Neighborhood

3 Park Place

Madison, Alabama US

AI Summary•Updated May 2026

Area

0.06 mi²

ZIP Code

35756

County

Madison County

State

Alabama

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20FBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$369,815

YoY-2.9%

Gross Rental Yield

5.4%

Listed rent · ZORI annualized

Red Flag Index

High

77 / 100

Walkability Score

—

OpenStreetMap POI density · national percentile

Education Score

94 / 100

Excellent · better than 94% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

3 Park Place Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for 3 Park Place, Madison.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$369,815	-2.9%
Price / Sq Ft (Verified)	$171/sqft	-3.7%
Asking Rent (Median)	$1,665/mo	-0.5%
Gross Rental Yield	5.4%	—
Liquidity Score	52 / 100	Moderate
Homes Sold (Period)	258	+38.0%

Is 3 Park Place Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Alabama crime context.

Red Flag Breakdown

77 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Tornado100Very High

Flood80Very High

Heat80Very High

Strong Wind80Very High

Wildfire60High

Hurricane60High

Hail60High

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Alabama averaged 19.3 crimes and 3.6 violent per 1,000 residents (-15.1% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 5.4%

Liquid resale market — liquidity 52/100

Active transaction volume — 258 homes sold last period

Earthquake risk is Very High (100/100)

Tornado risk is Very High (100/100)

Insights are generated from 3 Park Place's live DistrictScore metrics.

3 Park Place Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Alabama-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

4.7 µg/m³ Meets WHO guideline-18.1% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the 3 Park Place centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 13% of U.S. neighborhoods.

Alabama Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	19.3	3.6	-15.1%
2023	22.8	4.2	+1.3%
2022	22.7	4.4	+25.6%
2021	18.2	3.5	-27.9%
2020	25.9	4.5	-16.9%
2019	31.3	5.0	—

Reported at the state level — the finest official US crime aggregation; 3 Park Place inherits the Alabama figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · 3 Park Place

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor1 nearbyHigh

Point-source screening near 3 Park Place: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

3 Park Place vs Madison vs Alabama

How 3 Park Place benchmarks against its city and state medians.

Benchmark vs City & State

In 3 Park Place, the median sale price sits about 10% above the statewide median. Gross rental yield is 5.4%, against 5.8% statewide. Over the past 12 months, prices fell 2.9%. Transaction liquidity sits above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
3 Park Place	$171/sqft	5.4%	52
Alabama	$155/sqft	5.8%	28

Unlock the 3 Park Place benchmark

Compare 3 Park Place against Madison and Alabama medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Alabama tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.37% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 5.00%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: deed tax $0.50 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Alabama property-tax guidance for foreign buyers

Latest Madison Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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