NOT LISTED FOR SALE

502 Lathrop Ave Birmingham, AL 35209

Estimated Value: $638,000 - $835,000

3 Beds
2 Baths
2,065 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $733,303 $355 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,493/month

Highlights

  • Covered Deck
  • Double Shower
  • Wood Flooring
  • Edgewood Elementary School Rated A+
  • Cathedral Ceiling
  • Attic

About This Home

As of June 2022

Cozy Cute Cottage begins to describe this beautiful home, however it is so much more. From the beautiful front porch to the mud room and covered back porch this home has it all. Custom Features are throughout. Large kitchen with custom cabinets, Viking Appliances and huge island, exposed beams and large brick fireplace in the great room, beautiful hardwoods and tile, large master bedroom with an office nook, large master bath with a double vanity, vessel tub and large shower, large master closet, 2 beautiful guest rooms, beautiful guest bath, a large laundry room. This home is sitting on a nice lot with a great garage in the back.

Last Agent to Sell the Property

Michael Thomason

ARC Realty Vestavia Listed on: 04/22/2022

ARC Realty Vestavia

Last Buyer's Agent

Barbara Wheeler

ARC Realty - Homewood

ARC Realty - Homewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,294

Year Built

  • Built in 1941

Lot Details

  • 1,742 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • HardiePlank Siding

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Ventless Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Double Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Outdoor Features

  • Covered Deck
  • Porch

Schools

  • Edgewood Elementary School
  • Homewood Middle School
  • Homewood High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-00-14-4-4-002-021.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,294

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: No
  • Living Area: 2065
  • Legal Description: lot 16 blk 1 Edgewood Gardens
  • List Price per Sq Ft: 355.11
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1941
  • Price Per Sq Ft: 355.11
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Interior Amenities: Recess Lighting, Split Bedroom
  • Fireplace Details: Ventless
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Double Shower, Linen Closet, Separate Shower, Separate Vanities, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |GreatRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|Laundry1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Ice Maker Built-In, Microwave Built-In, Refrigerator, Some Stainless Appl, Stove-Gas
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Main Level Sq Ft: 2065

Exterior Features

  • Construction: Brick Over Foundation, Siding-Hardiplank
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Crawl Space
  • Water Heater: Tankless

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Driveway Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 2065

Schools

  • Elementary School: EDGEWOOD
  • Middle School: HOMEWOOD
  • High School: HOMEWOOD

Lot Info

  • Assessor Parcel Number: 29-00-14-4-4-002-021.000
  • Number Acres: 0.04

Tax Info

  • Tax District: HOMEWOOD
  • Annual Tax: 6294

MLS Schools

  • Elementary School: EDGEWOOD
  • High School: HOMEWOOD
  • Jr Middle School: HOMEWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 17, 2022
Sold by
Whatley Jimmy L
Bought by
Braswell Caroline Wheeler and Braswell James Troy
Seller's Agent
Michael Thomason
ARC Realty Vestavia
Buyer's Agent
Barbara Wheeler
ARC Realty - Homewood
List Price
$733,303
Sold Price
$733,303
Current Estimated Value
$743,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,571
Avg. Annual Appreciation
-0.88%
Original Mortgage
$487,000
Outstanding Balance
$467,147
Interest Rate
5.23%
Mortgage Type
Mortgage Modification
Estimated Equity
$246,630

Purchase Details

Closed on
Mar 22, 2019
Sold by
Leonard Stephen H
Bought by
Whatley Jimmy L

Purchase Details

Closed on
Jun 28, 2000
Sold by
Leonard Willis B and Leonard Florence C
Bought by
Leonard Willis B and Leonard Florence C
Source: Public Records

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Range of Values:

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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
Braswell Caroline Wheeler $733,304 --
Whatley Jimmy L $295,000 --
Leonard Willis B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braswell James T $487,000
Closed Braswell Caroline Wheeler $533,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $733,303 0.0% $355 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $733,303 -- $355 / 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 $4,377 $59,300 -- --
2022 $6,294 $83,920 $56,000 $27,920
2021 $5,787 $77,160 $56,000 $21,160
2020 $4,703 $62,700 $43,800 $18,900
2019 $2,292 $61,100 $0 $0
2018 $0 $24,860 $0 $0
2017 $0 $23,500 $0 $0
2016 $0 $21,180 $0 $0
2015 $1,406 $21,180 $0 $0
2014 $1,575 $21,920 $0 $0
2013 $1,575 $21,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1341845

Greater Alabama MLS

APN: 29-00-14-4-002-021.000