NOT LISTED FOR SALE

4040 Somerset Ridge Birmingham, AL 35242

Estimated Value: $725,924 - $844,000

5 Beds
5 Baths
3,799 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 4040 Somerset Ridge, Birmingham, AL 35242 and is currently estimated at $791,981, approximately $208 per square foot. 4040 Somerset Ridge is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mountain Intermediate School, and Oak Mt. Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2011
Sold by
American International Relocation Solut
Bought by
Neely Ralph C and The Ralph C Neely Living Trust
Current Estimated Value
$791,981

Purchase Details

Closed on
Jan 7, 2011
Sold by
Kelley Richard G and Kelley Cheryl S
Bought by
American International Relocation Soluti

Purchase Details

Closed on
Aug 18, 1999
Sold by
Rose Harold R and Rose Nancie L
Bought by
Kelley Richard G and Kelley Cheryl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.25%

Purchase Details

Closed on
Apr 8, 1998
Sold by
Crystal Homes Inc
Bought by
Rose Harold R and Rose Nancie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.06%
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
Neely Ralph C $435,000 None Available
American International Relocation Soluti $435,000 None Available
Kelley Richard G $410,000 --
Rose Harold R $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Richard G $364,957
Previous Owner Kelley Richard G $267,000
Previous Owner Kelley Richard G $55,000
Previous Owner Kelley Richard G $360,000
Previous Owner Kelley Richard G $328,500
Previous Owner Kelley Richard G $15,000
Previous Owner Kelley Richard G $328,000
Previous Owner Rose Harold R $265,000
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 $2,812 $63,920 $0 $0
2023 $2,117 $61,440 $0 $0
2022 $2,006 $58,480 $0 $0
2021 $1,826 $53,700 $0 $0
2020 $1,690 $50,060 $0 $0
2019 $0 $53,760 $0 $0
2017 $1,602 $47,720 $0 $0
2015 -- $45,580 $0 $0
2014 $1,481 $44,500 $0 $0
Source: Public Records

Map

Alabama Shelby County Birmingham 35242

4040 Somerset Ridge, Birmingham, AL

This home is located at 4040 Somerset Ridge, Birmingham, AL 35242 and is currently estimated at $791,981, approximately $208 per square foot. 4040 Somerset Ridge is a home located in Shelby County with nearby schools including Inverness Elementary School, Oak Mountain Intermediate School, and Oak Mt. Middle School.

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