$180,000
SOLD DEC 5, 2025

106 Eldorado Dr Madison, AL 35758

2 Beds
2 Baths
1,976 Sq Ft
0.68 Acres

Recently Sold

$91 Per Sq Ft

28% Below List Price

78 Days on Market

Highlights

  • 0.68 Acre Lot
  • Cathedral Ceiling
  • Bonus Room
  • Horizon Elementary School Rated A+
  • 2 Fireplaces
  • Sun or Florida Room

About This Home

As of December 2025

Investor Opportunity in Madison, AL Rustic 3-bedroom, 2-bath, 2-story with nearly a 600 SF basement home situated on a large corner lot, blending charm and potential. Featuring exposed beams, cathedral ceilings and a cozy wood-burning stove, this property exudes character. The 3-car garage includes a floored unfinished apartment/ bonus Rm above, perfect for rental income or a guest suite. Conveniently located near shopping, dining, and the Redstone Arsenal, this home offers accessibility and appeal. Ideal for investors seeking a unique property with excellent potential for upgrades or rental income. Don’t miss out on this rare find! SOLD AS IS

Last Agent to Sell the Property

Carrie Hereford

RE/MAX Alliance License #85050 Listed on: 09/18/2025

RE/MAX Alliance

Last Buyer's Agent

Tina Zhao

UHome Realty LLC License #100453

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 181 x 165 x 133 x 216

Home Design

  • Frame Construction

Interior Spaces

  • 1,976 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Gap Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1601020001044.000

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Living Area: 1976
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Lot Size: 181 x 165 x 133 x 216
  • Subdivision Name: Rainbow Gap Estates
  • Architectural Style: BsmtRanch
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: Two
  • Basement: Basement
  • Full Bathrooms: 2
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Dining Room, Kitchen, Bonus Room, Laundry, Sun, Utility Room

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Drive-Concrete
  • Patio And Porch Features: Covered Porch, Front Porch

Garage/Parking

  • Parking Features: Garage-Two Car, Garage Faces Front

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • 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: 1601020001044.000
  • Lot Size Sq Ft: 29620.8

Green Features

Tax Info

  • Tax Lot: 1

MLS Schools

  • Elementary School: Horizon (K-6)
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2025
Closed on
Dec 5, 2025
Sold by
Tabb Daniel Lee and Tabb Harold Trey
Bought by
Eastman Property Series Llc and Eldorado Protected Series Llc
Seller's Agent
Carrie Hereford
RE/MAX Alliance
Buyer's Agent
Tina Zhao
UHome Realty LLC
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
907.21%
Original Mortgage
$246,460
Outstanding Balance
$246,460
Interest Rate
6.19%
Mortgage Type
Construction
Estimated Equity
-$34,872

Purchase Details

Closed on
Jan 24, 2024
Sold by
Tabb David Richard and Tabb Daniel Lee
Bought by
Tabb Daniel Lee and Tabb Harold Trey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,460 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Sold $180,000 -10.0% $91 / Sq Ft
10/28/2025 10/28/25 Price Changed $200,000 -20.0% $101 / Sq Ft
09/18/2025 09/18/25 For Sale $250,000 -- $127 / 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
2025 $1,664 $23,740 $4,680 $19,060
2024 $1,664 $22,200 $4,640 $17,560
2023 $1,505 $22,200 $4,640 $17,560
2022 $1,342 $19,860 $4,640 $15,220
2021 $1,264 $18,740 $4,640 $14,100
2020 $1,018 $15,200 $2,140 $13,060
2019 $836 $15,200 $2,140 $13,060
2018 $837 $15,220 $0 $0
2017 $837 $15,220 $0 $0
2016 $837 $15,220 $0 $0
2015 $837 $15,220 $0 $0
2014 $789 $14,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21899494

ValleyMLS.com

APN: 16-01-02-0-001-044.000