NOT LISTED FOR SALE

3061 Somerset Trace Birmingham, AL 35242

Estimated Value: $581,992 - $629,000

4 Beds
3.5 Baths
2,770 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $486,000 $175 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,469/month

Highlights

  • In Ground Pool
  • Lake Property
  • Clubhouse
  • Inverness Elementary School Rated A
  • Mountain View
  • Screened Deck

About This Home

As of August 2021

This beautiful brick home has been loved & well maintained. Located in the Brook Highland swim & tennis community w/4 BR's & 3.5 baths. Enter into a 2 story foyer & you will be wowed by the hardwood floors, arched openings elegant molding, coffered ceiling & more. To the right is a sitting room opened to the family room w/gas FP. The kitchen has an island perfect for serving guests, stainless appliances, gas stove, stone countertops, eating bar & breakfast area. Step onto the screened-in deck over looking the private wooded back area while reading your favorite book! Master BR has wood floors & trey ceiling & master bath has French doors, cathedral ceiling, separate tiled shower, separate vanities & jetted tub. Upstairs boasts BR's 2,3 & 4 & 2 full baths. Unfinished daylight basement has poured concrete walls, several tall windows & is already stubbed & framed to be finished. 2 car garage w/ tons of space! Welcome home!

Last Agent to Sell the Property

Lisa Perry

Keller Williams Realty Vestavia Listed on: 07/23/2021

Keller Williams Realty Vestavia

Last Buyer's Agent

Julie Morton

Keller Williams Realty Hoover

Keller Williams Realty Hoover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Ridge Vents on the Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Mountain Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 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
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Swimming Allowed
  • Lake Property
  • Screened Deck
  • Covered Patio or Porch

Schools

  • Inverness Elementary School
  • Oak Mountain Middle School
  • Oak Mountain High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common grounds mntc, management fee
  • Eddleman Properties Association, Phone Number (205) 871-9755

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1998

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1293159?w=PubMLS
  • Living Area: 2770
  • Legal Description: BROOK HIGHLAND 11TH SECTOR PHASE 2 LOT 1164
  • Intermed: OAK MOUNTAIN
  • List Price per Sq Ft: 171.84
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valley
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1998
  • Price Per Sq Ft: 175.45
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Amenities: Bay Window, French Doors, Recess Lighting
  • Fireplace Details: Gas Starter, Stone (FIREPL)
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |Living1|DiningRoom1|Den1|Kitchen1|BrkfastRM1|Laundry1|MasterBR1|MasterBath1|Bedroom2|FullBath2|Bedroom2|FullBath2|Bedroom3|HalfBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Den/Family, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Breakfast Room, On Level: 1
  • Room 6: Laundry, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bedroom, On Level: 3
  • Room 14: Half Bath, On Level: 1
  • Rooms Level 1: Breakfast Room (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Daylight Basement, Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Oven-Gas, Self-Cleaning, Some Stainless Appl, Stove-Gas
  • Kitchen Features: Breakfast Bar, Eating Area, Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Unfinished Basement Sq Ft: 1747
  • Main Level Sq Ft: 1747
  • Upper Level Sq Ft: 1023

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Screened (DECK)
  • Exterior Features: Sprinkler System
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Driveway Parking

Utilities

  • Heating: 3+ Systems (HEAT), Central (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2770

Condo/Co-op/Association

  • Amenities: Clubhouse, Private Lake, Sidewalks, Street Lights, Swimming Allowed, Tennis Courts
  • Association Fee: Yes
  • Association Fee: 220
  • Association Fee Per: Yearly
  • HOA Management Company: Eddleman Properties
  • Hoa Phone: 205-871-9755

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee
  • Fire Fee: Yes
  • Fire Fee Amount: 385
  • Fire Fee Per: Yearly
  • Garbage Fee: Yes
  • Garbage Fee Amount: 35
  • Garbage Fee Per: Quarterly
  • Library Fee: Yes
  • Library Fee Amount: 18
  • Library Fee Per: Yearly

Schools

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

Lot Info

  • Assessor Parcel Number: 03-9-30-0-002-001.135
  • Lot Description: Some Trees, Subdivision
  • Lot View: Yes
  • Lot View Type: Mountain View
  • Number Acres: 0.55

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Ridge Vent

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1260

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 26, 2021
Sold by
Grissom Jack E and Grissom Martha
Bought by
Simpson Chase M and Simpson Katherine
Seller's Agent
Lisa Perry
Keller Williams Realty Vestavia
Buyer's Agent
Julie Morton
Keller Williams Realty Hoover
List Price
$476,000
Sold Price
$486,000
Premium/Discount to List
$10,000
2.1%
Current Estimated Value
$604,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,748
Avg. Annual Appreciation
5.57%
Original Mortgage
$437,300
Outstanding Balance
$398,777
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$204,868

Purchase Details

Closed on
May 15, 1998
Sold by
M A Frazier Construction Co Inc
Bought by
Grissom Jack E and Grissom Martha

Purchase Details

Closed on
Dec 4, 1997
Sold by
Eddleman Properties Inc
Bought by
M A Frazier Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.38%
Mortgage Type
Construction
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
Simpson Chase M $486,000 None Available
Grissom Jack E $293,500 --
M A Frazier Construction Co Inc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Chase M $437,300
Previous Owner M A Frazier Construction Inc $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $486,000 +2.1% $175 / Sq Ft
07/23/2021 07/23/21 For Sale $476,000 -- $172 / 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 $1,877 $42,660 $0 $0
2023 $1,771 $41,180 $0 $0
2022 $1,708 $39,740 $0 $0
2021 $1,334 $35,960 $0 $0
2020 $1,260 $34,000 $0 $0
2019 $1,312 $35,380 $0 $0
2017 $1,194 $32,240 $0 $0
2015 $1,142 $30,840 $0 $0
2014 $1,124 $30,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1293159

Greater Alabama MLS

APN: 03-9-30-0-002-001-135