5623 Lake Trace Dr Birmingham, AL 35244
Estimated Value: $744,000 - $865,973
11
Beds
4
Baths
4,287
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 5623 Lake Trace Dr, Birmingham, AL 35244 and is currently estimated at $833,993, approximately $194 per square foot. 5623 Lake Trace Dr is a home located in Jefferson County with nearby schools including Trace Crossings Elementary School, Robert F. Bumpus Middle School, and Hoover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2004
Sold by
Feris For Construction Inc
Bought by
Truett William C and Truett Tracey N
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
$329,900
Outstanding Balance
$165,028
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$668,965
Purchase Details
Closed on
Dec 1, 2003
Sold by
United States Steel Corp
Bought by
Feris For Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Truett William C | $539,900 | -- | |
Feris For Construction Inc | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Truett William C | $329,900 | |
Previous Owner | Feris For Construction Inc | $350,000 |
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 | $5,775 | $82,520 | -- | -- |
2022 | $5,266 | $73,260 | $13,000 | $60,260 |
2021 | $4,901 | $68,240 | $13,000 | $55,240 |
2020 | $4,580 | $63,670 | $13,000 | $50,670 |
2019 | $4,206 | $58,660 | $0 | $0 |
2018 | $4,055 | $56,580 | $0 | $0 |
2017 | $4,188 | $58,420 | $0 | $0 |
2016 | $4,188 | $58,420 | $0 | $0 |
2015 | $4,188 | $58,420 | $0 | $0 |
2014 | $4,131 | $57,560 | $0 | $0 |
2013 | $4,131 | $57,560 | $0 | $0 |
Source: Public Records
Map
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