$507,500 Sold price
$11,500 Below Asking Closed on Feb 28, 2025

5509 Magnolia Trce Hoover, AL 35244

4 beds
3 full, 1 partial
3,453 sqft
0.3 acres
House

Comparable homes

Property details

Closing details

Sold price
$507,500
Price difference
$11,500 Below Asking
List price
$519,000
Closing date
February 28, 2025

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Closing credit¹

0.5% sale price

Seller rebate²

Price information

Property sales

DateEventPrice
Aug 24, 1999
Home Sold
$280,930

Tax history

YearAssessmentProperty Tax
2023$40,340$2,623
2022$36,860$2,623
2021$33,140$2,362
2020$32,150$2,362
2018$29,600$2,095
2017$29,600$2,095

History based on county public records data.

Nearby schools

9

Trace Crossings Elementary School

Public District PK-5

0.6 mi

5454 Learning Ln

8

Riverchase Elementary School

Public District KG-5

1.7 mi

1950 Old Montgomery Hwy

10

Deer Valley Elementary School

Public District KG-5

1.9 mi

4990 Ross Bridge Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $140,122. Residents of Hoover, AL typically earn between $100k-200k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

11%
<35k
20%
35k-100k
44%
100k-200k
25%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

15%
Single, No Kids
4%
Single, with Kids
41%
Married, No Kids
40%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
53%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

This home is located at 5509 Magnolia Trce in Hoover, AL and zip code 35244. This 3,453 square foot home, which was built in 1996, sits on a 0.30 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $519,000.

In February 2025 more than 18 listings in Hoover, AL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 41 were sold below. Between January and February 2025, Hoover, AL real estate market has seen increase in the number of listings by 9.9%. While the average time on the market in February 2025 was 49 days, the median list price was $499,850.

From Rocket Homes Real Estate and based on county public records data.

More resources

MLS Disclaimers and Copyright

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.