RENTED OCT 20, 2025

111 Grayson Ave Madison, AL 35758

Estimated Value: $230,000 - $281,000

3 Beds
2 Baths
1,507 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $144,000 $96 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,613/month

Highlights

  • Property is near park
  • Breakfast Room
  • Central Heating and Cooling System
  • Madison Elementary School Rated A+
  • Living Room
  • Wood Burning Fireplace

About This Home

As of October 2025

All new paint! All new carpet! 3 Bedrooms, 2 Baths in the heart of Madison! Large living room with wood burning fireplace. Isolated master. Formal dining room with chair rail. Fenced in backyard. No smoking. $200 refundable pet deposit with $50 per month pet rent. Call your local Realtor or Dietrich Rentals today to set up an appointment to show! Schools TBV by tenant.

Last Agent to Rent the Property

David Dill

Dietrich Rentals LLC License #108558 Listed on: 08/26/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.3

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,507 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 0.3 Acre Lot
  • Property is near park

Community Details

  • Arlington Subdivision

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Tax Lot 5

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Living Area: 1507
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.3
  • Subdivision Name: Arlington
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Range, Dishwasher, Refrigerator, W/D Hookup
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Breakfast

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Park Near By

Garage/Parking

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

Utilities

  • Heating: Central 1, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Lot Size Sq Ft: 13068

Green Features

Tax Info

  • Tax Lot: 5

MLS Schools

  • Elementary School: Madison (K-6)
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Karl Limmer
Bought by
Paddington Bear Properties Llc
Current Estimated Value
$255,529

Purchase Details

Closed on
Jul 30, 2021
Sold by
Blue Thomas and Blue Rhonda
Bought by
Limmer Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2017
Closed on
Oct 18, 2017
Sold by
Mildred Lucille Thigpen Allred
Bought by
Blue Thomas and Blue Rhonda
Seller's Agent
Rob Abercrombie
Capstone Realty LLC Huntsville
Buyer's Agent
Carolyn Dietrich
Dietrich & Assoc. Real Estate
List Price
$145,000
Sold Price
$144,000
Premium/Discount to List
-$1,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$115,200
Interest Rate
3.91%
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

Date Buyer Sale Price Title Company
Paddington Bear Properties Llc $130,000 None Listed On Document
Limmer Karl $210,000 None Available
Blue Thomas $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limmer Karl $157,500
Previous Owner Blue Thomas $115,200
Previous Owner Blue Thomas --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 Rented $1,625 0.0% --
09/16/2025 09/16/25 Price Changed $1,625 -1.5% $1 / Sq Ft
09/09/2025 09/09/25 Price Changed $1,650 -2.9% $1 / Sq Ft
08/26/2025 08/26/25 For Rent $1,700 0.0% --
01/17/2018 01/17/18 Off Market $144,000 -- --
10/17/2017 10/17/17 Sold $144,000 -0.7% $97 / Sq Ft View Prior Sale
09/14/2017 09/14/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $145,000 -- $97 / 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 $3,319 $47,620 $5,000 $42,620
2024 $3,319 $46,620 $5,000 $41,620
2023 $3,249 $42,100 $2,160 $39,940
2022 $2,650 $38,000 $2,160 $35,840
2021 $1,814 $25,960 $2,160 $23,800
2020 $1,720 $24,620 $2,160 $22,460
2019 $1,371 $23,680 $2,160 $21,520
2018 $554 $11,100 $0 $0
2017 $549 $11,000 $0 $0
2016 $549 $11,000 $0 $0
2015 $549 $11,000 $0 $0
2014 $532 $10,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21897647

ValleyMLS.com

APN: 16-04-20-1-001-005.000