NOT LISTED FOR SALE

111 Walking Trail Way Madison, AL 35758

Estimated Value: $423,216 - $497,000

4 Beds
3 Baths
2,472 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $263,500 $107 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,709/month

228 Days on Market

Highlights

  • Under Construction
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Madison Elementary School Rated A+
  • Home Energy Rating Service (HERS) Rated Property
  • 1-minute walk to Palmer Park

About This Home

As of September 2016

Become a part of Palmer Place! This elegant new home boasts two living spaces, four bedrooms, and enormous kitchen island, perfect for entertaining and plenty of space for family and guests. The kitchen is the showcase of this house with beautiful granite, tile backsplash and stainless appliances with gas cook range. Carrier air units with straight gas heat system. In this timeless design, you can enjoy the luxurious feel of the master spa bath where walk-in tiled shower sits behind the soaking tub with granite surround. FINAL OPPORTUNITY TO OWN A BRAND NEW HOME IN PALMER PLACE~! Seller pays $5000 toward closing

Last Agent to Sell the Property

Heather Vader

ALA-TENN Realty, Inc. License #93637 Listed on: 01/22/2016

Last Buyer's Agent

Natsuki Whisenant

A.H. Sothebys Int. Realty License #100776

A.H. Sothebys Int. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 8,102

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation

Interior Spaces

  • 2,472 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Separate Shower

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Utilities

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

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Lot Dimensions are 60 x 135

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 1604180000007106

Community Details

Overview

  • Palmer Place HOA
  • Built by SIGNATURE HOMES
  • Palmer Place Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 2016 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Living Area: 2472
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60 x 135
  • Subdivision Name: Palmer Place
  • Architectural Style: Bungalow/Craftsman
  • New Construction: Yes
  • Property Attached Yn: No
  • Year Built: 2016
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Gas Oven, Microwave, Range
  • Levels: Two
  • Accessibility Features: Stall Shower
  • Full Bathrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Interior Amenities: Low Flow Plumbing Fixtures
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 180
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 168
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 14
  • Room Family Room Area: 210
  • Room Bedroom2 Level: First
  • Room Family Room Level: Second
  • Room Living Room Area: 288
  • Room Kitchen Area: 204
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 210
  • Room Dining Room Area: 180

Exterior Features

  • Builder Name: SIGNATURE HOMES
  • Foundation Details: Slab
  • Property Condition: Under Construction

Utilities

  • Heating: Central 2, Gas(n/a use NGas or PGas)
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Common Grounds
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: Palmer Place HOA
  • Association: Yes

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 1604180000007106
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Tax Info

  • Tax Lot: 54

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Hicks Brian
Bought by
Corum Thomas
Current Estimated Value
$471,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Outstanding Balance
$252,659
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$219,145

Purchase Details

Listed on
Jan 22, 2016
Closed on
Sep 28, 2016
Sold by
Nsh
Bought by
Hicks Brian and Hicks Kay
Seller's Agent
Heather Vader
ALA-TENN Realty, Inc.
Buyer's Agent
Natsuki Whisenant
A.H. Sothebys Int. Realty
List Price
$260,000
Sold Price
$263,500
Premium/Discount to List
$3,500
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$210,800
Interest Rate
3.48%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Corum Thomas $317,500 None Available
Hicks Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corum Thomas $285,750
Previous Owner Hicks Brian $210,800
Previous Owner Hicks Brian --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Off Market $263,500 -- --
09/27/2016 09/27/16 Sold $263,500 +1.3% $107 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $260,000 -- $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 $2,286 $33,440 $4,000 $29,440
2023 $2,286 $32,860 $4,000 $28,860
2022 $2,155 $31,560 $4,000 $27,560
2021 $1,991 $29,200 $4,000 $25,200
2020 $1,766 $25,960 $4,000 $21,960
2019 $1,455 $25,960 $4,000 $21,960
2018 $1,457 $26,000 $0 $0
2017 $1,457 $26,000 $0 $0
2016 $345 $6,000 $0 $0
2015 $345 $6,000 $0 $0
2014 $345 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1036999

ValleyMLS.com

APN: 16-04-18-0-000-007.106