NOT LISTED FOR SALE

5607 Lake Trace Dr Birmingham, AL 35244

Estimated Value: $898,000 - $967,000

5 Beds
4.5 Baths
6,859 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $539,900 $79 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,601/month

89 Days on Market

Highlights

  • In Ground Pool
  • Fishing
  • Lake Property
  • Trace Crossings Elementary School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of July 2016

Extraordinary space in this beautiful home in the gated community of Lake Trace in Trace Crossings. Simply gorgeous entry, dual staircases, Formal Living Room/Study, Formal Dining Room with butler's pantry, Flowing floor plan with Great Room, Kitchen and Keeping Room. Detailed ceiling treatments & crown molding; stone fireplace & vaulted ceiling in Keeping Room. The Kitchen shines with granite counters, stainless appliances, breakfast bar, & walk-in pantry. Huge Master Suite has custom-organized walk-in closets, Luxury Bath with separate vanities, separate tub and shower. Even the main level laundry room makes a statement with its abundant space and storage!! Upstairs, enjoy 3 large Bedrooms with walk-in closets, plus Bonus Room & walk-in attic. Finished downstairs has Media Room, 5th BR, 4th Full Bath, it's own HVAC system, and 3-car garage with storage and workshop area. Screened porch, open deck, & fenced backyard, which extends into wooded privacy, complete this awesome home .

Last Agent to Sell the Property

Gwen Brannum

RealtySouth-OTM-Acton Rd Listed on: 01/27/2016

RealtySouth-OTM-Acton Rd

Last Buyer's Agent

Mark Carlisle

RE/MAX Advantage License #000080563

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot
  • Fenced Yard
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Side Facing Garage

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Sound System
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace in Hearth Room
  • Stone Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Keeping Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 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
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Lake Property
  • Screened Deck

Schools

  • Trace Crossings Elementary School
  • Bumpus Middle School
  • Hoover High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39-00-33-2-000-058-000

Community Details

Overview

  • Association fees include common grounds mntc, management fee
  • Associa Mckay Association, Phone Number (205) 733-6700

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Living Area: 5250
  • Legal Description: Lot 1801, Trace Crossings, 18th Sector, MB 35, PG 44
  • List Price per Sq Ft: 103.79
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Termite Company Name: Cahaba Valey
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2004
  • Price Per Sq Ft: 78.71
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Amenities: Multiple Staircases, Recess Lighting, Security System, Sound System
  • Fireplace Details: Stone (FIREPL)
  • Fireplace Location: Great Room (FIREPL), Hearth/Keeping (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 2
  • Bedroom/Bathroom Features: Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |Living1|DiningRoom1|GreatRoom1|Kitchen1|KeepngRm1|BrkfastRM1|MasterBR1|MasterBath1|Laundry1|Bedroom2|Bedroom2|FullBath2|Bedroom2|Bonus2|MediaB|
  • Room 1: Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Great Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Keeping Room, On Level: 1
  • Room 6: Breakfast Room, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Bedroom, On Level: 2
  • Room 14: Bonus, 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), Great Room (LVL 1), Keeping Room (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+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven, Refrigerator, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 1609
  • Main Level Sq Ft: 3299
  • Upper Level Sq Ft: 1951

Exterior Features

  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK), Screened (DECK)
  • Exterior Features: Fenced Yard, Sprinkler System, Porch Screened
  • Foundation: Basement
  • Pool: Yes
  • Pool Features: In-Ground, Perimeter Fencing
  • Pool: Community
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 3
  • Number Total Garage Spaces: 3
  • Parking Features: Attached, Basement Parking

Utilities

  • Heating: 3+ Systems (HEAT), Central (HEAT), Forced Air, Gas Heat
  • Cooling: 3+ Systems (COOL), Central (COOL), Electric (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 6859

Condo/Co-op/Association

  • Amenities: Clubhouse, Fishing, Gate Entrance/Comm, Playgound, Private Lake, Sidewalks, Street Lights, Tennis Courts, Walking Paths
  • Association Fee: Yes
  • Association Fee: 752
  • Association Fee Per: Yearly
  • HOA Management Company: Associa-McKay
  • Hoa Phone: 205-733-6700

Fee Information

  • Fees Include: Common Grounds Mntc, Management Fee

Schools

  • Elementary School: TRACE CROSSINGS
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-00-33-2-000-058-000
  • Number Acres: 0.42

Tax Info

  • Tax District: HOOVER
  • Annual Tax: 11200

MLS Schools

  • Elementary School: TRACE CROSSINGS
  • High School: HOOVER
  • Jr Middle School: BUMPUS, ROBERT F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2016
Sold by
National Residential Nomin
Bought by
Jabr Atef and Hammoudi Luma
Current Estimated Value
$937,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Center Patrick
Bought by
National Residential Nominee Svcs Inc and C/O Altair Global Svcs Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Wong Danny J and Wong Noemi Z
Bought by
Taylor Paul K and Taylor Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Toxey Construction Co Inc
Bought by
Wong Danny J and Wong Noemi Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,920
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
United States Steel Corp
Bought by
Toxey Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.04%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Jabr Atef $539,900 --
National Residential Nominee Svcs Inc $577,500 --
Taylor Paul K $580,000 None Available
Wong Danny J $574,900 --
Toxey Construction Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jabr Atef $389,000
Previous Owner Taylor Paul K $417,000
Previous Owner Wong Danny J $459,920
Previous Owner Toxey Construction Co Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $539,900 -0.9% $79 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $544,900 -- $79 / 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 $96,100 -- --
2022 $6,202 $86,150 $13,000 $73,150
2021 $5,759 $80,060 $13,000 $67,060
2020 $5,367 $74,520 $13,000 $61,520
2019 $4,914 $68,420 $0 $0
2018 $5,363 $74,600 $0 $0
2017 $5,363 $74,600 $0 $0
2016 $10,832 $149,200 $0 $0
2015 $10,832 $77,200 $0 $0
2014 -- $76,000 $0 $0
2013 -- $76,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 739025

Greater Alabama MLS

APN: 39-00-33-2-000-058.000