NOT LISTED FOR SALE

5220 Summerset Way Bessemer, AL 35022

Estimated Value: $215,000 - $290,000

5 Beds
3 Baths
1,525 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 5220 Summerset Way, Bessemer, AL 35022 and is currently estimated at $264,000, approximately $173 per square foot. 5220 Summerset Way is a home located in Jefferson County with nearby schools including Mcadory Middle School, Mcadory High School, and Bessemer Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2011
Sold by
Housing And Urban Developm
Bought by
Russell Karen and Russell Brion
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,977
Outstanding Balance
$90,815
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$178,185

Purchase Details

Closed on
Dec 15, 2010
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 7, 2010
Sold by
Nelson David and Nelson Sabrina
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 15, 2008
Sold by
Wells Fargo Bank Na
Bought by
Nelson David and Nelson Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,651
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2008
Sold by
Osborne Anita
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 26, 2004
Sold by
Camerlane Llc
Bought by
Osborne Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Russell Karen $127,800 --
The Secretary Of Housing & Urban Develop -- None Available
Citimortgage Inc $194,759 None Available
Nelson David $172,000 None Available
Wells Fargo Bank Na $157,527 None Available
Osborne Anita $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Karen $128,977
Previous Owner Nelson David $170,651
Previous Owner Osborne Anita $147,200
Closed Osborne Anita $36,800
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 $1,360 $29,920 -- --
2022 $1,254 $26,080 $4,800 $21,280
2021 $1,060 $22,210 $4,800 $17,410
2020 $1,179 $20,420 $4,800 $15,620
2019 $933 $19,680 $0 $0
2018 $921 $19,440 $0 $0
2017 $902 $19,060 $0 $0
2016 $910 $19,220 $0 $0
2015 $869 $18,400 $0 $0
2014 $1,047 $18,220 $0 $0
2013 $1,047 $18,220 $0 $0
Source: Public Records

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