$33,750
SOLD MAY 26, 2021

106 Mad River Ln Dothan, AL 36301

0.54 Acre
$62,500 Price per Acre
23,522 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

49 Days on Market

About This Lot

As of April 2023

Beautiful lot inside Dothan City Limits with 2,000 SF minimum heated and cooled construction. No HOA fees!!!

Last Agent to Sell the Property

Tim Vierkandt

Berkshire Hathaway HomeServices Showcase Properties

Berkshire Hathaway HomeServices Showcase Properties

Last Buyer's Agent

Tim Vierkandt

Berkshire Hathaway HomeServices Showcase Properties

Berkshire Hathaway HomeServices Showcase Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $263

Year Built

  • 2022

Lot Details

  • 0.54 Acre Lot
  • Cul-De-Sac

Schools

  • Hidden Lake Primary/Beverlye Intermediate
  • Dothan Preparatory Middle School
  • Dothan High School

Utilities

  • Septic Tank

Additional Features

  • Property Views

Community Details

  • The Cove At Wilson Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1602044000001026

Property Details

Property Type

Land

Est. Annual Taxes

$263

Year Built

2022

Lot Details

0

Listing Details

  • Property Sub Type: Residential Land
  • Prop. Type: Land
  • Lot Size Acres: 0.54
  • Lot Size: 0.54
  • Road Surface Type: Asphalt
  • Exclusions: N
  • Subdivision Name: The Cove At Wilson Mill
  • Directions: RCC to Cottonwood Rd (outside Circle), left on Eddins Rd, left onto Mad River Ln
  • Special Features: None
  • Year Built: 2022

Exterior Features

  • Fencing: None
  • Lot Features: .51-.75 acre
  • Topography: Inside Subdivision
  • View: Cul-de-Sac
  • View: Yes
  • Waterfront Features: No Waterfront
  • Waterfront: No

Utilities

  • Electric: Alabama Power
  • Electricity On Property: Yes
  • Sewer: Septic Tank, Other
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public, City
  • Gas Company: Available

Schools

  • Elementary School: Hidden Lake Primary/Beverlye Intermediate
  • High School: Dothan High School (Grades 10 - 12)
  • Middle Or Junior School: Dothan Preparatory (Grades7-8)

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Crops Included: No
  • Parcel #: 1602044000001026
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 263
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Apr 28, 2023
Sold by
Legacy Builders Const Llc
Bought by
Kirpalani Vinita G
Seller's Agent
Tim Vierkandt
Berkshire Hathaway HomeServices Showcase Properties
Buyer's Agent
Darlene Ream
Lan Darty Real Estate & Development
List Price
$489,000
Sold Price
$448,000
Premium/Discount to List
-$41,000
-8.38%
Total Days on Market
49
Views
584
Current Estimated Value
$481,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,302
Avg. Annual Appreciation
3.51%
Original Mortgage
$300,000
Outstanding Balance
$293,178
Interest Rate
6.34%
Mortgage Type
Construction
Estimated Equity
$188,124

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 26, 2021
Sold by
Cove Llc
Bought by
Legacy Builders Construction Llc
Seller's Agent
Tim Vierkandt
Berkshire Hathaway HomeServices Showcase Properties
Buyer's Agent
Tim Vierkandt
Berkshire Hathaway HomeServices Showcase Properties
List Price
$33,750
Sold Price
$33,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
284.50%
Original Mortgage
$313,000
Interest Rate
2.9%
Mortgage Type
Commercial

Map

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 Type Sale Price Title Company
Deed $448,000 Title Order Nbr Only
Warranty Deed $33,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Construction
Previous Owner $313,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $448,000 -7.6% $127 / Sq Ft
03/27/2023 03/27/23 Price Changed $485,000 -0.8% $137 / Sq Ft
03/15/2023 03/15/23 Price Changed $488,700 0.0% $138 / Sq Ft
03/01/2023 03/01/23 Price Changed $488,750 -0.1% $138 / Sq Ft
12/07/2022 12/07/22 For Sale $489,000 +1348.9% $138 / Sq Ft
05/26/2021 05/26/21 Sold $33,750 0.0% $10 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $33,750 -- $10 / Sq Ft
Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

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 $1,389 $48,060 $0 $0
2023 $1,389 $7,600 $0 $0
2022 $262 $7,600 $0 $0
2021 $262 $7,600 $0 $0
2020 $262 $7,600 $0 $0
2019 $262 $7,600 $0 $0
2018 $262 $7,600 $0 $0
2017 $262 $7,600 $0 $0
2016 $262 $0 $0 $0
2015 $262 $0 $0 $0
2014 $262 $0 $0 $0
Source: Public Records

Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

MLS Number: 181627

APN: 16-02-04-4-000-001-026

Alabama Houston County Dothan 36301

106 Mad River Ln, Dothan, AL

Homes for Sale in Dothan, AL

This home is located at 106 Mad River Ln, Dothan, AL 36301 and is currently priced at $33,750, approximately $9 per square foot. This property was built in 2022. 106 Mad River Ln is a home located in Houston County with nearby schools including Dothan City Early Education Center, Hidden Lake Elementary School, and Beverlye Intermediate School.

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