NOT LISTED FOR SALE

116 Gimlet Dr Madison, AL 35756

Estimated Value: $382,000 - $413,885

4 Beds
2 Baths
2,133 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2022

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

Est. 4% increase in value since last sale

Current estimated payment $2,613 / mo

Highlights

  • Living Room
  • Laundry Room
  • Gas Log Fireplace
  • Rainbow Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of September 2023

Several builder upgrades in this 4 bedroom corner lot home in Madison City schools. Wood floors throughout the living area and kitchen. Kitchen features granite countertops, farm sink, subway tile backsplash and a large pantry. This home was built with the deluxe trim package and additional recessed lighting. Gas range, central heat, fireplace and water heater. Ceiling fans in all bedrooms. ADT security system.

Last Agent to Rent the Property

Damon Cummings

Custom Property Management License #105335 Listed on: 08/29/2023

Last Renter's Agent

Damon Cummings

Custom Property Management License #105335 Listed on: 08/29/2023

Home Details

Home Type

  • Single Family

Year Built

  • 2019

Lot Details

  • 0.3

HOA Fees

  • $17 per month

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Additional Features

  • 13,068 Sq Ft 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

0.3 Acres

HOA Fees

$17 per month

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
  • New Construction: No
  • 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
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 4, Laundry

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Garage-Two Car

Utilities

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

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Lot Size Sq Ft: 13068

Green Features

Tax Info

  • 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
$400,221

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Dsld Homes Llc
Bought by
Iyog Andrew John Valencia and Iyog Kathryn Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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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
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
02/09/2026 02/09/26 Off Market $385,000 -- --
02/10/2025 02/10/25 Off Market $2,200 -- --
09/08/2023 09/08/23 Rented $2,200 0.0% --
08/29/2023 08/29/23 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 -- $188 / Sq Ft
Source: ValleyMLS.com

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: 21842305

ValleyMLS.com

APN: 1701020000007012

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