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5458 Colony Way

5458 Colony Way, Birmingham, AL 35226
Property in Jefferson
Sold Mar 18, 2020
$280,000
Sold Mar 03, 2016
$202,000
$181,800 by Quicken Loans Inc
Mortgage Due Feb 26, 2046
Local assessors in Birmingham, AL have categorized 5458 Colony Way as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 8,289 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 703 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5458 Colony Way has a total of 2,316 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable or hip style roof that was made of asphalt. Lots of brick 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. 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, 5458 Colony Way was last sold in Mar 13, 2020 for $280,000. According to our calculations, that's $120.90 per sqft. Prior to that sales transaction, the property was sold for $202,000 in Feb 16, 2016. Current property owners are expected to pay $4,755 in taxes per year. The property on 5458 Colony Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $65,500. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,289
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 703
  • Total Building Area: 2,316
  • Gross Building Area: 2,316
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEER VALLEY V PHASE 1
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 39 DEER VALLEY V PHASE 1 32/48

Ownership

  • Current Owner : ZHENG ZHENG BI BI
  • Current Owner 2: WANG KE XIA
  • Previous Owner : ISLAM SHAIRAJ
  • Owner Before Previous Owner: SECRETARY OF VETERANS AFFAIRS

Neighborhood

  • School District Name: Hoover City School District
  • Census Tract: 014415

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 64231
  • District: 066-0000
  • Subdivision Phase Number: 1
  • Parcel: 39-00-29-1-000-089.000
  • Lot: 39
  • Meridian: SEC 29 TWN 19S RNG 03W
  • Municipality: HOOVER (BESS DIV)
  • Latitude: 33.3588
  • Longitude: -86.8694

    Address

  • Full Address: 5458 Colony Way
  • Address - House Number: 5458
  • Address - Street Name: Colony
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Hoover
  • Carrier Code: C032
  • 4-Digit Zip Code: 5059
  • Zip Code: 35226

Valuation

    Tax

  • Total Area: 2,742
  • Tax Year: 2022
  • Tax Amount: $4,755
  • Tax Rate Code Area: 66

    Appraisal Valuation

  • Standard Deviation: 0.2731
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 60
  • Final Value: 371,209
  • High Value: 472,598
  • Low Value: 269,821

    Market Valuation

  • Market Total Value: $327,500
  • Market Land Value: $62,000
  • Market Improvement Value: $265,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,500

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11751205430
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020028883
  • Previous Sale Recording Date: Mar 03, 2016
  • Previous Sale Contract Date: Feb 16, 2016
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH ALABAMA MORTGAGE
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 201
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Mar 03, 2016
  • Previous Mortgage Loan Amount: $181,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 26, 2046

About Hoover



Similar Buildings

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Nearby Rentals

Unit for rent at 5549 Colony Lane, HOOVER, AL, 35226

$2,700 /mo

  • 4 Beds
  • 3.5 Baths
5549 Colony Lane, HOOVER, AL, 35226 Listing by Sal Jan

Frequently Asked Questions

What neighborhood is 5458 Colony Way located in?
The 5458 Colony Way is a located in the neighborhood of Jefferson in Hoover, Birmingham.
What is the average sales price for listings in 5458 Colony Way?
The average sales price for units in 5458 Colony Way is $0 currently.

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