NOT LISTED FOR SALE

1048 Inverness Cove Way Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $325,000 - $352,000

3 Beds
3 Baths
2,035 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 1048 Inverness Cove Way, Birmingham, AL 35242 and is currently estimated at $336,635, approximately $165 per square foot. 1048 Inverness Cove Way is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Minopoli Salvarore G
Bought by
Ridgley Tarrian
Current Estimated Value
$336,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Outstanding Balance
$208,581
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$133,679

Purchase Details

Closed on
Jun 29, 2006
Sold by
Shoemaker Mark S
Bought by
Minopoli Salvatore G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2006
Sold by
Investment Associates Llc
Bought by
Shoemaker Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ridgley Tarrian $235,000 None Available
Minopoli Salvatore G $219,815 None Available
Shoemaker Mark S $219,815 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgley Tarrian $56,809
Open Ridgley Tarrian $230,743
Previous Owner Minopoli Salvatore G $131,000
Previous Owner Minopoli Salvatore G $61,500
Previous Owner Minopoli Lisa A $25,000
Previous Owner Minopoli Salvatore G $140,000
Previous Owner Shoemaker Mark S $175,852
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,345 $65,340 $0 $0
2023 $3,971 $59,560 $0 $0
2022 $3,652 $54,920 $0 $0
2021 $3,336 $50,160 $0 $0
2020 $3,059 $46,000 $0 $0
2019 $2,828 $42,520 $0 $0
2017 $2,979 $44,800 $0 $0
2015 $2,422 $36,420 $0 $0
2014 $2,457 $36,940 $0 $0
Source: Public Records

Map

Alabama Shelby County Birmingham 35242 North Shelby County

1048 Inverness Cove Way, Birmingham, AL

Homes for Sale in Birmingham, AL

This home is located at 1048 Inverness Cove Way, Birmingham, AL 35242 and is currently estimated at $336,635, approximately $165 per square foot. 1048 Inverness Cove Way is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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