NOT LISTED FOR SALE

5315 Memory Ln Mount Olive, AL 35117

Estimated Value: $247,000 - $267,000

3 Beds
2 Baths
1,633 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $158,000 $97 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,551/month

197 Days on Market

Highlights

  • Wind Turbine Power
  • Cathedral Ceiling
  • Attic
  • Deck
  • Wood Flooring
  • Den

About This Home

As of April 2016

This adorable, lovingly cared for, one-level home(1,633 sq ft per owner) is located on a peaceful side street in the quiet community of Mount Olive, a 15 minute drive to downtown Birmingham. Flat lot with a privacy-fenced back yard. Spacious wrap-around deck for grilling, dining, and entertaining. Cathedral ceiling with cedar beams in the living room and a stone fireplace. The current owners have added a family room/den behind the fireplace that mirrors the living room with beams and cedar tongue-in-groove ceiling. Updated bathrooms. Beautiful hardwood and hardwood laminate floors! Separate dining room. All new windows! Covered carport and workshop in the back yard. New landscaping in the front! HVAC and roof about 7 years old.

Last Agent to Sell the Property

Mike Mealer

Keller Williams Metro North Listed on: 08/23/2015

Keller Williams Metro North

Co-Listed By

Jean Deason

Keller Williams Metro North

Last Buyer's Agent

Wendy Washburn

RE/MAX on Main

RE/MAX on Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • 1976

Lot Details

  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Garage on Main Level
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,633 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room in Garage
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Wind Turbine Power

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Electric Water Heater
  • Septic Tank

Community Details

  • $17 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 14-10-2-004-012.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Living Area: 1633
  • Legal Description: Lot 63 GARDENBROOK 1ST SECTOR
  • List Price per Sq Ft: 100.98
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valley
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Interior Amenities: Workshop (EXT)
  • Fireplace Details: Gas Starter, Masonry, Stone (FIREPL)
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Hardwood, Hardwood Laminate, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|DiningRoom1|Kitchen1|Den1|MasterBR1|MasterBath1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Den/Family, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Dishwasher Built-In, Self-Cleaning, Plumbed for Gas in Kit, Refrigerator, Stove-Electric
  • Kitchen Features: Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utilities in Garage, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room, Garage Area
  • Attic: Yes
  • Main Level Sq Ft: 1633

Exterior Features

  • Patio: Yes
  • Construction: Brick Over Foundation, Siding-Wood, Wood
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Fenced Yard, Storage Building, Workshop (EXTR), Porch
  • Foundation: Crawl Space
  • Patio Type: Covered - (PATIO), Open (PATIO), Screened (PATIO)
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Carport Spaces: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking, Parking (MLVL), Off Street Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT), Gas Heat
  • Cooling: Central (COOL), Electric (COOL), Window Units
  • Sewer/Septic System: Septic
  • Water: Public Water

Fee Information

  • Garbage Fee: Yes
  • Garbage Fee Amount: 50
  • Garbage Fee Per: Quarterly

Schools

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

Lot Info

  • Assessor Parcel Number: 14-10-2-004-012.000
  • Lot Description: Some Trees, Subdivision

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Programmable Thermostat, Storm Door, Turbines

Tax Info

  • Tax District: MOUNT OLIVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Beasley Jennifer
Bought by
Beasley Christopher
Total Days on Market
197
Current Estimated Value
$260,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Outstanding Balance
$131,855
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$130,355

Purchase Details

Listed on
Aug 23, 2015
Closed on
Apr 8, 2016
Sold by
Strickland Troy J
Bought by
Beasley Chris and Beasley Jennifer
Seller's Agent
Mike Mealer
Keller Williams Metro North
Buyer's Agent
Wendy Washburn
RE/MAX on Main
List Price
$174,900
Sold Price
$158,000
Premium/Discount to List
-$16,900
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$155,138
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2009
Sold by
Williams Donald B and Williams Helen J
Bought by
Strickland Troy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,061
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1998
Sold by
Mitchell Terry R and Mitchell Patricia L
Bought by
Stokes Joshua W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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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
Beasley Christopher -- --
Beasley Chris $158,000 --
Strickland Troy J $150,000 None Available
Stokes Joshua W $77,000 Alabama Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Christopher $146,000
Previous Owner Beasley Chris $155,138
Previous Owner Strickland Troy J $127,791
Previous Owner Strickland Troy J $153,061
Previous Owner Stokes Joshua W $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $158,000 -9.7% $97 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
08/23/2015 08/23/15 For Sale $174,900 -- $107 / 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 $1,145 $23,920 -- --
2022 $1,005 $21,120 $5,650 $15,470
2021 $792 $16,850 $5,650 $11,200
2020 $792 $16,850 $5,650 $11,200
2019 $792 $16,860 $0 $0
2018 $744 $15,900 $0 $0
2017 $724 $15,500 $0 $0
2016 $689 $14,820 $0 $0
2015 $671 $14,460 $0 $0
2014 $809 $15,120 $0 $0
2013 $809 $14,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Mealer

    Seller's Agent in 2016

    Mike Mealer

    Keller Williams Metro North

    (205) 531-0326

    2 in this area

    40 Total Sales

    Mike Mealer
    Section Image
  • Jean Deason

    Seller Co-Listing Agent in 2016

    Jean Deason

    Keller Williams Metro North

    (205) 966-3897

    3 in this area

    114 Total Sales

    Jean Deason
    Section Image
  • Wendy Washburn

    Buyer's Agent in 2016

    Wendy Washburn

    RE/MAX

    (205) 796-5081

    1 in this area

    87 Total Sales

    Wendy Washburn
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 727521

Greater Alabama MLS

APN: 14-00-10-2-004-012.000

Alabama Jefferson County Mount Olive 35117

5315 Memory Ln, Mount Olive, AL

This home is located at 5315 Memory Ln, Mount Olive, AL 35117 since 23 August 2015 and is currently estimated at $260,469, approximately $159 per square foot. This property was built in 1976. 5315 Memory Ln is a home located in Jefferson County with nearby schools including Mt. Olive Elementary School, Bragg Middle School, and Gardendale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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