Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$482,258$192 / 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 88How 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 $215,900 on Apr 17, 2001

123 WATER ELM DR

ALABASTER, AL 35114
3
Baths
2,511 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.
0.7 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
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

$482K
$426K low$539K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$215,900 · Apr 17, 2001

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,858 (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.$35,380 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$35,020
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$353,700

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.0.70
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
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 · 110 ft²

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%

Owner Tools

Do you own this home?
Claim this home

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

123 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 87% of homes in Alabaster 35114
  • Costs more per square foot than 79% of homes in Alabaster 35114
  • Bigger than 75% of homes in Alabaster 35114
  • Has a bigger lot than 81% of homes in Alabaster 35114

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 87% 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$482,258
CheaperTypical $353,006Pricier

Pricier than 87% of homes nearby

Price per ft²$192
CheaperTypical $173Pricier

Pricier than 79% of homes nearby

Living area2,511 ft²
SmallerTypical 2,046 ft²Bigger

Bigger than 75% of homes nearby

Lot size0.7 ac
SmallerTypical 0.36 acBigger

Bigger than 81% of homes nearby

Year built2001
OlderTypical 2003Newer

Newer than 46% of homes nearby

How 123 Water Elm Dr ranks against every home in each area.
MeasureThis homeAlabaster 35114Shelby County
Estimated valuepricier than$482,25887% of homes72% of homes
Price per ft²pricier than$19279% of homes66% of homes
Living areabigger than2,511 ft²75% of homes67% of homes
Lot sizebigger than0.7 ac81% of homes71% of homes
Year builtnewer than200146% of homes59% of homes

About 123 Water Elm Dr

How much is 123 Water Elm Dr, Alabaster, AL worth?

The TopHap Estimate for 123 Water Elm Dr, Alabaster, AL is $482,258 as of Sep 24, 2026. The likely range is $426,004 to $538,512. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 123 Water Elm Dr, Alabaster, AL last sell?

123 Water Elm Dr, Alabaster, AL last sold on Apr 17, 2001 for $215,900, according to the county's recorded deed.

How big is 123 Water Elm Dr, Alabaster, AL?

123 Water Elm Dr, Alabaster, AL has 3 bathrooms, 2,511 square feet of living space and a 0.70-acre lot.

When was 123 Water Elm Dr, Alabaster, AL built?

123 Water Elm Dr, Alabaster, AL was built in 2001, making it 25 years old. The building has 1 story.

What schools serve 123 Water Elm Dr, Alabaster, AL?

123 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 123 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 87% of them ($482,258 against a typical $353,006), its price per square foot is higher than 79% of them ($192 against a typical $173), it is bigger than 75% of them (2,511 ft² against a typical 2,046 ft²), its lot is bigger than 81% of them (0.7 ac against a typical 0.36 ac) and it is newer than 46% of them (2001 against a typical 2003). Measured against all of Shelby County, it is worth more than 72% 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 123 Water Elm Dr, Alabaster, AL?

The 2026 property tax bill for 123 Water Elm Dr, Alabaster, AL was $1,858. The county assessed it at $35,380.

More homes on Water Elm Dr

Closest homes

More homes in Alabaster 35114

Assigned schools

Explore the area

See this home in context

Open 123 Water Elm Dr on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map