Seller's Agent in 2024
Jason Dailey
Keller Williams Realty Vestavia
(205) 600-8682
10 in this area
107 Total Sales
1275 Lake Trace Cove Birmingham, AL 35244
Estimated Value: $1,016,398
5
Beds
5.5
Baths
6,748
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- 165 Feet of Waterfront
- Second Kitchen
- Fishing
- Trace Crossings Elementary School Rated A
- In Ground Pool
- Gated Community
About This Home
As of February 2024MOTIVATED SELLER! Welcome to a stunning executive lakefront retreat nestled within the highly coveted gated community of Lake Trace. Step inside & be captivated by the grand foyer boasting 20+ foot ceilings, marble flooring & a spiral staircase that leads to the upper levels of this wonderful home. As you continue through the archways, you'll be greeted by the awe-inspiring living room, showcasing an enchanting view of the tranquil lake. The home features a generously sized formal dining room perfect for entertaining, a gourmet eat-in kitchen with a cozy keeping room, a study with built-in shelves & 2 fireplaces make the home a perfect haven. The luxurious main floor master ensuite provides spectacular lake views from every angle. Upstairs you'll find 3 more elegantly appointed bedrooms, each with private bathrooms & 2 bonus rooms creating your perfect oasis. The daylight basement is a dream come true, complete with an in-law suite featuring a full kitchen, game room, & a 3 car garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,199
Year Built
- Built in 2004
Lot Details
- 0.62 Acre Lot
- 165 Feet of Waterfront
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $149 Monthly HOA Fees
Parking
- 3 Car Garage
- Basement Garage
- Side Facing Garage
- Driveway
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Central Vacuum
- Crown Molding
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Log Fireplace
- Fireplace in Hearth Room
- Stone Fireplace
- Double Pane Windows
- Window Treatments
- Great Room with Fireplace
- 2 Fireplaces
- Dining Room
- Home Office
- Keeping Room
- Lake Views
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Second Kitchen
- Gas Oven
- Gas Cooktop
- Stove
- Warming Drawer
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- 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
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- In Ground Pool
- Lake Property
- Screened Deck
- Covered Patio or Porch
Schools
- Trace Crossings Elementary School
- Bumpus Middle School
- Hoover High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Programmable Thermostat
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 39-00-33-2-000-043.000
Community Details
Overview
- Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
- Mckay Association, Phone Number (205) 733-6700
Recreation
- Community Pool
- Fishing
- Park
- Trails
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
Feb 12, 2024
Sold by
Bodin Vincent
Bought by
Amin Shakil and Shakil Shazia
Seller's Agent
Jason Dailey
Keller Williams Realty Vestavia
Buyer's Agent
Shahida Perveen
Keller Williams Realty Hoover
List Price
$975,000
Sold Price
$873,600
Premium/Discount to List
-$101,400
-10.4%
Views
714
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,798
Avg. Annual Appreciation
9.61%
Original Mortgage
$698,880
Outstanding Balance
$686,529
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$329,869
Purchase Details
Listed on
Apr 20, 2023
Closed on
Feb 7, 2024
Sold by
Bodin Vincent and Bodin Heidi
Bought by
Amin Shakil and Shakil Shazia
Seller's Agent
Jason Dailey
Keller Williams Realty Vestavia
Buyer's Agent
Shahida Perveen
Keller Williams Realty Hoover
List Price
$975,000
Sold Price
$873,600
Premium/Discount to List
-$101,400
-10.4%
Views
714
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,880
Outstanding Balance
$686,529
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$329,869
Purchase Details
Listed on
Mar 8, 2022
Closed on
May 13, 2022
Sold by
Pringle Gabriel M
Bought by
Bodin Vincent and Bodin Heidi
Seller's Agent
Barbara Lummis
ARC Realty - Homewood
Buyer's Agent
Jason Dailey
Keller Williams Realty Vestavia
List Price
$949,000
Sold Price
$949,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.65%
Original Mortgage
