NOT LISTED FOR SALE

5225 Memory Ln Mount Olive, AL 35117

Estimated Value: $212,000 - $285,000

3 Beds
2.5 Baths
1,634 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $222,000 $136 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,459/month

Highlights

  • Covered Deck
  • Den with Fireplace
  • Recessed Lighting
  • Attic
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2022

Charming and Well Maintained 3-bedroom 2.5-bath one level home on full Basement. Beautiful eat-in kitchen with like new stainless-steel appliances, Large Den in basement with a wood-burning fireplace plus a half bath, nice, covered deck off of kitchen overlooking a peaceful, wooded back yard. Don't let this one get away. Note: The Tv and wall mount in the basement den to remain.

Last Agent to Sell the Property

Kelly McAuley

RE/MAX on Main Listed on: 07/26/2022

RE/MAX on Main

Last Buyer's Agent

Dana Sorensen

RE/MAX Northern Properties

RE/MAX Northern Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1979

Lot Details

  • 0.52 Acre Lot

Parking

  • 5 Car Garage
  • Basement Garage
  • Side Facing Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Den with Fireplace
  • Attic

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Mt Olive Elementary School
  • Bragg Middle School
  • Gardendale High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1979

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1329049?w=PubMLS
  • Living Area: 1154
  • Legal Description: LOT 34 GARDENBROOK ESTS 3RD SECT
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 188.47
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1979
  • Price Per Sq Ft: 135.86
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Details: Masonry
  • Fireplace Location: Den (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Separate Vanities, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|DenB|HalfBathB|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Den/Family, On Level: B
  • Room 9: Half Bath, On Level: B
  • Basement Rooms: Den/Family (LVL BSMT), Half Bath (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (BSMT)
  • Laundry Space: Room
  • Attic: Yes
  • Basement Finished Sq Ft: 480
  • Unfinished Basement Sq Ft: 552
  • Main Level Sq Ft: 1154

Exterior Features

  • Patio: Yes
  • Construction: Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK)
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Garage Spaces Main Lvl: 3
  • Number Total Garage Spaces: 5
  • Parking Features: Basement Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1634

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 45
  • Garbage Fee Per: Quarterly

Schools

  • Elementary School: MT OLIVE
  • Middle School: BRAGG
  • High School: GARDENDALE

Lot Info

  • Assessor Parcel Number: 14-00-10-3-004-003.024
  • Number Acres: 0.52

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 643

MLS Schools

  • Elementary School: MT OLIVE
  • High School: GARDENDALE
  • Jr Middle School: BRAGG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 31, 2022
Sold by
Mulvehill Trent J
Bought by
Smith Roman and Smith Kaitlin
Seller's Agent
Kelly McAuley
RE/MAX on Main
Buyer's Agent
Dana Sorensen
RE/MAX Northern Properties
List Price
$217,500
Sold Price
$222,000
Premium/Discount to List
$4,500
2.07%
Total Days on Market
0
Views
32
Current Estimated Value
$251,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,722
Avg. Annual Appreciation
2.54%
Original Mortgage
$227,106
Outstanding Balance
$218,081
Interest Rate
4.99%
Mortgage Type
VA
Estimated Equity
$21,056

Purchase Details

Closed on
Mar 23, 2018
Sold by
Evans V Thomas V
Bought by
Mulvehill Trent J and Mulvehill Geena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Fell
Bought by
Evans Thomas V
Source: Public Records

Range of Values:

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Average Value
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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
Smith Roman $222,000 --
Mulvehill Trent J $138,000 --
Evans Thomas V $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Roman $227,106
Previous Owner Mulvehill Trent J $131,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $222,000 +2.1% $136 / Sq Ft
07/26/2022 07/26/22 For Sale $217,500 -- $133 / 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 $973 $20,460 -- --
2022 $818 $17,380 $5,190 $12,190
2021 $643 $13,900 $5,190 $8,710
2020 $643 $13,900 $5,190 $8,710
2019 $643 $13,900 $0 $0
2018 $0 $13,660 $0 $0
2017 $0 $13,260 $0 $0
2016 $0 $12,820 $0 $0
2015 -- $12,740 $0 $0
2014 $756 $13,340 $0 $0
2013 $756 $12,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1329049

Greater Alabama MLS

APN: 14-00-10-3-004-003.024