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5575 Lake Trace Dr; Hoover, AL Property Details

5575 Lake Trace Dr, Hoover, AL is a Single Family that was built in 2004. This property is currently Financed and is not for sale. Our records show that 5575 Lake Trace Dr has 4 bedrooms, and 4.5 bathrooms, and a total of 3,397 square feet. The lot size of 5575 Lake Trace Dr is 18,000 square feet.

Off market
5575 Lake Trace Dr Hoover, AL 35244
$64,680 Estimated Value
4 Beds
4.5 Baths
3,397 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $635,000
  • Open Loans / Balance: 2 / $388,022
  • Est. Equity / %: $387,978 / 50%
  • Gross Yield: 2.484%
  • APN: 39-00-33-2-000-004.000
  • Situs County: Jefferson
  • Length Of Ownership: 19 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 3,397/SqFt
  • Lot: 18,000/SqFt
  • Gross: 5,418/SqFt
  • Living: 3,397/SqFt
  • Basement: 2,021/SqFt
  • Building: 5,418/SqFt
  • Ground: 2,021/SqFt
  • Price Per Square Foot: $186.93

Legal Description

  • Description: LOT 1808 TRACE CROSSINGS 18TH SEC 1ST ADD 35/45
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hoover City School District
  • Lat / Lon: 33.342297 / -86.86147
  • Subdivision: Trace Crossings 18th Sec
  • Property Class: Residential
  • Zoning: PA1
  • County Use Code: 111

Amenities

  • Plus Four: 3966
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Monthly
  • H O A One Name: Trace Crossings Residential Assn Inc
  • H O A One Type: Home Owner Association

Ownership Info

5575 Lake Trace Dr has no associated ownership info
5575 Lake Trace Dr has no associated ownership info.

Taxes

5575 Lake Trace Dr has 9 associated Taxes items

5575 Lake Trace Dr, Hoover, 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 $64,680. The APN we've located for 5575 Lake Trace Dr is 39-00-33-2-000-004.000.

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Taxes
  • Assessed Value:  $64,680
  • Assessed Year:  2025
  • Assessed County:  Jefferson
  • APN:  39-00-33-2-000-004.000
  • Market Land Value:  172800
  • Tax Amount:  4248
  • Tax Year:  2024
  • Market Value:  774700
  • Market Year:  2025

Tax History

5575 Lake Trace Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,680 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,248 Change Rate -0.091148% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,674.03 Change Rate +0.100199% Assessed CR Tax Rate
Year 2022 Assessed Value $64,680 Land Value Improvement Value Tax Amount $4,248.35 Change Rate +0.071701% Assessed CR Tax Rate +0.065683%
Year 2021 Assessed Value $60,370 Land Value $13,000 Improvement Value $47,370 Tax Amount $3,964.12 Change Rate +0.069938% Assessed CR Tax Rate +0.065664%
Year 2020 Assessed Value $56,450 Land Value $13,000 Improvement Value $43,450 Tax Amount $3,705 Change Rate +0.083089% Assessed CR Tax Rate +0.065633%
Year 2019 Assessed Value $52,160 Land Value Improvement Value Tax Amount $3,420.77 Change Rate -0.069077% Assessed CR Tax Rate +0.065582%
Year 2018 Assessed Value $56,000 Land Value Improvement Value Tax Amount $3,674.6 Change Rate -0.031364% Assessed CR Tax Rate +0.065618%
Year 2017 Assessed Value $57,800 Land Value Improvement Value Tax Amount $3,793.58 Change Rate Assessed CR Tax Rate +0.065633%
Year 2016 Assessed Value $57,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $57,800 Land Value Improvement Value Tax Amount $3,793.58 Change Rate Assessed CR Tax Rate +0.065633%
Year 2014 Assessed Value $56,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $56,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $4,135.29 Change Rate Assessed CR Tax Rate