5475 Magnolia Trace Birmingham, AL 35244
Estimated Value: $505,000 - $540,000
4
Beds
4
Baths
3,520
Sq Ft
$150/Sq Ft
Est. Value
About This Home
This home is located at 5475 Magnolia Trace, Birmingham, AL 35244 and is currently estimated at $527,125, approximately $149 per square foot. 5475 Magnolia Trace is a home located in Jefferson County with nearby schools including Trace Crossings Elementary School, Robert F. Bumpus Middle School, and Hoover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2020
Sold by
Dorris Jim D
Bought by
Knight Spencer A and Knight Amy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2000
Sold by
L & N Construction Inc
Bought by
Dorris Jim D and Dorris Sherry K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,040
Interest Rate
7.94%
Purchase Details
Closed on
Feb 15, 2000
Sold by
Usx Corp
Bought by
L & N Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
8.37%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Knight Spencer A | $410,000 | -- | |
Dorris Jim D | $308,800 | Lawyers Title Insurance Corp | |
L & N Construction Inc | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Knight Spencer A | $394,400 | |
Closed | Knight Spencer A | $389,500 | |
Previous Owner | Dorris Jim D | $255,000 | |
Previous Owner | Dorris Jim D | $253,600 | |
Previous Owner | Dorris Jim D | $247,040 | |
Previous Owner | L & N Construction Inc | $242,400 |
Source: Public Records
Tax History Compared to Growth
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 | $3,464 | $49,520 | -- | -- |
2022 | $3,226 | $45,160 | $7,400 | $37,760 |
2021 | $2,880 | $40,400 | $7,400 | $33,000 |
2020 | $2,799 | $39,130 | $7,400 | $31,730 |
2019 | $2,789 | $39,140 | $0 | $0 |
2018 | $2,415 | $34,000 | $0 | $0 |
2017 | $2,415 | $34,000 | $0 | $0 |
2016 | $2,415 | $34,000 | $0 | $0 |
2015 | $2,415 | $34,000 | $0 | $0 |
2014 | $2,416 | $36,500 | $0 | $0 |
2013 | $2,416 | $36,500 | $0 | $0 |
Source: Public Records
Map
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