Tour
#21411590, Sue Holland, Listing office: Sue Holland Realty, LLC
Property details
About 505 Ray Ln
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. 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.
Highlights
Home typeSingle Family Residence
HeatingPropane, Space Heater(s)
StatusActive
CoolingWindow Unit(s)
Size1,740 sqft
Lot size0.82 Acres
Year built1969
ParkingOff Street Parking
MLS #21426647
FireplaceGas (FIREPL), Stone (FIREPL),Gas Logs
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Microwave, Refrigerator, Gas Stove
- Flooring Type: Vinyl, Subflooring
- Interior: Handiman Special
- Fireplace: Gas (FIREPL), Stone (FIREPL),Gas Logs
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Off Street Parking
- Exterior: Guest Quarters, Workshop (EXTR)
- Heating: Propane, Space Heater(s)
- Cooling: Window Unit(s)
- List Price: $84,900
- Price/SqFt: $48
- Annual Tax Amount: $130
- Tax Year: 2023
- Directions: From 231 coming from Pell City, at court house take a left. Turn right onto Pinedale Rd/County Hwy-36 go about 2.2 miles, turn left on Ray Lane. House on left about half a mile
- Year Built: 1969
- Stories: 1
- Living Area: 1,740 SqFt
- Lot Size: 0.82 Acres
- MLS Number: 21426647
- Office Name: EXIT Coosa River Realty LLC
- Listing Agent: Michelle Greene
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,547 | $130 |
| 2022 | $5,775 | $130 |
| 2021 | $5,773 | $130 |
| 2020 | $4,661 | $97 |
| 2019 | $4,680 | $97 |
| 2018 | $4,680 | $97 |
| 2017 | $4,680 | $97 |
History based on county public records data.
Nearby schools
9
Ashville Elementary School
Public District PK-4
2.4 mi
•33225 US Highway 231
9
Springville Elementary School
Public District PK-5
9.8 mi
•75 Wilson St
6
Odenville Elementary School
Public District PK-2
11.3 mi
•420 Alabama St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,881. The majority of Ashville, AL residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
49%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
GMC
Dodge
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Ray Ln
The listing price of 505 Ray Ln property is $84,900.
The property 505 Ray Ln is a house located in Ashville, Alabama, 35953.
Active Listing: 505 Ray Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Ray Ln are: Ashville Elementary School (GreatSchools Rating 9/10), Springville Elementary School (GreatSchools Rating 9/10), Odenville Elementary School (GreatSchools Rating 6/10), Ashville Middle School (GreatSchools Rating 6/10), Springville Middle School (GreatSchools Rating 9/10), Steele Elementary School (GreatSchools Rating 6/10), Ashville High School (GreatSchools Rating 4/10), Appalachian School (GreatSchools Rating 4/10), Springville High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $130 (source: MLS/based on county public records data).
The property at 505 Ray Ln has 2 bedrooms and 1 bathroom.
The property 505 Ray Ln is 1,740 SqFt (source: MLS/tax record).
The year of construction for 505 Ray Ln is 1969.
This home is located at 505 Ray Ln in Ashville, AL and zip code 35953. This 1,740 square foot home, which was built in 1969, sits on a 0.82 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $84,900.
While more than 1 listings in Ashville, AL in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. Between May and June 2025, Ashville, AL real estate market has seen increase in the number of listings by 6.9%. Listings spent 72 days on the market in June 2025, and had a median list price of $447,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.