NOT LISTED FOR SALE

118 Progress Ln Madison, AL 35758

Estimated Value: $238,000 - $315,000

3 Beds
2.5 Baths
1,850 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2021

Last sale price $255,000 $138 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,804 / mo

5 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Three Sided Brick Exterior Elevation
  • Madison Elementary School Rated A+
  • Two cooling system units
  • Multiple Heating Units

About This Home

As of October 2021

Beautiful two story with wonderful layout. Hardwood floors and open stairway in foyer. Great room opens to breakfast area and kitchen. Master bedroom downstairs. Patio/deck overlooks private backyard which adjoins pastureland and has a 10x10 vinyl/wood storage shed. Located close to Town of Madison

Last Agent to Sell the Property

David Hendrix

North Alabama R. E. Group, LLC License #77442 Listed on: 09/03/2021

Last Buyer's Agent

David Hendrix

North Alabama R. E. Group, LLC License #77442 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 145 x 75

Home Design

  • Slab Foundation
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Liberty Elementary School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • Madison Trace Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 1603080003042000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0.25 Acres

Listing Details

  • Living Area: 1850
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 145 x 75
  • Subdivision Name: Madison Trace
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Construction Type: ¾ Brick
  • Foundation Details: Slab

Utilities

  • Heating: Central 2
  • 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: 1603080003042000
  • Lot Size Sq Ft: 10890

Green Features

Tax Info

  • Tax Lot: 37

MLS Schools

  • Elementary School: Heritage
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 8, 2021
Sold by
Skidmore Ranice T
Bought by
Bao Yeqing and Chen Ying
Seller's Agent
David Hendrix
North Alabama R. E. Group, LLC
Buyer's Agent
David Hendrix
North Alabama R. E. Group, LLC
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$280,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,398
Avg. Annual Appreciation
2.11%
Original Mortgage
$191,250
Outstanding Balance
$173,643
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,755

Purchase Details

Closed on
Dec 2, 2009
Sold by
Skidmore Robert M and Skidmore Ranice T
Bought by
The Sane Trust

Purchase Details

Closed on
Oct 1, 2009
Sold by
Skidmore Robert M and Skidmore Ranice T
Bought by
Skidmore Robert M and Skidmore Ranice T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bao Yeqing -- Priority Title & Escrow
The Sane Trust -- --
Skidmore Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Yeqing $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2026 02/09/26 Off Market $255,000 -- --
10/20/2021 10/20/21 Sold $255,000 0.0% $138 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $255,000 -- $138 / 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 $3,682 $50,700 $7,220 $43,480
2024 $3,682 $60,100 $7,220 $52,880
2023 $4,189 $57,960 $7,220 $50,740
2022 $3,579 $51,320 $7,220 $44,100
2021 $2,579 $36,940 $2,740 $34,200
2020 $2,446 $17,510 $1,370 $16,140
2019 $1,947 $16,830 $1,370 $15,460
2018 $1,828 $31,580 $0 $0
2017 $1,812 $31,300 $0 $0
2016 $1,812 $31,300 $0 $0
2015 $1,812 $31,300 $0 $0
2014 $1,777 $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Hendrix

    Seller's Agent in 2021

    David Hendrix

    North Alabama R. E. Group, LLC

    (256) 656-1143

    6 in this area

    54 Total Sales

    David Hendrix
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Map

Source: ValleyMLS.com

MLS Number: 1790245

ValleyMLS.com

APN: 16-03-08-0-003-042.000

Alabama Madison County Madison 35758

118 Progress Ln, Madison, AL

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