NOT LISTED FOR SALE

507 Rumson Rd Unit 18A Birmingham, AL 35209

Estimated Value: $557,000

0.27 Acre
$2,062,963 Price per Acre
11,761 Sq Ft Lot

Last Sold August 02, 2023

Last sale price $440,000

Est. 27% increase in value since last sale

Current estimated payment $3,426/month

15 Days on Market

About This Lot

As of August 2023

WOW – 2 LOTS IN HOLLYWOOD FOR UNDER $900,000!! You can either have one large lot ( .56 acre) or 2 lots!! Builders – 2 lots!! This listing is for 501 Rumson Road (.29 Acres) & 507 Rumson Road (.27 Acres) together ( total for both lots is .56 acres). 501 Rumson Road is also for sale as an individual lot for $475,000(MLS 1346875). HAVING TROUBLE FINDING A HOUSE IN HOMEWOOD?? NO PROBLEM – BUILD YOUR DREAM HOME! Check out this Awesome DOUBLE 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. This section of Rumson is one way, so low traffic on the street. Hollywood is one of the most desirable neighborhoods in Homewood!! Hollywood is WALKABLE & has larger lots that give you some space between you & your neighbors!

Last Agent to Sell the Property

Melvin Upchurch

LIST Birmingham Listed on: 05/26/2023

Last Buyer's Agent

Guy Bradley

LAH - Homewood

LAH - Homewood

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,357

Lot Details

  • 0.27 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 28-00-17-2-011-007.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,357

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 18A + 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: 28-00-17-2-011-007.000
  • Lot Description: Corner Lot
  • Number Acres: 0.27
  • Zoning: Residential
  • Best Use Per Zone: Residential
  • Improvements: Curb & Gutters, Sidewalks
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 18A

Tax Info

  • Tax District: Homewood
  • Annual Tax: 3357

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

Closed on
Mar 21, 2025
Sold by
507 Rumson Llc
Bought by
Seay Norman Winn and Seay Theresa
Current Estimated Value
$557,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,497,470
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2025
Sold by
507 Rumson Llc
Bought by
Seay Norman Winn and Seay Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,497,470
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 2, 2023
Sold by
Colfer Llc
Bought by
507 Rumson Llc
Seller's Agent
Melvin Upchurch
LIST Birmingham
Buyer's Agent
Guy Bradley
LAH - Homewood
List Price
$899,900
Sold Price
$440,000
Premium/Discount to List
-$459,900
-51.11%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$827,964
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2018
Sold by
Rumore
Bought by
Colfer Llc

Purchase Details

Closed on
Jul 26, 2018
Sold by
Rumore Joseph John
Bought by
Colfer Llc
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
Seay Norman Winn $1,647,207 --
Seay Norman Winn $1,647,207 None Listed On Document
507 Rumson Llc $440,000 None Listed On Document
Colfer Llc $643,500 --
Colfer Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seay Norman Winn $1,500,000
Previous Owner 507 Rumson Llc $827,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Price Changed $440,000 0.0% --
08/02/2023 08/02/23 Sold $440,000 -51.1% --
05/26/2023 05/26/23 For Sale $899,900 -- --
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 $4,025 $97,580 $97,580 --
2022 $3,342 $44,560 $44,560 $0
2021 $3,342 $44,560 $44,560 $0
2020 $3,342 $44,560 $44,560 $0
2019 $3,009 $72,920 $0 $0
2018 $3,181 $43,360 $0 $0
2017 $3,256 $44,360 $0 $0
2016 $3,069 $41,860 $0 $0
2015 $3,970 $53,880 $0 $0
2014 $3,558 $51,120 $0 $0
2013 $3,558 $51,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1355099

Greater Alabama MLS

APN: 28-00-17-2-011-007.000