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5506 Timber Leaf Way

Bessemer, AL 35022

Single Family Residence
4 Beds, 2 Baths, 2,221 sqft

Auction (TRUSTEE SALE)

$196,000 (Est. Opening Bid)

Amount set for a starting bid on the purchase of the property at the trustee’s sale (auction). Usually based on the remaining loan balance still owed to the lender. In some states the trustee is allowed to include fees and costs associated with preparing for auction in the opening bid.

Est. Market Value:: $278,200
Est. Mortgage:: $890/mo

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Auction Details Free Trial

Invest With Success And Buy Through Auction.Com. This Foreclosure Investment Property Is A Great Opportunity To Rehab And Flip For Potential Profit Or Rent Out For Long-Term Income. This 2,221 Square Feet Property Features 4 Beds And 2.0 Baths. It Is Located In Jefferson County In The City Of Bessemer. Be Ready To Bid And Buy At Auction On 03-02-2021. Visit Auction.Com To Find Additional Property … Read More Invest With Success And Buy Through Auction.Com. This Foreclosure Investment Property Is A Great Opportunity To Rehab And Flip For Potential Profit Or Rent Out For Long-Term Income. This 2,221 Square Feet Property Features 4 Beds And 2.0 Baths. It Is Located In Jefferson County In The City Of Bessemer. Be Ready To Bid And Buy At Auction On 03-02-2021. Visit Auction.Com To Find Additional Property Details, Time-Saving Reports, And Important Auction Information. Read Less

Foreclosure Information

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Foreclosure Document Info

NOTICE OF PUBLIC FORECLOSURE AUCTION

Awaiting Auction Status Update

The most recently scheduled auction date for this property has passed and we are awaiting a status update. Possible updates include auction cancellation, auction postponement with a new auction date, or transfer to the lender, in which case the property would mmmmmvvvvvbe classified as bank owned (REO).

Estimated Opening Bid:: $196,000
Auction Date:: 03/02/2021

Because auction dates often change or are postponed, we recommend you verify the auction date and location with the Trustee.

Foreclosure Status:	Free with Trial
Entered Date: Date when RealtyTrac received and posted the information.	01/06/2021

Foreclosure Timeline

Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned

01/06/2021 Notice of Trustee Sale issued

A notice of trustee sale has been issued. The property is scheduled to be sold at public auction for $196,000 on 3/2/2021.

Nearby Foreclosures

Vintage Way
Mc Calla, AL 35111

3 Bd 2.5 Ba 2,223 SqFt
Auction - $202,500
Ridge View Cir
Bessemer, AL 35022

3 Bd 3 Ba 2,385 SqFt
Auction - $230,550
Woodberry Ln
Bessemer, AL 35022

3 Bd 1 Ba 1,372 SqFt
Auction - $58,652
Vintage Way
Mc Calla, AL 35111

3 Bd 2.5 Ba 2,223 SqFt
Auction - $202,500

View more foreclosures near 5506 Timber Leaf Way

Property & Loan Info

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Equity & Loan-to-value

$278,200 estimated value

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Ownership Information

Primary Owner: The primary owner (or borrower) is the person in charge of the mortgage and ultimately responsible for making payments on the loan.	Free with Trial
Ownership Description: Indicates the ownership vesting type. Generally this describes the legal relationship between multiple owners or married persons.	Free with Trial
Owners Mailing Address: The address where the owner receives his/her tax bill. You may use this address to get in touch with the property owner.	Free with Trial
Purchase Date: The date when the current owner purchased the property.	05/04/2011

Property Details

This single family residence is located at 5506 Timber Leaf Way, Bessemer, AL 35022. It has 4 bedrooms, 2 bathrooms and approximately 2,221 sq ft of living space. This property is currently in auction with an estimated opening bid of $196,000.

Single Family Residence
4 beds, 2 baths
Home Size: 2,221 sqft
Built in: 2008
Parcel Number: 4300134000001018
RealtyTrac Property ID: 110990663
County: Jefferson
Subdivision: TIMBERLEAF SUB SECTOR 1
Census: 4
Tract: 14203
Lot: 75
Zoning: Free With Trial
Legal: Free With Trial

More features

10 Rooms
Heating Type: FORCED AIR
Cooling Type: CENTRAL
ATTACHED Garage
Fireplace
Asphalt Roof
2 Stories

More Less features

Home Expenses

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Home Insurance:

US Insurance

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Tax History

Year	Taxes	Land	Improvements	Assessment
2017	$920 (+4.73%)	$0	$0	$19,440
2016	$875 (+4.72%)	$0	$0	$18,540
2015	$920 (+4.73%)	$0	$0	$19,440
2014	$1,103 (+5.75%)	$0	$0	$19,160
2013	$1,103 (+5.75%)	$0	$0	$19,160
2011	$1,324	$4,500	$18,340	$22,840

Open Loans

2 loans found for this home view sample

Transaction History

5Transactions found for this property view sample

Nearby Schools

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Comparable Homes & Market Info

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Market Comparison

This home $196,000 Est. Opening Bid

Comparable Sales$193,989 AVG SALES Price

Comparable Sales

The average sales price of homes similar to 5506 Timber Leaf Way is $193,989 ($88/sq.ft.)

