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5591 Lake Trace Drive

5591 Lake Trace Drive, Birmingham, AL 35244
Property in Jefferson
Sold Mar 18, 2021
$567,000
$510,300 by Primemax Mortgage
Mortgage Due Jan 01, 2051
Sold Oct 03, 2012
$500,000
Local assessors in Birmingham, AL have categorized 5591 Lake Trace Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 17,661 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 1,288 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 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 5591 Lake Trace Drive has a total of 3,068 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. 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. The property was last sold in Mar 16, 2021 for $567,000. That's $115.10 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2012 for $500,000. 5591 Lake Trace Drive was last assessed in 2022. The total value of the property was assessed at $66,380. 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 $4,766. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • 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 Type: Unspecified basement
  • Basement Area: 1,858
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,661
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,288
  • Total Building Area: 4,926
  • Gross Building Area: 4,926
  • Building Area: 3,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACE CROSSINGS 18TH SEC
  • Land Acres: 0.405
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1805 TRACE CROSSINGS 18TH SECTOR 35/44

Ownership

  • Current Owner : SU WEIHUA
  • Current Owner 2: CHEN YING
  • Previous Owner : CORLISS DAVID A
  • Owner Before Previous Owner: PRIMEAUX LAURIE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Hoover City School District
  • Census Tract: 014410

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 66259
  • District: 066-0000
  • Parcel: 39-00-33-2-000-062.000
  • Lot: 1805
  • Meridian: SEC 33 TWN 19S RNG 03W
  • Municipality: HOOVER (BESS DIV)
  • Latitude: 33.3412
  • Longitude: -86.8622

    Address

  • Full Address: 5591 Lake Trace Dr
  • Address - House Number: 5591
  • Address - Street Name: Lake Trace
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Hoover
  • Carrier Code: R083
  • 4-Digit Zip Code: 3965
  • Zip Code: 35244

Valuation

    Tax

  • Total Area: 4,250
  • Tax Year: 2022
  • Tax Amount: $4,766
  • Tax Rate Code Area: 66

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 617,994
  • High Value: 759,065
  • Low Value: 476,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,300
  • First Open Lien Mortgage Lender: PRIMEMAX MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $510,300
  • 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, 2051

    Market Valuation

  • Market Total Value: $663,700
  • Market Land Value: $130,000
  • Market Improvement Value: $533,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,380

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11827995517
  • Current Sale Price: $567,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021030603
  • Previous Sale Recording Date: Oct 03, 2012
  • Previous Sale Contract Date: Sep 25, 2012
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMEMAX MORTGAGE
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $510,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Hoover



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Frequently Asked Questions

What neighborhood is 5591 Lake Trace Drive located in?
The 5591 Lake Trace Drive is a located in the neighborhood of Jefferson in Hoover, Birmingham.
What is the average sales price for listings in 5591 Lake Trace Drive?
The average sales price for units in 5591 Lake Trace Drive is $559,900 currently.

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