$309,823 - $335,000
RENTED JUN 18, 2025

115 Markum Ln Madison, AL 35758

4 Beds
2 Baths
1,799 Sq Ft
$179 Price per Sq Ft

Last Sold October 01, 2021

Last sale price $272,000 $151 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,021/month

Highlights

  • Double Pane Windows
  • Three Sided Brick Exterior Elevation
  • Privacy Fence
  • Discovery Middle School Rated A
  • Central Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of June 2025

This backyard is a peaceful & amazing private oasis that has a wooded lot. Updated home move that's in ready with Madison Schools. Kitchen has new granite counters, new kitchen faucet, & new stainless appliance package including Fridge. Master glamour bath has new tile shower, new lighting, new hardware, new door handles & entire home has been freshly paint. The foyer, hallways & exterior also have new updated lighting. No carpet in the entire home since the home features all laminate hardwood through out. Pets are case by case under 25 pounds. Close to Highway 72, I 565, Town Madison, Bridge Street, Research Park, & Redstone Arsenal base

Last Agent to Rent the Property

Bob Brooks

Kendall James Realty License #19629 Listed on: 06/16/2025

Co-Listed By

John Brooks

Capstone Realty LLC Huntsville License #74782

Last Renter's Agent

Bob Brooks

Kendall James Realty License #19629 Listed on: 06/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence

Home Design

  • Slab Foundation
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,799 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Collinwood Estates Subdivision

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,399

Year Built

Built in 1994

Lot Details

0

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Living Area: 1799
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: 120702
  • Subdivision Name: Collinwood Estates
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 144
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 144
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: First
  • Room Living Room Area: 304
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 224
  • Room Dining Room Area: 144

Exterior Features

  • Fencing: Privacy
  • Construction Type: ¾ Brick
  • Exterior Features: Curb/Gutters, Drive-Concrete, Park Near By, Sidewalk, Treed Lot, Undgrnd Util
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Lot Size Sq Ft: 10018.8

Green Features

Tax Info

  • Tax Lot: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Oct 1, 2021
Sold by
Gray Myra Jean
Bought by
Matsushima Joseph H
Seller's Agent
John Brooks
Capstone Realty LLC Huntsville
Buyer's Agent
John Brooks
Capstone Realty LLC Huntsville
Sold Price
$1,900
Current Estimated Value
$321,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,556
Avg. Annual Appreciation
4.12%
Original Mortgage
$204,000
Outstanding Balance
$186,432
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$132,489
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
Matsushima Joseph H $272,000 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsushima Joseph H $204,000
Previous Owner Bray W E $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Rented $1,900 0.0% --
06/16/2025 06/16/25 For Rent $1,900 0.0% --
11/27/2021 11/27/21 Rented $1,900 -2.6% --
11/18/2021 11/18/21 For Rent $1,950 0.0% --
10/01/2021 10/01/21 Sold $272,000 +6.7% $153 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $255,000 -- $143 / 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 $3,399 $48,760 $12,000 $36,760
2023 $3,399 $47,280 $12,000 $35,280
2022 $2,715 $38,920 $7,820 $31,100
2021 $0 $17,380 $2,700 $14,680
2020 $0 $15,800 $1,950 $13,850
2019 $0 $15,210 $1,950 $13,260
2018 $0 $14,460 $0 $0
2017 $0 $14,340 $0 $0
2016 $0 $14,340 $0 $0
2015 -- $14,340 $0 $0
2014 -- $14,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 21891843

ValleyMLS.com

APN: 16-03-05-1-004-055.000