NOT LISTED FOR SALE

5655 Lake Trace Dr Birmingham, AL 35244

Estimated Value: $947,000 - $1,257,000

5 Beds
4.5 Baths
7,757 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $750,000 $97 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,510/month

Highlights

  • Home Theater
  • In Ground Pool
  • Lake View
  • Trace Crossings Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • 0.9 Acre Lot

About This Home

As of July 2018

Here is your chance to own one of Lake Trace's finest "Mini Castle's" built by the areas top and most sought after Builder. 3 Levels of pure quality with custom details throughout. Owners Suite on the main level with a connecting bath that would rival any European Retreat... Chefs Kitchen with beautiful Cabinetry, large island, stunning Keeping Room and inviting Eating area, with Lake Views.. Living Room with Built-ins and a Titanic Sized Formal Dining Room. Upper Level boasts 3 true Guest Suites all with connecting baths and 2 Super Sized Bonus Rooms. Lower Level with Media Room, Game area, Exercise Room, Full Bath, Wet Bar and 2 more Garage Spaces to go along with the 2 Garage Spaces on the main level. The Residence also includes Both open and covered Decks as well as a covered Patio all with lots of Privacy and pathways to the Lake...This is just one of the finest examples of Quality and Craftsmanship available in this beautiful Gated area of Trace Crossings.

Last Agent to Sell the Property

David Emory

ARC Realty Vestavia Listed on: 04/18/2018

ARC Realty Vestavia

Last Buyer's Agent

David Emory

ARC Realty Vestavia Listed on: 04/18/2018

ARC Realty Vestavia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 2004

Lot Details

  • 0.9 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Basement Garage
  • Garage on Main Level
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Insulated Doors
  • Great Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Home Theater
  • Recreation Room with Fireplace
  • Bonus Room
  • Keeping Room
  • Wood Flooring
  • Lake Views
  • Home Security System
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • Split Vanities
  • Hydromassage or Jetted Bathtub
  • Double Shower
  • Garden Bath
  • 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

Outdoor Features

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-00-33-3-000-064.000

Community Details

Overview

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Access: Curb and Gutters, Private Road
  • Living Area: 6029
  • Legal Description: Lot 2311 Trace Crossings 23rd SEC
  • Intermed: BROCKS GAP
  • List Price per Sq Ft: 132.53
  • Number Levels: 2+ Story
  • Property Type: Single Family
  • Termite Company Name: ALA PROF
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 2004
  • Price Per Sq Ft: 96.69
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Amenities: French Doors, Home Theater, Multiple Staircases, Recess Lighting, Security System, Wet Bar
  • Fireplace Details: Gas Starter
  • Fireplace Location: Great Room (FIREPL), Hearth/Keeping (FIREPL), Play/Rec Room (FIREPL)
  • Fireplace Type: Gas (FIREPL), Woodburning
  • Floors: Hardwood
  • Number Fireplaces: 3
  • Windows Treatments: Some to Remain
  • Bedroom/Bathroom Features: Double Shower, Garden Tub, Jetted Tub, Linen Closet, Separate Shower, Separate Vanities, Sitting Area in Master, Walk-In Closets
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Concatenated Rooms: |MasterBR1|MasterBath1|Bedroom2|Bedroom2|Bedroom2|FullBath2|FullBath2|HalfBath1|Kitchen1|DiningRoom1|Laundry1|KeepngRm1|GreatRoom1|Bonus2|MediaB|
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bath, On Level: 1
  • Room 3: Bedroom, On Level: 2
  • Room 4: Bedroom, On Level: 2
  • Room 5: Bedroom, On Level: 2
  • Room 6: Full Bath, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Half Bath, On Level: 1
  • Room 9: Kitchen, On Level: 1
  • Room 10: Dining Room, On Level: 1
  • Room 11: Laundry, On Level: 1
  • Room 12: Keeping Room, On Level: 1
  • Room 13: Great Room, On Level: 1
  • Room 14: Bonus, On Level: 2
  • Room 15: Media, On Level: B
  • Basement Rooms: Media (LVL BSMT)
  • Rooms Level 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+), Bonus (LVL 2+), Full Bath (LVL 2+)
  • Basement Style: Full Basement
  • Basement Style II: Both Fin and Unfin
  • Basement Style III: Daylight Basement
  • Kitchen Countertops: Solid Surface, Stone (KIT)
  • Kitchen Equipment: Cooktop-Gas, Dishwasher Built-In, Disposal, Ice Maker Built-In, Microwave Built-In, Oven-Electric, Self-Cleaning, Double Oven, Refrigerator
  • 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: 1728
  • Unfinished Basement Sq Ft: 1085
  • Main Level Sq Ft: 2813
  • Upper Level Sq Ft: 3216

Exterior Features

  • Patio: Yes
  • Construction: 4 Sides Brick, Siding-Wood
  • Decks: Yes
  • Decks Type: Covered (DECK), Open (DECK)
  • Exterior Features: Sprinkler System, Porch
  • Foundation: Basement
  • Patio Type: Covered - (PATIO)
  • Pool: Yes
  • Pool Features: In-Ground
  • Pool: Community
  • 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, Driveway Parking, Parking (MLVL), Off Street Parking

Utilities

  • Heating: Central (HEAT), Dual Systems (HEAT)
  • Cooling: 3+ Systems (COOL), Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water
  • HVAC Area: 7757

Condo/Co-op/Association

  • Amenities: Private Lake, Sidewalks, Street Lights
  • Association Fee: Yes
  • Association Fee: 1200
  • Association Fee Per: Yearly
  • HOA Management Company: McKay
  • Hoa Phone: 205-733-6700

Fee Information

  • Fees Include: Management Fee

Schools

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

Lot Info

  • Assessor Parcel Number: 39-00-33-3-000-064.000
  • Lot Description: Cul-de-sac
  • Lot View Type: Lake/Water View
  • Number Acres: 0.9

Green Features

  • Energy Green Features: Ceiling Fans, Doub Paned Windows, Insulated Door

Tax Info

  • Tax Database Id: 1
  • Tax District: HOOVER
  • Annual Tax: 5800
  • Assessor Parcel Number: 01073-39-00-33-3-000-064.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 25, 2018
Sold by
Bennett Robert M
Bought by
Bishop Patrick Charles and Bishop Patrick Charles
Seller's Agent
David Emory
ARC Realty Vestavia
Buyer's Agent
David Emory
ARC Realty Vestavia
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%
Current Estimated Value
$1,090,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,383
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Dec 1, 2004
Sold by
Feris For Construction Inc
Bought by
Bennett Robert M and Bennett Laurie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

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
$500,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Bishop Patrick Charles $750,000 --
Bennett Robert M $729,000 --
Feris For Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Robert M $500,000
Previous Owner Feris For Construction Inc $500,000
Closed Bennett Robert M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $750,000 -6.1% $97 / Sq Ft
07/08/2018 07/08/18 Price Changed $799,000 -11.1% $103 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $899,000 -- $116 / 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 $7,544 $105,920 -- --
2022 $6,953 $96,490 $10,400 $86,090
2021 $6,432 $89,320 $10,400 $78,920
2020 $5,968 $82,800 $10,400 $72,400
2019 $5,437 $75,620 $0 $0
2018 $5,610 $78,000 $0 $0
2017 $5,816 $80,840 $0 $0
2016 $5,816 $80,840 $0 $0
2015 $5,816 $80,840 $0 $0
2014 $5,725 $79,520 $0 $0
2013 $5,725 $79,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 813320

Greater Alabama MLS

APN: 39-00-33-3-000-064.000