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Single Family ResidenceResidential
$296,036$118 / 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 93How 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 $195,000 on Sep 18, 2020

501 TERRACE ST

SHEFFIELD, AL 35660
2
Baths
2,501 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.
0.47 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$296K
$276K low$317K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$195,000 · Sep 18, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,075 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$21,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,140
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,560
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$20,340
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$216,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyColbert
Lot (acres)The size of the land the home sits on, from county records.0.47
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.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
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, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.In-Ground Vinyl Pool

Transaction History(1)

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
Wa Threadgill Primary SchoolD
Elementary · Grades PK–2 · 3.0 mi
H
Sheffield High SchoolD-
High · Grades 9–12 · 3.2 mi
M
Sheffield Junior High SchoolA-
Middle · Grades 7–8 · 3.3 mi

District: Sheffield City School District

Neighborhood · ZIP 35660These 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.144
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.112
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.59

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.29%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.9,721
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,095 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$45,659
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$62,200
Average tempThe average temperature here across a full year.61°F
Annual precipHow much rain and melted snow falls here in a typical year.57 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

501 Terrace St 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 90% of homes in Sheffield 35660
  • Costs more per square foot than 76% of homes in Sheffield 35660
  • Bigger than 84% of homes in Sheffield 35660
  • Has a bigger lot than 83% of homes in Sheffield 35660
  • Newer than 75% of homes in Sheffield 35660

What homes are worth in Sheffield 35660

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

This home
$42K$502K

This home is worth more than 90% of homes in Sheffield 35660.

How it measures up in Sheffield 35660

The dot is this home. The mark in the middle is the typical home in Sheffield 35660.

Estimated value$296,036
CheaperTypical $144,672Pricier

Pricier than 90% of homes nearby

Price per ft²$118
CheaperTypical $96Pricier

Pricier than 76% of homes nearby

Living area2,501 ft²
SmallerTypical 1,522 ft²Bigger

Bigger than 84% of homes nearby

Lot size0.47 ac
SmallerTypical 0.23 acBigger

Bigger than 83% of homes nearby

Year built1961
OlderTypical 1950Newer

Newer than 75% of homes nearby

How 501 Terrace St ranks against every home in each area.
MeasureThis homeSheffield 35660Colbert County
Estimated valuepricier than$296,03690% of homes70% of homes
Price per ft²pricier than$11876% of homes49% of homes
Living areabigger than2,501 ft²84% of homes79% of homes
Lot sizebigger than0.47 ac83% of homes53% of homes
Year builtnewer than196175% of homes34% of homes

About 501 Terrace St

How much is 501 Terrace St, Sheffield, AL worth?

The TopHap Estimate for 501 Terrace St, Sheffield, AL is $296,036 as of Sep 24, 2026. The likely range is $275,514 to $316,558. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 501 Terrace St, Sheffield, AL last sell?

501 Terrace St, Sheffield, AL last sold on Sep 18, 2020 for $195,000, according to the county's recorded deed.

How big is 501 Terrace St, Sheffield, AL?

501 Terrace St, Sheffield, AL has 2 bathrooms, 2,501 square feet of living space and a 0.47-acre lot.

When was 501 Terrace St, Sheffield, AL built?

501 Terrace St, Sheffield, AL was built in 1961, making it 65 years old. The building has 1 story.

What schools serve 501 Terrace St, Sheffield, AL?

501 Terrace St, Sheffield, AL is assigned to Wa Threadgill Primary School (elementary), rated D; Sheffield High School (high), rated D-; Sheffield Junior High School (middle), rated A-. All sit in Sheffield City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 501 Terrace St, Sheffield, AL compare to other homes in Sheffield 35660?

Among the 3,708 homes in Sheffield 35660, it is worth more than 90% of them ($296,036 against a typical $144,672), its price per square foot is higher than 76% of them ($118 against a typical $96), it is bigger than 84% of them (2,501 ft² against a typical 1,522 ft²), its lot is bigger than 83% of them (0.47 ac against a typical 0.23 ac) and it is newer than 75% of them (1961 against a typical 1950). Measured against all of Colbert County, it is worth more than 70% 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 501 Terrace St, Sheffield, AL?

The 2025 property tax bill for 501 Terrace St, Sheffield, AL was $1,075. The county assessed it at $21,700.

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Assigned schools

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