NOT LISTED FOR SALE

3011 Somerset Trace Birmingham, AL 35242

Estimated Value: $597,369 - $698,000

-- Bed
3 Baths
2,969 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 3011 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $666,342, approximately $224 per square foot. 3011 Somerset Trace is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mt. Intermediate School, and Oak Mt. Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2002
Sold by
Whitney David N and Whitney Janet R
Bought by
Davies Jon L and Davies Gina C
Current Estimated Value
$667,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 1998
Sold by
N J T Homes Inc
Bought by
Whitney David N and Whitney Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.61%

Purchase Details

Closed on
May 4, 1998
Sold by
Eddleman Properties Inc
Bought by
N J T Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.03%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Davies Jon L $350,000 --
Whitney David N $297,500 --
N J T Homes Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Jon J $225,000
Closed Davies Jon L $295,000
Closed Davies Jon L $256,300
Closed Davies Jon L $57,500
Closed Davies Jon L $19,000
Closed Davies Jon L $276,000
Closed Whitney David N $60,000
Closed Whitney David N $215,000
Previous Owner N J T Homes Inc $238,000
Source: Public Records

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 $2,108 $47,900 $0 $0
2023 $1,998 $46,340 $0 $0
2022 $1,924 $44,660 $0 $0
2021 $1,750 $40,700 $0 $0
2020 $1,659 $38,640 $0 $0
2019 $1,740 $40,480 $0 $0
2017 $1,602 $37,340 $0 $0
2015 $1,527 $35,640 $0 $0
2014 $1,503 $35,100 $0 $0
Source: Public Records

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