NOT LISTED FOR SALE

5267 Memory Ln Mount Olive, AL 35117

Estimated Value: $208,000 - $287,000

3 Beds
2.5 Baths
1,710 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $215,000 $126 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,400/month

48 Days on Market

Highlights

  • Covered Deck
  • Attic
  • Fenced Yard
  • Bragg Middle School Rated 9+
  • Den with Fireplace
  • 2 Car Attached Garage

About This Home

As of May 2022

Nestled in a quiet suburb in the comfortable setting of Mt Olive is this great family home and yet it's just six to seven minutes to great fooderies or shopping. Flat yard is perfect for kids, a pet or for gardening. This home has updated flooring and paint and is now waiting for your TLC to bring it back to its full beauty. Three bedrooms on the main level with a living room and dining room. The large daylight basement den features a woodburning fireplace with brick hearth and surround. Laundry plus half bath right beside the large den. Two car garage plus a free standing carport gives you plenty of room for cars plus toys. Sold as is and will need some repairs by a cash or conventional loan buyer. Seller to provide $9400 new roof allowance at closing.

Last Agent to Sell the Property

Dana Belcher

RE/MAX on Main Listed on: 02/22/2022

RE/MAX on Main

Last Buyer's Agent

Nikki Gunter

Keller Williams Metro North

Keller Williams Metro North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Side Facing Garage

Home Design

  • Split Foyer
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 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
  • Block Basement Construction
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Covered Deck
  • Screened Deck

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • $15 Other Monthly Fees

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1311308?w=PubMLS
  • Living Area: 1302
  • Legal Description: LOT 41 GARDENBROOK ESTS 3RD SECT
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Fireplace Details: Brick (FIREPL)
  • Fireplace Location: Den (FIREPL)
  • Fireplace Type: Woodburning
  • Floors: Carpet, Hardwood Laminate
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Separate Shower, Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|DiningRoom1|Kitchen1|Living1|DenB|LaundryB|HalfBathB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Dining Room, On Level: 1
  • Room 7: Kitchen, On Level: 1
  • Room 8: Living, On Level: 1
  • Room 9: Den/Family, On Level: B
  • Room 10: Laundry, On Level: B
  • Room 11: Half Bath, On Level: B
  • Basement Rooms: Den/Family (LVL BSMT), Half Bath (LVL BSMT), Laundry (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (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: Daylight Basement, 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
  • Attic Type: Pull-Down
  • Split Foyer: Yes
  • Basement Finished Sq Ft: 408
  • Unfinished Basement Sq Ft: 768
  • Main Level Sq Ft: 1302

Exterior Features

  • Construction: Brick Over Foundation, Siding-Vinyl
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Fenced Yard
  • Foundation: Basement
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Carport Spaces: 1
  • Number Total Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas Heat
  • Cooling: Electric (COOL)
  • Sewer/Septic System: Septic
  • Water: Public Water
  • HVAC Area: 1710

Fee Information

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

Lot Info

  • Assessor Parcel Number: 14-00-10-3-004-003.031
  • Number Acres: 0.33

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 722

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
Feb 22, 2022
Closed on
May 5, 2022
Sold by
Wiegert Paul
Bought by
Ross Madison Brooke and Barrett Dylan
Seller's Agent
Dana Belcher
RE/MAX on Main
Buyer's Agent
Nikki Gunter
Keller Williams Metro North
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$252,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,634
Avg. Annual Appreciation
4.41%
Original Mortgage
$208,550
Outstanding Balance
$195,799
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$56,835

Purchase Details

Closed on
Jul 13, 2007
Sold by
Salters David O and Salters Janice F
Bought by
Wiegert Paul and Wiegert Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,360
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ross Madison Brooke $215,000 --
Wiegert Paul $169,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Madison Brooke $208,550
Previous Owner Wiegert Paul $135,360
Previous Owner Wiegert Paul $33,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $215,000 +2.4% $126 / Sq Ft
02/23/2022 02/23/22 For Sale $209,900 -2.4% $123 / Sq Ft
02/22/2022 02/22/22 Off Market $215,000 -- --
02/22/2022 02/22/22 For Sale $209,900 -- $123 / 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 $1,068 $22,280 -- --
2022 $921 $19,430 $5,470 $13,960
2021 $723 $15,480 $5,470 $10,010
2020 $723 $15,480 $5,470 $10,010
2019 $723 $15,480 $0 $0
2018 $710 $15,220 $0 $0
2017 $691 $14,860 $0 $0
2016 $666 $14,360 $0 $0
2015 $666 $14,360 $0 $0
2014 $804 $15,040 $0 $0
2013 $804 $14,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1311308

Greater Alabama MLS

APN: 14-00-10-3-004-003.031