NOT LISTED FOR SALE

509 Pine Ridge Trail Unit 2 Birmingham, AL 35213

Estimated Value: $2,912,000 - $3,615,000

0.95 Acre
$3,392,151 Price per Acre
41,382 Sq Ft Lot

Last Sold August 12, 2013

Last sale price $385,000

Est. 737% increase in value since last sale

Current estimated payment $20,151/month

67 Days on Market

About This Lot

As of August 2013

Private lot on a cul-de-sac. This doesn't come around often in Crestline.

Last Agent to Sell the Property

Katherine Cox

RealtySouth-MB-Cahaba Rd Listed on: 05/06/2013

RealtySouth-MB-Cahaba Rd

Co-Listed By

Katherine Allison

RealtySouth-MB-Cahaba Rd

Last Buyer's Agent

Gayle Morgan

Relfe-Welden

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,736

Year Built

  • 2015

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac
  • Few Trees

Schools

  • Crestline Elementary School
  • Mountain Brook Middle School
  • Mountain Brook High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-04-4-002-034.000

Property Details

Property Type

Land

Est. Annual Taxes

$24,736

Year Built

2015

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Additional Information: Survey Available
  • Legal Description: LOTS 2 PINE RIDGE TRAIL PINE RIDGE TRAIL 1ST ADD 134/71
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

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

Schools

  • Elementary School: CRESTLINE
  • Middle School: MOUNTAIN BROOK
  • High School: MOUNTAIN BROOK

Lot Info

  • Assessor Parcel Number: 28-04-4-002-034.000
  • Lot Description: Cul-De-Sac, Some Trees
  • Number Acres: 0.95
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • List Price per Acre: 405220.5
  • Lot Description Type: Entire Parcel Only
  • Surrounding Area: Residential
  • Unit/Lot Number: 2

Tax Info

  • Tax District: Mountain Brook

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: CRESTLINE
  • High School: MOUNTAIN BROOK
  • Jr Middle School: MOUNTAIN BROOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2018
Sold by
Michael Wheless
Bought by
Orr Coby and Orr Rhonda
Total Days on Market
67
Current Estimated Value
$3,222,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,916,000
Outstanding Balance
$1,698,271
Interest Rate
4.51%
Estimated Equity
$1,583,820

Purchase Details

Closed on
May 31, 2018
Sold by
Wheless Michael
Bought by
Orr Coby and Orr Rhonda

Purchase Details

Closed on
Apr 20, 2016
Sold by
Wheless Michael
Bought by
Wheless Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 12, 2013
Sold by
Eagan John Thomas
Bought by
Wheless Michael and Wheless Mary
Seller's Agent
Katherine Cox
RealtySouth-MB-Cahaba Rd
Buyer's Agent
Gayle Morgan
Relfe-Welden
List Price
$465,000
Sold Price
$385,000
Premium/Discount to List
-$80,000
-17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.88%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Thompson Netagene R
Bought by
Eagan John Thomas and Eagan Kendall E
Source: Public Records

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
Orr Coby $2,395,000 --
Orr Coby $2,395,000 --
Wheless Michael -- --
Wheless Michael -- --
Wheless Michael $385,000 --
Eagan John Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orr Coby $1,916,000
Closed Orr Coby --
Closed Orr Coby $1,916,000
Previous Owner Wheless Michael $828,000
Previous Owner Wheless Michael $535,000
Previous Owner Wheless Michael E $1,000,000
Closed Eagan John Thomas $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2013 08/12/13 Sold $385,000 -17.2% --
07/12/2013 07/12/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $465,000 -- --
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 $24,736 $227,420 -- --
2022 $20,927 $192,480 $59,370 $133,110
2021 $20,927 $192,480 $59,370 $133,110
2020 $20,927 $192,480 $59,370 $133,110
2019 $18,808 $192,480 $0 $0
2018 $14,825 $160,560 $0 $0
2017 $15,678 $158,900 $0 $0
2016 $18,888 $191,320 $0 $0
2015 $25,473 $257,300 $0 $0
2014 -- $194,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 562855

Greater Alabama MLS

APN: 28-00-04-4-002-034.001