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5059 Meadow Lake Circle

5059 Meadow Lake Circle, Bessemer, AL 35020
House in Jefferson
Sold Sep 04, 2019
$239,900
$232,700 by Cadence Bank
Mortgage Due Jan 01, 2049
Local assessors in Bessemer, AL have categorized 5059 Meadow Lake Circle as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 13,068 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5059 Meadow Lake Circle has a total of 1,633 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5059 Meadow Lake Circle sold most recently in Aug 29, 2019 for a total of $239,900. If you work out the math, that's approximately a cost of $74.71 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 $1,246 in taxes each year. 5059 Meadow Lake Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,920. 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. 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. 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

Condition

New Construction

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Excellent
  • 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: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,578
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 3,211
  • Gross Building Area: 3,211
  • Building Area: 1,633
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,633
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOW LAKE PHASE 3-B
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 218 OF MEADOW LAKE PHASE 3-B MB 49 PG 24 FOUND IN THE NW 1/4 OF SEC 28 TWN 19 S RNG 4 W

Ownership

  • Current Owner : MILLER IVAN
  • Current Owner 2: MILLER LAKESHA
  • Previous Owner : PORTRAIT HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bessemer City School District
  • Census Tract: 014301

Zoning

  • Zoning: RG

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 85878
  • Subdivision Phase Number: 3-B
  • Parcel: 38-00-28-2-001-080.000
  • Lot: 218
  • Meridian: SEC 28 TWN 19S RNG 04W
  • Municipality: COUNTY (BESS DIV)-51
  • Latitude: 33.3604
  • Longitude: -86.9635

    Address

  • Full Address: 5059 Meadowlake Crst
  • Address - House Number: 5059
  • Address - Street Name: Meadowlake
  • Address - Suffix Type: Crst
  • State: AL
  • City Name: Bessemer
  • Carrier Code: C024
  • 4-Digit Zip Code: 6074
  • Zip Code: 35020

Valuation

    Tax

  • Total Area: 2,403
  • Tax Year: 2022
  • Tax Amount: $1,246
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 268,249
  • High Value: 329,482
  • Low Value: 207,015

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,700
  • First Open Lien Mortgage Lender: CADENCE BANK
  • First Open Lien Mortgage Recording Date: Sep 04, 2019
  • First Open Lien Mortgage Loan Amount: $232,700
  • 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, 2049

    Market Valuation

  • Market Total Value: $259,200
  • Market Land Value: $54,000
  • Market Improvement Value: $205,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Transaction ID: 11645096568
  • Current Sale Price: $239,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019092065

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK
  • First Mortgage Transaction Date: Sep 04, 2019
  • First Mortgage Loan Amount: $232,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About Jefferson



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Nearby Rentals

Unit for rent at 1701 Berkley Avenue, Bessemer, AL, 35020

$750 /mo

  • 1 Bed
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1701 Berkley Avenue #1701 Berkley Avenue, Bessemer, AL, 35020 Listing by Manager

Frequently Asked Questions

What neighborhood is 5059 Meadow Lake Circle located in?
The 5059 Meadow Lake Circle is a house located in the neighborhood of Jefferson in Jefferson, Bessemer.
What is the average sales price for listings in 5059 Meadow Lake Circle?
The average sales price for units in 5059 Meadow Lake Circle is $0 currently.

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