NOT LISTED FOR SALE

3031 Somerset Trace Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $563,772 - $738,000

-- Bed
4 Baths
2,615 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 3031 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $648,943, approximately $248 per square foot. 3031 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
Mar 31, 2003
Sold by
Mehta Yogesh and Mehta Tejal
Bought by
Mehta Yogesh and Mehta Tejal
Current Estimated Value
$648,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.82%

Purchase Details

Closed on
Mar 7, 2003
Sold by
Dodge N P
Bought by
Mehta Yogesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.82%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bowman Larry R and Bowman Lisa H
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.82%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Toxey Construction Co Inc
Bought by
Bowman Larry R and Bowman Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.92%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mehta Yogesh $500 --
Mehta Yogesh $332,000 --
Dodge N P $500 --
Bowman Larry R $302,000 Cahaba Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Yogesh $200,000
Closed Mehta Yogesh $75,000
Closed Mehta $50,000
Closed Mehta Yogesh $286,000
Closed Mehta Yogesh $300,000
Closed Mehta Yogesh $217,000
Closed Mehta Yogesh $265,600
Previous Owner Bowman Larry R $226,500
Previous Owner Toxey Construction Company Inc $242,000
Closed Bowman Larry R $45,300
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 $1,965 $45,600 $0 $0
2023 $1,898 $44,060 $0 $0
2022 $1,828 $42,480 $0 $0
2021 $1,665 $38,780 $0 $0
2020 $1,581 $36,860 $0 $0
2019 $1,654 $38,520 $0 $0
2017 $1,524 $35,560 $0 $0
2015 $1,453 $33,960 $0 $0
2014 $1,536 $35,840 $0 $0
Source: Public Records

Map

Alabama Shelby County Birmingham 35242 North Shelby County

3031 Somerset Trace, Birmingham, AL

Homes for Sale in Birmingham, AL

This home is located at 3031 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $648,943, approximately $248 per square foot. 3031 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.

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.

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