NOT LISTED FOR SALE

532 Olde English Ln Unit 532 Birmingham, AL 35223

Redmont Park Neighborhood

Estimated Value: $852,000 - $992,000

3 Beds
3 Baths
2,245 Sq Ft
$577/mo HOA Fee

Last Sold June 04, 2013

Last sale price $665,000 $296 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,465/month

240 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Balcony
  • Mt. Brook Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Walk-In Closet

About This Home

As of June 2013

3BR / 3BA - Large open floor plan - Hardwoods - Mouldings - Greta terrace -Walk to Continental Bakery - Vino - Great shops - Minutes to Botanical Gardens, Zoo , UAB, and downtown.

Last Listed By

Kathie Welch

RealtySouth-MB-Cahaba Rd License #000003361 Listed on: 08/27/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,861

Year Built

  • 1999

HOA Fees

  • $577 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • Sound System
  • Smooth Ceilings
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-06-4-010-033.314

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,861

Year Built

1999

Lot Details

0

HOA Fees

$577 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road
  • Legal Description: UNIT 532 THE TOWNES OF ENGLISH VILLAGE A CONDO REAL 9907 PG 9587 & AMENDED REAL 200002 PG 3238 PB 195 PG 61 & PB 198 PG
  • Property Type: Condo
  • Termite Company Name: ASSOCIATION
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Interior Amenities: Sound System
  • Fireplace Details: Gas Starter, Ventless
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Sitting Area in Master, Split Bedrooms, Walk-In Closets
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Living/Dining, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living/Dining (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Microwave Built-In, Self-Cleaning, Stove-Electric
  • Laundry: Yes
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room

Exterior Features

  • Construction: 4 Side Brick
  • Exterior Features: Balcony
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Assigned, Basement Parking

Utilities

  • Heating: Central (HEAT), Electric (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected

Condo/Co-op/Association

  • Amenities: Common Elevator
  • Association Fee: Yes
  • Association Fee: 577
  • Association Fee Per: Monthly

Schools

  • Elementary School: MOUNTAIN BROOK
  • Middle School: MOUNTAIN BROOK
  • High School: MOUNTAIN BROOK

Lot Info

  • Assessor Parcel Number: 28-06-4-010-033.314

Green Features

  • Energy Green Features: Ceiling Fans

Tax Info

  • Tax District: MOUNTAIN BROOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Jun 4, 2013
Sold by
Nesmith Jackie A
Bought by
Mcmillan Elizabeth R
Seller's Agent
Kathie Welch
RealtySouth-MB-Cahaba Rd
Buyer's Agent
Isabelle Lawson
RealtySouth-MB-Cahaba Rd
List Price
$715,000
Sold Price
$665,000
Premium/Discount to List
-$50,000
-6.99%
Total Days on Market
240
Current Estimated Value
$919,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,998
Avg. Annual Appreciation
2.51%
Original Mortgage
$532,000
Outstanding Balance
$388,698
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$506,585

Purchase Details

Closed on
Mar 26, 2009
Sold by
Debuys Robert Rathbone and Debuys Hollis A
Bought by
Nesmith Jackie A and Nesmith Sandra P

Purchase Details

Closed on
Jun 8, 1999
Sold by
The Townes Ltd Partnership
Bought by
Debuys Robert Rathbone and Debuys Hollis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.94%

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
Mcmillan Elizabeth R $665,000 --
Nesmith Jackie A $680,000 None Available
Debuys Robert Rathbone $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Elizabeth R $532,000
Previous Owner Debuys Robert Rathbone $164,400
Previous Owner Debuys Robert Rathbone $300,000
Previous Owner Debuys Robert Rathbone $253,000
Previous Owner Debuys Robert Rathbone $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $665,000 -7.0% $296 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
08/27/2012 08/27/12 For Sale $715,000 -- $318 / 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 $8,861 $81,780 -- $81,780
2022 $8,861 $41,730 $0 $41,730
2021 $7,372 $41,730 $0 $41,730
2020 $7,372 $41,730 $0 $41,730
2019 $6,691 $68,120 $0 $0
2018 $6,584 $67,040 $0 $0
2017 $6,584 $67,040 $0 $0
2016 $5,954 $60,680 $0 $0
2015 $5,954 $60,680 $0 $0
2014 $6,498 $65,200 $0 $0
2013 $6,498 $65,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 541510

Greater Alabama MLS

APN: 28-00-06-4-010-033.314