NOT LISTED FOR SALE

1501 Melrose Place Birmingham, AL 35209

Estimated Value: $510,000 - $589,000

2 Beds
2 Baths
1,406 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $350,000 $249 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,188/month

Highlights

  • Wood Flooring
  • Attic
  • Solid Surface Countertops
  • Edgewood Elementary School Rated A+
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of April 2020

Perfect opportunity to buy on one of Edgewood's most sought-after streets. Walking distance from parks, restaurants and shopping that define Homewood. As you approach this charming brick cottage, you'll be greeted by the inviting front porch. The living room is spacious with its' fireplace. Off the living room, there is a cozy den, which can be function as a second living space, office or whatever suits your needs! The kitchen has been lightly updated and is conveniently located off of the living room and formal dining room. The master suite offers a walk-in closet as well as a renovated master bathroom with a large walk-in tile shower. An added bonus is the attached one-car garage! Not to mention, the oversized lot would be ideal for potential expansion or the perfect out door entertaining space! WHOLE HOUSE WATER FILTRATION SYSTEM (2015), RINNAI TANKLESS HOT WATER HEATER (2010) AND BRAND NEW (installed July 2019) HVAC!!! Roof (2012)

Last Agent to Sell the Property

Whitney Henderson

Keller Williams Realty Vestavia Listed on: 09/20/2019

Keller Williams Realty Vestavia

Last Buyer's Agent

Charles Perlis

LAH Sotheby's International Realty Homewood

LAH Sotheby's International Realty Homewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1961

Lot Details

  • 0.36

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Brick Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Keeping Room
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Laundry in Basement
  • Crawl Space

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.36 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 29-00-13-4-006-002.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1406
  • Legal Description: LOT 24 EXC TH W 10 FT EDGEWOOD PLACE
  • List Price per Sq Ft: 252.49
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Cook's Pest Control
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1961
  • Price Per Sq Ft: 248.93
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Fireplace Details: Brick (FIREPL), Gas Starter
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom1|FullBath1|Bonus1|Kitchen1|Living1|DiningRoom1|KeepngRm1|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Bonus, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Living, On Level: 1
  • Room 8: Dining Room, On Level: 1
  • Room 9: Keeping Room, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Bonus (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Keeping Room (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Oven-Gas, Refrigerator
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 1406

Exterior Features

  • Patio: Yes
  • Construction: Siding-Wood
  • Foundation: Crawl Space
  • Patio Type: Covered - (PATIO), Open (PATIO)
  • Water Heater: Gas (WTRHTR), Tankless

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Bsmt Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Attached, Driveway Parking, On Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1406

Schools

  • Elementary School: EDGEWOOD
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 29-00-13-4-006-002.000
  • Number Acres: 0.36

Green Features

  • Energy Green Features: Ceiling Fans, Energy Star Appliances, Programmable Thermostat

Tax Info

  • Tax District: HOMEWOOD
  • Annual Tax: 2758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Apr 16, 2020
Sold by
Henderson Taylor
Bought by
Clemons Paxton S and Summerford Mickalyn
Seller's Agent
Whitney Henderson
Keller Williams Realty Vestavia
Buyer's Agent
Charles Perlis
LAH Sotheby's International Realty Homewood
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Current Estimated Value
$545,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,999
Avg. Annual Appreciation
8.41%
Original Mortgage
$280,000
Outstanding Balance
$248,974
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$297,025

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 24, 2015
Sold by
Reid Kevin D
Bought by
Henderson Taylor and Henderson Whitney
Seller's Agent
Brent Griffis
LIST Birmingham
Buyer's Agent
Shelle Henderson
Keller Williams Realty Vestavia
List Price
$317,900
Sold Price
$303,750
Premium/Discount to List
-$14,150
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$265,350
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Mcfadden Anhus Nabers
Bought by
Reid Kevin D and Reid Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.9%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Hill James F and Hill Stacey T
Bought by
Mcfadden Angus Nabers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,714
Interest Rate
6.62%
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
Clemons Paxton S $350,000 --
Henderson Taylor $303,750 --
Reid Kevin D $152,000 --
Mcfadden Angus Nabers $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemons Paxton S $280,000
Previous Owner Henderson Taylor $265,350
Previous Owner Reid Kevin D $144,400
Previous Owner Mcfadden Angus Nabers $138,714
Closed Mcfadden Angus Nabers $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2020 04/16/20 Sold $350,000 -1.4% $249 / Sq Ft
02/23/2020 02/23/20 For Sale $355,000 0.0% $252 / Sq Ft
02/23/2020 02/23/20 Price Changed $355,000 +1.4% $252 / Sq Ft
02/10/2020 02/10/20 Off Market $350,000 -- --
01/05/2020 01/05/20 Price Changed $370,000 -1.3% $263 / Sq Ft
10/11/2019 10/11/19 Price Changed $375,000 -3.8% $267 / Sq Ft
10/04/2019 10/04/19 Price Changed $389,900 -2.5% $277 / Sq Ft
09/20/2019 09/20/19 For Sale $399,900 +31.7% $284 / Sq Ft
04/24/2015 04/24/15 Sold $303,750 -4.5% $216 / Sq Ft View Prior Sale
03/29/2015 03/29/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $317,900 -- $226 / 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 $3,625 $49,280 -- --
2022 $3,385 $46,080 $29,000 $17,080
2021 $3,016 $41,150 $29,000 $12,150
2020 $3,001 $40,960 $29,000 $11,960
2019 $2,806 $38,360 $0 $0
2018 $2,688 $36,780 $0 $0
2017 $2,412 $33,100 $0 $0
2016 $2,320 $31,880 $0 $0
2015 $1,660 $23,080 $0 $0
2014 $1,685 $23,340 $0 $0
2013 $1,685 $23,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 862742

Greater Alabama MLS

APN: 29-00-13-4-006-002.000