NOT LISTED FOR SALE

103 Michael Ave Madison, AL 35758

Madison Area

Estimated Value: $432,000 - $449,000

Studio
4 Baths
3,450 Sq Ft
$127/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2022

Last sale price $475,000 $138 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,701 / mo

8 Days on Market

Highlights

  • Deck
  • Patio
  • Central Heating and Cooling System
  • Columbia Elementary School Rated A

About This Home

As of December 2022

Investors Dream Property very rare quad in city of Madison: 4 Plex 2 Bedroom/1 Bath Units w/ amazing location in the City of Madison! 3 units have been updated including some new stainless steal appliances, painted white cabinets, some updated vanities, LVP flooring through out, framed mirrors, ceiling fans, updated chrome lighting, door knobs, fixtures & hardware. 1 new hvac unit, storm doors, new roof IN 2019 Roof & Vinyl Exterior. Madison School's Millcreek, Liberty & James Clemens High School. Total monthly rent per month $3120 & leases are in documents or can be emailed upon request. DON'T DISTURB TENANTS! Showing once accepted contract.

Last Agent to Sell the Property

John Brooks

Capstone Realty LLC Huntsville License #74782 Listed on: 11/21/2022

Capstone Realty LLC Huntsville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Kitchen

  • Oven
  • Dishwasher

Parking

  • 6 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Mill Creek Elementary School
  • Liberty Middle School
  • Jamesclemens High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Additional Features

  • Property has 2 Levels
  • Lot Dimensions are 105 x 160

Community Details

  • 4 Units
  • 3,450 Sq Ft Building
  • Rolling Wood Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1603051001042000

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 105 x 160
  • Subdivision Name: Rolling Wood
  • New Construction: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Oven
  • Levels: Two

Exterior Features

  • Construction Type: See Remarks
  • Exterior Features: Curb/Gutters, Sidewalks
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Parking Features: Lot, Off Street
  • Total Parking Spaces: 6

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air
  • Gas: None
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 1603051001042000
  • Zoning Description: Multi Family

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 3

MLS Schools

  • Elementary School: Mill Creek
  • High School: Jamesclemens

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
John Brooks
Capstone Realty LLC Huntsville
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$439,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,981
Avg. Annual Appreciation
-2.19%
Original Mortgage
$332,500
Interest Rate
0.0888%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
0.0409%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- Pinnacle Title Services
$289,900 Pinnacle Title Services
$129,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,500
Previous Owner $250,000
Previous Owner $217,425
Previous Owner $96,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market $475,000 -- --
12/27/2022 12/27/22 Sold $475,000 0.0% $138 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $475,000 -- $138 / Sq Ft
Source: ValleyMLS.com

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,449 $63,760 $17,000 $46,760
2024 $4,449 $61,520 $17,000 $44,520
2023 $4,294 $61,520 $17,000 $44,520
2022 $3,399 $48,640 $17,000 $31,640
2021 $1,542 $21,920 $4,500 $17,420
2020 $1,507 $21,420 $4,000 $17,420
2019 $1,250 $21,420 $4,000 $17,420
2018 $1,078 $18,440 $0 $0
2017 $1,078 $18,440 $0 $0
2016 $1,078 $18,440 $0 $0
2015 $1,078 $18,440 $0 $0
2014 $1,053 $18,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Brooks

    Seller's Agent in 2022

    John Brooks

    Capstone Realty LLC Huntsville

    (256) 797-2283

    356 Total Sales

    John Brooks
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Map

Source: ValleyMLS.com

MLS Number: 1823145

ValleyMLS.com

APN: 16-03-05-1-001-042.000

Alabama Madison County Madison 35758

103 Michael Ave, Madison, AL

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