NOT LISTED FOR SALE

1262 Lake Trace Cove Birmingham, AL 35244

Estimated Value: $716,000 - $914,000

4 Beds
4.5 Baths
3,750 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $575,000 $153 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,686/month

Highlights

  • In Ground Pool
  • Lake Property
  • Screened Deck
  • Trace Crossings Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2021

Enjoy this all brick, 4 bedroom, 4.5 bath home behind the gate in Lake Trace with ALL hardwood floors. This custom built home sits on almost a half acre with a fabulous, flat back yard. Your guests will be greeted with a stunning, 2-story, grand entryway. The main level features a flex (office) space; formal dining room; great room that opens to a large kitchen. Also on the main level is an extra large master bedroom with a sitting area. The spacious kitchen has stainless appliances, ample cabinets and granite counter tops. Enjoy the outdoor living space with the screened porch & large open deck. Upstairs are 3 bedrooms. Two bedrooms share a Jack-n-Jill bathroom and the third has a private bathroom. The finished daylight basement is the same size as the main level and has a full bathroom. The 3-car garage also has plenty of extra storage space. New roof Nov. 2016. Walking paths to the private lake; neighborhood pool; close to schools, restaurants, shops. Call today!

Last Agent to Sell the Property

Jeanie Shea

Keller Williams Realty Hoover Listed on: 11/19/2020

Keller Williams Realty Hoover

Last Buyer's Agent

Courtney Bassett

ARC Realty License #000077053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 2002

Lot Details

  • 0.48 Acre Lot
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Basement Garage
  • Side Facing Garage

Home Design

  • Ridge Vents on the Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Ventless Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Home Security System
  • Attic

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Lake Property
  • Screened Deck
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39-00-33-2-000-046.000

Community Details

Overview

  • Association fees include common grounds mntc
  • Selective Management Serv Association, Phone Number (205) 624-3586

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,884

Year Built

Built in 2002

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Private Road
  • Living Area: 3025
  • Legal Description: Trace Crossings 18th Sec BK 1035 PG 44 Lot 1863
  • List Price per Sq Ft: 186.78
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Stark
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2002
  • Price Per Sq Ft: 153.33
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Marble (FIREPL), Ventless
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |DiningRoom1|GreatRoom1|Kitchen1|Laundry1|MasterBR1|MasterBath1|HalfBath1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|Bonus2|DenB|FullBathB|
  • Room 1: Dining Room, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bonus, On Level: 2
  • Room 14: Den/Family, On Level: B
  • Room 15: Full Bath, On Level: B
  • Basement Rooms: Den/Family (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Dining Room (LVL 1), Great 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+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Poured Concrete Walls
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Refrigerator, Some Stainless Appl
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 725
  • Main Level Sq Ft: 2161
  • Upper Level Sq Ft: 864

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK), Screened (DECK)
  • Exterior Features: Fenced Yard, Sprinkler System, Porch Screened
  • Foundation: Basement
  • Patio Type: Screened (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 3
  • Number Total Garage Spaces: 3
  • Parking Features: Basement Parking

Utilities

  • Heating: Forced Air, Gas Heat, Zoned (HEAT)
  • Cooling: Electric (COOL), Zoned (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 3750

Condo/Co-op/Association

  • Amenities: Clubhouse, Playgound, Private Lake, Sidewalks, Walking Paths
  • Association Fee: Yes
  • Association Fee: 360
  • Association Fee Per: Yearly
  • HOA Management Company: Selective Management Serv
  • Hoa Phone: 205-624-3586

Fee Information

  • Fees Include: Common Grounds Mntc

Schools

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

Lot Info

  • Assessor Parcel Number: 39-00-33-2-000-046.000
  • Lot Description: Interior Lot, Some Trees, Subdivision
  • Number Acres: 0.48

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Ridge Vent

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 3884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 27, 2021
Sold by
Orr Michael P
Bought by
Bassett Michael Dewayne and Bassett Courtney
Seller's Agent
Jeanie Shea
Keller Williams Realty Hoover
Buyer's Agent
Courtney Bassett
ARC Realty
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%
Current Estimated Value
$801,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,707
Avg. Annual Appreciation
7.36%
Original Mortgage
$555,205
Outstanding Balance
$495,708
Interest Rate
2.6%
Mortgage Type
VA
Estimated Equity
$305,999

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 5, 2014
Sold by
Stoisor Eva
Bought by
Orr Michael P and Orr Rebecca L
Seller's Agent
Patti Schreiner
ARC Realty - Hoover
Buyer's Agent
Tiffany Ballard
RealtySouth-MB-Cahaba Rd
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$325,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2012
Closed on
Jun 8, 2012
Sold by
Teter Kenneth L
Bought by
Stoisor Eva
Seller's Agent
Patti Schreiner
ARC Realty - Hoover
Buyer's Agent
Patti Schreiner
ARC Realty - Hoover
List Price
$542,000
Sold Price
$542,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Feris For Construction Inc
Bought by
Teter Kenneth L and Teter Amber C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2001
Sold by
United States Steel Llc
Bought by
Feris For 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
$74,715
Interest Rate
7.16%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Bassett Michael Dewayne $575,000 --
Orr Michael P $565,000 --
Stoisor Eva $542,000 --
Teter Kenneth L -- --
Feris For Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Michael Dewayne $555,205
Previous Owner Orr Michael P $325,000
Previous Owner Teter Kenneth L $375,000
Previous Owner Feris For Construction Inc $74,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $575,000 +1.8% $153 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $565,000 0.0% $151 / Sq Ft
08/05/2014 08/05/14 Sold $565,000 0.0% $187 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $565,000 +4.2% $187 / Sq Ft
06/08/2012 06/08/12 Sold $542,000 0.0% $179 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $542,000 -- $179 / 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 $4,864 $69,380 -- --
2022 $4,504 $62,030 $13,000 $49,030
2021 $4,155 $57,950 $13,000 $44,950
2020 $3,895 $54,230 $13,000 $41,230
2019 $3,589 $50,160 $0 $0
2018 $3,880 $54,180 $0 $0
2017 $3,880 $54,180 $0 $0
2016 $3,880 $54,180 $0 $0
2015 $3,880 $54,180 $0 $0
2014 $3,176 $48,380 $0 $0
2013 $3,176 $48,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeanie Shea

    Seller's Agent in 2021

    Jeanie Shea

    Keller Williams Realty Hoover

    (205) 249-0097

    91 in this area

    208 Total Sales

    Jeanie Shea
    Section Image

  • C

    Buyer's Agent in 2021

    Courtney Bassett

    ARC Realty

  • P

    Seller's Agent in 2014

    Patti Schreiner

    ARC Realty - Hoover

    Section Image

  • T

    Buyer's Agent in 2014

    Tiffany Ballard

    RealtySouth

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 901837

Greater Alabama MLS

APN: 39-00-33-2-000-046.000

Alabama Jefferson County Birmingham 35244

1262 Lake Trace Cove, Birmingham, AL

This home is located at 1262 Lake Trace Cove, Birmingham, AL 35244 since 19 November 2020 and is currently estimated at $801,707, approximately $213 per square foot. This property was built in 2002. 1262 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.

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.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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