5016 Melrose Way Birmingham, AL 35226
Ross Bridge NeighborhoodEstimated Value: $291,000 - $324,000
3
Beds
2
Baths
1,382
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 5016 Melrose Way, Birmingham, AL 35226 and is currently estimated at $306,136, approximately $221 per square foot. 5016 Melrose Way is a home located in Jefferson County with nearby schools including Deer Valley Elementary School, Robert F. Bumpus Middle School, and Hoover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2011
Sold by
Lovoy Steve P
Bought by
Zhang Daohui and Cai Ying
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$55,842
Interest Rate
4.06%
Mortgage Type
Commercial
Estimated Equity
$238,184
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Daohui | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Daohui | $80,000 | |
| Previous Owner | Lovoy Steve Pat | $179,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,951 | $28,740 | -- | -- |
| 2022 | $1,689 | $23,990 | $7,000 | $16,990 |
| 2021 | $1,470 | $20,980 | $7,000 | $13,980 |
| 2020 | $1,410 | $20,020 | $7,000 | $13,020 |
| 2019 | $1,331 | $19,060 | $0 | $0 |
| 2018 | $1,151 | $16,580 | $0 | $0 |
| 2017 | $1,123 | $16,200 | $0 | $0 |
| 2016 | $1,082 | $15,640 | $0 | $0 |
| 2015 | $1,082 | $15,640 | $0 | $0 |
| 2014 | $1,008 | $14,540 | $0 | $0 |
| 2013 | $1,008 | $14,540 | $0 | $0 |
Source: Public Records
Map
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