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1508 Valley Avenue

1508 Valley Avenue, Birmingham, AL 35209
House in Jefferson
Sold May 11, 2020
$248,500
$236,075 by Synovus Bank
Mortgage Due Jan 01, 2035
Sold Oct 04, 2004
$147,500
$118,000 by Southtrust Mortgage Corp
Mortgage Due Oct 01, 2034
1508 Valley Avenue 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1508 Valley Avenue has 1,329 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 1,250 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,375 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. 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 average. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1508 Valley Avenue sold most recently in May 11, 2020 for a total of $248,500. If you work out the math, that's approximately a cost of $186.98 per sqft. Before that, the property was also sold for $147,500 in Sep 30, 2004. 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 $0 in taxes each year. 1508 Valley Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,329
  • Gross Building Area: 1,329
  • Building Area: 1,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,329
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GROVE PARK MANOR 29-12-4
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 GROVE PARK MANOR

Ownership

  • Current Owner : GILL JESSICA E
  • Current Owner 2: GILL RUBY ANN
  • Previous Owner : WEHBY NAJWA BATEH
  • Owner Before Previous Owner: CHRYSOMBOLIS STEVE A
  • Owner Before Previous Owner 2: CHRYSOMBOLIS STELLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood City School District
  • Census Tract: 010701

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Dec 04, 2029
  • Account Number: 394995
  • District: 012-0000
  • Parcel: 29-00-12-4-005-013.000
  • Lot: 8
  • Meridian: SEC 12 TWN 18S RNG 03W
  • Municipality: HOMEWOOD
  • Latitude: 33.4828
  • Longitude: -86.8035

    Address

  • Full Address: 1508 Valley Ave
  • Address - House Number: 1508
  • Address - Street Name: Valley
  • Address - Suffix Type: Ave
  • State: AL
  • City Name: Birmingham
  • Carrier Code: C023
  • 4-Digit Zip Code: 1206
  • Zip Code: 35209

Valuation

    Tax

  • Total Area: 1,358
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2773
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 60
  • Final Value: 342,928
  • High Value: 438,027
  • Low Value: 247,829

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,075
  • First Open Lien Mortgage Lender: SYNOVUS BANK
  • First Open Lien Mortgage Recording Date: May 11, 2020
  • First Open Lien Mortgage Loan Amount: $236,075
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $286,000
  • Market Land Value: $160,000
  • Market Improvement Value: $126,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,600

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11763321015
  • Current Sale Price: $248,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020046056
  • Previous Sale Recording Date: Oct 04, 2004
  • Previous Sale Contract Date: Sep 30, 2004
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $236,075
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHTRUST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 04, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

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Frequently Asked Questions

What neighborhood is 1508 Valley Avenue located in?
The 1508 Valley Avenue is a house located in the neighborhood of Jefferson in Homewood, Birmingham.
What is the average sales price for listings in 1508 Valley Avenue?
The average sales price for units in 1508 Valley Avenue is $0 currently.

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