NOT LISTED FOR SALE

2040 Somerset Ln Birmingham, AL 35242

Estimated Value: $733,605 - $897,000

4 Beds
3.5 Baths
4,332 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $491,500 $113 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,728/month

84 Days on Market

Highlights

  • Fishing
  • Wind Turbine Power
  • Heavily Wooded Lot
  • Inverness Elementary School Rated A
  • Lake Property
  • Fireplace in Kitchen

About This Home

As of May 2015

Great 4 bedroom 3 1/2 bath home located in the popular Brook Highland neighborhood. Home is located on a cul-de-sac lot with 1.9 acres. The fenced back yard is totally private with room for kids to play and plenty of nature to enjoy. The fully brick home boasts a very unique and open floor plan with the kitchen fully open to the den. Kitchen includes granite, stainless appliances, a very large breakfast area and a butler's pantry. Refinished hardwood flooring (2011) is in on the main level. Other features of this unique floor plan are 3 bedrooms on the main level, including a spacious master suite. Upstairs has another large bedroom with private bath and a huge bonus room. Lots of walk in closets and extras in this jewel. Main level and basement garages with room to park extras. You don't want to miss this one!

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #88060 Listed on: 02/17/2015

Last Buyer's Agent

Conrad Howell

RealtySouth-MB-Crestline

RealtySouth-MB-Crestline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,794

Year Built

  • 1996

Lot Details

  • Cul-De-Sac
  • Heavily Wooded Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage on Main Level

Interior Spaces

  • 4,332 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Unfinished Basement
  • Bedroom in Basement
  • Intercom
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 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
  • Electric Dryer Hookup

Eco-Friendly Details

  • Wind Turbine Power

Outdoor Features

  • Lake Property
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-9-31-0-001-018.024

Community Details

Recreation

  • Tennis Courts
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,794

Year Built

1996

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Public Road
  • Living Area: 4332
  • Legal Description: BROOK HIGHLAND 11TH SECTOR PH 1 LOT 1128
  • Dual or Variable Rate Commission: Yes
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Amenities: Intercom System
  • Fireplace Location: Kitchen (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, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Bedroom, On Level: 1
  • Room 10: Bedroom, On Level: B
  • Room 11: Full Bath, On Level: 2
  • Basement Rooms: Bedroom (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Full Bath (LVL 2+)
  • Basement Style II: All Unfinished
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven
  • Kitchen Features: Breakfast Bar, Eating Area, Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utility Sink
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 4332

Exterior Features

  • Patio: Yes
  • Construction: 4 Side Brick
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Zoned (HEAT)
  • Cooling: Central (COOL), Electric (COOL), Zoned (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Fishing, Private Lake, Sidewalks, Street Lights, Tennis Courts, Walking Paths
  • Association Fee: Yes
  • Association Fee: 135
  • Association Fee Per: Yearly

Schools

  • Elementary School: INVERNESS
  • Middle School: OAK MOUNTAIN
  • High School: OAK MOUNTAIN

Lot Info

  • Assessor Parcel Number: 03-9-31-0-001-018.024
  • Lot Description: Acreage, Cul-de-sac, Heavy Treed Lot, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Turbines

Tax Info

  • Tax District: COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 12, 2015
Sold by
Lee Robert H and Lee Jaime
Bought by
Boggs Drexell Hunter and Boggs Jacqueline Weston
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Conrad Howell
RealtySouth-MB-Crestline
List Price
$519,900
Sold Price
$491,500
Premium/Discount to List
-$28,400
-5.46%
Current Estimated Value
$818,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,341
Avg. Annual Appreciation
3.97%
Original Mortgage
$393,200
Outstanding Balance
$308,523
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$424,273

Purchase Details

Closed on
Oct 31, 2006
Sold by
Wells Donald R and Wells Barbara L
Bought by
Lee Robert H and Lee Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 1998
Sold by
Burnett William A and Burnett Melinda S
Bought by
Wells Donald R and Wells Barbara L
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
Boggs Drexell Hunter $491,500 None Available
Lee Robert H $458,000 None Available
Wells Donald R $327,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boggs Jacqueline Weston $100,000
Closed Boggs Drexell H $79,150
Open Boggs Drexell Hunter $393,200
Closed Boggs Drexell H $49,150
Previous Owner Lee Robert H $75,000
Previous Owner Lee Robert H $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $491,500 -5.5% $113 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $519,900 -- $120 / 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 $2,794 $63,500 $0 $0
2023 $2,557 $59,040 $0 $0
2022 $2,430 $56,160 $0 $0
2021 $2,200 $50,940 $0 $0
2020 $2,067 $47,920 $0 $0
2019 $2,189 $50,680 $0 $0
2017 $2,150 $49,800 $0 $0
2015 $2,045 $47,420 $0 $0
2014 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cliff Glansen

    Seller's Agent in 2015

    Cliff Glansen

    FlatFee.com

    (954) 965-3990

    2 in this area

    5,872 Total Sales

    Section Image

  • C

    Buyer's Agent in 2015

    Conrad Howell

    RealtySouth

    (205) 522-1586

    2 in this area

    41 Total Sales

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 622558

Greater Alabama MLS

APN: 03-9-31-0-001-018-024

Alabama Shelby County Birmingham 35242

2040 Somerset Ln, Birmingham, AL

This home is located at 2040 Somerset Ln, Birmingham, AL 35242 since 17 February 2015 and is currently estimated at $817,901, approximately $188 per square foot. This property was built in 1996. 2040 Somerset Ln is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mt. Intermediate School, and Oak Mt. Middle 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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