NOT LISTED FOR SALE

105 Progress Ln Madison, AL 35758

Estimated Value: $262,000 - $443,000

3 Beds
2 Baths
1,437 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $176,000 $122 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,748/month

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating and Cooling System
  • Madison Elementary School Rated A+

About This Home

As of February 2020

Beautiful 3 bedroom brick ranch style home located in a quiet neighborhood in the heart of Madison. Perfect for an investment property. SOLD AS IS.

Last Agent to Sell the Property

Cynthia Joiner

KW Huntsville Keller Williams License #88523 Listed on: 01/01/2020

KW Huntsville Keller Williams

Last Buyer's Agent

Tammy Ernst

RE/MAX Unlimited License #102894

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 73 x 145

Home Design

  • Slab Foundation

Interior Spaces

  • 1,437 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Madison Trace Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 1603080003054000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Lot Details

0

Listing Details

  • Living Area: 1437
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 73 x 145
  • Subdivision Name: Madison Trace
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom3 Area: 110
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Family Room Area: 294
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 110
  • Room Master Bedroom Area: 221

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1603080003054000
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 40

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 24, 2020
Sold by
Knight Tiffany Aaron and Estate Of Charles Arron
Bought by
Davidson Michael A and Davidson Laura C
Seller's Agent
Cynthia Joiner
KW Huntsville Keller Williams
Buyer's Agent
Tammy Ernst
RE/MAX Unlimited
List Price
$165,000
Sold Price
$176,000
Premium/Discount to List
$11,000
6.67%
Current Estimated Value
$277,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,333
Avg. Annual Appreciation
11.89%
Original Mortgage
$140,800
Outstanding Balance
$125,198
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$199,802
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Davidson Michael A $716,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Michael A $140,800
Previous Owner Aaron Charles $146,621
Previous Owner Aaron Charles $133,915
Previous Owner Aaron Charles $16,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2020 05/25/20 Off Market -- -- --
02/24/2020 02/24/20 Sold $176,000 +6.7% $122 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $165,000 -- $115 / Sq Ft
Source: ValleyMLS.com

Tax History Compared to Growth

Source: Public Records

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
2024 $3,315 $47,580 $7,220 $40,360
2023 $3,315 $45,960 $7,220 $38,740
2022 $2,851 $40,900 $7,220 $33,680
2021 $2,014 $28,860 $2,740 $26,120
2020 $916 $13,700 $1,370 $12,330
2019 $720 $13,170 $1,370 $11,800
2018 $681 $12,500 $0 $0
2017 $675 $12,400 $0 $0
2016 $675 $12,400 $0 $0
2015 $675 $12,400 $0 $0
2014 $656 $12,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1134191

ValleyMLS.com

APN: 16-03-08-0-003-054.000