NOT LISTED FOR SALE

5553 Lakes Edge Dr Birmingham, AL 35242

Estimated Value: $715,948 - $807,000

4 Beds
3.5 Baths
4,693 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $450,000 $96 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,412/month

Highlights

  • 85 Feet of Waterfront
  • In Ground Pool
  • Gated Community
  • Greystone Elementary School Rated A
  • Fishing
  • Lake View

About This Home

As of March 2018

Make plans to see this rare gem ON THE WATERFRONT in Greystone Farms! Tucked in a hidden cove, the fortunate new owners of this home will enjoy a resort setting near schools, shopping..all that North Shelby Co. has to offer! 4000+ sq.ft. of well appointed living area, complete w/fully finished daylight basement, ML parking, and a large ML master bedroom and bath, great room w/separate dining room also on ML as well as ML laundry and powder room. Updated Kitchen includes SS Appliances & Quartz countertops. Large screened porch w/deck overlooking the lake. Two bedrooms w/shared bath upstairs, as well as ample walk-in storage space. The downstairs of this home offers a large 4th BR, full bath, HUGE den, office, workout room, extra storage and patio. New paint inside and out, new carpet throughout and gleaming hardwoods. Mature, meticulous landscaping, on a quiet cul-de-sac, only steps to the trail bordering the 14-acre lake. Schedule an appointment today to see this unique ONE-OWNER home!

Last Agent to Sell the Property

Don Morgan

RE/MAX Southern Homes-280 License #65083 Listed on: 07/14/2017

RE/MAX Southern Homes-280

Last Buyer's Agent

Yanxi Zhang

ARC Realty Vestavia

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • 1998

Lot Details

  • 85 Feet of Waterfront
  • Cul-De-Sac
  • Interior Lot
  • Irregular Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage on Main Level
  • Side Facing Garage
  • Driveway

Home Design

  • Ridge Vents on the Roof

Interior Spaces

  • 1.5-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Great Room with Fireplace
  • Dining Room
  • Play Room
  • Lake Views
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • 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
  • Linen Closet In Bathroom

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Lake Property
  • Screened Deck
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-8-34-0-004-013.000

Community Details

Overview

  • Association fees include common grounds mntc, management fee, recreation facility, utilities for comm areas
  • Premier Property Mgmt. Association, Phone Number (205) 403-8787

Recreation

  • Community Playground
  • Community Pool
  • Fishing
  • Park

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

1998

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Paved Road, Private Road
  • Living Area: 2957
  • Legal Description: GREYSTONE FARMS LAKES EDGE SECTOR AMENDED LOT 13
  • List Price per Sq Ft: 155.39
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Porter's Termonox
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Amenities: French Doors, Multiple Staircases, Recess Lighting
  • Fireplace Details: Insert, Tile (FIREPL)
  • Fireplace Location: Great Room (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 1
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Concatenated Rooms: |MasterBR1|MasterBath1|HalfBath1|GreatRoom1|DiningRoom1|Kitchen1|Laundry1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|Play/RecB|ExerciseB|FullBathB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Great Room, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Full Bath, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Play/Rec, On Level: B
  • Room 14: Exercise, On Level: B
  • Room 15: Full Bath, On Level: B
  • Basement Rooms: Exercise (LVL BSMT), Full Bath (LVL BSMT), Play/Rec (LVL BSMT)
  • 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+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement, Plumbing Stubbed, Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Some Stainless Appl
  • Kitchen Features: Eating Area, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 1736
  • Main Level Sq Ft: 2025
  • Upper Level Sq Ft: 932

Exterior Features

  • Patio: Yes
  • Waterfront Name: GREYSTONE FARMS
  • Construction: 4 Side Brick
  • Decks: Yes
  • Decks Type: Open (DECK), Screened (DECK)
  • Exterior Features: Sprinkler System
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Waterfront: Yes
  • Waterfront Frontage: 85
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 2
  • Parking Features: Driveway Parking, Parking (MLVL)

Utilities

  • Heating: 3+ Systems (HEAT), Central (HEAT), Forced Air, Gas Heat, Heat Pump (HEAT)
  • Cooling: 3+ Systems (COOL), Central (COOL), Electric (COOL), Heat Pump (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 4693

Condo/Co-op/Association

  • Amenities: BBQ Area, Fishing, Gate Entrance/Comm, Park, Playgound, Private Lake, Swimming Not Allowed
  • Association Fee: Yes
  • Association Fee: 750
  • Association Fee Per: Yearly
  • HOA Management Company: Premier Property Mgmt.
  • Hoa Phone: 205-403-8787

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee, Recreation Facility, Utilities for Comm Areas
  • Library Fee: Yes
  • Library Fee Amount: 15
  • Library Fee Per: Yearly

Schools

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

Lot Info

  • Assessor Parcel Number: 03-8-34-0-004-013.000
  • Lot Description: Cul-de-sac, Interior Lot, Irregular Lot, Some Trees, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Ridge Vent

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Mar 30, 2018
Sold by
Dingledy Thomas G and Dingledy Luz A
Bought by
Li Wei and Guo Hui
Seller's Agent
Don Morgan
RE/MAX Southern Homes-280
Buyer's Agent
Yanxi Zhang
ARC Realty Vestavia
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Current Estimated Value
$762,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,487
Avg. Annual Appreciation
7.22%
Original Mortgage
$405,000
Outstanding Balance
$329,311
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$433,176

Purchase Details

Closed on
Apr 30, 1998
Sold by
Greystone Lands Inc
Bought by
Dingledy Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Wei $450,000 None Available
Dingledy Thomas G $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei $405,000
Closed Dingledy Thomas G $227,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $450,000 -2.1% $96 / Sq Ft
01/11/2018 01/11/18 Price Changed $459,500 -2.1% $98 / Sq Ft
08/15/2017 08/15/17 Price Changed $469,500 -1.1% $100 / Sq Ft
07/31/2017 07/31/17 Price Changed $474,500 -0.1% $101 / Sq Ft
07/14/2017 07/14/17 For Sale $474,900 -- $101 / 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 $4,200 $63,160 $0 $0
2023 $3,619 $54,880 $0 $0
2022 $2,610 $39,860 $0 $0
2021 $2,981 $45,440 $0 $0
2020 $2,932 $44,700 $0 $0
2019 $2,796 $42,660 $0 $0
2017 $2,638 $40,280 $0 $0
2015 $2,514 $38,420 $0 $0
2014 $2,333 $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Don Morgan

    RE/MAX

    Section Image
  • Yanxi Zhang

    Buyer's Agent in 2018

    Yanxi Zhang

    ARC Realty Vestavia

    (205) 213-3388

    1 in this area

    73 Total Sales

    Yanxi Zhang
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 789958

Greater Alabama MLS

APN: 03-8-34-0-004-013-000

Alabama Shelby County Birmingham 35242

5553 Lakes Edge Dr, Birmingham, AL

This home is located at 5553 Lakes Edge Dr, Birmingham, AL 35242 since 14 July 2017 and is currently estimated at $762,487, approximately $162 per square foot. This property was built in 1998. 5553 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.

Nearby Homes