NOT LISTED FOR SALE

508 Oak Trace Cir Birmingham, AL 35244

Estimated Value: $421,000 - $492,510

3 Beds
4 Baths
4,395 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $157,000 $36 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,764/month

127 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Attic
  • Trace Crossings Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Bonus Room

About This Home

As of July 2012

Great price for this basement home in Trace Crossings. The main level has large living room and dinning room. Full bath and large eat-in kitchen and office complete the main level. Upstairs there is a very large master bedroom with bath and walk in closet. The other two bedrooms share a Jack and Jill bath. The basement has a large bonus room with a full bath also. This home is in a great location - close to schools and shopping. Right of Redemption may apply.

Last Agent to Sell the Property

Diane Smith

Weichert Realtors, Lowe Realty License #000077451 Listed on: 01/23/2012

Co-Listed By

Jean Lowe

Lowe and Associates Realty Inc License #000022517

Last Buyer's Agent

Sherry Conde

Keller Williams Metro South

Keller Williams Metro South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,723

Year Built

  • 1994

Lot Details

  • 0.32

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage

Home Design

  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • 4,395 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-34-2-000-002.002

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,723

Year Built

1994

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Living Area: 4395
  • Legal Description: Lot 618 Trace Crossings Sixth Sector 27/50
  • List Price per Sq Ft: 35.78
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Fireplace Details: Insert
  • Fireplace Location: Living Room (FIREPL)
  • Floors: Carpet, Hardwood
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Jetted Tub, Linen Closet, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Office/Study, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Master Bedroom, On Level: 2
  • Room 7: Master Bath, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Bonus, On Level: B
  • Room 12: Full Bath, On Level: B
  • Basement Rooms: Bonus (LVL BSMT), Full Bath (LVL BSMT)
  • Rooms Level 1: Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Office/Study (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+), Master Bath (LVL 2+), Master Bedroom (LVL 2+)
  • Basement Style: Full Basement
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Upper Level Sq Ft: 4395

Exterior Features

  • Patio: Yes
  • Construction: EIFS
  • Foundation: Basement
  • Patio Type: Open (PATIO)
  • Pool: Yes
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 300
  • Association Fee Per: Yearly

Schools

  • Elementary School: TRACE CROSSINGS
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-34-2-000-002.002
  • Lot Description: Subdivision, Vacant Lot

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: HOOVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jun 6, 2012
Sold by
The Bank Of New York Mello
Bought by
Chukwujekwu Chukwunonso and Hyland Lorra L
Seller's Agent
Diane Smith
Weichert Realtors, Lowe Realty
Buyer's Agent
Sherry Conde
Keller Williams Metro South
List Price
$199,900
Sold Price
$157,000
Premium/Discount to List
-$42,900
-21.46%
Current Estimated Value
$461,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,128
Avg. Annual Appreciation
8.34%
Original Mortgage
$163,311
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2011
Sold by
Moore Clarence W
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 3, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Moore Clarence Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Davis Stephen P and Davis Debra L
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2001-2

Purchase Details

Closed on
May 1, 1998
Sold by
Rayborn Richard D and Rayborn Nicole G
Bought by
Davis Stephen P and Davis Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Chukwujekwu Chukwunonso $157,000 --
The Bank Of New York Mellon $223,200 None Available
Moore Clarence Wayne $207,000 Republic Title Insurance Age
Deutsche Bank National Trust Co $254,117 --
Davis Stephen P $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chukwujekwu Chukwunonso $190,000
Previous Owner Chukwujekwu Chukwunonso $163,311
Previous Owner Moore Clarence Wayne $40,000
Previous Owner Moore Clarence Wayne $196,650
Previous Owner Rayborn Richard Dwayne $226,800
Previous Owner Davis Stephen P $206,150
Previous Owner Rayborn Richard Dwayne $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $157,000 -21.5% $36 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $199,900 -- $45 / 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 $2,723 $39,440 -- --
2022 $2,096 $29,590 $7,400 $22,190
2021 $1,893 $26,790 $7,400 $19,390
2020 $1,849 $26,050 $7,400 $18,650
2019 $1,839 $26,060 $0 $0
2018 $1,701 $24,160 $0 $0
2017 $1,701 $24,160 $0 $0
2016 $1,701 $24,160 $0 $0
2015 $1,701 $24,160 $0 $0
2014 $1,747 $26,400 $0 $0
2013 $1,747 $26,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diane Smith

    Weichert Realtors, Lowe Realty

  • J

    Seller Co-Listing Agent in 2012

    Jean Lowe

    Lowe and Associates Realty Inc

    Section Image
  • Sherry Conde

    Buyer's Agent in 2012

    Sherry Conde

    Keller Williams Metro South

    (205) 937-1274

    1 in this area

    49 Total Sales

    Sherry Conde
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 521070

Greater Alabama MLS

APN: 39-00-34-2-000-002.002

Alabama Jefferson County Birmingham 35244

508 Oak Trace Cir, Birmingham, AL

This home is located at 508 Oak Trace Cir, Birmingham, AL 35244 since 23 January 2012 and is currently estimated at $461,128, approximately $104 per square foot. This property was built in 1994. 508 Oak Trace Cir is a home located in Jefferson County with nearby schools including Trace Crossings Elementary School, Robert F. Bumpus Middle School, and Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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