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5081 Falling Creek Lane

5081 Falling Creek Lane, Birmingham, AL 35235
Property in Jefferson
Sold Nov 23, 2004
$88,700
$88,700 by Hometown Mortgage Services Inc
Mortgage Due Dec 01, 2034
Sold Jun 28, 2002
$75,900
$45,000 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2017
5081 Falling Creek Lane in Birmingham, AL was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5081 Falling Creek Lane has 1,202 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 181 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 2,407 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 asphalt. 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. The condition of the building has been evaluated as poor. 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. The property was last sold in Nov 19, 2004 for $88,700. That's $73.79 per sqft. Prior to that sales transaction, the property was also sold in Jun 21, 2002 for $75,900. 5081 Falling Creek Lane was last assessed in 2022. The total value of the property was assessed at $11,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $498. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Poor
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,407
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 181
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GRAYSON VAL T H N SEC RES
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21-A RESURVEY OF LOTS 17 THRU 24 GRAYSON VALLEY TOWNHOUSES NORTH SECTOR MAP OF INTENT PB 206 PG 42

Ownership

  • Current Owner : CARROLL STEPHANIE M
  • Previous Owner : ARNOLD MICHAEL D
  • Owner Before Previous Owner: WARWICK DEVELOPMENT COMPANY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 011117

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Oct 03, 2012
  • Account Number: 232771
  • District: 002-0000
  • Parcel: 12-00-10-3-008-038.038
  • Lot: 21-A
  • Meridian: SEC 10 TWN 16S RNG 01W
  • Municipality: COUNTY-02
  • Latitude: 33.65
  • Longitude: -86.6308

    Address

  • Full Address: 5081 Falling Creek Ln
  • Address - House Number: 5081
  • Address - Street Name: Falling Creek
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Birmingham
  • Carrier Code: R079
  • 4-Digit Zip Code: 8649
  • Zip Code: 35235

Valuation

    Tax

  • Total Area: 1,844
  • Tax Year: 2022
  • Tax Amount: $498
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 124,448
  • High Value: 152,856
  • Low Value: 96,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,700
  • First Open Lien Mortgage Lender: HOMETOWN MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $88,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2034

    Market Valuation

  • Market Total Value: $109,900
  • Market Land Value: $12,000
  • Market Improvement Value: $97,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2004
  • Current Sale Recording Date: Nov 23, 2004
  • Current Sale Transaction ID: 1000827633
  • Current Sale Price: $88,700
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Contract Date: Jun 21, 2002
  • Previous Sale Amount: $75,900
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Nov 23, 2004
  • First Mortgage Loan Amount: $88,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 28, 2002
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Jul 01, 2017

About Grayson Valley



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Nearby Rentals

Unit for rent at 1815 Old Springville Road, BIRMINGHAM, AL, 35215

$950 /mo

  • 3 Beds
  • 1 Bath
1815 Old Springville Road, BIRMINGHAM, AL, 35215 Listing by Tamara Canty
Unit for rent at 5097 Falling Creek Lane, BIRMINGHAM, AL, 35235

$1,350 /mo

  • 3 Beds
  • 2 Baths
5097 Falling Creek Lane, BIRMINGHAM, AL, 35235 Listing by Tish Weaster

Frequently Asked Questions

What neighborhood is 5081 Falling Creek Lane located in?
The 5081 Falling Creek Lane is a located in the neighborhood of Jefferson in Grayson Valley, Birmingham.
What is the average sales price for listings in 5081 Falling Creek Lane?
The average sales price for units in 5081 Falling Creek Lane is $0 currently.

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