Seller's Agent in 2025
Paul Schuppener
Legend Realty
(256) 658-9340
13 in this area
109 Total Sales
103 Jodi Dr Madison, AL 35758
Estimated Value: $412,000 - $475,000
Studio
4
Baths
3,456
Sq Ft
$130/Sq Ft
Est. Value
About This Home
As of March 2025This 4-plex multi-family property is annvestment opportunity in the high-demand Madison rental market! Each 2-bed, 2-Full bath unit rents for $995/month, generating $36,000+/- in gross annual income per building. All units include laundry rooms, kitchens with appliances, and many feature new laminate flooring and updated paint. Located next to West Madison Elementary and also walking distance to Bob Jones High, this highly desirable Madison City Schools location ensures strong tenant demand. Convenient to Wall Triana, Costco, Clift’s Farm dining, and major shopping. One of three available—multi-family in Madison is rare, so don’t miss out!
Property Details
Home Type
- Multi-Family
Home Design
- Brick Exterior Construction
- Frame Construction
Kitchen
- Oven
- Dishwasher
Parking
- 8 Parking Spaces
- Shared Driveway
- Open Parking
- Parking Lot
Schools
- Discovery Elementary School
- Bob Jones High School
Utilities
- Central Heating and Cooling System
- Natural Gas Not Available
- Water Heater
Additional Features
- Washer and Dryer Hookup
- Lot Dimensions are 145 x 88 x 145 x 102
Community Details
- 4 Units
- 3,456 Sq Ft Building
- Madison Haven Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number LOT 2 BLK 3 MADISON HAVEN S/D
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Mar 31, 2025
Sold by
Jkk Real Estate Investments Llc
Bought by
Sheikholeslami Azar and Hashemian Alireza
Seller's Agent
Paul Schuppener
Legend Realty
Buyer's Agent
Olcay Wiesbrook
Legend Realty Madison, LLC
List Price
$450,000
Sold Price
$442,000
Premium/Discount to List
-$8,000
-1.78%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,404
Avg. Annual Appreciation
1.54%
Original Mortgage
$331,500
Outstanding Balance
$329,515
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$119,889
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sheikholeslami Azar | $500 | None Listed On Document | |
| Sheikholeslami Azar | $442,000 | None Listed On Document | |
| Sheikholeslami Azar | $500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sheikholeslami Azar | $331,500 | |
| Closed | Sheikholeslami Azar | $331,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | Off Market | $442,000 | -- | -- |
| 03/31/2025 03/31/25 | Sold | $442,000 | -1.8% | $128 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $450,000 | -- | $130 / Sq Ft |
Source: ValleyMLS.com
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,605 | $51,620 | $13,000 | $38,620 |
| 2024 | $3,605 | $49,780 | $13,000 | $36,780 |
| 2023 | $3,477 | $49,780 | $13,000 | $36,780 |
| 2022 | $3,040 | $43,480 | $13,000 | $30,480 |
| 2021 | $1,583 | $22,520 | $5,100 | $17,420 |
| 2020 | $1,524 | $21,680 | $4,260 | $17,420 |
| 2019 | $1,264 | $21,680 | $4,260 | $17,420 |
| 2018 | $1,096 | $18,760 | $0 | $0 |
| 2017 | $1,096 | $18,760 | $0 | $0 |
| 2016 | $1,096 | $18,760 | $0 | $0 |
| 2015 | $1,096 | $18,760 | $0 | $0 |
| 2014 | $1,071 | $18,620 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Schuppener
-
Olcay Wiesbrook
Buyer's Agent in 2025
Olcay Wiesbrook
Legend Realty Madison, LLC
(256) 294-8871
13 in this area
35 Total Sales
Map
Source: ValleyMLS.com
MLS Number: 21880804
APN: 16-03-05-1-001-070.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2026 Valley MLS
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