5315 Memory Ln, Mount Olive, AL 35117
Property image
Property image
OFF MARKET

5315 Memory Ln
Mount Olive, AL 35117

  • 3 Beds
  • 2 Baths
  • 2,012 sqft (on 0.31 acres)

$266,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,567/mo*

$266,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,567/mo*
3 Beds
2 Baths
2,012 sqft
(on 0.31 acres)

Home Value

Trulia Estimate
$266K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$2K (+0.8%)
Since last sale
Increased$108K (+68.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +70% in the last 10 years
MonthEstimated value
2026
August 2026$266K
July 2026$266K
June 2026$269K
May 2026$270K
April 2026$264K
March 2026$267K
February 2026$261K
January 2026$250K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Single-Family Home
$175,000
10/01/25
3
2
1,594
0.11
Single-Family Home
$115,000
04/23/26
3
2
1,770
0.16
Single-Family Home
$194,500
12/30/25
3
2
1,829
0.07
Single-Family Home
$230,000
02/27/26
4
2
1,536
0.18
Single-Family Home
$240,000
12/03/25
3
2
1,603
0.17
Single-Family Home
$128,000
03/19/26
3
2
1,738
0.10
Single-Family Home
$269,900
06/29/26
4
2
1,670
0.22
Single-Family Home
$230,700
06/30/26
3
2
1,882
0.18
Single-Family Home
$245,160
04/17/26
3
2
1,750
0.26
Single-Family Home
$128,500
10/02/25
3
2
2,005

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$268,000
3
2
1,344
Off Market
0.07
$222,500
3
2
1,401
Recently Sold
0.11
$295,800
3
2.5
1,411
Off Market
0.07
$230,000
4
2
1,536
Recently Sold
0.08
$245,600
3
2
1,548
Off Market
0.08
$226,700
3
2
1,326
Off Market
0.10
$269,900
4
2
1,670
Recently Sold
0.14
$242,100
3
2
1,416
Off Market
0.16
$194,500
3
2
1,829
Recently Sold
0.16
$281,100
3
2
1,500
Off Market
0.18
$240,000
3
2
1,603
Recently Sold
0.22
$15,500
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-
-
For Sale

Local Information

  • Map ViewExplore the area around 5315 Memory Ln.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1976
Lot Size
0.31 acres
Living Area
2,012 sqft
Price/Sqft
$132
Parking
Garage

About this House

This adorable, lovingly cared for, one-level home(1,633 sq ft per owner) is located on a peaceful side street in the quiet community of Mount Olive, a 15 minute drive to downtown Birmingham. Flat lot with a privacy-fenced back yard. Spacious wrap-around deck for grilling, dining, and entertaining. Cathedral ceiling with cedar beams in the living room and a stone fireplace. The current owners have added a family room/den behind the fireplace that mirrors the living room with beams and cedar tongue-in-groove ceiling. Updated bathrooms. Beautiful hardwood and hardwood laminate floors! Separate dining room. All new windows! Covered carport and workshop in the back yard. New landscaping in the front! HVAC and roof about 7 years old.
5315 Memory Ln, Mount Olive, AL 35117 is a 3 bedroom, 2 bathroom, 2,012 sqft single-family home built in 1976. It last sold for $158,000 on Apr 8, 2016. It is currently off market. The Trulia Estimate is $266,100, with a rent estimate of $1,657/month.

Home Details for 5315 Memory Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 6
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodFoundation Type: WoodLawnPatioPorch
Parking & Garage
GarageParking: Carport, Garage Attached

Property Information

Year Built
Year Built: 1976Year Updated: 1978
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.31 acres

Price and Tax history

DateEventPrice
Apr 8, 2016
Source: GALMLS #727521
Sold
$158,000
Mar 9, 2016
Source: Agent Provided
Pending
$164,900
Feb 7, 2016
Source: Agent Provided
PriceChange
$164,900
Price decreased by 2%
Feb 6, 2016
Source: Agent Provided
Listed For Sale
$167,500
Jul 29, 2009
Source: N/A
Sold
$150,000

Market trends in Mount Olive

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
35
1
MoM
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What Locals Say about Mount Olive

At least 13 Trulia users voted on each feature.
  • 94 % Say parking is easy

  • 94 % Say car is needed

  • 89 % Say yards are well-kept

  • 84 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 75 % Say it's quiet

  • 72 % Say it's dog friendly

  • 69 % Say they plan to stay for at least 5 years

  • 67 % Say kids play outside

  • 62 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 25 % Say there are sidewalks

  • 25 % Say there are community events

  • 24 % Say streets are well-lit

  • 15 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Naomi Rodick
    "Our neighborhood is unique because it consists mainly of elderly people who are all friends! There are a few young newlyweds with small children and that adds some volume and spice to our quiet little community."
  • Tammy J.
    "Very dog friendly ! Neighbors look out for each other’s pets ! All dog breeds are welcome here, as long as they are friendly. "
  • Robin L. B.
    "I live here and work south of Birmingham in Alabaster. I wouldn’t trade it for anything! Safety and community is more important than a 25 minute commute! "
  • Jfhclass49
    "Magnolia Festival each year. Community pool, good neighbors. Roads only get really busy during certain peak hours. Burglary is very low."
  • Tobimosley157
    "My commute to work is about 15-20 minutes on a good day. Gardendale is convenient to shopping, restaurants, and the interstate. "
  • Tobimosley157
    "It is approximately 15 miles to work. The commute is not bad at all. It is mostly interstate the entire way. "
  • Finerider80
    "nice quiet and low crime almost none with friendly neighbors and pretty homes what more could you want?"
  • Warreagl
    "Beautiful private low density enclave community tucked against woodlands. Well maintained homes on a dead end double cul de sac. Underground utilities. 5 minutes to I-65, and 20 minutes to downtown Birmingham."

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Apartments for Rent

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Homes for sale near 5315 Memory Ln

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Off Market Homes Near 5315 Memory Ln

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Frequently asked questions about 5315 Memory Ln

  • What is 5315 Memory Ln estimated to be worth?
    Trulia's estimated value for 5315 Memory Ln in Mount Olive, AL is $266,100.
  • What is the price history for 5315 Memory Ln?
    5315 Memory Ln in Mount Olive, AL last sold for $158,000 in April 2016.
  • Is Mount Olive a buyer's or seller's market?
    Mount Olive is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Mount Olive?
    Residents describe Mount Olive, AL as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Mount Olive, AL.
  • Does 5315 Memory Ln have air conditioning?
    Yes, 5315 Memory Ln in Mount Olive, AL has air conditioning.
  • How big is the lot at 5315 Memory Ln?
    The lot at 5315 Memory Ln in Mount Olive, AL is about 0.31 acres (13,504 sq ft).