NOT LISTED FOR SALE

5874 Shades Run Ln Unit 3 Birmingham, AL 35244

Estimated Value: $476,000 - $546,000

0.59 Acre
$874,772 Price per Acre
25,657 Sq Ft Lot

Last Sold November 14, 2013

Last sale price $50,000

Est. 930% increase in value since last sale

Current estimated payment $3,196/month

179 Days on Market

About This Lot

As of November 2013

Multiple lots possible. Convenient to schools, shopping & interstates.

Last Agent to Sell the Property

Rebecca Falkner

RealtySouth-OTM-Acton Rd License #000062912 Listed on: 03/20/2013

Last Buyer's Agent

Blake Shultz

ARC Realty - Hoover

ARC Realty - Hoover

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,817

Year Built

  • 2020

Lot Details

  • 0.59 Acre Lot
  • Subdivision Possible

Schools

  • South Shades Crest Elementary School
  • Bumpus Middle School
  • Hoover High School

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 39-32-3-000-002.005

Property Details

Property Type

Land

Est. Annual Taxes

$3,817

Year Built

2020

Lot Details

0

Listing Details

  • Class: Land/Lots
  • Legal Description: LOT 3 SHADES RUN MB 43 PG 60
  • Property Type: Lots
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Road Access: City Road, Paved Road

Utilities

  • Sewer/Septic System: Septic
  • Water: Public Water
  • Utilities Available: Cable Available, Electricity, Gas, Phone, Water
  • Utilities On-site: Electricity, Gas, Underground Utils, Water

Schools

  • Elementary School: SOUTH SHADES CREST
  • Middle School: BUMPUS, ROBERT F
  • High School: HOOVER

Lot Info

  • Assessor Parcel Number: 39-32-3-000-002.005
  • Lot Description: Subdivision
  • Number Acres: 0.589
  • Best Use Per Zone: Residential
  • Improvements: Value In Land Only
  • List Price per Acre: 110337.8
  • Lot Description Type: Subdivision Possible
  • Surrounding Area: Residential
  • Unit/Lot Number: 3

Tax Info

  • Tax District: Hoover

Multi Family

  • Number Of Lots: 1 Lot

MLS Schools

  • Elementary School: SOUTH SHADES CREST
  • High School: HOOVER
  • Jr Middle School: BUMPUS, ROBERT F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Nov 5, 2013
Sold by
United States Steel Corp
Bought by
Baldwin George E
Seller's Agent
Rebecca Falkner
RealtySouth-OTM-Acton Rd
Buyer's Agent
Blake Shultz
ARC Realty - Hoover
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Total Days on Market
179
Current Estimated Value
$515,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,241
Avg. Annual Appreciation
22.25%
Original Mortgage
$35,000
Interest Rate
4.31%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Baldwin George E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin George E $295,840
Closed Baldwin George E $296,000
Closed Baldwin George $318,750
Closed Baldwin George E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $50,000 -23.1% --
09/15/2013 09/15/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $65,000 -- --
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 $3,817 $53,300 -- --
2022 $3,488 $48,770 $8,000 $40,770
2021 $2,958 $41,480 $8,000 $33,480
2020 $2,498 $35,000 $8,000 $27,000
2019 $1,758 $24,220 $0 $0
2018 $363 $5,000 $0 $0
2017 $363 $5,000 $0 $0
2016 $363 $5,000 $0 $0
2015 $363 $5,000 $0 $0
2014 $182 $5,000 $0 $0
2013 $182 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 558048

Greater Alabama MLS

APN: 39-00-32-3-000-002.005