NOT LISTED FOR SALE

501 Rumson Rd Unit A-1 Homewood, AL 35209

Estimated Value: $523,476

0.29 Acre
$1,805,090 Price per Acre
12,632 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $460,000

Est. 14% increase in value since last sale

Current estimated payment $3,261/month

100 Days on Market

About This Lot

As of July 2023

HAVING TROUBLE FINDING A HOUSE IN HOMEWOOD?? NO PROBLEM – BUILD YOUR DREAM HOME! Check out this Awesome CORNER Lot on an amazing street in HOLLYWOOD! SIDEWALKS ALL THE WAY TO SHADES CAHABA ELEMENTARY! There is a sewer connection on the property and all the other utilities easily connected including underground power lines! The lot is elevated giving you the opportunity to build a house with a view & a commanding presence ( Check out the corner lot home under construction one block away at Rumson & Yorkshire). This section of Rumson is one way, so low traffic on the street. Hollywood is WALKABLE & has larger lots that give you some space between you & your neighbors! This lot may be purchased with the adjacent lot ( 507 Rumson – MLS 1355099) for a total price of $899,900. The total for both lots .56 acres.

Last Listed By

Melvin Upchurch

LIST Birmingham Listed on: 03/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,576

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Schools

  • Shades Cahaba Elementary School
  • Homewood Middle School
  • Homewood High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-00-17-2-011-007.001

Property Details

Property Type

Land

Est. Annual Taxes

$3,576

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Down Payment Assistance: No
  • Legal Description: SMITH RUMSON RD RESUR BK 248 PG 33 LOT A1
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

  • Sewer/Septic System: Sewer Available
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Sewer, Water

Schools

  • Elementary School: SHADES CAHABA
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 28-00-17-2-011-007.001
  • Lot Description: Corner Lot
  • Number Acres: 0.29
  • Zoning: Residential
  • Best Use Per Zone: Residential
  • Improvements: Curb & Gutters, Sidewalks
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: A1

Tax Info

  • Tax District: Homewood
  • Annual Tax: 3576

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: SHADES CAHABA
  • High School: HOMEWOOD
  • Jr Middle School: HOMEWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jul 24, 2023
Sold by
Colfer Llc
Bought by
Yoder Stephen A and Yoder Louise W
Seller's Agent
Melvin Upchurch
LIST Birmingham
Buyer's Agent
Stephanie Robinson
RealtySouth-MB-Cahaba Rd
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Total Days on Market
100
Views
101
Current Estimated Value
$523,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,476
Avg. Annual Appreciation
4.05%

Range of Values:

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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
Yoder Stephen A $460,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoder Stephen A $1,687,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $460,000 -3.2% --
05/25/2023 05/25/23 Price Changed $475,000 -5.0% --
03/01/2023 03/01/23 For Sale $499,900 -- --
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 $4,306 $90,380 $90,380 --
2022 $3,576 $47,680 $47,680 $0
2021 $3,576 $47,680 $47,680 $0
2020 $3,576 $47,680 $47,680 $0
2019 $3,009 $76,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1346875

Greater Alabama MLS

APN: 28-00-17-2-011-007.001