531 W Lake Drive Bessemer, AL ^$ 84,800

531 W Lake Drive

^$ 84,800

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531 W Lake Drive

Bessemer, AL, 35020

^$ 84,800

Bedrooms3 Baths1.0 Sq 1,014

Monthly Estimate*

^$ 522

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Single Family Home for sale in Bessemer, AL

for $84,800 with 3 bedrooms and 1 full bath. This 1,014 square foot home was built in 1925 on a lot size of 0.24.

CASH FLOW OPPORTUNITY! $1,000 per month. 9months left on the lease. Call today to schedule your consultation.

Single Family Active

Price

^$ 84,800

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.24

Year Built

1925

Town/City

Bessemer

County/Region

Jefferson

MLS | Web ID

21435603

Features

Interior

Interior Amenities None

Basement Area 0

Beds 3

Floors Hardwood Laminate Tile Floor

Attic Other

General

Heating Central (HEAT) Electric (HEAT)

Cooling Central (COOL) Electric (COOL)

Laundry Y/N Yes

Development Status Existing

Fireplaces 0

Garage 0

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1925

Subdivision NONE AL

Water Heater Electric (WTRHTR)

Topography Subdivision

County Jefferson

Class RESIDENTIAL

Type Single Family

Levels 1-Story

Sale/Rent For Sale

Status Detail 0

Area Bessemer Hueytown Pleasant Gro

Primary City Bessemer

Virtual Tour https://www.propertypanorama.com/instaview/bham/21435603

High School BESSEMER CITY

City BESSEMER

Financing Cash Conventional

Elementary School WESTHILLS

Middle School BESSEMER CITY

Legal Description LOT 7 BLK 487 BESSEMER COAL IRON & LAND CO 1ST ADD TO WEST LAKE HGLDS

DOM 68

Postal Code 35020

Price Per Sq Ft Total AG 83.63

Exterior

Exterior Siding-Vinyl

Foundation Crawl Space

Car Port 0

Waterfront No

Lot Size Area 0.24

Patio? No

Exterior Features None

Pool? No

Parcel Access Public Road

* Excluded Features

List By

Arc Realty Vestavia

Broker

matt@mattrudakgroup.com

Affordability Calculator

$522

Per Month

Monthly Principal & Interest: $522
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Bessemer, AL

Average List Price ^$225,133

Percent of Sale Price 165%

About Bessemer, AL

28,012 Population

-6% Since 2002

^$33,434 Median Income

37.82 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

579522 Elementary School

1029453 Middle School

Bessemer City High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/31/2025	$55,000		Listed Price

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531 W Lake Drive, Bessemer, AL, 35020 is a Single Family Home for sale at $84,800 with 1,014 sqft and a lot size of 0.24. 531 W Lake Drive has 3 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 35020 which is in Bessemer, AL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange (IDX) Program of the Birmingham Area Multiple Listing Service, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/22/2026.

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531 W Lake Drive

Single Family Home for sale in Bessemer, AL

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