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Sold for $500,000
  • $500,000

    5501 Magnolia Trce, Hoover, AL 35244

    4beds
    2,471sqft
    Single Family Residence
    Built in 1997
    0.34 Acres Lot
    $517,200 Zestimate®
    $202/sqft
    $2,916 Estimated rent

    Home value

    $517,200

    $476,000 - $564,000

    $2,916/mo

    Zestimate® history
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    What's special

    Mother-in-law suiteFinished basementLoads of storageNew windowsNew flooringBig screened deckCorner lot
    One-of-a-kind Trace Crossings home with main level living, main level garage AND a finished basement and 2-car basement garage ALL in ONE ready for you! This lovely brick home sits on a corner lot and has 3 bedrooms on the main level, an updated kitchen w/stainless appliances and a big screened deck. Enjoy the freshly painted, neutral colors, new windows and new flooring making this house move-in ready. The finished basement is bright and light with great space to use as you see fit. There is great flexibility for a bedroom, office, game-room, mother-in-law suite or whatever suites your needs. A full bathroom and a kitchenette make this space so versatile. The basement garage is actually big enough for a work-out space or work-shop and you still have room for loads of storage. The roof, HVAC and garage doors have been updated over the years. Walking distance to Trace Crossings elementary school/Hoover HS, shopping, restaurants, etc. Enjoy the windng neighborhood trails and pool.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeanie Shea CELL:2052490097,

    Keller Williams Realty Hoover

    Bought with:

    Kelley Shaw Smith

    RE/MAX on Main

    Andrea Rouse

    RE/MAX on Main

    Source: GALMLS,MLS#: 21403599MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: Basement
    Primary bathroom
    • Level: First
    Bathroom 1
    • Level: First
    Bathroom 3
    • Level: Basement
    Dining room
    • Level: First
    Family room
    • Level: Basement
    Kitchen
    • Features: Stone Counters, Breakfast Bar, Eat-in Kitchen, Pantry
    • Level: First
    Basement
    • Area: 2444
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
    • Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Laundry (ROOM), Yes
    Features
    • Recessed Lighting, Crown Molding, Smooth Ceilings, Tray Ceiling(s), Linen Closet, Separate Shower, Double Vanity, Shared Bath, Tub/Shower Combo, Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Tile
    • Windows: Window Treatments, Double Pane Windows
    • Basement: Full,Partially Finished,Daylight,Concrete
    • Attic: Pull Down Stairs,Yes
    • Number of fireplaces: 1
    • Fireplace features: Gas Starter, Marble (FIREPL), Great Room, Gas
    Interior area
    • Total interior livable area: 2,471 sqft
    • Finished area above ground: 2,057
    • Finished area below ground: 414

    Property

    Parking
    • Total spaces: 4
    • Parking features: Basement, Parking (MLVL), Garage Faces Side
    • Attached garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch, Porch Screened, Covered (DECK), Open (DECK), Screened (DECK), Deck
    • Pool features: Cleaning System, In Ground, Fenced, Community
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: None
    • Waterfront features: No
    Lot
    • Size: 0.34 Acres
    • Features: Corner Lot, Cul-De-Sac, Subdivision
    Details
    • Parcel number: 390027300010.093
    • Special conditions: N/A

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, HardiPlank Type
    • Foundation: Basement
    Condition
    • Year built: 1997

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected, Underground Utilities
    Green energy
    • Energy efficient items: Power Vent, Ridge Vent

    Community & neighborhood

    Community
    • Community features: Bike Trails, Clubhouse, Golf Cart Path, Playground, Sidewalks, Street Lights, Tennis Court(s), Walking Paths
    Location
    • Region: Hoover
    • Subdivision: Trace Crossings

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $450 annually
    • Amenities included: Management
    • Services included: Maintenance Grounds, Utilities for Comm Areas

    Other

    Other facts
    • Price range: $500K - $500K

    Price history

    DateEventPrice
    4/30/2025Sold$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    3/30/2025Contingent$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    3/27/2025Listed for sale$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    12/14/2024Listing removed$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    12/11/2024Listed for sale$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    11/26/2024Contingent$500,000$202/sqft
    Source: GALMLS #21403599 Report a problem
    11/23/2024Listed for sale$500,000+95.3%$202/sqft
    Source: GALMLS #21403599 Report a problem
    4/12/2001Sold$256,000-1.8%$104/sqft
    Source: Public Record Report a problem
    3/18/1998Sold$260,800$106/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,218 -8.1%$33,960
    2024$2,412 $33,960
    2023$2,412 $33,960
    2022$2,412 +11.2%$33,960 +11%
    2021$2,169 +3%$30,600 +3%
    2020$2,105 $29,720
    2019$2,105 +7%$29,720 +6.8%
    2018$1,967 $27,820
    2017$1,967 $27,820
    2016$1,967 $27,820
    2015$1,967 -0.4%$27,820 -6.8%
    2014$1,975 -7.5%$29,840
    2013$2,134 $29,840 +1.5%
    2012$2,134 -1.4%$29,400 -1.4%
    2011$2,165 -3.4%$29,820 -3.4%
    2010$2,241 $30,870
    2009$2,241 -6.6%$30,870 -6.6%
    2008$2,399 +5.8%$33,040 +5.8%
    2007$2,267 +2.8%$31,220 +2.8%
    2006$2,205 +11.8%$30,370 +11.8%
    2005$1,972 +2.6%$27,160 -48.7%
    2004$1,922 +4.1%$52,940 +4.1%
    2003$1,845 +4.1%$50,840 +108.2%
    2002$1,773 $24,420
    2001$1,773 $24,420
    2000$1,773 $24,420

    Find assessor info on the county website

    Neighborhood: 35244

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Trace Crossings
    • Middle: Bumpus, Robert F
    • High: Hoover

    Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $517,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $517,200