Check Availability
Hoover 35226
5500 COLONY LANE
$378,000 - $460,000
House - In Contract

5500 COLONY LANE

HOOVER, AL 35226
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
Sold Oct 22, 2020
$345,000
$293,250 by Bank Of England
Mortgage Due Jan 01, 2050
Sold Jun 05, 2019
$279,250

About This Property

Discover a 4BR Custom Hoover Haven, 4-side brick on 3/4 ac cul-de-sac lot abutting Shades Mtn. Offers the best of city conveniences with local shopping, dining, and healthcare minutes away, plus walkability to Deer Valley Elem. Your personal backyard sanctuary in a natural setting features an expansive patio, and glass enclosed sunroom with sky high vaulted wooden ceilings. Full sprinkler and security systems ensure comfort and safety. An elegant foyer, dining area is perfect for hosting, complemented by archways and custom millwork. Kitchen features custom cabinets, and a large pantry. The great room is flooded with light from skylights, and includes a masonry FP. The main-floor master suite has a bay window and ensuite bath for a peaceful retreat. Upstairs houses 3BRs, a full bath, and cozy loft space. Walk-in attic storage adds convenience. Enjoy the proximity to the Ross Bridge Resort, just two miles away, where the weekly seasonal Farmers Market has become a local tradition.
Unit Size
-
Days on Market
-
Land Size
0.75 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
Listed By
Judge Henshaw
ARC Realty Cahaba Heights

Price History

Date / Event Date Event Price
Apr 11, 2024 In contract -
In contract
Apr 2, 2024 Listed $419,900
Listed
Oct 6, 2021 No longer available -
No longer available
Oct 22, 2020 Sold to Michael Pasquarello, Patric... $345,000
Sold to Michael Pasquarello, Patric...
Aug 23, 2020 In contract -
In contract
Show More

Property Highlights

Fireplace
Air Conditioning
With View
Interior Details

Interior Information

Security System

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,640
  • Lot Size Depth Feet: 1,555
  • Lot Size Frontage Feet: 554
  • Total Building Area: 2,378
  • Gross Building Area: 2,378
  • Building Area: 2,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEER VALLEY V PHASE 2
  • Land Acres: 0.795
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 22 DEER VALLEY V PHASE 2 33/87

Ownership

  • Current Owner : PASQUARELLO MICHAEL
  • Current Owner 2: PASQUARELLO PATRICIA
  • Previous Owner : HIGHLAND KIMBERLY
  • Owner Before Previous Owner: WALTERS JANELLE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

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

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 64267
  • District: 066-0000
  • Subdivision Phase Number: 2
  • Parcel: 39-00-29-1-000-126.000
  • Lot: 22
  • Meridian: SEC 29 TWN 19S RNG 03W
  • Municipality: HOOVER (BESS DIV)
  • Latitude: 33.3614
  • Longitude: -86.8672

    Address

  • Full Address: 5500 Colony Ln
  • Address - House Number: 5500
  • Address - Street Name: Colony
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Hoover
  • Carrier Code: C032
  • 4-Digit Zip Code: 5057
  • Zip Code: 35226

Valuation

    Tax

  • Total Area: 2,715
  • Tax Year: 2022
  • Tax Amount: $4,536
  • Tax Rate Code Area: 66

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 414,995
  • High Value: 530,473
  • Low Value: 299,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,250
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $293,250
  • 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, 2050

    Market Valuation

  • Market Total Value: $312,400
  • Market Land Value: $62,000
  • Market Improvement Value: $250,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,480

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11799356044
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020120905
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 22, 2019
  • Previous Sale Amount: $279,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $293,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
-
$382,000 Apr 3, 2024
-
-
House
4 Beds
2.5 Baths
-
$394,900 Mar 22, 2024
-
-
House
4 Beds
2 Baths
-
$365,000 Dec 26, 2023
-
-
House
4 Beds
2.5 Baths
3,006 ft²
$166/ft²
$499,900 Mar 20, 2024
-
-
House
3 Beds
2 Baths
-
$465,010 Jan 22, 2024
-
-
In Contract
House
3 Beds
2.5 Baths
-
$399,900 Feb 21, 2024
-
-
House
3 Beds
2.5 Baths
-
$348,000 Mar 28, 2024
-
-

About Hoover


Similar Homes for Sale

Unit for sale at 625 Trumpet Circle, Hoover, AL 35226

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625 Trumpet Circle, Hoover, AL 35226 Listing by Brian Lee Alexander
Unit for sale at 121 Shades Crest Road, HOOVER, AL 35226

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Nearby Rentals

Unit for rent at 5426 Whisper Wood Circle, Hoover, AL, 35226

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Frequently Asked Questions

When was property at 5500 Colony Lane built and last sold?
The property at 5500 Colony Lane was built in 1999 and last sold on Sep 24, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 5500 Colony Lane is $424,099.
What are some comparable homes to 5500 Colony Lane?
Homes that are comparable to 5500 Colony Lane include a house property at 121 Shades Crest Road, 625 Trumpet Circle, 1533 Deer Valley Drive.

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