NOT LISTED FOR SALE

3071 Somerset Trace Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $623,000 - $774,000

-- Bed
3 Baths
3,314 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 3071 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $690,333, approximately $208 per square foot. 3071 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
Jun 1, 1999
Sold by
Douglas Dennis D and Douglas Malia M
Bought by
Hoffman William F and Hoffman Sue W
Current Estimated Value
$690,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,400
Interest Rate
6.94%

Purchase Details

Closed on
Nov 12, 1997
Sold by
M A Frazier Construction Co Inc
Bought by
Douglas Dennis D and Douglas Malia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
7.27%

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

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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
Hoffman William F $316,000 --
Douglas Dennis D $291,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman One William F $304,800
Closed Hoffman Sue W $82,000
Closed Hoffman Rick $42,000
Closed Hoffman William $283,000
Closed Hoffman William F $56,000
Closed Hoffman William F $284,400
Previous Owner Douglas Dennis D $261,900
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 $2,163 $50,080 $0 $0
2023 $2,092 $48,480 $0 $0
2022 $1,993 $46,220 $0 $0
2021 $1,831 $42,540 $0 $0
2020 $1,718 $39,980 $0 $0
2019 $1,835 $42,640 $0 $0
2017 $1,697 $39,500 $0 $0
2015 $1,617 $37,680 $0 $0
2014 $1,591 $37,080 $0 $0
Source: Public Records

Map

Alabama Shelby County Birmingham 35242 North Shelby County

3071 Somerset Trace, Birmingham, AL

Homes for Sale in Birmingham, AL

This home is located at 3071 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $690,333, approximately $208 per square foot. 3071 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.

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