NOT LISTED FOR SALE

2705 Gresham Dr Vestavia, AL 35243

Estimated Value: $1,057,909

4 Beds
3.5 Baths
3,171 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $776,114 $245 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,413/month

Highlights

  • Den with Fireplace
  • Wood Flooring
  • Attic
  • Vestavia Hills Elementary Dolly Ridge Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of July 2020

Custom 4 bedroom, 3 bath home with office. Includes main level parking and master as well as large screened porch with fireplace and a large dining porch outside. For comps.

Last Agent to Sell the Property

Jeff Newman

ARC Realty Vestavia Listed on: 04/10/2020

ARC Realty Vestavia

Last Buyer's Agent

Jeff Newman

ARC Realty Vestavia Listed on: 04/10/2020

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.71 Acre Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Log Fireplace
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Crawl Space
  • Walkup Attic

Kitchen

  • Double Oven
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower

Laundry

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • Association fees include common grounds mntc
  • Magnolia Woods HOA, Phone Number (205) 296-4488

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 28-00-28-3-000-018.005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Private Road
  • Living Area: 3171
  • Legal Description: GRESHAM WOODS SUB 28-28-3 BK 227 PG 2 LOT 3
  • House Plan: Custom Plan
  • List Price per Sq Ft: 244.75
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Under Construction
  • Year Built: 2020
  • Price Per Sq Ft: 244.75
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Gas Logs
  • Fireplace Location: Den (FIREPL), Outdoors
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Separate Shower, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |Kitchen1|GreatRoom1|MasterBR1|MasterBath1|DiningRoom1|Office2|Bedroom2|FullBath2|Bedroom2|FullBath2|Bedroom2|
  • Room 1: Kitchen, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Office/Study, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Office/Study (LVL 2+)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Double Oven
  • Kitchen Features: Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-Up
  • Main Level Sq Ft: 1978
  • Upper Level Sq Ft: 1193

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Date Construction Starts: 06/25/2020
  • Exterior Features: Fireplace, Sprinkler System
  • Foundation: Crawl Space, Slab
  • Patio Type: Covered - (PATIO), Screened (PATIO)
  • Water Heater: Tankless

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 3171

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 1200
  • Association Fee Per: Yearly
  • HOA Management Company: Magnolia Woods HOA
  • Hoa Phone: 205-296-4488

Fee Information

  • Fees Include: Common Grounds Mntc

Schools

  • Elementary School: VESTAVIA-DOLLY RIDGE
  • Middle School: PIZITZ
  • High School: VESTAVIA HILLS

Lot Info

  • Assessor Parcel Number: 28-00-28-3-000-018.005
  • Lot Description: Some Trees
  • Lot Number: 3
  • Number Acres: 0.71

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: VESTAVIA HILLS
  • Annual Tax: 1907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jul 3, 2020
Sold by
Byrom Building Corp
Bought by
Meherg Walter L and Meherg Joy E
Seller's Agent
Jeff Newman
ARC Realty Vestavia
Buyer's Agent
Jeff Newman
ARC Realty Vestavia
List Price
$776,114
Sold Price
$776,114
Current Estimated Value
$1,057,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,795
Avg. Annual Appreciation
6.02%
Original Mortgage
$758,600
Outstanding Balance
$673,924
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$383,985

Purchase Details

Closed on
Apr 16, 2012
Sold by
Gresham Woods Llc
Bought by
Byrom Building Corp
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
Meherg Walter L $136,500 --
Byrom Building Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meherg Walter L $758,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2020 07/03/20 Sold $776,114 0.0% $245 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $776,114 -- $245 / 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 $8,650 $93,980 -- --
2022 $6,788 $73,880 $20,600 $53,280
2021 $3,360 $36,270 $20,600 $15,670
2020 $1,908 $20,600 $20,600 $0
2019 $1,908 $20,600 $0 $0
2018 $1,908 $20,600 $0 $0
2017 $1,908 $20,600 $0 $0
2016 $1,908 $20,600 $0 $0
2015 $1,908 $20,600 $0 $0
2014 $516 $20,600 $0 $0
2013 $516 $20,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 888113

Greater Alabama MLS

APN: 28-00-28-3-000-018.005