NOT LISTED FOR SALE

1241 Lake Trace Cove Birmingham, AL 35244

Estimated Value: $927,000 - $1,251,000

5 Beds
6 Baths
6,300 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $1,100,000 $175 Per Sq Ft

Current estimated payment $6,962/month

442 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Second Kitchen
  • In Ground Pool
  • Trace Crossings Elementary School Rated A
  • Home Theater
  • Two Primary Bedrooms

About This Home

As of October 2023

NEW PRICE!! Fabulous, Lakefront, Custom Built, Full Brick home in a Culdesac in the Gated Lake Trace neighborhood. Five bedrooms including 2 Master suites (main level and upstairs), this home also has an Elevator which makes it perfect for an In-Law suite. Some of the many amenities include: fabulous gourmet eat- in- kitchen with huge granite island and custom cabinetry, keeping room with fireplace. Second kitchen in basement, 4 fireplaces, 2 laundry rooms with sinks, 3 HVAC systems, 2 water heaters, surround sound and intercom system, huge craft room, coffee bar at Master bedroom, media room, security system, main level and basement garages, screened deck, covered deck, heated floors in both master baths, beautiful view and landscaping! Walk to the pool, clubhouse and playground. Elementary, Middle and Hoover High schools are all less than 5 minutes away. Prepare to be impressed! This is a GORGEOUS home and will not last long!

Last Agent to Sell the Property

Jennifer Brown

RealtySouth-I459 Southwest Listed on: 06/14/2022

RealtySouth-I459 Southwest

Last Buyer's Agent

Kathy Harris

RealtySouth-MB-Cahaba Rd

RealtySouth-MB-Cahaba Rd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 2003

Lot Details

  • 0.52 Acre Lot
  • 400 Feet of Waterfront
  • Cul-De-Sac
  • Sprinkler System
  • Few Trees

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Garage on Main Level
  • Side Facing Garage

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace in Hearth Room
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • French Doors
  • Family Room with Fireplace
  • 4 Fireplaces
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Keeping Room
  • Wood Flooring
  • Lake Views
  • Home Security System
  • Attic

Kitchen

  • Second Kitchen
  • Double Oven
  • Electric Oven
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Butcher Block Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dressing Area
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Screened Deck
  • Patio

Schools

  • Trace Crossings Elementary School
  • Bumpus Middle School
  • Hoover High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Tax Lot 1858
  • Assessor Parcel Number 39-00-33-3-000-008.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 4484
  • Legal Description: Lot 1858 Trace Crossings 18th Sector
  • List Price per Sq Ft: 278.77
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Will Provide
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2003
  • Price Per Sq Ft: 174.6
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Amenities: Central Vacuum, Elevator, French Doors, Home Theater, Recess Lighting, Security System, Sound System, Wet Bar
  • Fireplace Details: Gas Starter, Marble (FIREPL), Stone (FIREPL), Tile (FIREPL)
  • Fireplace Location: Den (FIREPL), Family Room (FIREPL), Hearth/Keeping (FIREPL), Master Bedroom (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Hardwood
  • Number Fireplaces: 4
  • Bedroom/Bathroom Features: Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Sitting Area in Master, Split Bedrooms, Tub/Shower Combo, Walk-In Closets, Dressing Room
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Concatenated Rooms: |MasterBR1|Den1|KeepngRm1|HalfBath1|2ndMastr2|Bedroom2|Bedroom2|FullBath2|FullBath2|Bonus2|FullBathB|OfficeB|MediaB|2ndKitchB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Den/Family, On Level: 1
  • Room 3: Keeping Room, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: 2nd Master, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Bonus, On Level: 2
  • Room 11: Full Bath, o, On Level: B
  • Room 12: Office/Study, On Level: B
  • Room 13: Media, On Level: B
  • Room 14: 2nd Kitchen, On Level: B
  • Basement Rooms: 2nd Kitchen (LVL BSMT), Full Bath (LVL BSMT), Media (LVL BSMT), Office/Study (LVL BSMT)
  • Rooms Level 1: Den/Family (LVL 1), Half Bath (LVL 1), Keeping Room (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: 2nd Master (LVL 2+), Bedroom (LVL 2+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT), Butcher Block
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Double Oven, Refrigerator, Some Stainless Appl, Stove-Gas
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric, Dryer -Gas
  • Laundry Features: Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL), Laundry (UPLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 1816
  • Main Level Sq Ft: 2547
  • Upper Level Sq Ft: 1937

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAKE TRACE
  • Construction: 4 Sides Brick, Stone (CONST)
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Sprinkler System, Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Waterfront: Yes
  • Waterfront Frontage: 400
  • Water Heater: Gas (WTRHTR), Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 4
  • Parking Features: Attached, Basement Parking, Lower Level, Parking (MLVL)

Utilities

  • Heating: 3+ Systems (HEAT), Central (HEAT), Gas Heat
  • Cooling: 3+ Systems (COOL), Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 6300

Schools

  • Elementary School: TRACE CROSSINGS
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-33-3-000-008.000
  • Lot Description: Cul-de-sac, Some Trees, Subdivision
  • Lot Number: 1858
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 0.52

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 5179

MLS Schools

  • Elementary School: TRACE CROSSINGS
  • High School: HOOVER
  • Jr Middle School: BUMPUS, ROBERT F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Oct 18, 2023
Sold by
Payne Wendell V and Payne Margaret P
Bought by
Bell Thomas W and Bell Nancy
Seller's Agent
Jennifer Brown
RealtySouth-I459 Southwest
Buyer's Agent
Kathy Harris
RealtySouth-MB-Cahaba Rd
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Views
419
Current Estimated Value
$1,104,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,625
Avg. Annual Appreciation
0.21%

Purchase Details

Closed on
Feb 4, 2002
Sold by
United States Steel Corp
Bought by
Gardner Builders Inc
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bell Thomas W $1,100,000 None Listed On Document
Gardner Builders Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $1,100,000 -12.0% $175 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $1,250,000 -2.0% $198 / Sq Ft
05/18/2023 05/18/23 Price Changed $1,275,000 -1.9% $202 / Sq Ft
03/24/2023 03/24/23 Price Changed $1,300,000 -3.7% $206 / Sq Ft
11/28/2022 11/28/22 For Sale $1,350,000 0.0% $214 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,350,000 -- $214 / 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 -- $113,100 -- --
2022 $0 $100,090 $13,000 $87,090
2021 $5,103 $92,840 $13,000 $79,840
2020 $5,103 $86,240 $13,000 $73,240
2019 $5,103 $78,980 $0 $0
2018 $0 $78,760 $0 $0
2017 $0 $78,760 $0 $0
2016 $5,179 $78,760 $0 $0
2015 $5,179 $78,760 $0 $0
2014 $5,103 $77,540 $0 $0
2013 $5,103 $77,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 1322888

Greater Alabama MLS

APN: 39-00-33-3-000-008.000