NOT LISTED FOR SALE

3111 Somerset Trace Birmingham, AL 35242

Estimated Value: $701,011 - $773,000

-- Bed
4 Baths
3,824 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 3111 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $737,003, approximately $192 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
$755,118

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
Source: Public Records

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
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

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 $2,625 $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

Alabama Shelby County Birmingham 35242

3111 Somerset Trace, Birmingham, AL

This home is located at 3111 Somerset Trace, Birmingham, AL 35242 and is currently estimated at $737,003, approximately $192 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.

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