$178,000
SOLD JUN 10, 2016

5365 Summerset Way Bessemer, AL 35022

4 Beds
3 Baths
2,474 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • Fireplace in Kitchen
  • Main Floor Primary Bedroom
  • Attic
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Great Room

About This Home

As of August 2018

Welcome Home!! Here is a hidden secret in the Summerset community. This home boast over 1,900 sqft of LIVING SPACE, four very nice size bedrooms and three full baths. Open the door and step into your great room with new hardwood floors and a see-through fireplace that leads into the newly remodeled kitchen. The kitchen has new flooring, new granite counter tops, new sink, new fixtures and a huge island. Master suite will accommodate king size furniture with plenty room to spare, large shower, jetted tub, and separate vanities. Laundry room on main level before going upstairs to bedrooms 3 and 4. Don't forget the covered patio with a private back yard! This home won't last long!!!!

Last Agent to Sell the Property

Lou Hill

EPI Real Estate Listed on: 04/14/2016

Co-Listed By

TJ Westmoreland

Keller Williams Metro South

Last Buyer's Agent

Margie Nixon

Norluxe Realty Birmingham LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • 2006

HOA Fees

  • $10 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
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Walkup Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Kitchen Island
  • Stone Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Fenced Yard

Community Details

  • Looking It Up Association, Phone Number (205) 434-1687

Listing and Financial Details

  • Assessor Parcel Number 38-00-29-4-003-001.181

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

2006

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 2474
  • Legal Description: Lot 53 Phase IV Summerset Subdivision
  • List Price per Sq Ft: 72.72
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Fireplace Details: Tile (FIREPL)
  • Fireplace Location: Family Room (FIREPL), Kitchen (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Bedroom/Bathroom Features: Jetted Tub, Separate Shower
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Concatenated Rooms: |MasterBR1|Bedroom1|MasterBath1|FullBath1|Kitchen1|GreatRoom1|Laundry1|Bedroom2|Bedroom2|FullBath2|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Master Bath, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Great Room, 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: 2
  • 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+), Full Bath (LVL 2+)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Microwave Built-In, Stove-Electric
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-Up
  • Main Level Sq Ft: 1372
  • Upper Level Sq Ft: 1102

Exterior Features

  • Patio: Yes
  • Construction: 1 Side Brick, Siding-Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Garden/Patio Style: Yes
  • Patio Type: Covered - (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: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 125
  • Association Fee Per: Yearly
  • HOA Management Company: Looking it up
  • Hoa Phone: 205-434-1687

Schools

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

Lot Info

  • Assessor Parcel Number: 38-00-29-4-003-001.181

Tax Info

  • Tax District: COUNTY

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
LAH Sotheby's International Realty Hoover
List Price
$192,500
Sold Price
$192,500
Current Estimated Value
$297,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,987
Avg. Annual Appreciation
6.43%
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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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 Type Sale Price Title Company
Warranty Deed $192,500 --
Warranty Deed $178,000 --
Warranty Deed $175,000 None Available
Foreclosure Deed $105,952 None Available
Warranty Deed $212,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,432 FHA
Closed $248,270 FHA
Closed $188,000 New Conventional
Closed $195,500 New Conventional
Closed $192,500 New Conventional
Previous Owner $174,775 FHA
Previous Owner $162,536 FHA
Previous Owner $172,720 FHA
Previous Owner $201,400 Fannie Mae Freddie Mac
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: 747024

Greater Alabama MLS

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