NOT LISTED FOR SALE

5520 Lakes Edge Dr Birmingham, AL 35242

Estimated Value: $634,000 - $773,000

4 Beds
3.5 Baths
3,290 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $512,000 $156 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,937/month

Highlights

  • In Ground Pool
  • Lake View
  • Wood Flooring
  • Greystone Elementary School Rated A
  • Great Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of December 2017

Beautifully updated home with so much character. Hardwood floors, 10 ft ceilings, shutters and unique light fixtures all add to its charm. Open Floor Plan has a relaxing, cottage style feel. Peaceful ML Master Suite features wide plank Bamboo Flooring, French doors to outside patio, and a fabulous spa like bathroom with huge custom closet. Separate Shower boosts three body sprays, rainhead plus handheld fixture. And there is plenty of hot water - master bath has separate hot water heater. Just outside is a large screened porch with masonry wood burning fireplace, Limestone surround, stone ledge seating & tongue and groove pine vaulted ceiling. This is the spot for entertaining and relaxing in your private backyard. Upstairs there is plenty of room for kids and guests - 3 bedrooms, 2 full baths, large closets, updated bathrooms & huge attic floored space. 4th bedroom features custom storage, built-ins, pine floors and ceiling as well as kitchenette - perfect for playroom/hangout.

Last Agent to Sell the Property

Rosemary Weed

ARC Realty - Homewood Listed on: 11/17/2017

ARC Realty - Homewood

Last Buyer's Agent

Becky Hicks

ARC Realty Vestavia

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,853

Year Built

  • 1996

Lot Details

  • Fenced Yard
  • Sprinkler System

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • French Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Screened Porch
  • Lake Views
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath
  • Separate Shower

Laundry

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

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Fireplace in Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Underground Utilities
  • Multiple Water Heaters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-8-34-0-004-024.000

Community Details

Overview

  • Premier Property Mgt Association, Phone Number (205) 403-8787

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,853

Year Built

1996

Lot Details

0

HOA Fees

$66 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 3290
  • Legal Description: Greystone Farms Lakes Edge Lot 24
  • List Price per Sq Ft: 158.02
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valley
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Amenities: French Doors, Recess Lighting
  • Fireplace Details: Gas Starter, Masonry, Gas Logs
  • Fireplace Location: Great Room (FIREPL), Patio (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Garden Tub, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |GreatRoom1|DiningRoom1|Kitchen1|MasterBR1|MasterBath1|Laundry1|Bedroom2|Bedroom2|FullBath2|Bedroom2|FullBath2|HalfBath1|
  • Room 1: Great Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Laundry, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Half Bath, On Level: 1
  • Rooms Level 1: Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Oven-Electric
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Main Level Sq Ft: 1983
  • Upper Level Sq Ft: 1307

Exterior Features

  • Patio: Yes
  • Construction: 3 Side Brick, Siding-Other
  • Exterior Features: Fenced Yard, Sprinkler System, Porch Screened
  • Foundation: Crawl Space
  • Patio Type: Screened (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • Water Heater: Gas (WTRHTR), 2+ Water Heaters, Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Front
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Attached, Driveway Parking

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT)
  • Cooling: Central (COOL), Dual Systems (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee: 786
  • Association Fee Per: Yearly
  • HOA Management Company: Premier Property Mgt
  • Hoa Phone: 205-403-8787

Fee Information

  • Library Fee: Yes
  • Library Fee Amount: 16
  • Library Fee Per: Yearly

Schools

  • Elementary School: GREYSTONE
  • Middle School: BERRY
  • High School: SPAIN PARK

Lot Info

  • Assessor Parcel Number: 03-8-34-0-004-024.000
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows

Tax Info

  • Tax District: HOOVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Dec 28, 2017
Sold by
Weeks Donna Roberts
Bought by
Wallace Walter M
Seller's Agent
Rosemary Weed
ARC Realty - Homewood
Buyer's Agent
Becky Hicks
ARC Realty Vestavia
List Price
$519,900
Sold Price
$512,000
Premium/Discount to List
-$7,900
-1.52%
Current Estimated Value
$671,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,571
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Smith James C and Smith Linda Bishop
Bought by
Weeks Donna Roberts

Purchase Details

Closed on
Feb 21, 2002
Sold by
Handley Jerry W and Handley Kellie W
Bought by
Smith James C and Smith Linda Bishop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
4.87%
Source: Public Records

Range of Values:

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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
Wallace Walter M $512,000 None Available
Weeks Donna Roberts $329,900 --
Smith James C $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith James C $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $512,000 -1.5% $156 / Sq Ft
11/17/2017 11/17/17 For Sale $519,900 -- $158 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

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 $3,853 $57,940 $0 $0
2023 $3,003 $50,300 $0 $0
2022 $2,776 $46,520 $0 $0
2021 $2,581 $43,260 $0 $0
2020 $2,506 $42,020 $0 $0
2019 $2,409 $40,400 $0 $0
2017 $2,389 $36,540 $0 $0
2015 $2,276 $34,840 $0 $0
2014 $2,110 $32,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Weed

    Seller's Agent in 2017

    Rosemary Weed

    ARC Realty - Homewood

    (205) 902-1818

    14 Total Sales

    Rosemary Weed
    Section Image
  • Becky Hicks

    Buyer's Agent in 2017

    Becky Hicks

    ARC Realty Vestavia

    (205) 533-4445

    37 Total Sales

    Becky Hicks
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 800696

Greater Alabama MLS

APN: 03-8-34-0-004-024-000

Alabama Shelby County Birmingham 35242

5520 Lakes Edge Dr, Birmingham, AL

This home is located at 5520 Lakes Edge Dr, Birmingham, AL 35242 since 17 November 2017 and is currently estimated at $671,571, approximately $204 per square foot. This property was built in 1996. 5520 Lakes Edge Dr is a home located in Shelby County with nearby schools including Greystone Elementary School, Berry Middle School, and Spain Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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