NOT LISTED FOR SALE

1050 Somerset Ln Birmingham, AL 35242

Estimated Value: $662,156 - $712,000

4 Beds
3.5 Baths
3,258 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $635,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,925/month

9 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Attic
  • Inverness Elementary School Rated A
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of February 2024

Beautiful in Brook Highland! This gorgeous home is move in ready. It is located on a .55 acre corner lot in one of the area's most sought after neighborhoods. The home has over 3,200 square feet with 4 bedrooms, 3-1/2 baths, and an unfinished basement with a 2 car garage. The updated kitchen is amazing! There's an island, quartz counters, white cabinets, and a 36 inch gas range. The master suite is on the main level. Upstairs you'll find 3 more large bedrooms. One with a private bath and a jack and Jill bath between the other 2. It has a covered deck across the back overlooking the manicured fenced backyard and flagstone patio. You can bring groceries right in the front door from the circle driveway in front. Recent improvements include 2 new HVAC units, new roof, new deck, new front windows, and more. Brook Highland Swim and Tennis Club is located in the neighborhood! Call today for your private showing. Zoned for Oak Mountain schools.

Last Agent to Sell the Property

Chad Beasley

eXp Realty, LLC Central Listed on: 01/30/2024

eXp Realty, LLC Central

Last Buyer's Agent

Kelli Bell

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1995

Lot Details

  • 0.55 Acre Lot
  • Fenced Yard
  • Corner Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Covered Deck

Schools

  • Inverness Elementary School
  • Oak Mountain Middle School
  • Oak Mountain High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Association fees include common grounds mntc, management fee, utilities for comm areas
  • Neighborhood Management Association, Phone Number (205) 877-9480

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1995

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21375690?w=PubMLS
  • Living Area: 3258
  • Legal Description: Lot 1101 BROOK HIGHLAND 11TH SECTOR PHASE 1
  • Fire District: Cahaba Valley Fire and Emergency Rescue Medical District
  • Intermed: OAK MOUNTAIN
  • List Price per Sq Ft: 199.51
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1995
  • Price Per Sq Ft: 194.9
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Insert
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |
  • Room 1: Den/Family, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Half Bath, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Rooms Level 1: Den/Family (LVL 1), Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Plumbing Stubbed
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Plumbed for Gas in Kit, Some Stainless Appl, Stove-Gas
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric, Dryer -Gas
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Unfinished Basement Sq Ft: 1928
  • Main Level Sq Ft: 1928
  • Upper Level Sq Ft: 1330

Exterior Features

  • Construction: 3 Sides Brick
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Driveway Parking

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT), Gas Heat
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 3258

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 270
  • Association Fee Per: Yearly
  • HOA Management Company: Neighborhood Management
  • Hoa Phone: 205-877-9480

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Utilities for Comm Areas
  • Fire Fee: Yes
  • Fire Fee Amount: 385
  • Fire Fee Per: Quarterly
  • Garbage Fee: Yes
  • Garbage Fee Amount: 35
  • Garbage Fee Per: Quarterly
  • Library Fee: Yes
  • Library Fee Amount: 25
  • Library Fee Per: Yearly

Schools

  • Elementary School: INVERNESS
  • Middle School: OAK MOUNTAIN
  • High School: OAK MOUNTAIN

Lot Info

  • Assessor Parcel Number: 03-9-30-0-002-001.112
  • Lot Description: Corner Lot, Subdivision
  • Number Acres: 0.55

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1940

MLS Schools

  • Elementary School: INVERNESS
  • High School: OAK MOUNTAIN
  • Jr Middle School: OAK MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Feb 29, 2024
Sold by
Dunavant James Wayne and Dunavant Amy O
Bought by
Dawson Erin J and Dawson Patrick A
Seller's Agent
Chad Beasley
eXp Realty, LLC Central
Buyer's Agent
Kelli Bell
Keller Williams Realty Vestavia
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Total Days on Market
9
Views
77
Current Estimated Value
$684,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,789
Avg. Annual Appreciation
4.93%
Original Mortgage
$476,250
Outstanding Balance
$468,747
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$214,815
Source: Public Records

Range of Values:

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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
Dawson Erin J $635,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson Erin J $476,250
Previous Owner Dunavant James W $335,200
Previous Owner Dunavant James Wayne $291,251
Previous Owner Dunavant James Wayne $315,000
Previous Owner Dunavant James $292,000
Previous Owner Dunavant James Wayne $28,500
Previous Owner Dunavant James Wayne $48,000
Previous Owner Dunavant James Wayne $273,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $635,000 -2.3% $195 / Sq Ft
01/30/2024 01/30/24 For Sale $650,000 -- $200 / Sq Ft
Source: Greater Alabama MLS

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 $2,393 $54,380 $0 $0
2023 $1,940 $52,120 $0 $0
2022 $1,826 $49,080 $0 $0
2021 $1,924 $44,660 $0 $0
2020 $1,804 $41,940 $0 $0
2019 $1,924 $44,660 $0 $0
2017 $1,821 $42,320 $0 $0
2015 $1,735 $40,360 $0 $0
2014 $1,692 $39,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21375690

Greater Alabama MLS

APN: 03-9-30-0-002-001-112