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500 Lakeshore Drive

500 Lakeshore Drive, Birmingham, AL 35209
House in Jefferson
Sold Nov 04, 2019
$375,000
$303,000 by Loan Depot Com
Mortgage Due Jan 01, 2045
500 Lakeshore Drive in Birmingham, AL was first built in 1945 and is 79 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 500 Lakeshore Drive has 2,320 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 3,320. In total, the area measurement of the land is 36,520 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asbestos. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 320 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 500 Lakeshore Drive sold most recently in Oct 31, 2019 for a total of $375,000. If you work out the math, that's approximately a cost of $94.36 per sqft. 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 $3,972 in taxes each year. 500 Lakeshore Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $53,900. 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. 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!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

Driveway

Driveway

Parking

Off Street Parking
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,654
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 36,520
  • Lot Size Depth Feet: 3,320
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,974
  • Gross Building Area: 3,974
  • Building Area: 2,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.838
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG AT INTER S OF N ROW OF LAKESHORE DRIVE & E ROW OF CORNELIUS DRIVE TH NW ALONG E ROW OF CORNELIUS DRIVE 302 FT S TH NE 135 FT S TH SE 362 FT S TH SW ALONG N ROW OF LAKESHORE DRIVE 110 FT S BACK TO POB SECT 24 TWSP 18S RANGE 3W

Ownership

  • Current Owner : MANZELLI JOHN
  • Current Owner 2: HAMBLE JENNIFER
  • Previous Owner : PAYNE RAY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood City School District
  • Census Tract: 010704

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 407086
  • District: 012-0000
  • Parcel: 29-00-24-1-001-012.000
  • Meridian: SEC 24 TWN 18S RNG 03W
  • Municipality: HOMEWOOD
  • Latitude: 33.4597
  • Longitude: -86.7986

    Address

  • Full Address: 500 Lakeshore Dr
  • Address - House Number: 500
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Birmingham
  • Carrier Code: C036
  • 4-Digit Zip Code: 6712
  • Zip Code: 35209

Valuation

    Tax

  • Total Area: 2,966
  • Tax Year: 2022
  • Tax Amount: $3,972
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 447,829
  • High Value: 550,056
  • Low Value: 345,601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,000
  • First Open Lien Mortgage Lender: LOAN DEPOT COM
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $303,000
  • First Open Lien Mortgage Term: 292
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $539,000
  • Market Land Value: $259,000
  • Market Improvement Value: $280,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Nov 04, 2019
  • Current Sale Transaction ID: 11679467431
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019115546

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Nov 04, 2019
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 349
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Homewood



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Nearby Rentals

Unit for rent at 1731 Valley Avenue, Homewood, AL, 35209

$1,395 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,134 ft²
1731 Valley Avenue, Homewood, AL, 35209 Listing by Manager

Frequently Asked Questions

What neighborhood is 500 Lakeshore Drive located in?
The 500 Lakeshore Drive is a house located in the neighborhood of Jefferson in Homewood, Birmingham.
What is the average sales price for listings in 500 Lakeshore Drive?
The average sales price for units in 500 Lakeshore Drive is $0 currently.

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