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#21417289, Angie Scarbrough, Listing office: RealtySouth - Chilton II
Property details
About 511 Wallace Dr
3/2
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,156 sqft
BasementYes
Lot size7.4 Acres
Year built1996
ParkingBasement Parking, Driveway Parking
MLS #21427045
Attached garage2 spaces
FireplaceWoodburning, Brick (FIREPL)
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: None
- Basement: Yes
- Flooring Type: Hardwood, Tile Floor, Vinyl
- Interior: Bay Window
- Fireplace: Woodburning, Brick (FIREPL)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Basement Parking, Driveway Parking
- Exterior: Fenced Yard
- Heating: Central
- Cooling: Central Air
- List Price: $425,000
- Price/SqFt: $197
- Annual Tax Amount: $1,371
- Tax Year: 2023
- Directions: From Columbiana take 47 South to 42 (left)cross 145 and continue on 42.When road forks bear left and continue to Wallace Drive (right) Follow Wallace Drive to end of pavement, enter electric wooden gated and go straight to concrete drive.
- Year Built: 1996
- Stories: 1
- Living Area: 2,156 SqFt
- Lot Size: 7.4 Acres
- MLS Number: 21427045
- Office Name: Impact Realty Advisors
- Office Phone: (205) 582-2015
- Office Email: cody@impactrealtyadvisors.com
- Listing Agent: Jeff Tatum
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: 8/4/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 06, 2020 | Home Sold | $345,000 |
| Jul 09, 2020 | Home Sold | $256,666 |
| Dec 04, 2007 | Home Sold | $449,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,080 | $1,371 |
| 2022 | $30,080 | $1,113 |
| 2021 | $66,420 | $1,113 |
| 2020 | $32,800 | $- |
| 2019 | $32,080 | $- |
| 2018 | $34,100 | $- |
| 2017 | $33,200 | $- |
History based on county public records data.
Nearby schools
8
Shelby Elementary School
Public District KG-5
5.9 mi
•19099 Highway 145
9
Wilsonville Elementary School
Public District KG-5
7.6 mi
•71 School St
5
Elvin Hill Elementary School
Public District KG-5
7.8 mi
•201 Washington 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 $48,707. Most Shelby, AL residents have annual incomes between $35k-100k. Most families are married, 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?
24%
<35k
65%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
8%
Single, with Kids
42%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
50%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Pro Wrestling
Hunting
Where do the neighbors shop?
Bass Pro Shops
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Dodge
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 511 Wallace Dr
The listing price of 511 Wallace Dr property is $425,000.
The property 511 Wallace Dr is a house located in Shelby, Alabama, 35143.
Active Listing: 511 Wallace Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 511 Wallace Dr are: Shelby Elementary School (GreatSchools Rating 8/10), Wilsonville Elementary School (GreatSchools Rating 9/10), Elvin Hill Elementary School (GreatSchools Rating 5/10), Columbiana Middle School (GreatSchools Rating 4/10), Childersburg Middle School (GreatSchools Rating 7/10), Nicholslawson Middle School (GreatSchools Rating 7/10), Fayetteville High School (GreatSchools Rating 7/10), Shelby County High School (GreatSchools Rating 3/10), Childersburg High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,371 (source: MLS/based on county public records data).
The last sale was on November 6, 2020 for $345,000 (source: MLS/tax record).
The property at 511 Wallace Dr has 3 bedrooms and 2 bathrooms.
The property 511 Wallace Dr is 2,156 SqFt (source: MLS/tax record).
The year of construction for 511 Wallace Dr is 1996.
This home is located at 511 Wallace Dr in Shelby, AL and zip code 35143. This 2,156 square foot home, which was built in 1996, sits on a 7.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 2, 2025 and is currently priced at $425,000.
In July 2025, from all listings sold in Shelby, AL there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. Between June and July 2025, Shelby, AL real estate market has seen decrease in the number of listings by 30%. In July 2025, listings were on the market for 2 days. During the same period, the median list price in this real estate market was $640,000.
From Rocket Homes Real Estate and based on county public records data.