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505 Lacey Lane

505 Lacey Lane, Birmingham, AL 35226
Property in Jefferson
505 Lacey Lane has been categorized by the local assessors in Birmingham, AL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 Lacey Lane has 1,020 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,744 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 18,874 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Nov 30, 2017 for $187,000. That's $183.33 per sqft. Prior to that sales transaction, the property was also sold in Oct 28, 2016 for $155,500. 505 Lacey Lane was last assessed in 2022. The total value of the property was assessed at $23,220. 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 $1,633. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20171031
10/31/2017
3 Bed
1 Bath
-
$187,000
bedrooms
3 Bed
bathrooms
1 Bath
$187,000
12/05/2017
Kate Lawrence

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,874
  • Lot Size Depth Feet: 1,744
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,020
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHADES PLAT EST-2 39-3-3
  • Land Acres: 0.433
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 26 BLK 6 SHADES PLATEAU ESTS 2ND SECT

Ownership

  • Current Owner : GEORGE HANNAH S
  • Current Owner 2: GEORGE CHRISTOPHER M
  • Previous Owner : MILLS COREY
  • Owner Before Previous Owner: TOENES CHRISTOPHER J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hoover City School District
  • Census Tract: 014412

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: Mar 03, 2039
  • Account Number: 417857
  • District: 023-0000
  • Parcel: 39-00-03-3-010-013.000
  • Block: 6
  • Lot: 26
  • Meridian: SEC 03 TWN 19S RNG 03W
  • Municipality: HOOVER (BHAM DIVISION)
  • Latitude: 33.4057
  • Longitude: -86.8418

    Address

  • Full Address: 505 Lacey Ln
  • Address - House Number: 505
  • Address - Street Name: Lacey
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Hoover
  • Carrier Code: C003
  • 4-Digit Zip Code: 1622
  • Zip Code: 35226

Valuation

    Tax

  • Total Area: 1,148
  • Tax Year: 2022
  • Tax Amount: $1,633
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 61
  • Final Value: 282,467
  • High Value: 358,759
  • Low Value: 206,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,390
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 05, 2017
  • First Open Lien Mortgage Loan Amount: $181,390
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $232,200
  • Market Land Value: $124,000
  • Market Improvement Value: $108,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Transaction ID: 11341475366
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017123821
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 28, 2016
  • Previous Sale Amount: $155,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • First Mortgage Transaction Date: Dec 05, 2017
  • First Mortgage Loan Amount: $181,390
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 04, 2016
  • Previous Mortgage Loan Amount: $155,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Hoover



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 Lacey Lane located in?
The 505 Lacey Lane is a located in the neighborhood of Jefferson in Hoover, Birmingham.
What is the average sales price for listings in 505 Lacey Lane?
The average sales price for units in 505 Lacey Lane is $187,000 currently.

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