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1019 Highland Lakes Trace

1019 Highland Lakes Trace, Birmingham, AL 35242
Property in Shelby
Sold Mar 27, 2020
$585,000
$468,000 by Liberty Mortgage Corp
Mortgage Due Apr 01, 2050
Sold Feb 06, 2019
$490,000
1019 Highland Lakes Trace has been categorized by the local assessors in Birmingham, AL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2003. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1019 Highland Lakes Trace has 4,503 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,083 ft and across the front of the lot is 1,268 ft. The area measurement of the land has been determined as 26,426 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1019 Highland Lakes Trace sold most recently in Mar 25, 2020 for a total of $585,000. If you work out the math, that's approximately a cost of $129.91 per sqft. Before that, the property was also sold for $490,000 in Jan 24, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,862 in taxes each year. 1019 Highland Lakes Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,980. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,211
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 26,426
  • Lot Size Depth Feet: 2,083
  • Lot Size Frontage Feet: 1,268
  • Total Building Area: 4,503
  • Building Area: 4,503
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND LAKES 5TH SECTOR PHASE 2
  • Land Acres: 0.606
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 8 19S 01W NBRHD: 01 HIGHLAND LAKES R-2

Ownership

  • Current Owner : MOON MANUEL K
  • Current Owner 2: MOON SAVANNAH J
  • Previous Owner : SHEROTA EDWARD J
  • Previous Owner 2: SHEROTA EILEEN M
  • Owner Before Previous Owner: BONTLY WILLIAM A
  • Owner Before Previous Owner 2: BONTLY ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030216

Geography

  • Assessors Map Reference: MP 19 PG 003
  • District: 01
  • Parcel: 093080001019031
  • Lot: 531
  • Meridian: SEC 08 TWN 19S RNG 01W
  • Municipality: COUNTY
  • Latitude: 33.3866
  • Longitude: -86.6579

    Address

  • Full Address: 1019 Highland Lakes Trce
  • Address - House Number: 1019
  • Address - Street Name: Highland Lakes
  • Address - Suffix Type: Trce
  • State: AL
  • City Name: Birmingham
  • Carrier Code: R085
  • 4-Digit Zip Code: 6844
  • Zip Code: 35242

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,862

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 777,682
  • High Value: 905,551
  • Low Value: 649,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: LIBERTY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 27, 2020
  • First Open Lien Mortgage Loan Amount: $468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $659,700
  • Market Land Value: $100,000
  • Market Improvement Value: $559,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Transaction ID: 11754010834
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200327000120620
  • Previous Sale Recording Date: Feb 06, 2019
  • Previous Sale Contract Date: Jan 24, 2019
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 27, 2020
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About Highland Lakes



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Frequently Asked Questions

What neighborhood is 1019 Highland Lakes Trace located in?
The 1019 Highland Lakes Trace is a located in the neighborhood of Shelby in Highland Lakes, Birmingham.
What is the average sales price for listings in 1019 Highland Lakes Trace?
The average sales price for units in 1019 Highland Lakes Trace is $0 currently.

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