NOT LISTED FOR SALE

517 Lake Colony Dr Vestavia, AL 35242

Cahaba Heights Neighborhood

Estimated Value: $739,197 - $958,000

4 Beds
5 Baths
4,436 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 517 Lake Colony Dr, Vestavia, AL 35242 and is currently estimated at $838,799, approximately $189 per square foot. 517 Lake Colony Dr is a home located in Jefferson County with nearby schools including Vestavia Hills Elementary Liberty Park, Liberty Park Middle School, and Vestavia Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 1999
Sold by
Newton Ridgeway Albert Lynn
Bought by
West Bryan M and West Lora Lee
Current Estimated Value
$838,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$95,296
Interest Rate
7%
Estimated Equity
$743,503

Purchase Details

Closed on
May 28, 1998
Sold by
Haynie & Son Homebuilders Inc
Bought by
Ridgeway Albert Lynn and Ridgeway Melissa Newton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.37%

Purchase Details

Closed on
Oct 16, 1997
Sold by
Liberty Park Joint Venture
Bought by
Haynie & Son Homebuilders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
West Bryan M $428,750 --
Ridgeway Albert Lynn $392,000 --
Haynie & Son Homebuilders Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Bryan M $343,000
Previous Owner Ridgeway Albert Lynn $313,600
Previous Owner Haynie & Son Homebuilders Inc $262,000
Closed Ridgeway Albert Lynn $32,000
Source: Public Records

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 $5,281 $62,000 -- --
2022 $4,996 $54,520 $13,500 $41,020
2021 $4,866 $53,110 $13,500 $39,610
2020 $4,734 $51,700 $16,340 $35,360
2019 $5,129 $55,960 $0 $0
2018 $4,805 $52,460 $0 $0
2017 $4,768 $52,060 $0 $0
2016 $4,570 $49,920 $0 $0
2015 $4,570 $49,920 $0 $0
2014 $4,504 $48,380 $0 $0
2013 $4,504 $48,380 $0 $0
Source: Public Records

Map

Alabama Jefferson County Vestavia 35242 Cahaba Heights

517 Lake Colony Dr, Vestavia, AL

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