116 Summer Trace Ln Madison, AL 35757
Monrovia NeighborhoodEstimated Value: $499,000 - $585,000
4
Beds
4
Baths
3,600
Sq Ft
$153/Sq Ft
Est. Value
About This Home
This home is located at 116 Summer Trace Ln, Madison, AL 35757 and is currently estimated at $550,944, approximately $153 per square foot. 116 Summer Trace Ln is a home located in Madison County with nearby schools including Legacy Elementary School, Monrovia Middle School, and Sparkman High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2011
Sold by
Aug Anthony E and Aug Tifani C
Bought by
Moorhead James L and Moorhead Sharon S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$7,090
Interest Rate
4.76%
Mortgage Type
New Conventional
Estimated Equity
$543,854
Purchase Details
Closed on
Dec 21, 2007
Sold by
Jeff Benton Homes Inc
Bought by
Aug Anthony E and Aug Tifani C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.22%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moorhead James L | -- | -- | |
| Aug Anthony E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moorhead James L | $230,000 | |
| Closed | Aug Anthony E | $255,000 |
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 | $1,502 | $51,740 | $9,500 | $42,240 |
| 2024 | $1,427 | $49,260 | $9,500 | $39,760 |
| 2023 | $1,427 | $50,740 | $9,500 | $41,240 |
| 2022 | $1,525 | $43,680 | $7,000 | $36,680 |
| 2021 | $1,442 | $41,180 | $4,500 | $36,680 |
| 2020 | $1,297 | $37,220 | $4,500 | $32,720 |
| 2019 | $1,256 | $36,090 | $4,500 | $31,590 |
| 2018 | $1,185 | $34,140 | $0 | $0 |
| 2017 | $1,185 | $34,140 | $0 | $0 |
| 2016 | $1,185 | $34,140 | $0 | $0 |
| 2015 | $1,185 | $34,140 | $0 | $0 |
| 2014 | $1,166 | $33,620 | $0 | $0 |
Source: Public Records
Map
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