NOT LISTED FOR SALE

115 McDermotts Way Madison, AL 35758

Estimated Value: $298,000 - $317,485

3 Beds
2 Baths
1,535 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $210,000 $137 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,820/month

2 Days on Market

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Central Heating and Cooling System
  • Discovery Middle School Rated A
  • No HOA

About This Home

As of April 2020

Just Listed!!! Charming home in Madison's Bob Jones school District:-) This surprisingly spacious 3 bdrm / 2 bath home boasts an open floor plan with vaulted ceilings and a fireplace in your family room. Large pass through allows you to enjoy the entire crew from kitchen. Relax in the large privately fenced back yard from your covered patio rain or shine. With high quality laminate flooring throughout, tiled kitchen and baths, and built ins in the living area, you will need to do nothing but move in. This one will not last long!

Last Agent to Sell the Property

Monica Evans

KW Huntsville Keller Williams License #119148 Listed on: 03/21/2020

KW Huntsville Keller Williams

Last Buyer's Agent

Erin Cornelius

Revolved Realty License #104574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1993

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75 x 180

Home Design

  • Slab Foundation

Interior Spaces

  • 1,535 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Liberty Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Colinwood Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 1603051003090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Living Area: 1535
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 75 x 180
  • Subdivision Name: Colinwood Estates
  • Architectural Style: Open Floor Plan, Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1993
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom3 Area: 130
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 238
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 140
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 192
  • Room Dining Room Area: 100

Exterior Features

  • Foundation Details: Slab

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 1603051003090000
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 6

MLS Schools

  • Elementary School: West Madison Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Apr 30, 2020
Sold by
Frisby Katherine and Frisby Paul
Bought by
Whetstone Jordan Elizabeth and Head Jonathan David
Seller's Agent
Monica Evans
KW Huntsville Keller Williams
Buyer's Agent
Erin Cornelius
Revolved Realty
List Price
$195,000
Sold Price
$210,000
Premium/Discount to List
$15,000
7.69%
Current Estimated Value
$315,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,043
Avg. Annual Appreciation
7.42%
Original Mortgage
$190,000
Outstanding Balance
$169,303
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$142,068

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 5, 2019
Sold by
Bridwell Jennifer and Carter Jennifer
Bought by
Barrett Katherine M
Seller's Agent
Brenda Hinshaw
Covington & Company, Inc.
Buyer's Agent
Monica Evans
KW Huntsville Keller Williams
List Price
$173,500
Sold Price
$175,900
Premium/Discount to List
$2,400
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$5,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Second
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
Whetstone Jordan Elizabeth $210,000 None Available
Barrett Katherine M $175,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whetstone Jordan Elizabeth $190,000
Previous Owner Barrett Katherine M $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Off Market $210,000 -- --
04/30/2020 04/30/20 Sold $210,000 +7.7% $137 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $195,000 +10.9% $127 / Sq Ft
07/08/2019 07/08/19 Off Market $175,900 -- --
04/05/2019 04/05/19 Sold $175,900 +1.4% $121 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $173,500 -- $119 / 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 $2,053 $29,500 $6,000 $23,500
2023 $2,012 $28,560 $6,000 $22,560
2022 $1,649 $24,280 $4,040 $20,240
2021 $1,412 $20,860 $2,780 $18,080
2020 $1,056 $15,720 $2,010 $13,710
2019 $834 $15,140 $2,010 $13,130
2018 $782 $14,260 $0 $0
2017 $776 $14,160 $0 $0
2016 $776 $14,160 $0 $0
2015 $776 $14,160 $0 $0
2014 $756 $13,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Evans

    Seller's Agent in 2020

    Monica Evans

    KW Huntsville Keller Williams

    (256) 797-9995

    12 in this area

    147 Total Sales

    Monica Evans
    Section Image

  • E

    Buyer's Agent in 2020

    Erin Cornelius

    Revolved Realty

    Section Image
  • Brenda Hinshaw

    Seller's Agent in 2019

    Brenda Hinshaw

    Covington & Company, Inc.

    (256) 213-6887

    133 in this area

    188 Total Sales

    Brenda Hinshaw
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1139665

ValleyMLS.com

APN: 16-03-05-1-003-090.000

Alabama Madison County Madison 35758

115 McDermotts Way, Madison, AL

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