NOT LISTED FOR SALE

5642 Lake Trace Dr Birmingham, AL 35244

Estimated Value: $908,000 - $1,145,000

5 Beds
7 Baths
6,606 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $619,000 $94 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,979/month

Highlights

  • 20 Feet of Waterfront
  • In Ground Pool
  • Wind Turbine Power
  • Trace Crossings Elementary School Rated A
  • Fishing
  • Gated Community

About This Home

As of November 2018

Luxury, Location,Lakefront, and beautiful! Imagine heading home from a long day, punching in the code to enter your first class gated community, and pulling up to your beautiful home. You are greeted with a beautiful stacked stone entrance and options for parking above and below. You enter and smile because you are greeted with a beautiful open great room looking at a beautiful lake in your back yard. Its time to unwind so you pour a bubble bath and turn on the 2 sided fireplace by your jacuzzi tub and relax. You have a big smile because company is coming this weekend! You can put the fellas in the huge finished basement, entertain on the main level, go formal in the dining room, or lay out on the upper level sun deck. The possibilities are endless. Your workdays are peaceful because your children are getting the best of schooling. Your commutes are easy because of the convenience that surrounds you. Now that's life. It could be your life and is offered to you at 5642 Lake Trace Dr.

Last Agent to Sell the Property

Gene Darden

Real Broker LLC Listed on: 09/25/2018

Last Buyer's Agent

Debi Mestre

MD Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,045

Year Built

  • Built in 2005

Lot Details

  • 1.19 Acre Lot
  • 20 Feet of Waterfront
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Basement Garage
  • Garage on Main Level
  • Side Facing Garage

Home Design

  • Ridge Vents on the Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • See Through Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Utility Room Floor Drain
  • Keeping Room
  • Lake Views
  • Attic

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Bathtub and Shower Combination in Primary Bathroom
  • Double Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • 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

  • Wind Turbine Power

Outdoor Features

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-33-3-000-059.000

Community Details

Overview

  • Association fees include management fee, utilities for comm areas, water
  • Mckay Management Association, Phone Number (205) 733-6700

Recreation

  • Community Playground
  • Community Pool
  • Fishing
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,045

Year Built

Built in 2005

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Paved Road
  • Living Area: 4142
  • Legal Description: Lot 2315 Trace Crossings 23rd Sector 38/69
  • Intermed: BROCKS GAP
  • List Price per Sq Ft: 153.31
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Year Built: 2005
  • Price Per Sq Ft: 93.7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Amenities: Central Vacuum, Intercom System, Recess Lighting, Security System
  • Fireplace Details: Gas Starter, See-Through, Ventless
  • Fireplace Location: Den (FIREPL), Great Room (FIREPL), Master Bedroom (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 3
  • Bedroom/Bathroom Features: Double Shower, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Concatenated Rooms: |DiningRoom1|GreatRoom1|KeepngRm1|Kitchen1|Laundry1|BrkfastRM1|HalfBath1|MasterBath1|MasterBR1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|FullBath2|
  • Room 1: Dining Room, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Keeping Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Breakfast Room, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Master Bedroom, On Level: 1
  • 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: Full Bath, On Level: 2
  • Rooms Level 1: Breakfast Room (LVL 1), Dining Room (LVL 1), Great Room (LVL 1), Half Bath (LVL 1), Keeping Room (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, Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Convection Oven, Dishwasher Built-In, Microwave Built-In, Oven-Gas, Self-Cleaning, Refrigerator
  • Kitchen Features: Breakfast Bar, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain, Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Attic: Yes
  • Attic Type: Walk-In
  • Basement Finished Sq Ft: 2464
  • Main Level Sq Ft: 2330
  • Upper Level Sq Ft: 1812

Exterior Features

  • Patio: Yes
  • Waterfront Name: LAKE TRACE
  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK), Screened (DECK)
  • Exterior Features: Sprinkler System, Porch, Porch Screened
  • Foundation: Basement
  • Patio Type: Open (PATIO), Screened (PATIO)
  • Pool: Yes
  • Pool Features: Cleaning System, In-Ground, Perimeter Fencing
  • Pool: Community
  • Waterfront: Yes
  • Waterfront Frontage: 20
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Garage Entry Location: Side
  • Number Garage Spaces Bsmt Lvl: 2
  • Number Garage Spaces Main Lvl: 2
  • Number Total Garage Spaces: 4
  • Parking Features: Basement Parking, Parking (MLVL)

