NOT LISTED FOR SALE

111 Railway Ln SE Huntsville, AL 35803

Hobbs Island Neighborhood

Estimated Value: $791,000 - $1,091,000

6 Beds
4.5 Baths
6,209 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $628,000 $101 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,769/month

137 Days on Market

Highlights

  • Lake Front
  • Docks
  • Gated Community
  • Virgil Grissom High School Rated A-
  • Water Access
  • 2 Fireplaces

About This Home

As of February 2018

TENNESSEE RIVER FRONT HOME with 50' boat slip. 6209 sf. Gated water front community, City sewer and utilities including gas, cable TV and internet, KOI pond/dam/waterfall on lot. Gazebo, Pool, Lighthouse, Guest docks, Cart and walking paths, Yacht club membership, 6 brs, library, huge den, unbelievable master suite, 556 sf storm/wine cellar, 2 laundries, elevator ready, Gourmet Kitchen Wolf Sub Zero appliances, music throughout, security, cat5, central vac, and more. Architect's personal residence. Winner of 1st place, BLUE RIBBON AWARD 2002 Parade of Homes. No flood insurance is required.

Last Agent to Sell the Property

Forest Knowles

Taylorsville Realty License #43342 Listed on: 08/23/2017

Last Buyer's Agent

Forest Knowles

Taylorsville Realty License #43342 Listed on: 08/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,869

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 565 x 114 x 495 x 81
  • Home fronts a stream
  • Lake Front
  • River Front

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 6,209 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Bedroom in Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Water Access
  • Seawall
  • Docks

Schools

  • Challenger Elementary School
  • Grissom High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 2802040000001.009

Community Details

Overview

  • Great Bend Yacht Club Association
  • Great Bend At Butler Basn Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,869

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Living Area: 6209
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Lot Size: 565 x 114 x 495 x 81
  • Water Body Name: Tennessee River,Lake Guntersville,Lake Wheeler
  • Subdivision Name: Great Bend At Butler Basn
  • Architectural Style: See Remarks
  • New Construction: No
  • Property Attached Yn: No
  • RoomBedroom1Level: Basement
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log, Masonry, Factory Built, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 156
  • Room Bedroom4 Level: First
  • Room Bedroom3 Area: 156
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 195
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 41
  • Room Bedroom2 Level: Second
  • Room Master Bedroom Area: 861

Exterior Features

  • View: Water
  • Waterfront Features: River Front, Water Access, Stream, Seawall, Seawall Concrete, Waterfront, Dock, Lake/Pond, Stream/Creek
  • Waterfront: Yes
  • Foundation Details: See Remarks, Slab

Utilities

  • Heating: Central 2+, Natural Gas
  • Cooling: Central 2+
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: Great Bend Yacht Club
  • Association: Yes

Schools

  • Middle Or Junior School: Challenger

Lot Info

  • Parcel Number: 2802040000001.009
  • Lot Size Sq Ft: 42688.799999
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 11

MLS Schools

  • Elementary School: Challenger
  • High School: Grissom High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Mar 2, 2018
Sold by
Forest R Knowles
Bought by
Kapur Vaagisha
Seller's Agent
Forest Knowles
Taylorsville Realty
Buyer's Agent
Forest Knowles
Taylorsville Realty
List Price
$649,900
Sold Price
$628,000
Premium/Discount to List
-$21,900
-3.37%
Current Estimated Value
$963,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,130
Avg. Annual Appreciation
5.87%
Original Mortgage
$346,500
Outstanding Balance
$302,963
Interest Rate
4.43%
Estimated Equity
$664,897

Purchase Details

Closed on
Jul 22, 2013
Sold by
Trippe Larry Wesley
Bought by
Tripp Larry Wesley and Tripp Leslie Mechelle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kapur Vaagisha $628,000 --
Tripp Larry Wesley $1,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapur Vaagisha $346,500
Closed Kapur Vaagisha --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Off Market $628,000 -- --
02/02/2018 02/02/18 Sold $628,000 -3.4% $101 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
08/23/2017 08/23/17 For Sale $649,900 -- $105 / 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 $4,869 $84,780 $10,460 $74,320
2023 $4,869 $84,780 $10,460 $74,320
2022 $4,321 $75,320 $6,000 $69,320
2021 $3,896 $68,000 $6,000 $62,000
2020 $3,699 $64,600 $6,000 $58,600
2019 $3,569 $62,350 $6,000 $56,350
2018 $3,750 $65,480 $0 $0
2017 $3,750 $65,480 $0 $0
2016 $3,750 $65,480 $0 $0
2015 $3,750 $65,480 $0 $0
2014 $3,642 $63,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Forest Knowles

    Taylorsville Realty

    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1076884

ValleyMLS.com

APN: 28-02-04-0-000-001.009

Alabama Madison County Huntsville 35803 Hobbs Island

111 Railway Ln SE, Huntsville, AL

This home is located at 111 Railway Ln SE, Huntsville, AL 35803 since 23 August 2017 and is currently estimated at $963,130, approximately $155 per square foot. 111 Railway Ln SE is a home located in Madison County with nearby schools including Challenger Elementary School, Challenger Middle School, and Virgil Grissom High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2025 Valley MLS

Nearby Homes