3111 Somerset Trace Birmingham, AL 35242
North Shelby County NeighborhoodEstimated Value: $692,087 - $779,000
--
Bed
4
Baths
3,824
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 3111 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $744,772, approximately $194 per square foot. 3111 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
Jan 3, 2000
Sold by
Meadows Danial G and Meadows Kathleen K
Bought by
Patel Dilipkumar M and Patel Niranjana D
Current Estimated Value
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
8.29%
Purchase Details
Closed on
Jun 1, 1998
Sold by
Denman Construction Co Inc
Bought by
Meadows Danial G and Meadows Kathleen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.15%
Purchase Details
Closed on
Jan 29, 1998
Sold by
Eddleman Properties Inc
Bought by
Denman 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
$225,000
Interest Rate
7.07%
Mortgage Type
Construction
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Patel Dilipkumar M | -- | -- | |
Meadows Danial G | $290,000 | -- | |
Denman Construction Co Inc | $50,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Patel Dilipkumar M | $280,000 | |
Closed | Patel Dilipkumar M | $100,000 | |
Closed | Patel Dilipkumar M | $189,000 | |
Previous Owner | Patel Dilipkumar M | $235,000 | |
Previous Owner | Meadows Danial G | $50,000 | |
Previous Owner | Meadows Danial G | $227,000 | |
Previous Owner | Denman Construction Co Inc | $225,000 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $59,660 | $0 | $0 |
2023 | -- | $58,520 | $0 | $0 |
2022 | $0 | $55,040 | $0 | $0 |
2021 | $0 | $49,880 | $0 | $0 |
2020 | $0 | $47,200 | $0 | $0 |
2019 | $0 | $49,840 | $0 | $0 |
2017 | $0 | $43,980 | $0 | $0 |
2015 | $1,803 | $41,920 | $0 | $0 |
2014 | $1,774 | $41,240 | $0 | $0 |
Source: Public Records
Map
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