NOT LISTED FOR SALE

545 N Lake Cove Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $1,294,000 - $1,432,000

5 Beds
7 Baths
7,468 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $1,179,000 $158 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,996/month

Highlights

  • 175 Feet of Waterfront
  • Private Dock
  • Second Kitchen
  • Greystone Elementary School Rated A
  • Community Boat Launch
  • Home Theater

About This Home

As of June 2022

Custom Built One-of-a-Kind, Designer Lakefront home/Palace w/2 story Great Rm w/arches,hardwood floors, gas log fireplace and built ins. Formal Dining Rm w/20' Domed ceiling and custom designer paint, Lge. Kitchen w/Wine Wall, XL Island, SS appl., Sub Zero, commercial grade gas cooktop, XL island wet bar,& custom cabinets. Lge Breakfast area. Keeping Rm w/vaulted beamed ceiling plus stone fireplace, Birch paneled Study,True Master Ste. w/see-thru fireplace & Sitting Room, MB w/double shower, jacuzzi, double vanities, great walk-in closets. Upstairs Features: 3 Large Bedrooms, Huge Bonus Room, 2 1/2 Baths + Attic Storage. Bsmt: 9' ceilings Full Kitchen, Bedroom w/bay window, Full Bath, Exercise Room. 2 car ML & 3 car Bsmt. garages. Large Level Lot awesome views of COVE LAKE from: Brick Column Trek Deck; Screen Porch; Patio or Outdoor seating area with firepit. 10' Ceilings w/8' Doors on ML & 2nd Floor, 13K Generator, Roof 2017 5 Fireplaces; Custom Mantels, 4 New HVACs, Outdoor lighting.

Last Agent to Sell the Property

Janice Folmar

ARC Realty 280 Listed on: 04/25/2022

ARC Realty 280

Co-Listed By

Richard Hayes

ARC Realty 280

Last Buyer's Agent

David Walters

Joseph Realty License #000101631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • 175 Feet of Waterfront
  • Cul-De-Sac
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Basement Garage
  • Garage on Main Level
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Sound System
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Self Contained Fireplace Unit Or Insert
  • See Through Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Stone Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • French Doors
  • Great Room with Fireplace
  • 5 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room with Fireplace
  • Bonus Room
  • Screened Porch
  • Keeping Room
  • Lake Views

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Double Shower
  • Garden Bath
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

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

Attic

  • Walkup Attic
  • Pull Down Stairs to Attic

Basement

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

Outdoor Features

  • In Ground Pool
  • Water Access
  • Swimming Allowed
  • Private Dock
  • Covered Deck
  • Screened Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Greystone Elementary School
  • Berry Middle School
  • Spain Park High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 03-8-27-0-010-003.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, utilities for comm areas
  • Rowland Mgmt Association, Phone Number (205) 620-4203

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Pool
  • Fishing

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,400

Year Built

Built in 2002

Lot Details

0

HOA Fees

$81 per month

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Private Road
  • Down Payment Assistance: No
  • Living Area: 5336
  • Legal Description: North Lake at Greystone, Phase 2 Amended, Lot 3.
  • List Price per Sq Ft: 220.95
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: APS
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2002
  • Price Per Sq Ft: 157.87
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Amenities: French Doors, Home Theater, Multiple Staircases, Recess Lighting, Sound System, Textured Walls, Wet Bar
  • Fireplace Details: Brick (FIREPL), Gas Starter, Insert, Masonry, See-Through, Stone (FIREPL), Ventless, Gas Logs
  • Fireplace Location: Great Room (FIREPL), Hearth/Keeping (FIREPL), Master Bedroom (FIREPL), Outdoors, Play/Rec Room (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Carpet, Hardwood, Stone Floor, Tile Floor
  • Number Fireplaces: 5
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Double Shower, Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Sitting Area in Master, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Concatenated Rooms: |DiningRoom1|GreatRoom1|Office1|Kitchen1|KeepngRm1|MasterBR1|MasterBath1|HalfBath1|Bedroom2|FullBath2|Bedroom2|FullBath2|Bonus2|2ndKitchB|MediaB|
  • Room 1: Dining Room, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Office/Study, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Keeping Room, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Half Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Full Bath, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bonus, On Level: 2
  • Room 14: 2nd Kitchen, On Level: B
  • Room 15: Media, On Level: B
  • Basement Rooms: 2nd Kitchen (LVL BSMT), Media (LVL BSMT)
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Keeping Room (LVL 1), Kitchen (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1), Office/Study (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Solid Surface, Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven, Plumbed for Gas in Kit, Refrigerator, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry, Butlers Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Pull-Down, Walk-In, Walk-Up
  • Basement Finished Sq Ft: 2132
  • Unfinished Basement Sq Ft: 1000
  • Main Level Sq Ft: 3014
  • Upper Level Sq Ft: 2322

