117 North Lake Drive

117 North Lake Drive 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. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 117 North Lake Drive has 3,306 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 3,668 ft and across the front of the lot is 1,604 ft. The area measurement of the land has been determined as 74,052 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 open 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. The property was last sold in Oct 14, 2011 for $406,000. That's $122.81 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 1998 for $438,000. 117 North Lake Drive was last assessed in 2023. The total value of the property was assessed at $59,760. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,933. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.