5316 Memory Ln, Mount Olive, AL 35117
Property image
Property image
OFF MARKET

5316 Memory Ln
Mount Olive, AL 35117

  • 3 Beds
  • 2 Baths
  • 1,708 sqft (on 0.34 acres)

$242,900

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,436/mo*

$242,900

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,436/mo*
3 Beds
2 Baths
1,708 sqft
(on 0.34 acres)

Local Information

  • Map ViewExplore the area around 5316 Memory Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1974
Lot Size
0.34 acres
Living Area
1,708 sqft
Price/Sqft
$142

About this House

Great Home.
5316 Memory Ln, Mount Olive, AL 35117 is a 3 bedroom, 2 bathroom, 1,708 sqft single-family home built in 1974. It last sold for $137,500 on Jun 22, 2017. It is currently off market. The Trulia Estimate is $242,900, with a rent estimate of $1,655/month.

Home Details for 5316 Memory Ln

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Laminate, Linoleum Vinyl
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodFoundation Type: Wood

Property Information

Year Built
Year Built: 1974Year Updated: 1986
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.34 acres

Price History for 5316 Memory Ln

DatePriceEventSource
06/22/2017$137,500Sold
GALMLS #775327
04/29/2017$144,900PriceChange
Agent Provided
04/26/2017$154,900PriceChange
Agent Provided
04/20/2017$144,900PriceChange
Agent Provided
02/28/2017$154,900Listed For SaleAgent Provided

Market trends in Mount Olive

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
35
7
MoM
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Property Tax and Assessment

Year2025
Tax$2,032
Assessment$202,800
Home facts updated by county records

Comparable Sales for 5316 Memory Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$115,000
04/23/26
3
2
1,770
0.11
Single-Family Home
$175,000
10/01/25
3
2
1,594
0.15
Single-Family Home
$194,500
12/30/25
3
2
1,829
0.18
Single-Family Home
$128,000
03/19/26
3
2
1,738
0.05
Single-Family Home
$230,000
02/27/26
4
2
1,536
0.09
Single-Family Home
$269,900
06/29/26
4
2
1,670
0.21
Single-Family Home
$240,000
12/03/25
3
2
1,603
0.21
Single-Family Home
$245,160
04/17/26
3
2
1,750
0.24
Single-Family Home
$230,700
06/30/26
3
2
1,882
0.29
Single-Family Home
$128,500
10/02/25
3
2
2,005

Nearby homes

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Assigned Schools

These are the assigned schools for 5316 Memory Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5316 Memory Ln

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Off Market Homes Near 5316 Memory Ln

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Frequently asked questions about 5316 Memory Ln

  • What is 5316 Memory Ln estimated to be worth?
    Trulia's estimated value for 5316 Memory Ln in Mount Olive, AL is $242,900.
  • What is the price history for 5316 Memory Ln?
    5316 Memory Ln in Mount Olive, AL last sold for $137,500 in June 2017.
  • 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 5316 Memory Ln have air conditioning?
    Yes, 5316 Memory Ln in Mount Olive, AL has air conditioning.
  • How big is the lot at 5316 Memory Ln?
    The lot at 5316 Memory Ln in Mount Olive, AL is about 0.34 acres (14,810 sq ft).