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501 Lance Way; Birmingham, AL Property Details

501 Lance Way, Birmingham, AL is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 501 Lance Way has 4 bedrooms, and 2 bathrooms, and a total of 2,056 square feet. The lot size of 501 Lance Way is 20,933 square feet.

Off market
501 Lance Way Birmingham, AL 35206
$21,960 Estimated Value
4 Beds
2 Baths
2,056 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Purchase Price: $102,000
  • Open Loans: 1
  • Gross Yield: 14.49%
  • APN: 24-00-07-2-001-018.000
  • Situs County: Jefferson
  • Length Of Ownership: 28 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,056/SqFt
  • Lot: 20,933/SqFt
  • Gross: 4,112/SqFt
  • Living: 2,056/SqFt
  • Basement: 2,056/SqFt
  • Building: 4,112/SqFt
  • Ground: 2,056/SqFt
  • Price Per Square Foot: $49.61

Legal Description

  • Description: LOT 3 BLOCK 3 AWTREY & SCOTTS ADD TO SHADYWOOD 1ST SECTOR
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Birmingham City School District
  • Lat / Lon: 33.573177 / -86.688194
  • Subdivision: Awtrey & Scott-Sh 24-7-2
  • Property Class: Residential
  • Zoning: R1-I
  • County Use Code: 111

Amenities

  • Plus Four: 3038
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

501 Lance Way has no associated ownership info
501 Lance Way has no associated ownership info.

Taxes

501 Lance Way has 9 associated Taxes items

501 Lance Way, Birmingham, AL pays taxes in Jefferson County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $21,960. The APN we've located for 501 Lance Way is 24-00-07-2-001-018.000.

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Taxes
  • Assessed Value:  $21,960
  • Assessed Year:  2025
  • Assessed County:  Jefferson
  • APN:  24-00-07-2-001-018.000
  • Market Land Value:  44400
  • Tax Amount:  1243
  • Tax Year:  2024
  • Market Value:  219500
  • Market Year:  2025

Tax History

501 Lance Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,243 Change Rate -0.000129% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,243.16 Change Rate +0.30298% Assessed CR Tax Rate
Year 2022 Assessed Value $17,580 Land Value Improvement Value Tax Amount $954.09 Change Rate +0.027008% Assessed CR Tax Rate +0.054271%
Year 2021 Assessed Value $17,190 Land Value $2,280 Improvement Value $14,910 Tax Amount $929 Change Rate +0.144779% Assessed CR Tax Rate +0.054043%
Year 2020 Assessed Value $15,420 Land Value $2,280 Improvement Value $13,140 Tax Amount $811.51 Change Rate +0.042389% Assessed CR Tax Rate +0.052627%
Year 2019 Assessed Value $14,920 Land Value Improvement Value Tax Amount $778.51 Change Rate +0.115344% Assessed CR Tax Rate +0.052179%
Year 2018 Assessed Value $13,700 Land Value Improvement Value Tax Amount $698 Change Rate -0.180655% Assessed CR Tax Rate +0.050949%
Year 2017 Assessed Value $13,600 Land Value Improvement Value Tax Amount $851.9 Change Rate Assessed CR Tax Rate +0.06264%
Year 2016 Assessed Value $13,600 Land Value Improvement Value Tax Amount $851.9 Change Rate -0.068249% Assessed CR Tax Rate +0.06264%
Year 2015 Assessed Value $13,600 Land Value Improvement Value Tax Amount $914.3 Change Rate Assessed CR Tax Rate +0.067228%
Year 2014 Assessed Value $12,940 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $12,940 Land Value Improvement Value Tax Amount $832.63 Change Rate -0.104747% Assessed CR Tax Rate +0.064345%
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $930.05 Change Rate Assessed CR Tax Rate