NOT LISTED FOR SALE

1507 Valley Place Birmingham, AL 35209

Estimated Value: $789,000 - $939,258

3 Beds
2 Baths
1,884 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $850,000 $451 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,285/month

Highlights

  • Fireplace in Bedroom
  • Deck
  • Butcher Block Countertops
  • Edgewood Elementary School Rated A+
  • Attic
  • Screened Porch

About This Home

As of August 2022

A charming, historical Edgewood bungalow with 3 bedrooms, 2 full bathrooms and additional Carriage house all within walking distance to Edgewood Elementary, Homewood Middle, restaurants/shops and churches. Beautiful hardwoods and designer touches throughout this home. Welcoming sunroom, bright living room with wood burning fireplace, and formal dining room welcome you home. Kitchen has been updated with painted cabinets, new hardware, butcher block countertops, stainless appliances including gas stove w/oven, fridge & dishwasher. Master bedroom features en-suite bathroom with double vanity, shower, soaking tub and huge custom walk-in closet. Two additional bedrooms share a hall bathroom with a tub/shower combo. Great backyard for relaxing and entertaining. Carriage house has been updated and features living room, bedroom, bathroom, kitchenette that is perfect for rental income or guests. Don't miss out on this beautiful property in the heart of Edgewood!

Last Agent to Sell the Property

Hillary Weiss

ARC Realty Mountain Brook Listed on: 06/28/2022

ARC Realty Mountain Brook

Last Buyer's Agent

Linda Collier

Keller Williams Metro North

Keller Williams Metro North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Interior Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Recessed Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Butcher Block Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Deck
  • Patio

Schools

  • Edgewood Elementary School
  • Homewood Middle School
  • Homewood High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-00-13-1-014-048.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,810

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Down Payment Assistance: No
  • Living Area: 1884
  • Legal Description: LOT 73 EDGEWOOD PARK
  • List Price per Sq Ft: 398.04
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1940
  • Price Per Sq Ft: 451.17
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Amenities: French Doors, Recess Lighting
  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Bedroom (FIREPL), Living Room (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood Laminate, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|Laundry1|MasterBath1|MasterBR1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Butcher Block
  • Kitchen Equipment: Disposal, Self-Cleaning, Refrigerator, Stove-Gas
  • Kitchen Features: Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1884

Exterior Features

  • Patio: Yes
  • Construction: Siding-Other
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Guest Quarters, Porch Screened
  • Foundation: Crawl Space
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking Features: On Street Parking

Utilities

  • Heating: Central (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1884

Schools

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

Lot Info

  • Assessor Parcel Number: 29-00-13-1-014-048.000
  • Lot Description: Interior Lot
  • Number Acres: 0.25

Green Features

  • Energy Green Features: LED Lighting

Tax Info

  • Tax District: HOMEWOOD
  • Annual Tax: 3810

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 9, 2022
Sold by
Fisher Bret
Bought by
Palmedo Richard and Palmedo Regan Katherine
Seller's Agent
Hillary Weiss
ARC Realty Mountain Brook
Buyer's Agent
Linda Collier
Keller Williams Metro North
List Price
$749,900
Sold Price
$850,000
Premium/Discount to List
$100,100
13.35%
Views
2
Current Estimated Value
$883,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,815
Avg. Annual Appreciation
1.30%
Original Mortgage
$647,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 23, 2022
Sold by
Repici Dee Andrea
Bought by
Fisher Bret and Fisher Katie
Seller's Agent
Brandy Herschbach
RealtySouth-Homewood
Buyer's Agent
Hillary Weiss
ARC Realty Mountain Brook
List Price
$649,900
Sold Price
$725,000
Premium/Discount to List
$75,100
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.06%

Purchase Details

Closed on
May 19, 2020
Sold by
Henderson Ben Byrd
Bought by
Repici Dee Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
3.3%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Johnson E Barry
Bought by
Wallace Stephen L and Wallace Jeanie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
5.62%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Driscoll David M and Driscoll Patricia B
Bought by
Johnson E Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,710
Interest Rate
7%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Chesney M Jake and Chesney Florence
Bought by
Driscoll David M and Driscoll Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.37%

Purchase Details

Closed on
Oct 5, 1998
Sold by
Balliet Michael Sr Balliet Michael and Balliet Karen
Bought by
Chesney M Jake and Chesney Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.76%
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
Palmedo Richard $850,000 --
Fisher Bret $725,000 --
Repici Dee Andrea $599,000 --
Wallace Stephen L $249,000 --
Johnson E Barry $239,900 --
Driscoll David M $182,000 --
Chesney M Jake $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmedo Richard $487,500
Closed Palmedo Richard $647,000
Previous Owner Repici Dee Andrea $499,000
Previous Owner Henderson Ben B $259,000
Previous Owner Wallace Stephen L $181,000
Previous Owner Johnson E Barry $212,710
Previous Owner Driscoll David M $145,600
Previous Owner Chesney M Jake $145,600
Closed Johnson E Barry $26,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $850,000 +13.3% $451 / Sq Ft
06/28/2022 06/28/22 For Sale $749,900 +3.4% $398 / Sq Ft
05/23/2022 05/23/22 Sold $725,000 +11.6% $385 / Sq Ft
04/06/2022 04/06/22 For Sale $649,900 -- $345 / 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 $5,645 $76,220 -- --
2022 $4,497 $60,890 $29,000 $31,890
2021 $3,805 $51,680 $29,000 $22,680
2020 $7,701 $102,680 $58,000 $44,680
2019 $6,971 $92,940 $0 $0
2018 $6,575 $87,660 $0 $0
2017 $6,198 $82,640 $0 $0
2016 $5,547 $73,960 $0 $0
2015 $5,161 $68,820 $0 $0
2014 $5,243 $69,700 $0 $0
2013 $5,243 $69,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1325302

Greater Alabama MLS

APN: 29-00-13-1-014-048.000