5567 Lake Trace Drive

Local assessors in Birmingham, AL have categorized 5567 Lake Trace Drive as a residential type of property. The home was built in 2004 and is 20 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 18,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,200 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 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 5567 Lake Trace Drive has a total of 3,118 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 unknown 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 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, 5567 Lake Trace Drive was last sold in Mar 25, 2016 for $510,000. According to our calculations, that's $101.76 per sqft. Prior to that sales transaction, the property was sold for $512,000 in Apr 2, 2012. Current property owners are expected to pay $4,637 in taxes per year. The property on 5567 Lake Trace Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $64,600. 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. 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!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.