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Single Family ResidenceResidential
$446,305$181 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $300,000 on Dec 5, 2022

118 WATER ELM DR

ALABASTER, AL 35114
3
Baths
2,460 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.29 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$446K
$409K low$484K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$300,000 · Dec 5, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,844 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$35,080 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$34,720
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$350,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.0.29
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Retaining Wall
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 247 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Creek View Elementary SchoolA+
Elementary · Grades PK–3 · 0.5 mi
H
Thompson High SchoolC
High · Grades 9–12 · 0.7 mi
M
Thompson Middle SchoolB+
Middle · Grades 6–8 · 1.4 mi

District: Alabaster City School District

Neighborhood · ZIP 35114These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.57
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.67

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.6,506
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.489 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$114,878
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$134,541
Average tempThe average temperature here across a full year.62°F
Annual precipHow much rain and melted snow falls here in a typical year.58 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 Water Elm Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 80% of homes in Alabaster 35114
  • Bigger than 73% of homes in Alabaster 35114
  • Newer than 65% of homes in Shelby County

What homes are worth in Alabaster 35114

Each bar is how many homes fall in that price range. The marker is this home.

This home
$116K$602K

This home is worth more than 80% of homes in Alabaster 35114.

How it measures up in Alabaster 35114

The dot is this home. The mark in the middle is the typical home in Alabaster 35114.

Estimated value$446,305
CheaperTypical $353,006Pricier

Pricier than 80% of homes nearby

Price per ft²$181
CheaperTypical $173Pricier

Pricier than 64% of homes nearby

Living area2,460 ft²
SmallerTypical 2,046 ft²Bigger

Bigger than 73% of homes nearby

Lot size0.29 ac
SmallerTypical 0.36 acBigger

Bigger than 36% of homes nearby

Year built2003
OlderTypical 2003Newer

Newer than 55% of homes nearby

How 118 Water Elm Dr ranks against every home in each area.
MeasureThis homeAlabaster 35114Shelby County
Estimated valuepricier than$446,30580% of homes67% of homes
Price per ft²pricier than$18164% of homes56% of homes
Living areabigger than2,460 ft²73% of homes66% of homes
Lot sizebigger than0.29 ac36% of homes39% of homes
Year builtnewer than200355% of homes65% of homes

About 118 Water Elm Dr

How much is 118 Water Elm Dr, Alabaster, AL worth?

The TopHap Estimate for 118 Water Elm Dr, Alabaster, AL is $446,305 as of Sep 24, 2026. The likely range is $408,795 to $483,815. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 118 Water Elm Dr, Alabaster, AL last sell?

118 Water Elm Dr, Alabaster, AL last sold on Dec 5, 2022 for $300,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 118 Water Elm Dr, Alabaster, AL?

118 Water Elm Dr, Alabaster, AL has 3 bathrooms, 2,460 square feet of living space and a 0.29-acre lot.

When was 118 Water Elm Dr, Alabaster, AL built?

118 Water Elm Dr, Alabaster, AL was built in 2003, making it 23 years old. The building has 1 story.

What schools serve 118 Water Elm Dr, Alabaster, AL?

118 Water Elm Dr, Alabaster, AL is assigned to Creek View Elementary School (elementary), rated A+; Thompson High School (high), rated C; Thompson Middle School (middle), rated B+. All sit in Alabaster City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 118 Water Elm Dr, Alabaster, AL compare to other homes in Alabaster 35114?

Among the 2,372 homes in Alabaster 35114, it is worth more than 80% of them ($446,305 against a typical $353,006), its price per square foot is higher than 64% of them ($181 against a typical $173), it is bigger than 73% of them (2,460 ft² against a typical 2,046 ft²), its lot is bigger than 36% of them (0.29 ac against a typical 0.36 ac) and it is newer than 55% of them (2003 against a typical 2003). Measured against all of Shelby County, it is worth more than 67% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 Water Elm Dr, Alabaster, AL?

The 2026 property tax bill for 118 Water Elm Dr, Alabaster, AL was $1,844. The county assessed it at $35,080.

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