NOT LISTED FOR SALE

554 N Lake Cove Birmingham, AL 35242

North Shelby County Neighborhood

Estimated Value: $1,031,000 - $1,192,509

6 Beds
4.5 Baths
8,094 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $750,000 $93 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,643/month

14 Days on Market

Highlights

  • Golf Course Community
  • Water Access
  • Home Theater
  • Greystone Elementary School Rated A
  • Gated with Attendant
  • In Ground Pool

About This Home

As of March 2021

Gorgeous estate home in North Lake, with views of mountain and lake.

Last Agent to Sell the Property

Christina Douglas

RealtySouth-Homewood Listed on: 02/05/2021

RealtySouth-Homewood

Last Buyer's Agent

Kimbo Rutledge

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 2001

Lot Details

  • 1.24 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage on Main Level
  • Side Facing Garage
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Sound System
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Screened Porch
  • Utility Room Floor Drain
  • Attic

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Laundry Chute
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Home Security System
  • Intercom

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Pool

  • In Ground Pool
  • Fence Around Pool
  • Saltwater Pool
  • Pool is Self Cleaning

Outdoor Features

  • Water Access
  • Swimming Allowed
  • Lake Property
  • Balcony
  • Screened Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Greystone Elementary School
  • Berry Middle School
  • Spain Park High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-8-27-0-010-005.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, recreation facility, reserve for improvements, utilities for comm areas
  • Rouland Association, Phone Number (205) 620-4203

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,183

Year Built

Built in 2001

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road, Private Road, Public Road
  • Down Payment Assistance: No
  • Living Area: 6060
  • Legal Description: Block: Lot: 5 NORTH LAKE AT GREYSTONE
  • List Price per Sq Ft: 123.76
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: American Pest Control
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2001
  • Price Per Sq Ft: 92.66
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Amenities: Bay Window, French Doors, Home Theater, Intercom System, Multiple Staircases, Recess Lighting, Security System, Sound System, Split Bedroom, Textured Walls, Wet Bar
  • Fireplace Details: Brick (FIREPL), Gas Starter, Tile (FIREPL), Ventless
  • Fireplace Location: Den (FIREPL), Family Room (FIREPL), Living Room (FIREPL), Outdoors
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Carpet, Hardwood, Stone Floor, Tile Floor
  • Number Fireplaces: 4
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |Living1|DiningRoom1|MasterBR1|MasterBath1|Kitchen1|BrkfastRM1|Laundry1|HalfBath1|Bedroom2|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|MediaB|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Breakfast Room, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Half Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Full Bath, On Level: 2
  • Room 15: Media, On Level: B
  • Basement Rooms: Media (LVL BSMT)
  • Rooms Level 1: Breakfast Room (LVL 1), Dining Room (LVL 1), Half Bath (LVL 1), Kitchen (LVL 1), Laundry (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Rooms Level 2 Plus: Bedroom (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Poured Concrete Walls
  • Kitchen Countertops: Solid Surface
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Freezer, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Refrigerator, Some Stainless Appl, Warming Drawer
  • Kitchen Features: Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain, Chute, Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 2034
  • Main Level Sq Ft: 3855
  • Upper Level Sq Ft: 2205

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK), Screened (DECK)
  • Exterior Features: Balcony, Fenced Yard, Fireplace, Grill, Lighting System, Sprinkler System, Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: Cleaning System, In-Ground, Perimeter Fencing, Salt Water
  • Pool: Community
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 3
  • Number Total Garage Spaces: 3
  • Parking Features: Attached, Driveway Parking, Parking (MLVL), Unassigned Parking, Uncovered Parking

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 8094

Condo/Co-op/Association

  • Amenities: Clubhouse, Fishing, Gate Attendant, Gate Entrance/Comm, Private Lake, Sidewalks, Street Lights, Swimming Allowed, Tennis Courts, Walking Paths, Water Access
  • Association Fee: Yes
  • Association Fee: 850
  • Association Fee Per: Yearly
  • HOA Management Company: Rouland
  • Hoa Phone: 205-620-4203

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Recreation Facility, Reserve for Improvements, Utilities for Comm Areas

Schools

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

Lot Info

  • Assessor Parcel Number: 03-8-27-0-010-005.000
  • Lot Description: Corner Lot, Cul-de-sac, Golf Community, Some Trees, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View, Mountain View
  • Number Acres: 1.24

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Energy Star Appliances, LED Lighting, Programmable Thermostat

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 5183

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 17, 2021
Sold by
Willingham Thomas P and Willingham Maria D
Bought by
Drake Whit
Seller's Agent
Christina Douglas
RealtySouth-Homewood
Buyer's Agent
Kimbo Rutledge
Keller Williams Realty Vestavia
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,102,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,377
Avg. Annual Appreciation
9.10%
Original Mortgage
$550,000
Outstanding Balance
$498,606
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$605,629

Purchase Details

Closed on
Nov 27, 2000
Sold by
Willingham Thomas P and Willingham Maria D
Bought by
Willingham Thomas P and Willingham Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2000
Sold by
Durwin Richey Homes Inc
Bought by
Willingham Thomas P

Purchase Details

Closed on
Jul 11, 2000
Sold by
Greystone Farms North Llc
Bought by
Durwin Richey Homes Inc
Source: Public Records

Range of Values:

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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
Drake Whit $750,000 None Available
Willingham Thomas P -- --
Willingham Thomas P $110,000 --
Durwin Richey Homes Inc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Whit $550,000
Previous Owner Willingham Thomas P $700,000
Previous Owner Willingham Thomas P $417,000
Previous Owner Willingham Thomas P $80,000
Previous Owner Willingham Thomas $50,000
Previous Owner Willingham Thomas P $560,500
Previous Owner Willingham Thomas P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $750,000 0.0% $93 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $750,000 -- $93 / 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 $6,774 $101,860 $0 $0
2023 $6,977 $105,380 $0 $0
2022 $5,807 $87,940 $0 $0
2021 $5,457 $82,680 $0 $0
2020 $5,173 $78,400 $0 $0
2019 $5,571 $84,240 $0 $0
2017 $5,641 $85,440 $0 $0
2015 $5,416 $82,060 $0 $0
2014 $5,278 $79,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Douglas

    Seller's Agent in 2021

    Christina Douglas

    RealtySouth

    (205) 266-8298

    51 in this area

    263 Total Sales

    Christina Douglas
    Section Image
  • Kimbo Rutledge

    Buyer's Agent in 2021

    Kimbo Rutledge

    Keller Williams Realty Vestavia

    (205) 981-0193

    92 in this area

    148 Total Sales

    Kimbo Rutledge
    Section Image
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Map

Source: Greater Alabama MLS

MLS Number: 1279787

Greater Alabama MLS

APN: 03-8-27-0-010-005-000

Alabama Shelby County Birmingham 35242 North Shelby County

554 N Lake Cove, Birmingham, AL

This home is located at 554 N Lake Cove, Birmingham, AL 35242 since 05 February 2021 and is currently estimated at $1,102,377, approximately $136 per square foot. This property was built in 2001. 554 N Lake Cove 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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