NOT LISTED FOR SALE

1061 Somerset Ln Birmingham, AL 35242

Estimated Value: $688,000 - $936,000

-- Bed
3 Baths
4,616 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 1061 Somerset Ln, Birmingham, AL 35242 and is currently estimated at $805,077, approximately $174 per square foot. 1061 Somerset Ln is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mountain Intermediate School, and Oak Mt. Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Coons Hal and Gayle Mcleod Falls
Bought by
Ritter Lori C
Current Estimated Value
$805,077

Purchase Details

Closed on
Feb 10, 2021
Sold by
Gayle Mcleod Falls Management Trust and Coons Hal
Bought by
Ritter Lori C

Purchase Details

Closed on
Apr 12, 2018
Sold by
Fallas Gayle M
Bought by
Falls James F
Source: Public Records

Range of Values:

Collateral Analytics

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Ritter Lori C -- None Available
Ritter Lori C -- None Listed On Document
Ritter Lori C -- None Available
Falls James F $508,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falls Gayle M $90,000
Previous Owner Falls James F $112,000
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 $3,032 $68,900 $0 $0
2023 $2,897 $65,840 $0 $0
2022 $2,527 $57,440 $0 $0
2021 $2,251 $52,100 $0 $0
2020 $2,106 $48,800 $0 $0
2019 $2,258 $52,240 $0 $0
2017 $2,195 $50,820 $0 $0
2015 $2,087 $48,360 $0 $0
2014 $2,033 $47,140 $0 $0
Source: Public Records

Map

Alabama Shelby County Birmingham 35242

1061 Somerset Ln, Birmingham, AL

This home is located at 1061 Somerset Ln, Birmingham, AL 35242 and is currently estimated at $805,077, approximately $174 per square foot. 1061 Somerset Ln is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mountain Intermediate School, and Oak Mt. Middle 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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