NOT LISTED FOR SALE

5448 Magnolia Trace Birmingham, AL 35244

Estimated Value: $484,000 - $569,000

4 Beds
4.5 Baths
3,058 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $430,000 $141 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,081/month

Highlights

  • In Ground Pool
  • Lake Property
  • Deck
  • Trace Crossings Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2021

The best back yard in town! Approximately 1/2 acre of level yard joins the neighborhood walking trail! You'll love the curb appeal--brick with stone accent, Castle iron doors & perfect landscape! This house was the 1996 model home & is loaded with extras: hardwood flooring main level (no carpet); plantation shutters throughout; extra detail on door casings; custom upgraded kitchen with granite counters, painted cabinets with under-cabinet lighting, stainless appliances, double oven, island with breakfast bar & breakfast room; large family room with fireplace; & more!

Last Agent to Sell the Property

Patti Schreiner

ARC Realty - Hoover License #000054003 Listed on: 10/25/2020

ARC Realty - Hoover

Last Buyer's Agent

Amaris Renda

EXIT Coosa River Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1996

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Marble Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Play Room
  • Workshop
  • Home Security System
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • In Ground Pool
  • Lake Property
  • Deck
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-27-3-000-010.067

Community Details

Overview

  • Association fees include common grounds mntc, management fee, utilities for comm areas
  • Trace Crossings Res. Association, Phone Number (205) 624-3586

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Public Road
  • Living Area: 2497
  • Legal Description: LOT 1404-A RES TRACE CROSSINGS 14TH SEC BEING A RES OF LOTS 1402-1406 & 1416-1423 29/77
  • Intermed: BROCKS GAP
  • List Price per Sq Ft: 170.2
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1996
  • Price Per Sq Ft: 140.61
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Amenities: French Doors, Recess Lighting, Security System, Wet Bar, Workshop (INT)
  • Fireplace Details: Gas Starter, Marble (FIREPL), Ventless
  • Fireplace Location: Family Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor, Vinyl
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |MasterBR1|MasterBath1|HalfBath1|Kitchen1|DiningRoom1|Den1|Laundry1|Bedroom1|FullBath2|Bedroom2|Bedroom2|FullBath2|Bedroom2|Play/RecB|FullBathB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Den/Family, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bedroom, On Level: 2
  • Room 14: Play/Rec, On Level: B
  • Room 15: Full Bath, On Level: B
  • Basement Rooms: Full Bath (LVL BSMT), Play/Rec (LVL BSMT)
  • Rooms Level 1: Bedroom (LVL 1), Den/Family (LVL 1), Dining Room (LVL 1), Half Bath (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+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Plumbing Stubbed, Concrete Block
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven, Some Stainless Appl, Stove-Electric
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric, Dryer -Gas
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 561
  • Unfinished Basement Sq Ft: 1162
  • Main Level Sq Ft: 1723
  • Upper Level Sq Ft: 774

Exterior Features

  • Patio: Yes
  • Construction: 3 Sides Brick, Siding-Other, Stone (CONST)
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Exterior Features: Sprinkler System
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Basement Parking, Driveway Parking, Lower Level

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT), Forced Air, Gas Heat
  • Cooling: Central (COOL), Dual Systems (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 3058

Condo/Co-op/Association

  • Amenities: Clubhouse, Playgound, Private Lake, Sidewalks, Street Lights, Tennis Courts, Walking Paths
  • Association Fee: Yes
  • Association Fee: 395
  • Association Fee Per: Yearly
  • HOA Management Company: Trace Crossings Res.
  • Hoa Phone: 205-624-3586

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Utilities for Comm Areas

Schools

  • Elementary School: TRACE CROSSINGS
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-27-3-000-010.067
  • Lot Description: Some Trees, Subdivision
  • Number Acres: 0.33

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, LED Lighting

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Jan 22, 2021
Sold by
Padfield Traci B
Bought by
Bohannon Brandon and Bohannon Kristin
Seller's Agent
Patti Schreiner
ARC Realty - Hoover
Buyer's Agent
Amaris Renda
EXIT Coosa River Realty LLC
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$529,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,719
Avg. Annual Appreciation
3.97%
Original Mortgage
$361,000
Outstanding Balance
$328,042
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$188,361

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 29, 2018
Sold by
Thornton John
Bought by
Padfield Traci B and Padfield Alexander
Seller's Agent
Patti Schreiner
ARC Realty - Hoover
Buyer's Agent
Patti Schreiner
ARC Realty - Hoover
List Price
$356,500
Sold Price
$356,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Jun 22, 2013
Closed on
Dec 30, 2013
Sold by
Ward Bryan T
Bought by
Thornton John and Thornton Bethany H
Seller's Agent
Patti Schreiner
ARC Realty - Hoover
Buyer's Agent
Patti Schreiner
ARC Realty - Hoover
List Price
$348,000
Sold Price
$329,000
Premium/Discount to List
-$19,000
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$312,550
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
D R Horton Inc Birmingham
Bought by
Farley Cassie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,873
Interest Rate
5.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bohannon Brandon $430,000 --
Padfield Traci B $356,500 --
Thornton John $329,000 --
Farley Cassie W $128,865 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohannon Brandon $361,000
Previous Owner Thornton John $312,550
Previous Owner Farley Cassie W $126,873
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $430,000 +1.2% $141 / Sq Ft
10/25/2020 10/25/20 For Sale $425,000 +19.2% $139 / Sq Ft
08/29/2018 08/29/18 Sold $356,500 0.0% $143 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $356,500 +8.4% $143 / Sq Ft
01/02/2014 01/02/14 Sold $329,000 -5.5% $132 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $348,000 -- $139 / 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 $2,881 $41,700 -- --
2022 $2,643 $37,130 $7,400 $29,730
2021 $2,372 $33,390 $7,400 $25,990
2020 $2,309 $32,390 $7,400 $24,990
2019 $2,299 $32,400 $0 $0
2018 $2,102 $29,680 $0 $0
2017 $2,102 $29,680 $0 $0
2016 $2,102 $29,680 $0 $0
2015 $2,102 $29,680 $0 $0
2014 $2,234 $31,240 $0 $0
2013 $2,234 $31,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 899467

Greater Alabama MLS

APN: 39-00-27-3-000-010.067