NOT LISTED FOR SALE

5281 Summerset Way Bessemer, AL 35022

Estimated Value: $259,000 - $308,000

3 Beds
2 Baths
1,879 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $129,400 $69 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,662/month

20 Days on Market

Highlights

  • Wind Turbine Power
  • Attic
  • Home Office
  • Hydromassage or Jetted Bathtub
  • Great Room
  • Porch

About This Home

As of January 2013

Great price for this neighborhood. Move in ready one level with split bedroom floor plan. Formal dining room and study. Large flat back yard. Three bedrooms two baths. Garage on main level. Rights of redemption may apply.

Last Agent to Sell the Property

Paul Garris

Redemption Realty Listed on: 11/29/2012

Last Buyer's Agent

Vickie Lang

Avast Realty- Birmingham

Avast Realty- Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • 2003

Lot Details

  • 0.26

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,879 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Ventless Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Wind Turbine Power
  • Interior Lot

Listing and Financial Details

  • Assessor Parcel Number 38-29-4-003-001.134

Community Details

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

2003

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Public Road
  • Living Area: 1879
  • Legal Description: Lot 114 Phase II, Sector II, Summerset
  • List Price per Sq Ft: 68.87
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Interior Amenities: Security System
  • Fireplace Details: Marble (FIREPL), Ventless
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • 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: Office/Study, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Kitchen, On Level: 1
  • Room 9: Dining Room, On Level: 1
  • Room 10: Great Room, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Kitchen Equipment: Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric
  • Kitchen Features: Breakfast Bar, Eating Area, Pantry
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1879

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Lighting System, Porch
  • Foundation: Slab
  • Patio Type: Open (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Parking (MLVL)

Utilities

  • Heating: Central (HEAT), Heat Pump (HEAT)
  • Cooling: Central (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Playgound, Street Lights
  • Association Fee: Yes
  • Association Fee: 125
  • Association Fee Per: Yearly

Schools

  • Elementary School: MCADORY
  • Middle School: MCADORY
  • High School: MCADORY

Lot Info

  • Assessor Parcel Number: 38-29-4-003-001.134
  • Lot Description: Interior Lot, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Turbines

Tax Info

  • Tax District: BESSEMER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 22, 2013
Sold by
Polymathic Properties Inc
Bought by
Kenniebrew Latoria Denise Inc
Seller's Agent
Paul Garris
Redemption Realty
Buyer's Agent
Vickie Lang
Avast Realty- Birmingham
List Price
$129,400
Sold Price
$129,400
Current Estimated Value
$284,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,072
Avg. Annual Appreciation
5.85%
Original Mortgage
$122,900
Outstanding Balance
$87,292
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$177,828

Purchase Details

Closed on
Nov 19, 2012
Sold by
The Bank Of New York Mello
Bought by
Polymathic Properties Inc

Purchase Details

Closed on
Nov 7, 2003
Sold by
Summerset Builders Llc
Bought by
Johnson Reginald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,066
Interest Rate
5.75%
Mortgage Type
VA
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
Kenniebrew Latoria Denise Inc $129,400 --
Polymathic Properties Inc $89,760 --
Johnson Reginald L $158,317 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenniebrew Latoria Denise Inc $122,900
Previous Owner Johnson Reginald L $172,550
Previous Owner Johnson Reginald L $163,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $129,400 0.0% $69 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $129,400 -- $69 / 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 $1,226 $27,020 -- --
2022 $1,117 $23,360 $4,800 $18,560
2021 $949 $19,990 $4,800 $15,190
2020 $1,060 $18,430 $4,800 $13,630
2019 $838 $17,780 $0 $0
2018 $818 $17,380 $0 $0
2017 $800 $17,020 $0 $0
2016 $808 $17,180 $0 $0
2015 $772 $16,460 $0 $0
2014 $1,993 $16,460 $0 $0
2013 $1,993 $16,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 548687

Greater Alabama MLS

APN: 38-00-29-4-003-001.134