NOT LISTED FOR SALE

5365 Summerset Way Bessemer, AL 35022

Estimated Value: $248,000 - $307,000

4 Beds
3 Baths
1,924 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $192,500 $100 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,735/month

Highlights

  • 0.5 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Great Room with Fireplace
  • Main Floor Primary Bedroom
  • Attic
  • Stone Countertops

About This Home

As of August 2018

Beautiful well maintained home in established neighborhood. Home features 4 bedrooms and three baths. Master on the main, granite counter tops, kitchen island, large bedrooms. Screened deck and large fenced in backyard. Engineered hardwood floors throughout main floor.

Last Agent to Sell the Property

Margie Nixon

Norluxe Realty Birmingham LLC Listed on: 06/12/2018

Norluxe Realty Birmingham LLC

Last Buyer's Agent

Malinda Smiley Smith

ARC Realty Pelham Branch

ARC Realty Pelham Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • Fenced Yard

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Smooth Ceilings
  • See Through Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Utility Room Floor Drain
  • Laminate Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

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

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Dual Heating Fuel
  • Gas Water Heater

Community Details

  • Neighboorhood Association

Listing and Financial Details

  • Assessor Parcel Number 3829400300118100

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1924
  • Legal Description: Lot 53 Phase IV Summerset Subdivision
  • Dual or Variable Rate Commission: Yes
  • List Price per Sq Ft: 100.05
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 100.05
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Fireplace Details: See-Through
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Hardwood Laminate
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Separate Shower, Separate Vanities
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |GreatRoom1|Kitchen1|MasterBR1|MasterBath1|Bedroom1|FullBath1|Laundry1|Bedroom2|Bedroom2|FullBath1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Great Room (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Dishwasher Built-In, Microwave Built-In, Stove-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Closet
  • Attic: Yes
  • Attic Type: Pull-Down
  • Main Level Sq Ft: 1372
  • Upper Level Sq Ft: 552

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Screened (PATIO)
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Circular Drive, Driveway Parking

Utilities

  • Heating: Piggyback Sys (HEAT)
  • Cooling: Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 1924

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 180
  • Association Fee Per: Yearly
  • HOA Management Company: Neighboorhood
  • Hoa Phone: 000-00-0000

Schools

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

Lot Info

  • Assessor Parcel Number: 3829400300118100
  • Number Acres: 0.5

Tax Info

  • Tax District: COUNTY
  • Annual Tax: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 3, 2018
Sold by
Rucker Josephine
Bought by
Malone Veronica D
Seller's Agent
Margie Nixon
Norluxe Realty Birmingham LLC
Buyer's Agent
Malinda Smiley Smith
ARC Realty Pelham Branch
List Price
$192,500
Sold Price
$192,500
Total Days on Market
0
Current Estimated Value
$286,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,509
Avg. Annual Appreciation
5.72%
Original Mortgage
$192,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 13, 2016
Sold by
Jenkins Kimberley L
Bought by
Rucker Josephine
Seller's Agent
Lou Hill
EPI Real Estate
Buyer's Agent
Margie Nixon
Norluxe Realty Birmingham LLC
List Price
$184,900
Sold Price
$178,000
Premium/Discount to List
-$6,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$174,775
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2009
Sold by
Star Properties Llc
Bought by
Jenkins Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,720
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2008
Sold by
Smith Mia and U S Bank National Association
Bought by
Star Properties Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Summerset Building Llc
Bought by
Smith Mia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
10.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Malone Veronica D $192,500 --
Rucker Josephine $178,000 --
Jenkins Kimberly L $175,000 None Available
Star Properties Llc $105,952 None Available
Smith Mia $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Veronica D $266,432
Closed Malone Veronica D $248,270
Closed Malone Veronica D $188,000
Closed Malone Veronica D $195,500
Closed Malone Veronica D $192,500
Previous Owner Rucker Josephine $174,775
Previous Owner Jenkins Kimberley L $162,536
Previous Owner Jenkins Kimberly L $172,720
Previous Owner Smith Mia $201,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $192,500 0.0% $100 / Sq Ft
06/12/2018 06/12/18 For Sale $192,500 +8.1% $100 / Sq Ft
06/10/2016 06/10/16 Sold $178,000 -3.7% $72 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $184,900 -- $75 / 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 $1,374 $30,240 -- --
2022 $1,276 $26,520 $4,800 $21,720
2021 $1,078 $22,570 $4,800 $17,770
2020 $1,200 $20,750 $4,800 $15,950
2019 $949 $20,000 $0 $0
2018 $179 $17,920 $0 $0
2017 $176 $17,560 $0 $0
2016 $835 $17,720 $0 $0
2015 $798 $16,980 $0 $0
2014 $970 $16,940 $0 $0
2013 $970 $16,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 819455

Greater Alabama MLS

APN: 38-00-29-4-003-001.181