Address	Sold Price	Sold Date	Price/sq ft	Sq.Ft.	Beds, Baths	Distance
6432 Ridge View Cir	$160,600	01/28/2021	$67	2,385 sq.ft.	3 Bed, 3 Bath	2 mi away
4846 Woodford Way	$212,000	12/14/2020	$100	2,111 sq.ft.	3 Bed, -- Bath	1.3 mi away
4872 Bob Brill Rd	$405,716	11/18/2020	$175	2,316 sq.ft.	3 Bed, 2 Bath	1.7 mi away
5065 Monroe Dr	$15,000	10/13/2020	$7	2,261 sq.ft.	4 Bed, 3 Bath	0.8 mi away
4479 Bentwood Dr	$275,000	09/03/2020	$131	2,097 sq.ft.	3 Bed, 3 Bath	1.8 mi away
4861 Woodford Way	$210,000	08/28/2020	$99	2,111 sq.ft.	4 Bed, -- Bath	1.4 mi away
7135 Lou George Loop	$24,000	08/04/2020	$11	2,150 sq.ft.	3 Bed, 3 Bath	0.3 mi away
6332 Letson Farms Rd	$250,000	07/09/2020	$109	2,294 sq.ft.	4 Bed, 3 Bath	1.9 mi away

Market Trends

Negative Equity

Unemployment Rate

Area Housing Occupancy

Interactive Map

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Risk Factors

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Crime for Bessemer, AL

National average 200% 300%
Violent Crime
Murder
Forcible Rape
Robbery
Aggr. Assault
Property Crime
Burglary
Larceny Theft
Vehicle

Total Crime Index
Violent Crime Index
Property Crime Index

*100 is national average. Greater than 100 means higher crimes, less than 100 means less crimes.

Former Drug Labs

Find out if this home or one nearby was used in the illegal production of chemicals known to be dangerous to your health.

Radon

Property is located in a Medium Potential Risk area.

5506 Timber Leaf Way is located in Jefferson county, AL. The most recently recorded radon levels indicate that Jefferson county is a Zone 2 county. Zone 2 counties have predicted average indoor radon screening level between 2 and 4 pCi/L (picoucuries per liter).

Radon is a cancer-causing, radioactive gas found in all 50 states. Studies have shown an increased risk of lung cancer as a result of exposure to high concentrations of radon. Our data is a good place to start, but the only true way to determine radon exposure within a home is to test for it.

Environmental Risks

There are environmental risks found near this property.

Tanks & Spills found within 1 mile of this property

Get location and information about potentially hazardous storage tanks or spills near this property including Underground Storage Tanks, Aboveground Storage Tanks, Leaking Underground Storage Tanks, Potential Hazardous Spills and Leaking Aboveground Storage Tanks.

Polluters found within 1 mile of this property

Brownfields found within 1 mile of this property

Superfunds found within 1 mile of this property

Disaster Risks in Bessemer, AL

Earthquake Risk

The USGS database shows that there is a 93.0% chance of a major earthquake within 30 miles of Irvine, CA within the next 50 years. The largest earthquake within 31.8 miles of Irvine, CA was a 5.9 Magnitude in 1987.

Tornado Risk

Based on Historical Tornado Data Irvine, CA is located in the following risk area. Tornado risk is calculated from the destruction path that has occured within 30 miles of the location.

Flood Risk

This property is located in a minimal flood risk area, falling outside of the 1% and 0.2% annual chance of flooding. A flood event is still possible due to severe rainfall and inadequate local drainage. Flood insurance is recommended but not required by federal regulation.

Auction (TRUSTEE SALE)

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Foreclosure Information

Foreclosure Document Info

NOTICE OF PUBLIC FORECLOSURE AUCTION

Awaiting Auction Status Update

Foreclosure Timeline

Property & Loan Info

Equity & Loan-to-value

Ownership Information

Property Details

Home Expenses

Tax History

Open Loans

Transaction History

Nearby Schools

Comparable Homes & Market Info

Market Comparison

Comparable Sales

Market Trends

Negative Equity

Unemployment Rate

Area Housing Occupancy

Interactive Map

Risk Factors

Crime for Bessemer, AL

Former Drug Labs

Radon

Environmental Risks

Tanks & Spills found within 1 mile of this property

Polluters found within 1 mile of this property

Brownfields found within 1 mile of this property

Superfunds found within 1 mile of this property

Disaster Risks in Bessemer, AL

Earthquake Risk

Tornado Risk

Flood Risk

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