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5012 Somerset Way

5012 Somerset Way, Birmingham, AL 35242
Property in Shelby
Sold Dec 01, 2020
$535,000
$267,500 by Firstbank
Mortgage Due Dec 01, 2050
Sold Feb 18, 2009
$415,000
$332,000 by Rbc Bank Usa
Mortgage Due Feb 01, 2039
5012 Somerset Way in Birmingham, AL was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5012 Somerset Way has 3,626 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 1,097 ft and the linear feet between the front and back of the lot is 2,210. In total, the area measurement of the land is 28,227 square feet.

Learn more about the property and building on this page. There is a screened porch. For those who need parking, there is a garage underground or in the basement. The condition of the building has been evaluated as good. 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, 5012 Somerset Way was last sold in Nov 24, 2020 for $535,000. According to our calculations, that's $147.55 per sqft. Prior to that sales transaction, the property was sold for $415,000 in Jan 30, 2009. Current property owners are expected to pay $2,969 in taxes per year. The property on 5012 Somerset Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $68,420. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,269
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 28,227
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 1,097
  • Total Building Area: 3,626
  • Building Area: 3,626
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKHIGHLAND 12 SECTOR
  • Land Acres: 0.648
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC/TWNSHP/RAN 30 18S 01W NBRHD: 01 BROOK HIGHLAND R-2

Ownership

  • Current Owner : WELLS JONATHAN
  • Current Owner 2: WELLS KATHLEEN O
  • Previous Owner : FIELDBINDER MICHAEL C
  • Previous Owner 2: FIELDBINDER KIMBERLY G
  • Owner Before Previous Owner: ORENDER ROBERT H
  • Owner Before Previous Owner 2: ORENDER JENNIFER E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • School Tax School District: GM
  • Census Tract: 030221

Geography

  • Assessors Map Reference: MP 34 PG 148
  • District: 01
  • Parcel: 039300002137000
  • Lot: 1208
  • Meridian: SEC 30 TWN 18S RNG 01W
  • Municipality: COUNTY
  • Latitude: 33.4341
  • Longitude: -86.6824

    Address

  • Full Address: 5012 Somerset Way
  • Address - House Number: 5012
  • Address - Street Name: Somerset
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Birmingham
  • Carrier Code: R051
  • 4-Digit Zip Code: 7846
  • Zip Code: 35242

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,969

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 708,034
  • High Value: 824,451
  • Low Value: 591,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,500
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $267,500
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $684,100
  • Market Land Value: $95,000
  • Market Improvement Value: $589,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11807635727
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201201000546260
  • Previous Sale Recording Date: Feb 18, 2009
  • Previous Sale Contract Date: Jan 30, 2009
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $267,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RBC BANK USA
  • Previous Mortgage Transaction Date: Feb 18, 2009
  • Previous Mortgage Loan Amount: $332,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2039

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Frequently Asked Questions

What neighborhood is 5012 Somerset Way located in?
The 5012 Somerset Way is a located in the neighborhood of Shelby in Brook Highland, Birmingham.
What is the average sales price for listings in 5012 Somerset Way?
The average sales price for units in 5012 Somerset Way is $0 currently.

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