5518 Shady Grove Rd Mount Olive, AL 35117
3
Beds
2
Baths
1,382
Sq Ft
0.64
Acres
Highlights
- Deck
- Stone Countertops
- Porch
- Attic
- Fenced Yard
- Recessed Lighting
About This Home
As of September 2024This charming 3-bedroom, 2-bathroom cottage-style home in Mt. Olive is a must-see! Conveniently located with easy access to the interstate, shopping, and schools, it boasts a split bedroom floor plan and delightful farmhouse-style finishes. Enjoy the view of your over half-acre lot from the welcoming front porch. Inside, you'll find new granite countertops and durable vinyl hardwood flooring throughout creating a fresh and modern feel. The spacious kitchen is a highlight, featuring ample counter space and cabinetry for all your storage and meal prep needs. Step outside to a large, flat, fenced-in backyard—ideal for children, entertaining, and pets. With a low-maintenance metal roof and zoning for Mt. Olive and Gardendale Schools, this home combines comfort, functionality, and convenience. Don’t miss the chance to make it yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $911
Year Built
- Built in 1955
Lot Details
- 0.64 Acre Lot
- Fenced Yard
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 1,382 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Recessed Lighting
- Crawl Space
- Attic
Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Stone Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Deck
- Porch
Schools
- Mt Olive Elementary School
- Bragg Middle School
- Gardendale High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- $13 Other Monthly Fees
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 14-00-03-3-002-016.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
Sep 30, 2024
Sold by
Ethridge Shelby Elise and Ethridge William
Bought by
Harpman Robert A and Harpman Teresa
Seller's Agent
Hiba Vaziri
Keller Williams Realty Vestavia
Buyer's Agent
James Tortorici
Area Real Estate Inc.
List Price
$210,000
Sold Price
$210,000
Views
93
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
$5,426
Avg. Annual Appreciation
2.67%
Original Mortgage
$180,000
Outstanding Balance
$164,506
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$50,370
Purchase Details
Listed on
Jun 14, 2021
Closed on
Jul 26, 2021
Sold by
Wehby Mike
Bought by
Ethridge William and Ethridge Shelby Elise
Seller's Agent
Lanna Hickman
EXIT Realty Sweet HOMElife
Buyer's Agent
Cindy Hilbrich
Keller Williams Realty Hoover
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$186,558
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 30, 2020
Closed on
Feb 26, 2021
Sold by
Medved Deborah E
Bought by
Mike Wehby And Duratus Housing Solutions
Seller's Agent
Carol Smith
EXIT Realty Cahaba
Buyer's Agent
Lanna Hickman
EXIT Realty Sweet HOMElife
List Price
$120,000
Sold Price
$79,000
Premium/Discount to List
-$41,000
-34.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
797.05%
Purchase Details
Closed on
Oct 5, 2005
Sold by
Renshaw Dennis Wayne
Bought by
Medved Deborah Elaine
Similar Homes in Mount Olive, 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 | $210,000 | None Listed On Document | |
| Warranty Deed | $190,000 | -- | |
| Warranty Deed | $79,000 | -- | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $186,558 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $210,000 | 0.0% | $152 / Sq Ft |
| 08/15/2024 08/15/24 | For Sale | $210,000 | +10.5% | $152 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $190,000 | +5.6% | $137 / Sq Ft |
| 06/14/2021 06/14/21 | For Sale | $179,900 | 0.0% | $130 / Sq Ft |
| 06/08/2021 06/08/21 | Price Changed | $179,900 | +127.7% | $130 / Sq Ft |
| 02/26/2021 02/26/21 | Sold | $79,000 | -20.2% | $80 / Sq Ft |
| 02/09/2021 02/09/21 | Pending | -- | -- | -- |
| 01/13/2021 01/13/21 | Price Changed | $99,000 | -10.0% | $101 / Sq Ft |
| 01/02/2021 01/02/21 | Price Changed | $110,000 | -4.3% | $112 / Sq Ft |
| 12/21/2020 12/21/20 | Price Changed | $115,000 | -4.2% | $117 / Sq Ft |
| 11/30/2020 11/30/20 | For Sale | $120,000 | -- | $122 / 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 | $911 | $17,940 | -- | -- |
| 2022 | $808 | $17,180 | $5,160 | $12,020 |
| 2021 | $1,030 | $10,280 | $5,160 | $5,120 |
| 2020 | $1,030 | $20,560 | $10,320 | $10,240 |
| 2019 | $1,030 | $20,560 | $0 | $0 |
| 2018 | $796 | $15,880 | $0 | $0 |
| 2017 | $733 | $14,640 | $0 | $0 |
| 2016 | $717 | $14,320 | $0 | $0 |
| 2015 | $708 | $14,140 | $0 | $0 |
| 2014 | $842 | $14,580 | $0 | $0 |
| 2013 | $842 | $14,020 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Hiba Vaziri
Keller Williams Realty Vestavia
(205) 434-8925
2 in this area
28 Total Sales
-
J
Buyer's Agent in 2024
James Tortorici
Area Real Estate Inc.
(205) 612-6923
1 in this area
5 Total Sales
-
L
Seller's Agent in 2021
Lanna Hickman
EXIT Realty Sweet HOMElife
(205) 567-1400
4 in this area
144 Total Sales
-
Seller's Agent in 2021
Carol Smith
EXIT Realty Cahaba
(205) 567-4499
1 in this area
38 Total Sales
-
Seller Co-Listing Agent in 2021
Regenia Lenoir
EXIT Realty Sweet HOMElife
(205) 612-4018
4 in this area
154 Total Sales
-
Buyer's Agent in 2021
Cindy Hilbrich
Keller Williams Realty Hoover
(205) 800-9183
2 in this area
212 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21394683
APN: 14-00-03-3-002-016.000
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