NOT LISTED FOR SALE

116 Ketchum Way Madison, AL 35758

Estimated Value: $338,000 - $354,000

4 Beds
3 Baths
1,913 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $256,554 $134 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,088/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Two cooling system units
  • Madison Elementary School Rated A+
  • No HOA
  • Multiple Heating Units

About This Home

As of November 2020

Rare find in the heart of Madison! Beautifully remodeled 4 bedroom, 3 bath home features a large family room with vaulted ceiling and gas log fireplace, Eat in kitchen with granite and stainless appliances, spacious master bedroom with bay window and window seat, master bath with double vanities and walk in closet. A second bedroom is also on the main floor plus 2 large bedrooms and bath upstairs. Also includes a front porch, 12 x 12 screened porch, fenced backyard and mature trees. The chicken coup and chickens can remain, buyers choice. Deadline for offers is 9/21/20 at 5 pm.

Last Agent to Sell the Property

Bill Stewart

Stewart & Associates RE, LLC License #64053 Listed on: 09/17/2020

Last Buyer's Agent

Rachael McCuen

Re/Max Distinctive License #123357

Re/Max Distinctive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 73 x 152 x 73 x 150

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,913 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Utilities

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

Community Details

  • No Home Owners Association
  • Madison Trace Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0891603080003085.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Living Area: 1913
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 73 x 152 x 73 x 150
  • Subdivision Name: Madison Trace
  • Architectural Style: Cape Cod
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1989
  • RoomMasterBathroomLevel: First
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Area: 247
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 182
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 256
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Kitchen Area: 104
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 204
  • Room Dining Room Area: 168

Utilities

  • Heating: Central 2, Electric, Natural Gas
  • Cooling: Central 2
  • 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: 0891603080003085.000
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 9

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 6, 2020
Sold by
Hall Andrew and Bolin Alyssa
Bought by
Draper Jonathan and Draper Paisley
Seller's Agent
Bill Stewart
Stewart & Associates RE, LLC
Buyer's Agent
Rachael McCuen
Re/Max Distinctive
List Price
$244,900
Sold Price
$256,554
Premium/Discount to List
$11,654
4.76%
Current Estimated Value
$346,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,175
Avg. Annual Appreciation
6.54%
Original Mortgage
$202,721
Outstanding Balance
$181,214
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$165,353

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 17, 2018
Sold by
Davis William J and Burger Lynn Marie Davis
Bought by
Hall Andrew and Bolin Alyssa
Seller's Agent
Pat Glenn
Legend Realty Madison, LLC
Buyer's Agent
Bill Stewart
Stewart & Associates RE, LLC
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$159,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Leak Mary M and Davis Marie L
Bought by
Davis Marie L and Davis William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,975
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2006
Sold by
Leak Mary M and Davis Marie L
Bought by
Leak Mary M and Davis Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Draper Jonathan $256,554 None Available
Hall Andrew $199,900 None Available
Davis Marie L -- --
Leak Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Jonathan $202,721
Previous Owner Hall Andrew $158,722
Previous Owner Hall Andrew $159,920
Previous Owner Davis Marie L $163,975
Previous Owner Leak Mary M $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2021 02/07/21 Off Market $256,554 -- --
11/06/2020 11/06/20 Sold $256,554 +4.8% $134 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $244,900 +22.5% $128 / Sq Ft
11/14/2018 11/14/18 Off Market $199,900 -- --
08/15/2018 08/15/18 Sold $199,900 0.0% $106 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $199,900 0.0% $106 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/10/2018 06/10/18 Price Changed $199,900 -2.0% $106 / Sq Ft
05/10/2018 05/10/18 For Sale $204,000 -- $109 / 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 $2,283 $32,700 $3,660 $29,040
2023 $2,283 $63,020 $7,300 $55,720
2022 $3,886 $55,740 $7,300 $48,440
2021 $1,277 $18,920 $1,400 $17,520
2020 $1,209 $17,930 $1,390 $16,540
2019 $953 $17,230 $1,390 $15,840
2018 $816 $16,240 $0 $0
2017 $809 $16,100 $0 $0
2016 $809 $16,100 $0 $0
2015 $809 $16,100 $0 $0
2014 $788 $15,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Stewart

    Seller's Agent in 2020

    Bill Stewart

    Stewart & Associates RE, LLC

    (256) 337-8609

    13 in this area

    82 Total Sales

    Section Image
  • Rachael McCuen

    Buyer's Agent in 2020

    Rachael McCuen

    RE/MAX

    (256) 679-4356

    5 in this area

    89 Total Sales

    Section Image

  • P

    Seller's Agent in 2018

    Pat Glenn

    Legend Realty Madison, LLC

    (256) 337-7777

    30 in this area

    71 Total Sales

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Map

Source: ValleyMLS.com

MLS Number: 1153163

ValleyMLS.com

APN: 16-03-08-0-003-085.000

Alabama Madison County Madison 35758

116 Ketchum Way, Madison, AL

This home is located at 116 Ketchum Way, Madison, AL 35758 since 17 September 2020 and is currently estimated at $346,567, approximately $181 per square foot. This property was built in 1989. 116 Ketchum Way is a home located in Madison County with nearby schools including Madison Elementary School, Liberty Middle School, and James Clemens High School.

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