5501 Magnolia Trace Birmingham, AL 35244
4
Beds
3.5
Baths
2,471
Sq Ft
0.34
Acres
Highlights
- In Ground Pool
- Clubhouse
- Hydromassage or Jetted Bathtub
- Trace Crossings Elementary School Rated A
- Covered Deck
- Attic
About This Home
As of April 2025One-of-a-kind Trace Crossings home with main level living, main level garage AND a finished basement and 2-car basement garage ALL in ONE ready for you! This lovely brick home sits on a corner lot and has 3 bedrooms on the main level, an updated kitchen w/stainless appliances and a big screened deck. Enjoy the freshly painted, neutral colors, new windows and new flooring making this house move-in ready. The finished basement is bright and light with great space to use as you see fit. There is great flexibility for a bedroom, office, game-room, mother-in-law suite or whatever suites your needs. A full bathroom and a kitchenette make this space so versatile. The basement garage is actually big enough for a work-out space or work-shop and you still have room for loads of storage. The roof, HVAC and garage doors have been updated over the years. Walking distance to Trace Crossings elementary school/Hoover HS, shopping, restaurants, etc. Enjoy the windng neighborhood trails and pool.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,412
Year Built
- Built in 1997
Lot Details
- 0.34 Acre Lot
- Cul-De-Sac
- Corner Lot
HOA Fees
- $38 Monthly HOA Fees
Parking
- 4 Car Garage
- Basement Garage
- Garage on Main Level
- Side Facing Garage
Home Design
- Ridge Vents on the Roof
- HardiePlank Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Crown Molding
- Smooth Ceilings
- Ceiling Fan
- Recessed Lighting
- Marble Fireplace
- Gas Fireplace
- Double Pane Windows
- Window Treatments
- Great Room with Fireplace
- Dining Room
- Den
- Screened Porch
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Stone Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 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
- Bedroom in Basement
- Recreation or Family Area in Basement
- Natural lighting in basement
Pool
- In Ground Pool
- Fence Around Pool
- Pool is Self Cleaning
Outdoor Features
- Covered Deck
- Screened Deck
- Patio
Schools
- Trace Crossings Elementary School
- Bumpus Middle School
- Hoover High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 39-00-27-3-000--10.093
Community Details
Overview
- Association fees include common grounds mntc, management fee, utilities for comm areas
- The community has rules related to allowable golf cart usage in the community
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2024
Closed on
Apr 30, 2025
Sold by
Myers Mark L and Myers Phyllis G
Bought by
Campbell Steven and Campbell Jacqueline
Seller's Agent
Jeanie Shea
Keller Williams Realty Hoover
Buyer's Agent
Kelley Smith
RE/MAX on Main
List Price
$500,000
Sold Price
$500,000
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.66%
Original Mortgage
$400,000
Outstanding Balance
$399,650
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,534
Purchase Details
Closed on
Mar 30, 2001
Sold by
Shelton W Brett and Shelton Elizabeth J
Bought by
Myers Mark L and Myers Phyllis G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.01%
Purchase Details
Closed on
Mar 13, 1998
Sold by
Wood Powers & Hastings Construction Inc
Bought by
Shelton W Brett and Shelton Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.99%
Similar Homes in Birmingham, AL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Warranty Deed | $256,000 | -- | |
| Warranty Deed | $260,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $35,000 | Commercial | |
| Previous Owner | $206,000 | Unknown | |
| Previous Owner | $36,882 | Credit Line Revolving | |
| Previous Owner | $204,800 | No Value Available | |
| Previous Owner | $135,000 | No Value Available | |
| Closed | $38,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $500,000 | 0.0% | $202 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $500,000 | 0.0% | $202 / Sq Ft |
| 12/21/2024 12/21/24 | Off Market | $500,000 | -- | -- |
| 11/23/2024 11/23/24 | For Sale | $500,000 | -- | $202 / 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 | $2,412 | $33,960 | -- | -- |
| 2022 | $2,412 | $33,950 | $7,400 | $26,550 |
| 2021 | $2,169 | $30,600 | $7,400 | $23,200 |
| 2020 | $2,115 | $29,710 | $7,400 | $22,310 |
| 2019 | $2,105 | $29,720 | $0 | $0 |
| 2018 | $1,967 | $27,820 | $0 | $0 |
| 2017 | $1,967 | $27,820 | $0 | $0 |
| 2016 | $1,967 | $27,820 | $0 | $0 |
| 2015 | $1,967 | $27,820 | $0 | $0 |
| 2014 | $1,975 | $29,840 | $0 | $0 |
| 2013 | $1,975 | $29,840 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jeanie Shea
Keller Williams Realty Hoover
(205) 249-0097
94 in this area
210 Total Sales
-
Buyer's Agent in 2025
Kelley Smith
RE/MAX
(205) 903-4975
1 in this area
195 Total Sales
-
Buyer Co-Listing Agent in 2025
Andrea Rouse
RE/MAX
(205) 542-2369
1 in this area
294 Total Sales
-
S
Buyer Co-Listing Agent in 2025
Scott Craft
Good Faith Realty
Map
Source: Greater Alabama MLS
MLS Number: 21403599
APN: 39-00-27-3-000-010.093
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