NOT LISTED FOR SALE

5703 Colony Ln Birmingham, AL 35226

Ross Bridge Neighborhood

Estimated Value: $230,000 - $281,000

2 Beds
2 Baths
1,284 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $166,000 $129 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,382/month

About This Home

As of November 2020

Beautiful townhouse in amazing area close to shopping & food within Hoover. Very well kept and taken care of.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 30, 2020
Sold by
Bennett Patsy Eugene
Bought by
Espinoza Jessica M
Seller's Agent
Bridget McLaughlin
Real Broker LLC
Buyer's Agent
Charles Valekis
ARC Realty Vestavia
List Price
$169,000
Sold Price
$166,000
Premium/Discount to List
-$3,000
-1.78%
Current Estimated Value
$228,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,176
Avg. Annual Appreciation
7.39%
Original Mortgage
$162,993
Outstanding Balance
$146,197
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$86,047

Purchase Details

Closed on
Dec 10, 2015
Sold by
Jones Shelley
Bought by
Bennett Beverly J and Bennett Patsy Eugene

Purchase Details

Closed on
Nov 10, 2010
Sold by
Anderson Scott Shelley Jones and Anderson Scott Michael
Bought by
Scott Shelley Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,931
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2004
Sold by
Reilly Building Co Llc
Bought by
Palermo Lauren Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,320
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Espinoza Jessica M $175,000 --
Bennett Beverly J $126,000 --
Scott Shelley Jones $500 None Available
Palermo Lauren Z $122,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Jessica M $162,993
Previous Owner Scott Shelley Jones $130,931
Previous Owner Palermo Lauren Z $98,320
Previous Owner Palermo Lauren Z $18,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $166,000 -1.8% $129 / Sq Ft
09/25/2020 09/25/20 For Sale $169,000 -- $132 / Sq Ft

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 $1,299 $19,700 -- --
2022 $1,184 $17,030 $3,500 $13,530
2021 $2,124 $14,630 $3,500 $11,130
2020 $0 $13,860 $3,500 $10,360
2019 $0 $13,100 $0 $0
2018 $0 $13,280 $0 $0
2017 $0 $12,960 $0 $0
2016 $855 $12,500 $0 $0
2015 $855 $12,500 $0 $0
2014 $833 $12,140 $0 $0
2013 $833 $12,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bridget McLaughlin

    Real Broker LLC

    (205) 381-8217

    4 in this area

    56 Total Sales

    Section Image
  • Charles Valekis

    Buyer's Agent in 2020

    Charles Valekis

    ARC Realty Vestavia

    (205) 862-9780

    6 in this area

    149 Total Sales

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Map

Alabama Jefferson County Birmingham 35226 Ross Bridge

5703 Colony Ln, Birmingham, AL

This home is located at 5703 Colony Ln, Birmingham, AL 35226 and is currently estimated at $246,663, approximately $192 per square foot. 5703 Colony Ln is a home located in Jefferson County with nearby schools including Deer Valley Elementary School, Robert F. Bumpus Middle School, and Hoover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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