NOT LISTED FOR SALE

120 Progress Ln Madison, AL 35758

Estimated Value: $324,343

3 Beds
2.5 Baths
1,869 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $195,000 $104 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,925/month

2 Days on Market

Highlights

  • No HOA
  • Two cooling system units
  • Gas Log Fireplace
  • Madison Elementary School Rated A+
  • Multiple Heating Units

About This Home

As of February 2019

Charmer in the heart of Madison is LOADED with updates & MOVE-IN READY! Grand natural lighting highlights gorgeous upgrades around every corner,from fresh paint, to new fixtures, smooth ceilings, beautiful HW floors,& new molding details in the DR. The immaculate kitchen wows with granite counters and a sunny breakfast room. A gas fireplace stuns in the great room with soaring vaulted ceiling, while a master suite featuring a bay window sitting area and jacuzzi tub offers total relaxation after a long day. A massive sunroom leads to a breathtaking back yard, complete with new landscaping & an adorable white picket fence. All of this can be yours in the top-rated Madison City school district!

Last Agent to Sell the Property

Karen Borden

Legend Realty License #81588 Listed on: 01/18/2019

Legend Realty

Last Buyer's Agent

Jeremy Jones

Legend Realty License #117571

Legend Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 73 x 145 x 73 x 145

Home Design

  • Slab Foundation

Interior Spaces

  • 1,869 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Madison Trace Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 010891603080003041.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,927

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Living Area: 1869
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 73 x 145 x 73 x 145
  • Subdivision Name: Madison Trace
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1989
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom3 Area: 208
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 182
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Room Kitchen Area: 128
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 234
  • Room Dining Room Area: 140

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 2, Electric, Natural Gas
  • Cooling: Central 2, Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 010891603080003041.000
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 36

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 14, 2019
Sold by
Utley Rhonda L
Bought by
Madison Scott Ethan Thomas and Madison Scott
Seller's Agent
Karen Borden
Legend Realty
Buyer's Agent
Jeremy Jones
Legend Realty
List Price
$192,500
Sold Price
$195,000
Premium/Discount to List
$2,500
1.3%
Current Estimated Value
$324,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,343
Avg. Annual Appreciation
8.23%
Original Mortgage
$185,250
Outstanding Balance
$163,196
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$163,308

Purchase Details

Listed on
Mar 31, 2013
Closed on
Aug 2, 2013
Sold by
Nichols Sue E
Bought by
Utley Rhonda L
Seller's Agent
Shannon Widner
Leading Edge, R.E. Group
Buyer's Agent
Katie Word
KW Huntsville Keller Williams
List Price
$165,000
Sold Price
$160,750
Premium/Discount to List
-$4,250
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$136,637
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Madison Scott Ethan Thomas $195,000 Adm Title Services Llc
Utley Rhonda L $160,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Scott Ethan Thomas $185,250
Previous Owner Utley Rhonda L $130,820
Previous Owner Utley Rhonda L $136,637
Previous Owner Nichols Sue E $131,675
Previous Owner Nichols Sue E $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Off Market $195,000 -- --
02/27/2019 02/27/19 Sold $195,000 +1.3% $104 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $192,500 +19.8% $103 / Sq Ft
11/03/2013 11/03/13 Off Market $160,750 -- --
08/02/2013 08/02/13 Sold $160,750 -2.6% $84 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
03/31/2013 03/31/13 For Sale $165,000 -- $86 / 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
2024 $1,927 $28,280 $3,620 $24,660
2023 $1,927 $27,300 $3,620 $23,680
2022 $1,644 $24,200 $3,620 $20,580
2021 $1,167 $17,340 $1,380 $15,960
2020 $1,105 $16,430 $1,370 $15,060
2019 $871 $15,790 $1,370 $14,420
2018 $820 $14,920 $0 $0
2017 $812 $14,780 $0 $0
2016 $812 $14,780 $0 $0
2015 $812 $14,780 $0 $0
2014 $792 $14,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1110225

ValleyMLS.com

APN: 16-03-08-0-003-041.000