Seller's Agent in 2019
Leda Mims
ARC Realty - Hoover
(205) 243-4599
66 in this area
284 Total Sales
1378 Lake Trace Ln Birmingham, AL 35244
Estimated Value: $908,000 - $983,399
5
Beds
4.5
Baths
6,131
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- 375 Feet of Waterfront
- In Ground Pool
- Lake View
- Trace Crossings Elementary School Rated A
- Gated Community
- Fireplace in Primary Bedroom
About This Home
As of May 2019Lakeside living--in town! NEW ROOF!! This full brick, custom-built home sits on lake lot at the end of a cul-de-sac street. Gorgeous water views! 2-story foyer is open to dining room and 2-story great room. Kitchen has island with breakfast bar, granite counter tops, new tile backsplash and gas cooktop. Kitchen and adjoining breakfast room are both open to the great room. There's a screened deck off the breakfast room. Great room has wood burning fireplace, built-ins and French doors to the huge open deck. Master suite has trey ceiling, his and hers W/I closets. The master bath has his and hers vanities, jetted tub, separate tile shower and water closet. There's also a large office, half bath and laundry room with double sink on this level. Upper level has four more bedrooms and two baths. Lower level has a kitchenette, full bath, bedroom and huge play/rec room with access to the covered patio. There's also a bonus room, and access to the lower level garage.
Last Buyer's Agent
Larry Allen
Town Square Realty License #81623
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,050
Year Built
- Built in 2001
Lot Details
- 0.59 Acre Lot
- 375 Feet of Waterfront
- Cul-De-Sac
- Sprinkler System
HOA Fees
- $100 Monthly HOA Fees
Parking
- 4 Car Garage
- Basement Garage
- Garage on Main Level
- Side Facing Garage
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Smooth Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Wood Burning Fireplace
- Marble Fireplace
- Great Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Lake Views
- Attic
Kitchen
- Breakfast Bar
- Electric Oven
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Marble
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- Split Vanities
- Hydromassage or Jetted Bathtub
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
- Laundry Chute
- Washer and Electric Dryer Hookup
Finished Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Natural lighting in basement
Outdoor Features
- In Ground Pool
- Covered Deck
- Screened Deck
- Covered Patio or Porch
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Gas
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 39-33-2-000-029.000
Community Details
Overview
- Mckay Association
Recreation
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2018
Closed on
May 28, 2019
Sold by
Gray Nancy M
Bought by
Serrano Cecil H and Serrano Divina F
Seller's Agent
Leda Mims
ARC Realty - Hoover
Buyer's Agent
Larry Allen
Town Square Realty
List Price
$728,900
Sold Price
$650,000
Premium/Discount to List
-$78,900
-10.82%
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
$292,850
Avg. Annual Appreciation
6.02%
Original Mortgage
$200,000
Outstanding Balance
$175,849
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$767,001
Purchase Details
Closed on
Nov 21, 2003
Sold by
Smith Kathleen G and Skelton Henry G
Bought by
Kwon Chan Yong and Kwon Pok Suk
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2001
Sold by
Gardner Builders Inc
Bought by
Smith Kathleen J and Skelton Henry G
Purchase Details
Closed on
Mar 12, 2001
Sold by
Usx Corp
Bought by
Gardner Builders Inc
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 |
|---|---|---|---|
| Serrano Cecil H | $650,000 | -- | |
| Kwon Chan Yong | -- | -- | |
| Smith Kathleen J | $605,000 | -- | |
| Gardner Builders Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serrano Cecil H | $200,000 | |
| Previous Owner | Kwon Chan Yong | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2019 05/28/19 | Sold | $650,000 | -10.8% | $106 / Sq Ft |
| 04/11/2018 04/11/18 | For Sale | $728,900 | -- | $119 / 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 | $6,808 | $95,500 | -- | -- |
| 2022 | $6,115 | $84,960 | $13,000 | $71,960 |
| 2021 | $5,679 | $78,960 | $13,000 | $65,960 |
| 2020 | $5,295 | $73,510 | $13,000 | $60,510 |
| 2019 | $4,849 | $67,520 | $0 | $0 |
| 2018 | $5,209 | $72,480 | $0 | $0 |
| 2017 | $5,049 | $70,280 | $0 | $0 |
| 2016 | $5,046 | $70,240 | $0 | $0 |
| 2015 | $5,046 | $70,240 | $0 | $0 |
| 2014 | $4,973 | $69,160 | $0 | $0 |
| 2013 | $4,973 | $69,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leda Mims
-
L
Buyer's Agent in 2019
Larry Allen
Town Square Realty
Map
Source: Greater Alabama MLS
MLS Number: 812937
APN: 39-00-33-2-000-029.000
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