NOT LISTED FOR SALE

5317 Summerset Way Bessemer, AL 35022

Estimated Value: $254,000 - $336,000

4 Beds
3 Baths
2,148 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $310,000 $144 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,808/month

72 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Patio
  • Attic
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of February 2023

Check out this stunner! This home has fresh interior paint. Discover a bright and open interior with plenty of natural light and a neutral color palate, complimented by a fireplace. Step into the kitchen, complete with an eye catching stylish backsplash. Head to the spacious primary suite with good layout and closet included. Extra bedrooms add nice flex space for your everyday needs. The primary bathroom is fully equipped with a separate tub and shower, double sinks, and plenty of under sink storage. The back yard is the perfect spot to kick back with the included sitting area. Like what you hear? Come see it for yourself!

Last Agent to Sell the Property

Nakia Walker

Opendoor Brokerage LLC Listed on: 10/17/2022

Co-Listed By

Chris Hancock

Opendoor Brokerage LLC

Last Buyer's Agent

Bobby Tate

Keller Williams Trussville

Keller Williams Trussville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Split Foyer

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

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

Finished Basement

  • Partial Basement
  • Bedroom in Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Greenwood Elementary School
  • Mcadory Middle School
  • Mcadory High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Associa Mckay Management Association, Phone Number (833) 462-3627

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 2004

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1336648?w=PubMLS
  • Living Area: 1326
  • Legal Description: LOT 105 SUMMERSET SUBDIVISION SEC II PHASE II 38/15
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 233.79
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2004
  • Price Per Sq Ft: 144.32
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |Bedroom1|Bedroom1|Bedroom1|BedroomB|Kitchen1|Living1|
  • Room 1: Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: B
  • Room 5: Kitchen, On Level: 1
  • Room 6: Living, On Level: 1
  • Basement Rooms: Bedroom (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Kitchen (LVL 1), Living (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Finished
  • Basement Style III: Concrete Block
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Microwave Built-In
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down
  • Split Foyer: Yes
  • Basement Finished Sq Ft: 822
  • Main Level Sq Ft: 1326

Exterior Features

  • Patio: Yes
  • Construction: Brick Over Foundation
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement
  • 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

Utilities

  • Heating: Gas Heat
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 2148

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 200
  • Association Fee Per: Yearly
  • HOA Management Company: Associa McKay Management
  • Hoa Phone: 8334623627

Schools

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

Lot Info

  • Assessor Parcel Number: 38-00-29-4-003-001.125
  • Number Acres: 0.16

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 1061

MLS Schools

  • Elementary School: GREENWOOD
  • High School: MCADORY
  • Jr Middle School: MCADORY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Feb 9, 2023
Sold by
Opendoor Property Trust I
Bought by
Henson Brandon and Jackson Eboni
Seller's Agent
Nakia Walker
Opendoor Brokerage LLC
Buyer's Agent
Bobby Tate
Keller Williams Trussville
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Total Days on Market
72
Current Estimated Value
$298,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,409
Avg. Annual Appreciation
-1.60%
Original Mortgage
$310,000
Interest Rate
6.33%
Mortgage Type
VA

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 4, 2022
Sold by
Mcguire Otis W
Bought by
Opendoor Property Trust I
Seller's Agent
Kimberly Cheatwood
ERA King Real Estate - Pell City
Buyer's Agent
Daniel Beirne
Opendoor Brokerage
List Price
$274,000
Sold Price
$274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.29%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Summerset Building Llc
Bought by
Mcguire Otis W and Mcguire Pamela V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Henson Brandon $310,000 --
Opendoor Property Trust I $274,000 --
Mcguire Otis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Brandon $314,382
Closed Henson Brandon $310,000
Previous Owner Mcguire Otis W $140,600
Previous Owner Mcguire Otis W $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $310,000 0.0% $144 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $310,000 -1.6% $144 / Sq Ft
10/27/2022 10/27/22 Price Changed $315,000 -1.6% $147 / Sq Ft
10/17/2022 10/17/22 For Sale $320,000 +16.8% $149 / Sq Ft
10/05/2022 10/05/22 Sold $274,000 0.0% $113 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $274,000 -- $113 / 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 $1,362 $29,960 -- --
2022 $1,256 $26,120 $4,800 $21,320
2021 $1,061 $22,240 $4,800 $17,440
2020 $1,182 $20,450 $4,800 $15,650
2019 $935 $19,720 $0 $0
2018 $923 $19,480 $0 $0
2017 $903 $19,080 $0 $0
2016 $912 $19,260 $0 $0
2015 $871 $18,440 $0 $0
2014 $1,048 $18,240 $0 $0
2013 $1,048 $18,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1336648

Greater Alabama MLS

APN: 38-00-29-4-003-001.125