NOT LISTED FOR SALE

420 Michael Ln Mountain Brook, AL 35213

Estimated Value: $770,000 - $1,969,000

3 Beds
2.5 Baths
1,712 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $325,000 $190 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $8,373/month

278 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Attic
  • Den
  • Crestline Elementary School Rated A
  • Play Room
  • Separate Outdoor Workshop

About This Home

As of August 2016

Many of the homes on Michael Lane are either newly renovated or have undergone full redevelopment as "New Homes." This quaint 3 BR, 2 1/2 BA home also offers: 2 Family Rooms upstairs & downstairs, Living Room/Dining Room, kitchen and 2 car garage. Some TLC, coupled with a little imagination and creativity and this home could be the perfect location for any proud homeowner. For those buyers looking to "Build Their Dream House" this gently sloping lot offers many fun architectural design options. A large downstairs family room would be perfect in this location.

Last Agent to Sell the Property

Joe Cox

Surplus Realty, LLC Listed on: 09/14/2015

Last Buyer's Agent

Joe Cox

Surplus Realty, LLC Listed on: 09/14/2015

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • 0.42

Parking

  • 1 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Play Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Vanities

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2800044002013.000

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1712
  • Legal Description: Brown & Lacy Sub 28-4-4, Twn: 18, Rng: 02, Sec: 04, Block: 002 Lot: 013.000
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Amenities: Handiman Special, Security System, Workshop (EXT)
  • Floors: Subflooring
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Separate Vanities
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Den1|Kitchen1|DiningRoom1|MasterBR1|Play/Rec1|Bedroom1|Bedroom1|
  • Room 1: Living, On Level: 1
  • Room 2: Den/Family, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Play/Rec, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bedroom (LVL 1), Play/Rec (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Poured Concrete Walls, Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Basement Area
  • Attic: Yes
  • Attic Type: Pull-Down
  • Basement Finished Sq Ft: 200
  • Unfinished Basement Sq Ft: 1512
  • Main Level Sq Ft: 1712

Exterior Features

  • Construction: 4 Side Brick
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Total Garage Spaces: 1
  • Parking Features: Basement Parking, Driveway Parking, Lower Level

Utilities

  • Heating: Central (HEAT), Gas Heat
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Fee Information

  • Fire Fee: Included
  • Garbage Fee: Included
  • Library Fee: Included

Lot Info

  • Assessor Parcel Number: 2800044002013.000

Tax Info

  • Tax District: BIRMINGHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Cate Matthew
Bought by
Graham Lisha L
Current Estimated Value
$1,392,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$712,239
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$680,290

Purchase Details

Listed on
Sep 14, 2015
Closed on
Aug 16, 2016
Sold by
Oztekin E Kent
Bought by
Cate Matthew and Cate Julie
Seller's Agent
Joe Cox
Surplus Realty, LLC
Buyer's Agent
Joe Cox
Surplus Realty, LLC
List Price
$475,000
Sold Price
$325,000
Premium/Discount to List
-$150,000
-31.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$276,250
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graham Lisha L $1,200,000 --
Cate Matthew $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Lisha L $800,000
Previous Owner Cate Matthew $276,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $325,000 -31.6% $190 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $475,000 -- $277 / 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 $13,193 $121,520 -- --
2022 $12,992 $119,680 $48,000 $71,680
2021 $11,013 $101,510 $48,000 $53,510
2020 $11,013 $101,510 $48,000 $53,510
2019 $9,760 $101,520 $0 $0
2018 $7,275 $74,020 $0 $0
2017 $3,159 $32,440 $0 $0
2016 $4,469 $45,680 $0 $0
2015 $4,408 $45,060 $0 $0
2014 $3,579 $36,640 $0 $0
2013 $3,579 $36,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joe Cox

    Surplus Realty, LLC

    (205) 541-5861

    1 in this area

    14 Total Sales

    Joe Cox
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 729545

Greater Alabama MLS

APN: 28-00-04-4-002-013.000

Alabama Jefferson County Mountain Brook 35213

420 Michael Ln, Mountain Brook, AL

Not Listed for Sale

Detached

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