NOT LISTED FOR SALE

405 Michael Ln Mountain Brook, AL 35213

Estimated Value: $975,000 - $1,126,000

4 Beds
5 Baths
3,076 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $905,000 $294 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,303/month

Highlights

  • Wood Flooring
  • Attic
  • Play Room
  • Crestline Elementary School Rated A
  • Stone Countertops
  • Den with Fireplace

About This Home

As of May 2021

Wonderful, spacious and updated Crestline home! Fabulous close- in cul-de-sac with easy access to Crestline Village! This home has a great floor plan made for entertaining and perfect for everyday living. Open flow concept with large den, living room and dining room. Kitchen has custom cabinetry, gorgeous counter tops, high end appliances, large island and an eat- in nook! Spacious master with his and her closets and large updated bathroom. Second and third bedrooms are filled with natural light with large closets and a shared updated bath as well. Down the stairs, just off of the kitchen, you'll find a large finished basement currently used as play room and another bedroom and full bath. The 2 car tandem garage has storage galore! Plenty of room for a home gym or workshop in the garage. You will not believe all the space this home has to offer!

Last Agent to Sell the Property

Mimi Nolen

RealtySouth-MB-Cahaba Rd Listed on: 04/01/2021

RealtySouth-MB-Cahaba Rd

Last Buyer's Agent

Cathy Rogoff

ARC Realty Vestavia

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,429

Year Built

  • Built in 1960

Lot Details

  • 0.35

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Stone Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Natural lighting in basement

Schools

  • Crestline Elementary School
  • Mountain Brook Middle School
  • Mountain Brook High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Patio
  • 0.35 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 28-00-04-4-002-006.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,429

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 2558
  • Legal Description: DONNA LYNN ESTS 28-4-4 BK 38 PG 8 LOT 7
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: .
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Amenities: Recess Lighting, Wet Bar
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Den (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Concatenated Rooms: |Den1|DiningRoom1|Kitchen1|Living1|Laundry1|HalfBath1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|Play/RecB|HalfBathB|BedroomB|FullBathB|
  • Room 1: Den/Family, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Living, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Bedroom, On Level: 1
  • Room 10: Bedroom, On Level: 1
  • Room 11: Full Bath, On Level: 1
  • Room 12: Play/Rec, On Level: B
  • Room 13: Half Bath, On Level: B
  • Room 14: Bedroom, On Level: B
  • Room 15: Full Bath, On Level: B
  • Basement Rooms: Bedroom (LVL BSMT), Full Bath (LVL BSMT), Half Bath (LVL BSMT), Play/Rec (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Oven-Gas, Refrigerator, Some Stainless Appl
  • Kitchen Features: Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 518
  • Unfinished Basement Sq Ft: 2040
  • Main Level Sq Ft: 2558

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking, Off Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 3076

Lot Info

  • Assessor Parcel Number: 28-00-04-4-002-006.000
  • Number Acres: 0.35

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: MOUNTAIN BROOK
  • Annual Tax: 7429

MLS Schools

  • Elementary School: CRESTLINE
  • High School: MOUNTAIN BROOK
  • Jr Middle School: MOUNTAIN BROOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 14, 2021
Sold by
Graham Lisha Li
Bought by
Schaeffer Mark E and Schaeffer Sarah
Seller's Agent
Mimi Nolen
RealtySouth-MB-Cahaba Rd
Buyer's Agent
Cathy Rogoff
ARC Realty Vestavia
List Price
$849,900
Sold Price
$905,000
Premium/Discount to List
$55,100
6.48%
Current Estimated Value
$1,074,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,303
Avg. Annual Appreciation
3.76%
Original Mortgage
$175,000
Outstanding Balance
$158,346
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$915,957

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 25, 2014
Sold by
Newton Elizabeth
Bought by
Graham Lisha Li
Seller's Agent
Hunter Chapman
LAH Sotheby's International Realty Homewood
Buyer's Agent
Mimi Nolen
RealtySouth-MB-Cahaba Rd
List Price
$442,000
Sold Price
$452,000
Premium/Discount to List
$10,000
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$361,600
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Schwarz Sheri L and Lichter Stephen Mark
Bought by
Newton David and Newton Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2008
Sold by
Lichter Julian
Bought by
Lichter Julian and Anita S Lichter Management Trust
Source: Public Records
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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
Schaeffer Mark E $905,000 --
Graham Lisha Li $452,000 --
Newton David $348,000 None Available
Lichter Julian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Mark E $175,000
Open Schaeffer Mark E $450,000
Previous Owner Graham Lisha Li $361,600
Previous Owner Newton David $278,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $905,000 +6.5% $294 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $849,900 +352.1% $276 / Sq Ft
10/16/2016 10/16/16 Sold $188,000 -5.1% $99 / Sq Ft View Prior Sale
09/16/2016 09/16/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $198,000 -56.2% $104 / Sq Ft
04/25/2014 04/25/14 Sold $452,000 +2.3% $177 / Sq Ft View Prior Sale
04/04/2014 04/04/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $442,000 -- $173 / 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 $8,294 $76,580 -- --
2022 $8,547 $78,890 $48,000 $30,890
2021 $7,429 $68,640 $48,000 $20,640
2020 $7,429 $68,640 $48,000 $20,640
2019 $6,501 $68,640 $0 $0
2018 $5,442 $55,500 $0 $0
2017 $5,257 $53,640 $0 $0
2016 $5,556 $56,660 $0 $0
2015 $5,556 $47,100 $0 $0
2014 $3,548 $72,640 $0 $0
2013 $3,548 $36,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1279786

Greater Alabama MLS

APN: 28-00-04-4-002-006.000