NOT LISTED FOR SALE

1248 Lake Trace Cove Birmingham, AL 35244

Estimated Value: $964,000 - $1,165,999

5 Beds
6 Baths
6,198 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 1248 Lake Trace Cove, Birmingham, AL 35244 and is currently estimated at $1,094,750, approximately $176 per square foot. 1248 Lake Trace Cove is a home located in Jefferson County with nearby schools including Trace Crossings Elementary School, Robert F. Bumpus Middle School, and Hoover High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2015
Sold by
Powers James R
Bought by
Faulknier Brian and Faulknier Sephra
Current Estimated Value
$1,094,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$319,273
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$775,477

Purchase Details

Closed on
Jul 26, 2002
Sold by
J D Gardner Construction Inc
Bought by
Wood Powers & Hastings Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.53%

Purchase Details

Closed on
Feb 27, 2002
Sold by
United States Steel Corp
Bought by
J D Gardner Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Faulknier Brian $775,000 --
Wood Powers & Hastings Construction Inc $110,000 --
J D Gardner Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulknier Brian $417,000
Previous Owner Wood Powers & Hastings Construction Inc $110,000
Previous Owner J D Gardner Construction Inc $110,000
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 $7,881 $111,220 -- --
2022 $7,217 $100,140 $13,000 $87,140
2021 $6,690 $92,880 $13,000 $79,880
2020 $6,221 $86,280 $13,000 $73,280
2019 $5,684 $79,020 $0 $0
2018 $5,061 $70,440 $0 $0
2017 $5,237 $72,860 $0 $0
2016 $5,237 $72,860 $0 $0
2015 $5,237 $72,860 $0 $0
2014 $4,799 $66,760 $0 $0
2013 $4,799 $66,760 $0 $0
Source: Public Records

Map

Alabama Jefferson County Birmingham 35244

1248 Lake Trace Cove, Birmingham, AL

This home is located at 1248 Lake Trace Cove, Birmingham, AL 35244 and is currently estimated at $1,094,750, approximately $176 per square foot. 1248 Lake Trace Cove is a home located in Jefferson County with nearby schools including Trace Crossings Elementary School, Robert F. Bumpus Middle School, and Hoover High School.

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