$472,626
SOLD NOV 9, 2017

5642 Lake Trace Dr Birmingham, AL 35244

4 Beds
7 Baths
4,142 Sq Ft
1.19 Acres

Recently Sold

$114 Per Sq Ft

14% Below List Price

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

This one-of-a-kind executive home has over 6,600 sq feet of fabulous living space. It is perched up on a hill creating total privacy and a serene view of the lake. Each of the 4 bedrooms has a large, private bath with the master bedroom on the main level. The main level has all hardwood floors that flow from the massive great room to the keeping room and kitchen. The open concept living space is great for entertaining. The triple crown molding is throughout the house with accents of gold inlaid paint. Two main level garages and two lower level garages are available for your convenience. The finished, daylight basement has floor to ceiling windows and space for all your family needs. Extras include a sprinkler system, central vacuum, multiple fireplaces, a separate water meter, downstairs & upstairs laundry. Must see! Best deal in Lake Trace! Short sale.

Last Agent to Sell the Property

Jeanie Shea

Keller Williams Realty Hoover Listed on: 08/30/2017

Keller Williams Realty Hoover

Last Buyer's Agent

Jay Juliano

Canterbury Realty Group, LLC License #000078891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,739

Year Built

  • 2005

Lot Details

  • 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

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • See Through Fireplace
  • Gas Fireplace
  • Window Treatments
  • 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
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 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
  • Associamckay 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

$6,739

Year Built

2005

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Public Road
  • Living Area: 4142
  • Legal Description: Lot 2315 Trace Crossings 23rd Sector 38/69
  • Intermed: BROCKS GAP
  • List Price per Sq Ft: 132.79
  • Number Levels: 1.5-Story
  • Property Type: Single Family
  • Year Built Description: Existing
  • Special Features: 12
  • 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, Tile (FIREPL), Ventless
  • Fireplace Location: Den (FIREPL), Great Room (FIREPL), Master Bedroom (FIREPL)
  • Fireplace Type: Gas (FIREPL)
  • Floors: Carpet, Hardwood, Tile Floor
  • Number Fireplaces: 3
  • Windows Treatments: All
  • Bedroom/Bathroom Features: Double Shower, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Shared Bath, Split Bedrooms, Tub/Shower Combo, Walk-In Closets
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7
  • Concatenated Rooms: |DiningRoom1|GreatRoom1|KeepngRm1|Kitchen1|Laundry1|BrkfastRM1|HalfBath1|MasterBR1|MasterBath1|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 Bedroom, On Level: 1
  • Room 9: Master Bath, 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, Some Stainless Appl
  • Kitchen Features: Breakfast Bar, Eating Area, Island, Pantry
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Floor Drain, Utility Sink, Washer Hookup
  • Laundry Location: Laundry (MLVL), Laundry (UPLVL)
  • 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 Side 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

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: AssociaMcKay 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: Acreage, Interior Lot, Subdivision
  • Lot View: Yes
  • Lot View Type: Lake/Water View

Green Features

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

Tax Info

  • Tax District: HOOVER

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:

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 Type Sale Price Title Company
Warranty Deed $619,000 --
Warranty Deed $472,626 --
Quit Claim Deed -- --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,100 New Conventional
Previous Owner $416,648 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 794501

Greater Alabama MLS

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