Seller's Agent in 2018
Anna Fowler
RealtySouth
(205) 567-5878
21 in this area
64 Total Sales
5491 Magnolia Trace Birmingham, AL 35244
Estimated Value: $534,898 - $562,000
4
Beds
3.5
Baths
3,690
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Sitting Area In Primary Bedroom
- Covered Deck
- Trace Crossings Elementary School Rated A
- Mountain View
- Wood Flooring
About This Home
As of February 2018Classic Southern Style. This two story, full brick home welcomes family & friends with soaring ceilings, a formal dining room, and open entertaining kitchen. The exquisite hardwood floors, marble fireplace, and Juliet balcony highlight the large living room that flows perfectly into the kitchen, pantry, and deck. A main level master suite with sitting area has French doors into the spa bath outfitted with seated vanity area, separate whirlpool tub and glass shower with distinctive tile. Up the sweeping staircase is a large loft area with three bedrooms, two full baths, and added storage space. The daylight basement bonus room is a splendid space with tray ceiling, tile floors, and great access to the covered porch and garage. Additional spaces downstairs include a play area, garage workshop space and storage. A secluded back yard has plenty of play area and gardening space as well as forest for a natural buffer. The community pool, clubhouse, and schools are a golf cart ride away.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,052
Year Built
- Built in 1999
Lot Details
- 0.37 Acre Lot
- Few Trees
HOA Fees
- $56 Monthly HOA Fees
Parking
- 2 Car Garage
- Basement Garage
- Side Facing Garage
- Driveway
- Off-Street Parking
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Central Vacuum
- Crown Molding
- Smooth Ceilings
- Ceiling Fan
- Gas Log Fireplace
- Marble Fireplace
- Double Pane Windows
- Window Treatments
- French Doors
- Living Room with Fireplace
- Dining Room
- Loft
- Bonus Room
- Mountain Views
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Electric Oven
- Gas Cooktop
- Built-In Microwave
- Stainless Steel Appliances
- Stone Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- 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 Electric 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
- Covered Deck
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 39-00-27-3-000-010.086
Community Details
Overview
- Association fees include common grounds mntc, insurance-building, management fee, recreation facility, reserve for improvements, utilities for comm areas
- Mckay Management Association, Phone Number (205) 733-6700
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2018
Closed on
Dec 18, 2017
Sold by
Kolb John A
Bought by
Wells Matthew E and Wells Holly M
Seller's Agent
Anna Fowler
RealtySouth-Homewood
Buyer's Agent
Barbara Edwards
RealtySouth-OTM-Acton Rd
List Price
$364,500
Sold Price
$358,900
Premium/Discount to List
-$5,600
-1.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,825
Avg. Annual Appreciation
4.95%
Original Mortgage
$278,900
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 1998
Sold by
D W G Builders Inc
Bought by
Kolb John A and Kolb Lisha G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
6.91%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wells Matthew E | $358,900 | -- | |
| Kolb John A | $232,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wells Matthew E | $278,900 | |
| Previous Owner | Kolb John A | $219,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2018 02/16/18 | Sold | $358,900 | -1.5% | $97 / Sq Ft |
| 01/05/2018 01/05/18 | For Sale | $364,500 | -- | $99 / Sq Ft |
Source: Greater Alabama MLS
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 | $3,123 | $44,640 | -- | -- |
| 2022 | $2,832 | $39,730 | $7,400 | $32,330 |
| 2021 | $2,536 | $35,660 | $7,400 | $28,260 |
| 2020 | $2,468 | $34,570 | $7,400 | $27,170 |
| 2019 | $2,458 | $34,580 | $0 | $0 |
| 2018 | $2,052 | $29,000 | $0 | $0 |
| 2017 | $2,052 | $29,000 | $0 | $0 |
| 2016 | $2,052 | $29,000 | $0 | $0 |
| 2015 | $2,052 | $29,000 | $0 | $0 |
| 2014 | $2,059 | $31,100 | $0 | $0 |
| 2013 | $2,059 | $31,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Fowler
-
Barbara Edwards
Buyer's Agent in 2018
Barbara Edwards
RealtySouth
(205) 862-1370
5 in this area
39 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 803184
APN: 39-00-27-3-000-010.086
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