NOT LISTED FOR SALE

5500 Madison Dr Birmingham, AL 35228

Roosevelt Neighborhood

Estimated Value: $63,000 - $91,197

3 Beds
1 Bath
1,156 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 15, 2018

Last sale price $15,000 $13 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $542/month

29 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating and Cooling System
  • Porch
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of January 2018

Investors the tenant is in place. She has been in the house for 7 years.

Last Agent to Sell the Property

Bryan Miles

Expert Realty, Inc Listed on: 10/17/2017

Last Buyer's Agent

Ashleigh Timmerman

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Year Built

  • 1935

Lot Details

  • 4,356

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3000263008016000

Home Details

Home Type

Single Family

Year Built

1935

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 1156
  • Legal Description: Pt of Lots 1 & 2 Johnson City Blk 7 Book 1210 Page 87
  • Number Levels: 1-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Floors: Carpet, Hardwood, Vinyl
  • Bedroom/Bathroom Features: Tub/Shower Combo
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Concatenated Rooms: |Living/Din1|Kitchen1|Bedroom1|Bedroom1|Bedroom1|FullBath1|
  • Room 1: Living/Dining, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living/Dining (LVL 1)
  • Kitchen Countertops: Laminate
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Main Level Sq Ft: 1156

Exterior Features

  • Construction: Siding-Wood
  • Exterior Features: Porch
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking Features: Off Street Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 3000263008016000

Tax Info

  • Tax District: BIRMINGHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Medical Telehealth Foundation Llc
Bought by
Espinoza Gershom
Current Estimated Value
$79,549

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jan 10, 2018
Sold by
55Oo Madison Investment Ll
Bought by
Equity Trust Co Custodian Fbo
Seller's Agent
Bryan Miles
Expert Realty, Inc
Buyer's Agent
Ashleigh Timmerman
Keller Williams Realty Vestavia
List Price
$24,900
Sold Price
$15,000
Premium/Discount to List
-$9,900
-39.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Apr 25, 2011
Sold by
Property Direct Inc
Bought by
5500 Madison Investment Llc

Purchase Details

Closed on
Sep 23, 2010
Sold by
The Bank Of New York Mellon
Bought by
Riverchase Property Group Llc

Purchase Details

Closed on
Nov 17, 2009
Sold by
Leverette Nakeshia
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 28, 2005
Sold by
Sanders Darius
Bought by
Leverette Nakeshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
10.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Rembert Hollis R and Rembert Wycliffe
Bought by
Sanders Darius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,630
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2002
Sold by
Sanders Sharon T
Bought by
Rembert Hollis R and Rembert Wycliffe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,630
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2002
Sold by
Rembert Minnie
Bought by
Rembert Hollis R and Rembert Wycliffe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,630
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2002
Sold by
Rembert Sebastian R
Bought by
Rembert Hollis R and Rembert Wycliffe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,630
Interest Rate
5.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Espinoza Gershom $4,400 None Listed On Document
Equity Trust Co Custodian Fbo $15,000 --
5500 Madison Investment Llc $40,700 None Available
Riverchase Property Group Llc $6,000 None Available
The Bank Of New York Mellon $18,450 None Available
Leverette Nakeshia $59,000 None Available
Leverette Nakeshia $3,500 None Available
Sanders Darius $43,300 --
Rembert Hollis R -- --
Rembert Hollis R -- --
Rembert Hollis R -- --
Rembert Hollis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leverette Nakeshia $59,000
Previous Owner Sanders Darius $42,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2018 01/15/18 Sold $15,000 -39.8% $13 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $24,900 -- $22 / Sq Ft
Source: Greater Alabama MLS

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
2025 $1,480 $20,420 -- --
2024 $1,480 $20,420 -- --
2022 $1,086 $14,980 $860 $14,120
2021 $0 $14,980 $860 $14,120
2020 $1,088 $14,980 $860 $14,120
2019 $1,086 $14,980 $0 $0
2018 $900 $12,420 $0 $0
2017 $900 $12,420 $0 $0
2016 $900 $12,420 $0 $0
2015 $900 $12,420 $0 $0
2014 $848 $12,200 $0 $0
2013 $848 $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bryan Miles

    Expert Realty, Inc

    (205) 240-1052

    40 Total Sales

    Bryan Miles
    Section Image
  • Ashleigh Timmerman

    Buyer's Agent in 2018

    Ashleigh Timmerman

    Keller Williams Realty Vestavia

    (205) 243-8590

    54 Total Sales

    Ashleigh Timmerman
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 798383

Greater Alabama MLS

APN: 30-00-26-3-008-016.000

Alabama Jefferson County Birmingham 35228 Roosevelt

5500 Madison Dr, Birmingham, AL

Not Listed for Sale

Detached

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