5516 Magnolia Trace Birmingham, AL 35244
Estimated Value: $443,957 - $509,000
3
Beds
3
Baths
2,383
Sq Ft
$203/Sq Ft
Est. Value
About This Home
This home is located at 5516 Magnolia Trace, Birmingham, AL 35244 and is currently estimated at $483,239, approximately $202 per square foot. 5516 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 27, 2003
Sold by
Shad Abdur and Shafiq Saima
Bought by
Goss Erick T
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
$222,000
Outstanding Balance
$97,964
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,416
Purchase Details
Closed on
Jul 30, 2001
Sold by
Shad Abdur and Shafiq Saima
Bought by
Shad Abdur and Shadiq Saima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
7.18%
Purchase Details
Closed on
Jul 22, 2001
Sold by
Neis James L and Neis Bernadine G
Bought by
Shad Abdur
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
7.18%
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 |
---|---|---|---|
Goss Erick T | $277,500 | -- | |
Shad Abdur | $500 | -- | |
Shad Abdur | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Goss Erick T | $222,000 | |
Closed | Shad Abdur | $197,200 |
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 | $2,697 | $39,080 | -- | -- |
2022 | $2,462 | $34,630 | $7,400 | $27,230 |
2021 | $2,212 | $31,200 | $7,400 | $23,800 |
2020 | $2,155 | $30,280 | $7,400 | $22,880 |
2019 | $2,145 | $30,280 | $0 | $0 |
2018 | $1,945 | $27,520 | $0 | $0 |
2017 | $1,945 | $27,520 | $0 | $0 |
2016 | $1,945 | $27,520 | $0 | $0 |
2015 | $1,945 | $27,520 | $0 | $0 |
2014 | $1,967 | $29,720 | $0 | $0 |
2013 | $1,967 | $29,720 | $0 | $0 |
Source: Public Records
Map
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