$258,000
SOLD NOV 1, 2024

Regency Terrace Condominiums 1120 Beacon Pkwy E Unit 503 Birmingham, AL 35209

2 Beds
2 Baths
1,482 Sq Ft
$525/mo HOA Fee

Recently Sold

$174 Per Sq Ft

4% Below List Price

112 Days on Market

Highlights

  • In Ground Pool
  • Covered Deck
  • Covered patio or porch
  • City View
  • Butcher Block Countertops
  • Balcony

About This Home

As of November 2024

Regency Terrace is a gated community only minutes from downtown. Also close to Homewood and Mountain Brook. This is such a beautiful complex, so welcoming! A rare opportunity to own this condo with a stunning view of Birmingham. Enjoy your morning or evening time on the spacious patio. The main living area and both bedrooms have a view and access to covered patio. Stunning parquet floors and wooden bookshelves make the great room a warm living area. Slate floors throughout much of the condo add a wonderful touch. The kitchen has a new microwave & refrigerator that remains. Laundry room is off the kitchen. The master bedroom has built in shelves & the bathroom has double vanities. Large walk in closet with custom shelving. The other bathroom has a tiled tub/shower combo. The lobby is beautifully decorated and a popular place for residents to socialize. Residents also have access to pool, workout room, sauna, steam room, library & party room. Covered parking & private storage area.

Last Agent to Sell the Property

Sandy Deaton

RealtySouth-Inverness Office Listed on: 06/13/2024

RealtySouth-Inverness Office

Last Buyer's Agent

Ken Grodner

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1979

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Butcher Block Countertops
  • Laminate Countertops

Flooring

  • Parquet
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Linen Closet In Bathroom

Laundry

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

Parking

  • 1 Carport Space
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered patio or porch

Schools

  • Glen Iris Elementary School
  • Arrington Middle School
  • Carver High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, garbage collection, common grounds mntc, insurance-building, management fee, pest control, recreation facility, reserve for improvements, sewage service, utilities for comm areas, water, internet
  • Metcalf Realty Co Association, Phone Number (205) 879-2177

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,301

Year Built

Built in 1979

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/21388744?w=PubMLS
  • Living Area: 1482
  • Legal Description: UNIT 503 BLDG A REGENCY TERRACE A CONDOMINIUM 119/28 REAL 1733 PG 15 & UND 1/84 INT IN PRIVATE ELEMENT & 1/96 INT IN COMMON ELEMENT
  • Condo Level: 5
  • List Price per Sq Ft: 174.09
  • Number Levels: 1-Story
  • Property Type: Condo
  • Termite Company Name: HOA Provided
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1979
  • Price Per Sq Ft: 174.09
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Floors: Carpet, Parquet, Slate, Tile Floor
  • Bedroom/Bathroom Features: Linen Closet, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living/Din1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Laundry1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living/Dining (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate, Butcher Block
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1482

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Balcony
  • Foundation: Slab
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Number Carport Spaces: 1
  • Parking Features: Unassigned Parking

Utilities

  • Heating: Central (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 1482

Condo/Co-op/Association

  • Condo Fees: Yes
  • Condo Association Fee: 525
  • Condo Fee Per: Monthly
  • HOA Management Company: Metcalf Realty Co
  • Hoa Phone: 205-879-2177

Fee Information

  • Fees Include: Cable TV, Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Recreation Facility, Reserve for Improvements, Sewage Service, Utilities for Comm Areas, Water, Internet
  • Garbage Fee: Included

Schools

  • Elementary School: GLEN IRIS
  • Middle School: ARRINGTON
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 29-00-11-4-007-037.361
  • Lot View: Yes
  • Lot View Type: City View

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 1301

MLS Schools

  • Elementary School: GLEN IRIS
  • High School: CARVER, G W
  • Jr Middle School: ARRINGTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 31, 2024
Sold by
Lovelady Michael L
Bought by
Dunlap Kaylan Marie
Seller's Agent
Sandy Deaton
RealtySouth-Inverness Office
Buyer's Agent
Ken Grodner
Keller Williams Realty Vestavia
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%
Views
586
Current Estimated Value
$268,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,201
Avg. Annual Appreciation
3.21%
Original Mortgage
$232,200
Outstanding Balance
$231,052
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$33,127
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $258,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,200 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $258,000 0.0% $174 / Sq Ft
08/21/2024 08/21/24 Price Changed $258,000 -4.1% $174 / Sq Ft
06/13/2024 06/13/24 For Sale $269,000 -- $182 / 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 $1,301 $18,940 -- $18,940
2022 $1,301 $10,580 $0 $10,580
2021 $1,223 $10,580 $0 $10,580
2020 $1,223 $10,580 $0 $10,580
2019 $1,032 $15,220 $0 $0
2018 $853 $12,760 $0 $0
2017 $785 $11,820 $0 $0
2016 $808 $12,140 $0 $0
2015 $808 $12,140 $0 $0
2014 $1,437 $11,980 $0 $0
2013 $1,437 $11,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21388744

Greater Alabama MLS

APN: 29-00-11-4-007-037.361