2537 Inverness Point Dr Birmingham, AL 35242
Cahaba Heights NeighborhoodEstimated Value: $587,000 - $813,000
5
Beds
5
Baths
4,348
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- 153 Feet of Waterfront
- In Ground Pool
- Heavily Wooded Lot
- Greystone Elementary School Rated A
- Lake View
- Covered Deck
About This Home
As of August 2023Motivated Seller! Incredible LAKEFRONT HOME in the prestigious Inverness Point community. This 5-6BR, 5BA home offers 2BRs on main, a circular driveway, private screen patio, sun deck, and fenced backyard with direct lake access. Enjoy unobstructed lake views by the gas fireplace in the family room opening to the eat-in gourmet kitchen complete with gas cooktop, serving island, bar, and breakfast nook. A “wall of windows” overlooking the lake and double trey ceilings adorn the master BR suite which offers a jetted tub and large walk-in closet. Upstairs is another spacious a suite with lake views, and the other 2 more spacious BRs sharing a Jack-n-Jill bath. Fully finished daylight basement offers kitchen with bar, den, pool table, full bath, and an additional room that can serve as a safe-room, extra BR or office. Community amenities include a clubhouse, pool, tennis/pickle ball courts, playground, boating and fishing. Seller open to carpeting allowance and repairs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,063
Year Built
- Built in 2001
Lot Details
- 0.44 Acre Lot
- 153 Feet of Waterfront
- Fenced Yard
- Corner Lot
- Sprinkler System
- Heavily Wooded Lot
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Garage
- Basement Garage
- Side Facing Garage
- Driveway
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Central Vacuum
- Sound System
- Crown Molding
- Smooth Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Ventless Fireplace
- Marble Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Dining Room
- Den
- Lake Views
- Attic
Kitchen
- Electric Oven
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 5 Full Bathrooms
- Split Vanities
- Hydromassage or Jetted Bathtub
- Bathtub and Shower Combination in Primary Bathroom
- Garden Bath
- 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
- Recreation or Family Area in Basement
- Natural lighting in basement
Home Security
- Home Security System
- Intercom
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Covered Deck
- Screened Deck
- Covered patio or porch
Schools
- Greystone Elementary School
- Berry Middle School
- Spain Park High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 28-00-35-3-000-001.008
Community Details
Overview
- Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
- Pearce, Bevill, Leesburg Association, Phone Number (205) 323-5440
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Aug 18, 2023
Sold by
Mullis Michael E
Bought by
Salinas Gregory D and Salinas Valerie W
Seller's Agent
Anita Thomas
Re/Max Around The Lake
Buyer's Agent
Marilyn Seier
RealtySouth-OTM-Acton Rd
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Total Days on Market
69
Views
330
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
$77,040
Avg. Annual Appreciation
6.46%
Original Mortgage
$520,000
Outstanding Balance
$511,149
Interest Rate
6.81%
Estimated Equity
$215,891
Purchase Details
Listed on
Apr 21, 2016
Closed on
Jun 14, 2016
Sold by
Deberry Richard Drew
Bought by
Mullis Michael E
Seller's Agent
Max Bahos
ARC Realty 280
Buyer's Agent
Mari Wohlfarth
RealtySouth-Inverness Office
List Price
$509,900
Sold Price
$506,500
Premium/Discount to List
-$3,400
-0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$405,200
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2006
Sold by
Haynes Mark and Haynes Carolyn
Bought by
Deberry Richard Drew and Deberry Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.6%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 26, 2002
Sold by
A D Chandler Co Inc
Bought by
Haynes Mark and Haynes Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.18%
Purchase Details
Closed on
Feb 15, 2000
Sold by
Metropolitan Life Insurance Company
Bought by
A D Chandler Co Inc
Similar Homes in the area
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 |
|---|---|---|---|
| Salinas Gregory D | $650,000 | -- | |
| Mullis Michael E | $506,500 | -- | |
| Deberry Richard Drew | $510,000 | None Available | |
| Haynes Mark | $380,000 | -- | |
| A D Chandler Co Inc | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salinas Gregory D | $520,000 | |
| Previous Owner | Mullis Michael E | $405,200 | |
| Previous Owner | Deberry Richard Drew | $313,500 | |
| Previous Owner | Deberry Richard Drew | $325,000 | |
| Previous Owner | Haynes Mark | $320,000 | |
| Previous Owner | Haynes Mark | $58,000 | |
| Previous Owner | Haynes Mark | $350,000 | |
| Previous Owner | A D Chandler Company Inc | $294,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $650,000 | -14.5% | $149 / Sq Ft |
| 07/06/2023 07/06/23 | Price Changed | $759,900 | -5.0% | $175 / Sq Ft |
| 06/08/2023 06/08/23 | Price Changed | $799,900 | -5.9% | $184 / Sq Ft |
| 05/17/2023 05/17/23 | For Sale | $850,000 | +67.8% | $195 / Sq Ft |
| 06/14/2016 06/14/16 | Sold | $506,500 | -0.7% | $175 / Sq Ft |
| 05/10/2016 05/10/16 | Pending | -- | -- | -- |
| 04/21/2016 04/21/16 | For Sale | $509,900 | -- | $176 / 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 | $5,077 | $70,660 | -- | -- |
| 2022 | $4,063 | $56,700 | $10,800 | $45,900 |
| 2021 | $4,063 | $56,700 | $10,800 | $45,900 |
| 2020 | $4,063 | $56,700 | $10,800 | $45,900 |
| 2019 | $4,063 | $56,700 | $0 | $0 |
| 2018 | $7,327 | $100,920 | $0 | $0 |
| 2017 | $7,327 | $100,920 | $0 | $0 |
| 2016 | $3,108 | $43,540 | $0 | $0 |
| 2015 | $3,108 | $43,540 | $0 | $0 |
| 2014 | $3,051 | $42,900 | $0 | $0 |
| 2013 | $3,051 | $42,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anita Thomas
Seller's Agent in 2023
Anita Thomas
Re/Max Around The Lake
(205) 223-5642
1 in this area
56 Total Sales
-
Marilyn Seier
Buyer's Agent in 2023
Marilyn Seier
RealtySouth
(205) 531-0285
3 in this area
40 Total Sales
-
Max Bahos
Seller's Agent in 2016
Max Bahos
ARC Realty 280
(205) 492-9500
3 in this area
85 Total Sales
-
Mari Wohlfarth
Buyer's Agent in 2016
Mari Wohlfarth
RealtySouth
(205) 223-8561
2 in this area
114 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 1353467
APN: 28-00-35-3-000-001.008
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