5545 Colony Ln Birmingham, AL 35226
Ross Bridge NeighborhoodEstimated Value: $406,000 - $420,000
4
Beds
3
Baths
2,438
Sq Ft
$171/Sq Ft
Est. Value
About This Home
This home is located at 5545 Colony Ln, Birmingham, AL 35226 and is currently estimated at $416,230, approximately $170 per square foot. 5545 Colony Ln is a home located in Jefferson County with nearby schools including Deer Valley Elementary School, Robert F. Bumpus Middle School, and Hoover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2020
Sold by
Jiwani Ramzan
Bought by
Wadhwani Bejal Doshi and Wadhwani Mahesh
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
$208,100
Outstanding Balance
$184,255
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$231,975
Purchase Details
Closed on
Apr 29, 2010
Sold by
Virani Nuruddin and Virani Anjum
Bought by
Jiwani Ramzan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2006
Sold by
Cendant Mobility Financial Corp
Bought by
Virani Nuruddin and Virani Anjum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 2006
Sold by
Rabil Thomas and Rabil Petra J
Bought by
Cendant Mobility Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2001
Sold by
Farrow Charles B and Farrow Julia Adams
Bought by
Rabil Thomas and Rabil Petra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,850
Interest Rate
6.37%
Purchase Details
Closed on
Jul 7, 1999
Sold by
D R Horton Inc Birmingham
Bought by
Farrow Charles B and Farrow Julia Adams
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.7%
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 |
|---|---|---|---|
| Wadhwani Bejal Doshi | $277,500 | -- | |
| Jiwani Ramzan | $236,000 | None Available | |
| Virani Nuruddin | -- | None Available | |
| Cendant Mobility Financial Corp | $249,000 | None Available | |
| Rabil Thomas | $212,500 | -- | |
| Farrow Charles B | $195,177 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wadhwani Bejal Doshi | $208,100 | |
| Previous Owner | Jiwani Ramzan | $184,000 | |
| Previous Owner | Virani Nuruddin | $236,550 | |
| Previous Owner | Rabil Thomas | $201,850 | |
| Previous Owner | Farrow Charles B | $140,250 |
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 | $5,303 | $76,460 | -- | -- |
| 2022 | $4,786 | $32,960 | $6,200 | $26,760 |
| 2021 | $4,096 | $28,210 | $6,200 | $22,010 |
| 2020 | $1,895 | $26,700 | $6,200 | $20,500 |
| 2019 | $1,775 | $25,180 | $0 | $0 |
| 2018 | $1,592 | $22,660 | $0 | $0 |
| 2017 | $1,702 | $24,180 | $0 | $0 |
| 2016 | $1,640 | $23,320 | $0 | $0 |
| 2015 | $1,640 | $23,320 | $0 | $0 |
| 2014 | $1,691 | $23,960 | $0 | $0 |
| 2013 | $1,691 | $23,960 | $0 | $0 |
Source: Public Records
Map
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