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5015 Patriot Drive

5015 Patriot Drive, Birmingham, AL 35235
Property in Jefferson
Sold Aug 16, 2021
$145,000
$101,390 by Delmar Financial
Mortgage Due Jan 01, 2051
Sold Sep 07, 2016
$113,000
5015 Patriot Drive 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 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, 5015 Patriot Drive has 1,434 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 1,264 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 4,685 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 good. 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, 5015 Patriot Drive sold most recently in Jul 20, 2021 for a total of $145,000. If you work out the math, that's approximately a cost of $101.12 per sqft. Before that, the property was also sold for $113,000 in Aug 25, 2016. 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 $1,506 in taxes each year. 5015 Patriot Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,060. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • 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: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,685
  • Lot Size Depth Feet: 1,264
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,434
  • Gross Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,434
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VERNON GLEN 12-16-3
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 50 VERNON GLEN PB 211 PG 39

Ownership

  • Current Owner : ADAMSON JARED
  • Current Owner 2: ADAMSON DANIELLE
  • Previous Owner : EQUESTRIAN LIFE NV LLC
  • Owner Before Previous Owner: LUEDECKE JOHN E
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011112

Zoning

  • Zoning: RG

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 426750
  • District: 002-0000
  • Parcel: 12-00-16-3-002-152.000
  • Lot: 50
  • Meridian: SEC 16 TWN 16S RNG 01W
  • Municipality: COUNTY-02
  • Latitude: 33.6349
  • Longitude: -86.6558

    Address

  • Full Address: 5015 Patriot Dr
  • Address - House Number: 5015
  • Address - Street Name: Patriot
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Birmingham
  • Carrier Code: R016
  • 4-Digit Zip Code: 1855
  • Zip Code: 35235

Valuation

    Tax

  • Total Area: 1,466
  • Tax Year: 2022
  • Tax Amount: $1,506
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 53
  • Final Value: 130,100
  • High Value: 160,183
  • Low Value: 100,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,390
  • First Open Lien Mortgage Lender: DELMAR FINANCIAL
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $101,390
  • 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: $150,300
  • Market Land Value: $21,900
  • Market Improvement Value: $128,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,060

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11852476825
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021094789
  • Previous Sale Recording Date: Sep 07, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELMAR FINANCIAL
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $101,390
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Grayson Valley



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Frequently Asked Questions

What neighborhood is 5015 Patriot Drive located in?
The 5015 Patriot Drive is a located in the neighborhood of Jefferson in Grayson Valley, Birmingham.
What is the average sales price for listings in 5015 Patriot Drive?
The average sales price for units in 5015 Patriot Drive is $0 currently.

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