Exterior Features

  • Patio: Yes
  • Waterfront Name: NORTH LAKE
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Dock Private, Fireplace, Grill, Lighting System, Sprinkler System, Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Waterfront: Yes
  • Waterfront Frontage: 175
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 3
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 5
  • Parking Features: Basement Parking, Parking (MLVL), Off Street Parking

Utilities

  • Heating: Central (HEAT), Forced Air
  • Cooling: 3+ Systems (COOL), Central (COOL), Zoned (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 7468

Condo/Co-op/Association

  • Amenities: BBQ Area, Boat Launch, Fishing, Gate Entrance/Comm, Street Lights, Swimming Allowed, Tennis Courts, Water Access
  • Association Fee: Yes
  • Association Fee: 968
  • Association Fee Per: Yearly
  • HOA Management Company: Rowland Mgmt
  • Hoa Phone: 205-620-4203

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Utilities for Comm Areas
  • Library Fee: Yes
  • Library Fee Amount: 17
  • Library Fee Per: Yearly

Schools

  • Elementary School: GREYSTONE
  • Middle School: BERRY
  • High School: SPAIN PARK

Lot Info

  • Assessor Parcel Number: 03-8-27-0-010-003.000
  • Lot Description: Acreage, Cul-de-sac, Interior Lot, Some Trees, Subdivision
  • Lot Number: 3
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 6400

MLS Schools

  • Elementary School: GREYSTONE
  • High School: SPAIN PARK
  • Jr Middle School: BERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 15, 2022
Sold by
Stillwell Hunt R and Stillwell Nancy S
Bought by
Rivers Thomas E and Rivers Charon J
Seller's Agent
Janice Folmar
ARC Realty 280
Buyer's Agent
David Walters
Joseph Realty
List Price
$1,179,000
Sold Price
$1,179,000
Current Estimated Value
$1,352,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,868
Avg. Annual Appreciation
4.87%
Original Mortgage
$943,200
Outstanding Balance
$895,395
Interest Rate
4.13%
Mortgage Type
Balloon
Estimated Equity
$480,455

Purchase Details

Closed on
Apr 27, 1999
Sold by
Greystone Farms North Llc
Bought by
Hunt R Stillwell and Hunt Nancy S
Source: Public Records

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
Rivers Thomas E $1,179,000 None Listed On Document
Hunt R Stillwell $121,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Thomas E $943,200
Previous Owner Hunt Rea Stillwell $700,000
Previous Owner Hunt Rea Stillwell $300,000
Previous Owner Hunt Rea Stillwell $860,000
Previous Owner Hunt Stillwell $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,179,000 0.0% $158 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $1,179,000 -- $158 / 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 $8,480 $127,520 $0 $0
2023 $7,713 $128,800 $0 $0
2022 $0 $99,640 $0 $0
2021 $0 $93,520 $0 $0
2020 $6,369 $88,860 $0 $0
2019 $6,369 $94,720 $0 $0
2017 $0 $98,140 $0 $0
2015 $6,262 $94,160 $0 $0
2014 $6,099 $91,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Folmar

    Seller's Agent in 2022

    Janice Folmar

    ARC Realty 280

    (205) 313-8541

    70 in this area

    86 Total Sales

    Janice Folmar
    Section Image
  • Richard Hayes

    Seller Co-Listing Agent in 2022

    Richard Hayes

    ARC Realty 280

    (205) 281-4686

    48 in this area

    56 Total Sales

    Richard Hayes
    Section Image

  • D

    Buyer's Agent in 2022

    David Walters

    Joseph Realty

    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1318202

Greater Alabama MLS

APN: 03-8-27-0-010-003-000

Alabama Shelby County Birmingham 35242 North Shelby County

545 N Lake Cove, Birmingham, AL

This home is located at 545 N Lake Cove, Birmingham, AL 35242 since 25 April 2022 and is currently estimated at $1,352,868, approximately $181 per square foot. This property was built in 2002. 545 N Lake Cove is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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