NOT LISTED FOR SALE

116 Progress Ln Madison, AL 35758

Madison Area

Estimated Value: $268,670

3 Beds
2 Baths
1,465 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2025

Last sale price $280,000 $191 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,650 / mo

25 Days on Market

Highlights

  • Property is near park
  • 1 Fireplace
  • 2 Car Attached Garage
  • Liberty Middle School Rated A
  • No HOA
  • Living Room

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

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 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

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,465 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room

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

  • Madison Elementary School
  • Journey Middle 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

10,454 Sq Ft Lot

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
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Disposal, Microwave
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen

Exterior Features

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

Garage/Parking

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

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

Green Features

Tax Info

  • Tax Lot: 38

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Jamesclemens

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 24, 2025
Sold by
Godfrey Fanning Jamie A and Fanning Mark William
Bought by
Seller's Agent
Sandra Vann
Legend Realty
Buyer's Agent
Sandra Vann
Legend Realty
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%
Views
31
Current Estimated Value
$268,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,330
Avg. Annual Appreciation
-2.75%
Original Mortgage
$202,000
Outstanding Balance
$189,756
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$78,914

Purchase Details

Closed on
Mar 30, 2016
Sold by
Rodman Charles W
Bought by
Fanning Jamie A Godfrey and Fanning Mark William

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
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, AL

  • Ada Handley Real Estate Agent - Capstone Realty LLC Huntsville

    Ada Handley

    Capstone Realty LLC Huntsville

    (334) 697-8252

    79 Total Sales

    3 in Madison

    $415K - $849K Price Range

    Ada Handley
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  • Kristan Stanton Real Estate Agent - RE/MAX Unlimited

    Kristan Stanton

    RE/MAX Unlimited

    (256) 973-9857

    128 Total Sales

    10 in Madison

    $185K - $411K Price Range

    Kristan Stanton
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  • Grant Linhart Real Estate Agent - Southern Harbor Properties

    Grant Linhart

    Southern Harbor Properties

    (888) 443-1569

    119 Total Sales

    5 in Madison

    $250K - $358K Price Range

    Grant Linhart
     Section Image
  • Patricia Kruse Real Estate Agent - Keller Williams Realty Madison

    Patricia Kruse

    Keller Williams Realty Madison

    (938) 666-5172

    64 Total Sales

    8 in Madison

    $260K - $679K Price Range

    Patricia Kruse
     Section Image
  • Trenten Hammond Real Estate Agent - South Towne Realtors, LLC

    Trenten Hammond

    South Towne Realtors, LLC

    (256) 727-5387

    691 Total Sales

    2 in Madison

    $370K - $500K Price Range

    Trenten Hammond
     Section Image
  • Penny Fields Real Estate Agent - Capstone Realty LLC Huntsville

    Penny Fields

    Capstone Realty LLC Huntsville

    (256) 482-0437

    20 Total Sales

    3 in Madison

    $250K - $340K Price Range

    Penny Fields
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 None Listed On Document
Fanning Jamie A Godfrey $121,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $202,000
Previous Owner Fanning Jamie A Godfrey $118,030
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 Off Market $280,000 -- --
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Legend Realty

    Seller's Agent in 2025

    Sandra Vann

    Legend Realty

    (256) 679-6628

    92 Total Sales

    Sandra Vann
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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

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