NOT LISTED FOR SALE

107 Ferstwood Dr Madison, AL 35756

Estimated Value: $248,000 - $277,000

3 Beds
2 Baths
1,464 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $255,000 $174 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,534/month

34 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Horizon Elementary School Rated A+
  • 2 Car Garage

About This Home

As of February 2023

MADISON CITY SCHOOLS!! 1% RATE BUY DOWN (with participating lender) Adorable 3Br/2Ba home has been updated to include new paint and carpet. Open family room greets you with hardwood flooring, and fresh paint. Kitchen is spacious with bar area and pantry. Kitchen offers plenty of cabinet and counter space & stainless appliances. Primary suite has new carpet and boasts large walk in closet, w/ private bath featuring tiled walk in shower, whirlpool tub, and dual vanities. Additional bedrooms have new paint and carpet. Backyard offers covered & uncovered patio space and overlooks privacy fenced backyard!

Last Agent to Sell the Property

Christina Tripp-Wolde

Twins Realty License #000078138 Listed on: 10/15/2022

Last Buyer's Agent

Jen Lockwood

Crue Realty License #133508

Crue Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 2010

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65 x 120

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,464 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Towne Lakes Subdivision

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 2505214000002205

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1464
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 65 x 120
  • Subdivision Name: Towne Lakes
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2010
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: First
  • Room Living Room Area: 272
  • Room Kitchen Area: 256
  • Room Master Bedroom Area: 182

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 2505214000002205
  • Lot Size Sq Ft: 7840.799999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: n/a
  • Tax Lot: 145

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Feb 21, 2023
Sold by
Sierra Summit Holdings Llc
Bought by
Leday Sanghee Kim
Seller's Agent
Christina Tripp-Wolde
Twins Realty
Buyer's Agent
Jen Lockwood
Crue Realty
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Views
88
Current Estimated Value
$258,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,399
Avg. Annual Appreciation
1.02%
Original Mortgage
$246,489
Outstanding Balance
$240,147
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$21,354

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 7, 2022
Sold by
Sturkie Elliot D
Bought by
Sierra Summit Holdings Llc
Seller's Agent
Karen Borden
Legend Realty
Buyer's Agent
Christina Tripp-Wolde
Twins Realty
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.88%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Breland Homes Llc
Bought by
Abuwali Eze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
4.94%
Mortgage Type
VA
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
Leday Sanghee Kim $255,000 Foundation Title & Escrow Seri
Sierra Summit Holdings Llc $215,000 --
Abuwali Eze -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leday Sanghee Kim $246,489
Previous Owner Abuwali Eze $145,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $255,000 -1.9% $174 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/13/2022 11/13/22 Price Changed $259,900 -1.9% $178 / Sq Ft
11/04/2022 11/04/22 Price Changed $264,900 -1.5% $181 / Sq Ft
10/15/2022 10/15/22 For Sale $269,000 +25.1% $184 / Sq Ft
10/07/2022 10/07/22 Sold $215,000 +7.5% $147 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $200,000 -- $137 / 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 $1,512 $25,360 $5,000 $20,360
2023 $1,512 $47,460 $10,000 $37,460
2022 $1,055 $17,940 $3,260 $14,680
2021 $995 $16,960 $3,260 $13,700
2020 $863 $14,820 $2,500 $12,320
2019 $571 $12,490 $2,500 $9,990
2018 $574 $12,560 $0 $0
2017 $574 $12,560 $0 $0
2016 $574 $12,560 $0 $0
2015 $574 $12,560 $0 $0
2014 $599 $13,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1820696

ValleyMLS.com

APN: 25-05-21-4-000-002.205