NOT LISTED FOR SALE

417 Mccormack Way Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $1,224,000 - $1,520,000

6 Beds
7 Baths
8,800 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $960,000 $109 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,619/month

About This Home

As of October 2016

Over the TOP!! Custom home, Totally redone inside and out! Open Iron doors to soaring 2 story Foyer, Study w/birch paneling, custom molding fireplace. Lge Dining Rm w/exquisite molding, chandelier. Family Rm w/wall of windows, Limestone Fireplace. Grand Piano Platform w/vaulted ceiling! Chef's Kitchen w/supersized granite island/bar stools, 6 burner gas cooktop & grill w/ Brick archway, SS appl., Huge Pantry, Private Desk Office w/windows, Large Breakfast Rm w/diamond cut transoms & bench seating. Hearth Rm. w/vaulted ceiling, custom Fireplace, Grand Master Ste w/fireplace, Roman style Bath! Upstairs: 4 Oversized Bedrooms w/ 4 Full Baths! (one Master Ste layout) Daylight basement w/Media Rm, Kitchen w/granite island/bar, Game Rm,Den area, Bedroom, Full Bath, Office/exercise rm. Home is in immaculate condition and has designer features thruout incl. lighting, fixtures, paint, molding, exquisite granite. New roof & Gutters, new HVAC's, ML & BSMT Garage EXQUISITE!! Professional Landscape

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 28, 2016
Sold by
Coe Barbara J Harris and Coe Richard
Bought by
Whitman Raymond and Whitman Nancy Jo
Seller's Agent
Janice Folmar
ARC Realty 280
Buyer's Agent
Mike Green
Keller Williams Realty Hoover
List Price
$1,050,000
Sold Price
$960,000
Premium/Discount to List
-$90,000
-8.57%
Current Estimated Value
$1,397,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,332
Avg. Annual Appreciation
4.45%
Original Mortgage
$860,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 26, 2014
Sold by
Rains Hal M and Rains Lisa M
Bought by
Harris Coe Barbara J
Seller's Agent
Julie Kim
RealtySouth-Inverness Office
Buyer's Agent
Janice Folmar
ARC Realty 280
List Price
$849,000
Sold Price
$690,000
Premium/Discount to List
-$159,000
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%

Purchase Details

Closed on
Jul 3, 2002
Sold by
H P H Properties Inc
Bought by
Rains Hal M and Rains Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Whitman Raymond $960,000 None Available
Harris Coe Barbara J $690,000 None Available
Rains Hal M $932,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitman Raymond $715,500
Closed Whitman Raymond $860,000
Previous Owner Harris Barbara J $250,000
Previous Owner Rains H Montgomery $280,000
Previous Owner Rains Hal M $139,000
Previous Owner Rains Hal M $767,050
Previous Owner Rains Hal M $120,000
Previous Owner Rains Hal M $746,000
Previous Owner H P H Properties Inc $637,500
Closed Rains Hal M $92,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $960,000 -8.6% $136 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $1,050,000 +52.2% $149 / Sq Ft
03/27/2014 03/27/14 Sold $690,000 -18.7% --
10/11/2013 10/11/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $849,000 -- --

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 $8,355 $125,640 $0 $0
2023 $7,677 $128,200 $0 $0
2022 $6,489 $108,400 $0 $0
2021 $5,855 $97,840 $0 $0
2020 $5,472 $0 $0 $0
2019 $5,619 $93,900 $0 $0
2017 $6,383 $96,600 $0 $0
2015 $6,130 $92,800 $0 $0
2014 $6,114 $92,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Folmar

    Seller's Agent in 2016

    Janice Folmar

    ARC Realty 280

    (205) 313-8541

    77 in this area

    93 Total Sales

    Janice Folmar
    Section Image
  • Mike Green

    Buyer's Agent in 2016

    Mike Green

    Keller Williams Realty Hoover

    (205) 705-5087

    4 in this area

    41 Total Sales

    Mike Green
    Section Image
  • Julie Kim

    Seller's Agent in 2014

    Julie Kim

    RealtySouth

    (205) 222-9000

    88 in this area

    131 Total Sales

    Julie Kim
    Section Image
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Map

Alabama Shelby County Birmingham 35242 North Shelby County

417 Mccormack Way, Birmingham, AL

This home is located at 417 Mccormack Way, Birmingham, AL 35242 and is currently estimated at $1,397,332, approximately $158 per square foot. 417 Mccormack Way is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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