Large Location Icon

505 Lance Way; Birmingham, AL Property Details

505 Lance Way, Birmingham, AL is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 505 Lance Way has 4 bedrooms, and 2 bathrooms, and a total of 1,805 square feet. The lot size of 505 Lance Way is 22,057 square feet.

Off market
505 Lance Way Birmingham, AL 35206
$20,020 Estimated Value
4 Beds
2 Baths
1,805 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1975
  • Purchase Price: $156,000
  • Open Loans: 1
  • Gross Yield: 13.535%
  • APN: 24-00-07-2-001-017.000
  • Situs County: Jefferson
  • Length Of Ownership: 20 years, 3 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gambrel
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,805/SqFt
  • Lot: 22,057/SqFt
  • Gross: 2,831/SqFt
  • Living: 1,805/SqFt
  • Basement: 1,026/SqFt
  • Building: 2,831/SqFt
  • Ground: 1,805/SqFt
  • Price Per Square Foot: $86.43

Legal Description

  • Description: LOT 2 BL 3 AWTREY & SCOTT 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: 33.573387 / -86.68792
  • Subdivision: Awtrey & Scott-Sh 24-7-2
  • Property Class: Residential
  • Zoning: I3-R
  • County Use Code: 111

Amenities

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

Ownership Info

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

Taxes

505 Lance Way has 9 associated Taxes items

505 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 $20,020. The APN we've located for 505 Lance Way is 24-00-07-2-001-017.000.

Unlock the full report
Taxes
  • Assessed Value:  $20,020
  • Assessed Year:  2025
  • Assessed County:  Jefferson
  • APN:  24-00-07-2-001-017.000
  • Market Land Value:  46600
  • Tax Amount:  1380
  • Tax Year:  2024
  • Market Value:  200200
  • Market Year:  2025

Tax History

505 Lance Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,020 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,380 Change Rate +0.000188% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,379.74 Change Rate +0.283193% Assessed CR Tax Rate
Year 2022 Assessed Value $15,820 Land Value Improvement Value Tax Amount $1,075.24 Change Rate +0.031999% Assessed CR Tax Rate +0.067967%
Year 2021 Assessed Value $15,360 Land Value $2,400 Improvement Value $12,960 Tax Amount $1,041.9 Change Rate +0.120034% Assessed CR Tax Rate +0.067832%
Year 2020 Assessed Value $13,820 Land Value $2,400 Improvement Value $11,420 Tax Amount $930.24 Change Rate +0.035487% Assessed CR Tax Rate +0.067311%
Year 2019 Assessed Value $13,380 Land Value Improvement Value Tax Amount $898.36 Change Rate +0.176649% Assessed CR Tax Rate +0.067142%
Year 2018 Assessed Value $11,520 Land Value Improvement Value Tax Amount $763.49 Change Rate -0.210038% Assessed CR Tax Rate +0.066275%
Year 2017 Assessed Value $14,320 Land Value Improvement Value Tax Amount $966.49 Change Rate -0.010241% Assessed CR Tax Rate +0.067492%
Year 2016 Assessed Value $14,320 Land Value Improvement Value Tax Amount $976.49 Change Rate +0.010347% Assessed CR Tax Rate +0.068191%
Year 2015 Assessed Value $14,320 Land Value Improvement Value Tax Amount $966.49 Change Rate Assessed CR Tax Rate +0.067492%
Year 2014 Assessed Value $13,640 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $13,640 Land Value Improvement Value Tax Amount $881.28 Change Rate -0.100441% Assessed CR Tax Rate +0.06461%
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $979.68 Change Rate Assessed CR Tax Rate