Sold Mar 01, 2017
$481,200
Seller
$235,000
by Wells Fargo Bank Na
Mortgage Due Mar 01, 2047
Sold Sep 14, 2006
$609,900
Buyer
$487,920
by Mortgage Banc Llc
Mortgage Due Sep 01, 2036
5016 Somerset Way 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 2006 and is 18 years old.
Residents will have access to 3 full bathrooms.
There are 4 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 5016 Somerset Way has 3,566 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 2,210 ft and across the front of the lot is 1,655 ft.
The area measurement of the land has been determined as 34,500 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. 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, 5016 Somerset Way was last sold in Feb 28, 2017 for $481,200. According to our calculations, that's $134.94 per sqft. Prior to that sales transaction, the property was sold for $609,900 in Aug 31, 2006. Current property owners are expected to pay $2,946 in taxes per year. The property on 5016 Somerset Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,880. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. 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, 5016 Somerset Way was last sold in Feb 28, 2017 for $481,200. According to our calculations, that's $134.94 per sqft. Prior to that sales transaction, the property was sold for $609,900 in Aug 31, 2006. Current property owners are expected to pay $2,946 in taxes per year. The property on 5016 Somerset Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $67,880. 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.