and freedom. This is a flipper’s dream – with the right vision, this could be turned into a fantastic income property or personal retreat. The lot is level, usable, and ready for your improvements.
    213 days
    |
    1,448
    |
    54
    |

    Zillow last checked: 8 hours ago

    Listed by:

    Michelle Greene,

    EXIT COOSA RIVER REALTY

    Source: EXIT Realty broker feed,MLS#: 21426647

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, Propane
    Cooling
    • Other
    Features
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,740
    • Total interior livable area: 1,740 sqft
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    Property

    Lot
    • Size: 0.82 Acres
    Details
    • Parcel number: 1201110001029000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1969

    Community & HOA

    Location
    • Region: Ashville

    Financial & listing details

    • Price per square foot: $43/sqft
    • Tax assessed value: $57,890
    • Annual tax amount: $131
    • Date on market: 7/30/2025
    • Lease term: Contact For Details
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,117/mo

    Price history

    Price history
    DateEventPrice
    10/16/2025Price change$75,000-11.7%$43/sqft
    Source: GALMLS #21426647 Report a problem
    8/19/2025Listed for sale$84,900$49/sqft
    Source: GALMLS #21426647 Report a problem
    8/11/2025Contingent$84,900$49/sqft
    Source: GALMLS #21426647 Report a problem
    7/30/2025Listed for sale$84,900-49.7%$49/sqft
    Source: GALMLS #21426647 Report a problem
    6/21/2004Sold$168,675$97/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$131 $5,780
    2023$131 +0.5%$5,780 +0.3%
    2022$131 +34.5%$5,760 +23.1%
    2021$97 $4,680
    2020$97 $4,680
    2019$97 $4,680
    2018$97 $4,680
    2017-- $4,680
    2016-- $4,680 +1.3%
    2015$93 $4,620 +1.3%
    2014$93 $4,560
    2013-- $4,560
    2012-- $4,560
    2011-- $4,560 +2.7%
    2010-- $4,440
    2009-- $4,440
    2008-- $4,440 -16.9%
    2006-- $5,340
    2005-- $5,340 +22.5%
    2004-- $4,360
    2003$90 $4,360
    2002-- --
    2000-- --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $413/mo
    Principal & interest
    $387
    Property taxes
    $26

      Climate risks

      Neighborhood: 35953

      Getting around

      0 / 100
      Car-Dependent
      23 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 35953