NOT LISTED FOR SALE

116 Gimlet Dr Madison, AL 35756

Estimated Value: $382,000 - $420,000

4 Beds
2 Baths
2,133 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $385,000 $180 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,576/month

Highlights

  • Central Heating and Cooling System
  • 2 Car Garage
  • Gas Log Fireplace
  • Rainbow Elementary School Rated A

About This Home

As of December 2022

Beautiful 4 bedroom, 2 bath home. This home is only 3 years old. It has all new paint and carpet throughout. Hardwoods cover all other living areas. Open floor plan with a large kitchen island. Gorgeous crown molding. Isolated primary bedroom. It sits on large corner lot. Fenced backyard and covered patio. Madison City Schools. Convenient to shopping and entertainment.

Last Agent to Rent the Property

Damon Cummings

Custom Property Management License #105335 Listed on: 12/09/2022

Last Renter's Agent

Damon Cummings

Custom Property Management License #105335 Listed on: 12/09/2022

Home Details

Home Type

  • Single Family

Year Built

  • 2019

Lot Details

  • 0.3

Parking

  • 2 Car Garage

Interior Spaces

  • 2,133 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Additional Features

  • 0.3 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Natures Trail Subdivision

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Tax Lot 9

Home Details

Home Type

Single Family

Year Built

2019

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Living Area: 2133
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.3
  • Subdivision Name: Natures Trail
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: First
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: See Remarks

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Rainbow Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Smb Land Llc
Bought by
Stone Martin Builders Llc
Current Estimated Value
$406,062

Purchase Details

Listed on
Dec 9, 2022
Closed on
Nov 10, 2022
Sold by
Iyog Kathryn D and Iyog Andrew J
Bought by
Cummings Capital Llc
Seller's Agent
Damon Cummings
Custom Property Management
Buyer's Agent
Damon Cummings
Custom Property Management
Sold Price
$2,200
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%

Purchase Details

Listed on
Apr 22, 2019
Closed on
Oct 18, 2019
Sold by
Dsld Homes Llc
Bought by
Iyog Andrew John Valencia and Iyog Kathryn Diane
Seller's Agent
Kenny Miller
Insight Alabama Real Estate
Buyer's Agent
Kenny Miller
Insight Alabama Real Estate
List Price
$272,410
Sold Price
$272,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$281,399
Interest Rate
3.7%
Mortgage Type
VA
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
Stone Martin Builders Llc $90,000 Attorney Only
Cummings Capital Llc $385,000 Attorney Only
Iyog Andrew John Valencia $272,410 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iyog Andrew John Valencia $281,399
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Rented $2,200 0.0% --
12/09/2022 12/09/22 For Rent $2,200 0.0% --
11/10/2022 11/10/22 Sold $385,000 -1.3% $180 / Sq Ft View Prior Sale
10/10/2022 10/10/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $390,000 -2.5% $183 / Sq Ft
09/29/2022 09/29/22 For Sale $400,000 +46.8% $188 / Sq Ft
01/19/2020 01/19/20 Off Market $272,410 -- --
10/18/2019 10/18/19 Sold $272,410 0.0% $128 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $272,410 -- $128 / 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 $5,691 $78,860 $0 $0
2024 $5,691 $77,060 $0 $0
2023 $5,561 $36,780 $0 $0
2022 $2,274 $31,440 $0 $0
2021 $2,046 $28,280 $0 $0
2020 $3,722 $51,520 $0 $0
2019 $720 $12,000 $0 $0
2018 $720 $12,000 $0 $0
2017 $720 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1824203

ValleyMLS.com

APN: 1701020000007012