$280,000
SOLD MAR 24, 2025

116 Progress Ln Madison, AL 35758

3 Beds
2 Baths
1,465 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Property is near park
  • 1 Fireplace
  • 2 Car Attached Garage
  • Madison Elementary School Rated A+
  • No HOA
  • Landscaped with Trees

About This Home

As of March 2025

NEW HVAC/Ductwork, NEW RANGE IN KITCHEN, NEW WATER HEATER IN THIS ONE LEVEL HOME WITH MADISON SCHOOLS. QUIET AND ESTABLISHED NEIGHBORHOOD CLOSE TO SHOPPING, COFFEE SHOPS, RESTAURANTS, AND A GREAT PARK JUST AROUND THE CORNER. ALL FLOORS ARE LVP WITH EAT IN KITCHEN, DR OR OFFICE SPACE JUST OFF LR. THREE BEDROOMS AND GARDEN TUB IN MASTER BATH. WALK IN CLOSET. FIREPLACE WITH GAS LOGS. COVERED REAR PORCH AND PRIVACY FENCE IN BACK YARD.

Last Agent to Sell the Property

Sandra Vann

Legend Realty License #30908 Listed on: 02/01/2025

Legend Realty

Last Buyer's Agent

Sandra Vann

Legend Realty License #30908 Listed on: 02/01/2025

Legend Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Landscaped with Trees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,465 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near park

Schools

  • Journey Middle Elementary School
  • Jamesclemens High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Madison Trace Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 1603080003043000

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Living Area: 1465
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 70 x 140
  • Subdivision Name: Madison Trace
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1990
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Disposal
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Pool Private: No
  • Exterior Features: Treed Lot, Curb/Gutters, Sidewalk, Undgrnd Util, Park Near By, Drive-Concrete
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Garage-Two Car, Garage-Attached, Garage Door Opener, Driveway-Concrete

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Schools

  • Middle Or Junior School: Journey Middle School

Lot Info

  • Parcel Number: 1603080003043000
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 38

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Rodman Charles W
Bought by
Fanning Jamie A Godfrey and Fanning Mark William
Current Estimated Value
$283,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,030
Outstanding Balance
$91,895
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$191,535
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $121,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,030 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2025 03/24/25 Sold $280,000 -5.1% $191 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/10/2025 02/10/25 Off Market $294,900 -- --
02/01/2025 02/01/25 For Sale $294,900 -- $201 / 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 $1,590 $23,420 $3,620 $19,800
2024 $1,590 $22,940 $3,620 $19,320
2023 $1,556 $22,160 $3,620 $18,540
2022 $1,334 $19,740 $3,620 $16,120
2021 $927 $13,880 $1,380 $12,500
2020 $878 $13,170 $1,370 $11,800
2019 $691 $12,670 $1,370 $11,300
2018 $651 $11,980 $0 $0
2017 $645 $11,880 $0 $0
2016 $645 $11,880 $0 $0
2015 $645 $11,880 $0 $0
2014 $627 $11,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Vann

    Seller's Agent in 2025

    Sandra Vann

    Legend Realty

    (256) 679-6628

    3 in this area

    57 Total Sales

    Sandra Vann
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 21880014

ValleyMLS.com

APN: 16-03-08-0-003-043.000

Alabama Madison County Madison 35758

116 Progress Ln, Madison, AL

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2026 Valley MLS

Nearby Homes