1501 Martin Luther King Dr, Hobson City, AL, 36201
About This Home
tax appraisal 53,000. 4.8 acres house needs complete rehab value is in the land
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: None
Basement
- Area: 0
Basement
- Basement: Crawl Space
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- None
- Flooring: Subflooring
- Attic: None
- Finished area below ground: 0
- Finished area above ground: 1,298
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total interior livable area: 1,298 sqft
Living Room
- Level: First
Property
Details
- Parcel number: 2206240001022.000
- Special condition: As Is
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: None
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Lot size: 4.80 Acres
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $252 | $3,024 |
| Home Insurance * | $94 | $1,128 |
| Property Taxes | $13 | $156 |
| Electricity | $240 | $2,881 |
| Total | $599 | $7,188 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $49,900 |
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