Utilities

  • Heating: 3+ Systems (HEAT), Gas Heat, Heat Pump (HEAT), Zoned (HEAT)
  • Cooling: 3+ Systems (COOL), Heat Pump (COOL), Zoned (COOL)
  • Sewer/Septic System: Connected
  • Underground Utils: Yes
  • Water: Public Water
  • HVAC Area: 6606

Condo/Co-op/Association

  • Amenities: Boats-Non Motor Only, Clubhouse, Fishing, Gate Entrance/Comm, Playgound, Private Lake, Sidewalks, Street Lights, Walking Paths
  • Association Fee: Yes
  • Association Fee: 365
  • Association Fee Per: Yearly
  • HOA Management Company: McKay Management
  • Hoa Phone: 205-733-6700

Fee Information

  • Fees Include: Management Fee, Utilities for Comm Areas, Water

Schools

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

Lot Info

  • Assessor Parcel Number: 39-00-33-3-000-059.000
  • Lot Description: Interior Lot, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View
  • Number Acres: 1.19

Green Features

  • Energy Green Features: Ceiling Fans, Power Vent, Programmable Thermostat, Ridge Vent, Turbines

Tax Info

  • Tax Database Id: 1
  • Tax District: HOOVER
  • Annual Tax: 5045
  • Assessor Parcel Number: 01073-39-00-33-3-000-059.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Nov 30, 2018
Sold by
House 2 Home Inc
Bought by
Spellen Brian L and Spellen Simone A
Seller's Agent
Gene Darden
Real Broker LLC
Buyer's Agent
Debi Mestre
MD Realty LLC
List Price
$635,000
Sold Price
$619,000
Premium/Discount to List
-$16,000
-2.52%
Current Estimated Value
$1,016,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,042
Avg. Annual Appreciation
7.53%
Original Mortgage
$453,100
Outstanding Balance
$395,667
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$620,375

Purchase Details

Listed on
Aug 30, 2017
Closed on
Nov 10, 2017
Sold by
Sellers Ronald
Bought by
House 2 Home Inc
Seller's Agent
Jeanie Shea
Keller Williams Realty Hoover
Buyer's Agent
Jay Juliano
Canterbury Realty Group, LLC
List Price
$550,000
Sold Price
$472,626
Premium/Discount to List
-$77,374
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.99%
Original Mortgage
$416,648
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2017
Closed on
Nov 7, 2017
Sold by
Lake Trace Owners Associat
Bought by
Sellers Ronald
Seller's Agent
Jeanie Shea
Keller Williams Realty Hoover
Buyer's Agent
Jay Juliano
Canterbury Realty Group, LLC
List Price
$550,000
Sold Price
$472,626
Premium/Discount to List
-$77,374
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,648
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
Sellers Ronald
Bought by
Lake Trace Owners Assocaition
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
Spellen Brian L $619,000 --
House 2 Home Inc $472,626 --
Sellers Ronald -- --
Lake Trace Owners Assocaition -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spellen Brian L $453,100
Previous Owner House 2 Home Inc $416,648
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $619,000 -2.5% $94 / Sq Ft
09/25/2018 09/25/18 For Sale $635,000 +34.4% $96 / Sq Ft
11/09/2017 11/09/17 Sold $472,626 -14.1% $114 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $550,000 -- $133 / 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 $6,739 $95,640 -- --
2022 $6,411 $89,030 $13,000 $76,030
2021 $5,951 $82,700 $13,000 $69,700
2020 $5,596 $153,880 $26,000 $127,880
2019 $9,786 $141,200 $0 $0
2018 $5,045 $70,220 $0 $0
2017 $5,340 $74,280 $0 $0
2016 $5,340 $74,280 $0 $0
2015 $3,233 $74,280 $0 $0
2014 $3,194 $44,660 $0 $0
2013 $3,194 $44,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 829690

Greater Alabama MLS

APN: 39-00-33-3-000-059.000