$112,000
Interest Rate
4.67%
Mortgage Type
Mortgage Modification
Purchase Details
Listed on
Mar 21, 2018
Closed on
Sep 12, 2018
Sold by
Singh Raj
Bought by
Pringle Gabriel M and Pringle Shaunda Kelly
Seller's Agent
Jeanie Shea
Keller Williams Realty Hoover
Buyer's Agent
Nancy Brown
RealtySouth-Inverness Office
List Price
$750,000
Sold Price
$707,000
Premium/Discount to List
-$43,000
-5.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$182,493
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2007
Sold by
Moezam Max M and Moezam Soraia S
Bought by
Singh Raj and Singh Kusum
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
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 2004
Sold by
Feris For Construction Inc
Bought by
Moezam Max M and Moezam Soraia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,103
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2003
Sold by
United States Steel Corp
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
$500,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amin Shakil | $873,600 | -- | |
| Amin Shakil | $873,600 | None Listed On Document | |
| Bodin Vincent | $949,000 | -- | |
| Pringle Gabriel M | $707,000 | -- | |
| Singh Raj | $745,000 | None Available | |
| Moezam Max M | $673,005 | -- | |
| Feris For Construction Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amin Shakil | $698,880 | |
| Previous Owner | Bodin Vincent | $112,000 | |
| Previous Owner | Bodin Vincent | $647,200 | |
| Previous Owner | Pringle Gabriel M | $182,493 | |
| Previous Owner | Pringle Gabriel M | $453,100 | |
| Previous Owner | Singh Raj | $417,000 | |
| Previous Owner | Singh Raj | $125,000 | |
| Previous Owner | Moezam Max M | $471,103 | |
| Previous Owner | Feris For Construction Inc | $500,000 | |
| Closed | Moezam Max M | $134,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2024 02/07/24 | Sold | $873,600 | -2.9% | $129 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | Price Changed | $900,000 | -2.7% | $133 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $925,000 | -2.6% | $137 / Sq Ft |
| 09/06/2023 09/06/23 | Price Changed | $950,000 | -2.6% | $141 / Sq Ft |
| 06/29/2023 06/29/23 | For Sale | $975,000 | 0.0% | $144 / Sq Ft |
| 06/29/2023 06/29/23 | Price Changed | $975,000 | -2.5% | $144 / Sq Ft |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | Price Changed | $1,000,000 | -9.1% | $148 / Sq Ft |
| 04/20/2023 04/20/23 | For Sale | $1,100,000 | +15.9% | $163 / Sq Ft |
| 05/13/2022 05/13/22 | Sold | $949,000 | 0.0% | $139 / Sq Ft |
| 03/08/2022 03/08/22 | For Sale | $949,000 | +34.2% | $139 / Sq Ft |
| 10/01/2018 10/01/18 | Sold | $707,000 | -3.2% | $118 / Sq Ft |
| 08/20/2018 08/20/18 | Pending | -- | -- | -- |
| 06/11/2018 06/11/18 | Price Changed | $730,000 | -2.7% | $122 / Sq Ft |
| 03/21/2018 03/21/18 | For Sale | $750,000 | -- | $126 / Sq Ft |
Source: Greater Alabama MLS
Tax History Compared to Growth
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 | $7,837 | $110,560 | -- | -- |
| 2022 | $7,198 | $99,880 | $13,000 | $86,880 |
| 2021 | $6,673 | $92,640 | $13,000 | $79,640 |
| 2020 | $6,205 | $86,060 | $13,000 | $73,060 |
| 2019 | $5,669 | $78,820 | $0 | $0 |
| 2018 | $5,608 | $77,980 | $0 | $0 |
| 2017 | $5,311 | $73,880 | $0 | $0 |
| 2016 | $5,311 | $73,880 | $0 | $0 |
| 2015 | $5,311 | $73,880 | $0 | $0 |
| 2014 | $5,233 | $72,740 | $0 | $0 |
| 2013 | $5,233 | $72,740 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Dailey
-
Shahida Perveen
Buyer's Agent in 2024
Shahida Perveen
Keller Williams Realty Hoover
(205) 370-4827
6 in this area
39 Total Sales
-
Barbara Lummis
Seller's Agent in 2022
Barbara Lummis
ARC Realty - Homewood
(205) 492-1793
5 in this area
106 Total Sales
-
Lori Reich
Seller Co-Listing Agent in 2022
Lori Reich
ARC Realty Mountain Brook
(205) 936-7002
5 in this area
104 Total Sales
-
Jeanie Shea
Seller's Agent in 2018
Jeanie Shea
Keller Williams Realty Hoover
(205) 249-0097
91 in this area
208 Total Sales
-
Nancy Brown
Buyer's Agent in 2018
Nancy Brown
RealtySouth
(205) 337-4652
36 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 1351630
APN: 39-00-33-2-000-043.000
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