NOT LISTED FOR SALE

116 Martin St Madison, AL 35758

Estimated Value: $424,172 - $547,000

3 Beds
1.5 Baths
1,915 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $140,000 $73 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $2,747/month

161 Days on Market

Highlights

  • 1.15 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Madison Elementary School Rated A+
  • 2 Fireplaces
  • 5-minute walk to Madison Gazebo

About This Home

As of April 2012

Charming circa 1880 home on heavily wooded lot in historic downtown Madison. Large covered porch w/ swing on front. Living room, bedroom showcase original wood slat walls and ceilings. Pine hardwoods. Home was expanded in 1935. Large deck on back for enjoying the country in the city. 1 yr home warranty included.

Last Agent to Sell the Property

LePage Owens

Market Group Real Estate License #86068 Listed on: 10/12/2011

Last Buyer's Agent

Courtney Bailey

Van Valkenburgh & Wilkinson Pr License #73892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Lot Details

  • 1.15 Acre Lot
  • Historic Home

Interior Spaces

  • 1,915 Sq Ft Home
  • 2 Fireplaces
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Well

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1605160002003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Lot Details

0

Listing Details

  • Living Area: 1915
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Subdivision Name: Historic District
  • Property Attached Yn: No
  • Structure Type: Historic
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Range
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: See Remarks, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom 1 Level: First

Exterior Features

  • Property Condition: Unknown

Utilities

  • Heating: Central 1, Gas(n/a use NGas or PGas)
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1605160002003000
  • Lot Size Sq Ft: 50093.999999
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: N/A

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2014
Sold by
Bailey Courtney L
Bought by
Bailey James R
Current Estimated Value
$495,043

Purchase Details

Listed on
Oct 12, 2011
Closed on
Apr 20, 2012
Sold by
Ralph April
Bought by
Bailey James R and Bailey Courtney L
Seller's Agent
LePage Owens
Market Group Real Estate
Buyer's Agent
Courtney Bailey
Van Valkenburgh & Wilkinson Pr
List Price
$170,000
Sold Price
$140,000
Premium/Discount to List
-$30,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$126,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Brewer Robin Hall
Bought by
Ralph April
Source: Public Records

Range of Values:

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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
Bailey James R $185,100 None Available
Bailey James R -- None Available
Ralph April -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailey James R $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2012 07/22/12 Off Market $140,000 -- --
04/20/2012 04/20/12 Sold $140,000 -17.6% $73 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $170,000 -- $89 / 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 $1,661 $24,440 $6,260 $18,180
2024 $1,661 $23,140 $6,260 $16,880
2023 $1,570 $23,140 $6,260 $16,880
2022 $1,415 $20,900 $6,260 $14,640
2021 $1,339 $19,820 $6,260 $13,560
2020 $1,306 $19,330 $5,780 $13,550
2019 $1,074 $19,330 $5,780 $13,550
2018 $1,065 $19,180 $0 $0
2017 $1,065 $19,180 $0 $0
2016 $1,065 $19,180 $0 $0
2015 $1,065 $19,180 $0 $0
2014 $1,017 $18,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 645147

ValleyMLS.com

APN: 16-05-16-0-002-033.000