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2205 Gay Way

2205 Gay Way, Birmingham, AL 35216
Property in Jefferson
Sold May 05, 2021
$690,000
$548,250 by Prosperity Home Mortgage
Mortgage Due Jan 01, 2051
Local assessors in Birmingham, AL have categorized 2205 Gay Way as a residential type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 1993. The property's lot size has been calculated to be 40,728 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2205 Gay Way has a total of 3,755 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 661 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2205 Gay Way was last sold in May 3, 2021 for $690,000. According to our calculations, that's $133.28 per sqft. Current property owners are expected to pay $5,725 in taxes per year. The property on 2205 Gay Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,422
  • Garage Type: Garage
  • Garage Square Area: 661
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,728
  • Total Building Area: 5,177
  • Gross Building Area: 5,177
  • Building Area: 3,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VESTRIDGE 4 SEC RE 28-31-
  • Land Acres: 0.935
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4-A VESTRIDGE 4TH SECTOR A RESUR OF LOTS 3 & 4 BLK 8 82/71

Ownership

  • Current Owner : PAREDES MAURICIO
  • Current Owner 2: PAREDES LUISA
  • Previous Owner : RUSSELL JAMES R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Vestavia Hills City School District
  • Census Tract: 012916

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 374481
  • District: 020-0000
  • Parcel: 28-00-31-3-005-021.000
  • Block: 8
  • Lot: 4-A
  • Meridian: SEC 31 TWN 18S RNG 02W
  • Municipality: VESTAVIA HILLS
  • Latitude: 33.4203
  • Longitude: -86.788

    Address

  • Full Address: 2205 Gay Way
  • Address - House Number: 2205
  • Address - Street Name: Gay
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Vestavia Hills
  • Carrier Code: C016
  • 4-Digit Zip Code: 3308
  • Zip Code: 35216

Valuation

    Tax

  • Total Area: 4,527
  • Tax Year: 2022
  • Tax Amount: $5,725
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 60
  • Final Value: 727,172
  • High Value: 929,544
  • Low Value: 524,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $623,900
  • Market Land Value: $213,000
  • Market Improvement Value: $410,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,400

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11835058839
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021052525

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Vestavia Hills



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Frequently Asked Questions

What neighborhood is 2205 Gay Way located in?
The 2205 Gay Way is a located in the neighborhood of Jefferson in Vestavia Hills, Birmingham.
What is the average sales price for listings in 2205 Gay Way?
The average sales price for units in 2205 Gay Way is $0 currently.

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