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4030 Lambert Terrace

4030 Lambert Terrace, Birmingham, AL 35242
Property in Jefferson
Sold Sep 28, 2020
$620,000
$558,000 by Regions Bank
Mortgage Due Jan 01, 2050
Sold Aug 29, 2008
$640,000
$417,000 by New South Fsb
Mortgage Due Aug 01, 2038
4030 Lambert Terrace 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 2004 and is 20 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. 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, 4030 Lambert Terrace has 3,797 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 1,508 ft and across the front of the lot is 1,310 ft. The area measurement of the land has been determined as 19,904 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. 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. 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, 4030 Lambert Terrace was last sold in Sep 21, 2020 for $620,000. According to our calculations, that's $109.21 per sqft. Prior to that sales transaction, the property was sold for $640,000 in Jul 21, 2008. Current property owners are expected to pay $5,859 in taxes per year. The property on 4030 Lambert Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $63,840. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • 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: 1,880
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,904
  • Lot Size Depth Feet: 1,508
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 5,677
  • Gross Building Area: 5,677
  • Building Area: 3,797
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,797
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VESTLAKE VIL 9TH S 28-8-2
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 521 VESTLAKE VILLAGE 9TH SECTOR PB 208 PG 52

Ownership

  • Current Owner : SMITH JEFFREY TODD
  • Current Owner 2: SMITH MARGARET
  • Previous Owner : THOMPSON JASON B
  • Owner Before Previous Owner: STRAKHOV MICHAEL C
  • Owner Before Previous Owner 2: STRAKHOV KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Vestavia Hills City School District
  • Census Tract: 012703

Zoning

  • Zoning: R7PU

Geography

  • Assessors Map Reference: Aug 02, 2027
  • Account Number: 425476
  • District: 020-0000
  • Parcel: 27-00-08-2-000-036.000
  • Lot: 521
  • Meridian: SEC 08 TWN 18S RNG 01W
  • Municipality: VESTAVIA HILLS
  • Latitude: 33.486
  • Longitude: -86.6709

    Address

  • Full Address: 4030 Lambert Ter
  • Address - House Number: 4030
  • Address - Street Name: Lambert
  • Address - Suffix Type: Ter
  • State: AL
  • City Name: Vestavia
  • Carrier Code: R071
  • 4-Digit Zip Code: 7489
  • Zip Code: 35242

Valuation

    Tax

  • Total Area: 4,679
  • Tax Year: 2022
  • Tax Amount: $5,859
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2703
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 61
  • Final Value: 778,455
  • High Value: 988,888
  • Low Value: 568,022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $558,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $558,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $638,300
  • Market Land Value: $152,000
  • Market Improvement Value: $486,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11793276046
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020109102
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Contract Date: Jul 21, 2008
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $558,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEW SOUTH FSB
  • Previous Mortgage Transaction Date: Aug 29, 2008
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Vestavia Hills



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Frequently Asked Questions

What neighborhood is 4030 Lambert Terrace located in?
The 4030 Lambert Terrace is a located in the neighborhood of Jefferson in Vestavia Hills, Birmingham.
What is the average sales price for listings in 4030 Lambert Terrace?
The average sales price for units in 4030 Lambert Terrace is $0 currently.

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