NOT LISTED FOR SALE

120 Spinnaker Cir Madison, AL 35758

Edgewater Neighborhood

Estimated Value: $507,000 - $579,000

4 Beds
2.5 Baths
3,055 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2023

Last sale price $550,000 $180 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,345 / mo

10 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Breakfast Room
  • Horizon Elementary School Rated A+
  • Home Office
  • Two cooling system units

About This Home

As of October 2023

Show-stopping home in Edwater's Spinnaker Ridge! There is no detail too small in this exquisite home. As you walk into the foyer you can feel the warmth the soaring ceilings and abundance of natural light offers. Granite countertops, stainless steel appliances, arched windows, and an open concept kitchen has the space you dream of for entertaining guests. The large master bedroom complete with ensuite bath has a beautifully tiled shower and separate tub. The hardwoods throughout the downstairs are gorgeous! Enjoy your own personal oasis in the meticulously manicured backyard with a spacious deck and gleaming in-ground pool. Too many perks to list, you will want to see this beautiful home!

Last Agent to Sell the Property

Karen Morris

Down Home Real Estate License #103805 Listed on: 08/16/2023

Co-Listed By

Audra Morris

Down Home Real Estate License #103895

Last Buyer's Agent

Beth Medley

KW Huntsville License #121329

KW Huntsville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 109 x 140 x 140 x 133

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,055 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Horizon Elementary School
  • Journey Middle School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Water Heater

Community Details

  • Edgewater Association
  • Spinnaker Ridge Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1605220002009.000

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0 Sq Ft Lot

HOA Fees

$42 per month

Listing Details

  • Living Area: 3055
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 109 x 140 x 140 x 133
  • Subdivision Name: Spinnaker Ridge
  • Architectural Style: Traditional, Open Floor Plan
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Microwave, Refrigerator
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Bedroom 4, Family Room, Breakfast, Office/Study

Exterior Features

  • Construction Type: ¾ Brick

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 Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Edgewater
  • Association: Yes

Schools

  • Middle Or Junior School: Journey Middle School

Lot Info

  • Parcel Number: 1605220002009.000

Green Features

Tax Info

  • Tax Lot: 11

MLS Schools

  • Elementary School: Horizon (K-6)
  • High School: Bob Jones

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
Aug 16, 2023
Closed on
Oct 20, 2023
Sold by
Bought by
Seller's Agent
Karen Morris
Down Home Real Estate
Buyer's Agent
Beth Medley
KW Huntsville
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
252
Current Estimated Value
$557,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,123
Avg. Annual Appreciation
0.48%
Original Mortgage
$385,000
Outstanding Balance
$376,721
Interest Rate
7.12%
Estimated Equity
$180,402

Purchase Details

Closed on
Jul 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,700
Interest Rate
3.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$550,000 None Listed On Document
-- --
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 $385,000
Previous Owner $309,700
Previous Owner --
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 $550,000 -- --
10/20/2023 10/20/23 Sold $550,000 -4.3% $180 / Sq Ft
08/16/2023 08/16/23 For Sale $575,000 -- $188 / 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 $3,524 $100,840 $8,000 $92,840
2024 $3,524 $36,200 $4,000 $32,200
2023 $0 $36,200 $4,000 $32,200
2022 $2,247 $32,880 $4,000 $28,880
2021 $1,994 $29,240 $4,000 $25,240
2020 $1,826 $26,820 $4,000 $22,820
2019 $1,504 $26,820 $4,000 $22,820
2018 $1,486 $26,500 $0 $0
2017 $1,486 $26,500 $0 $0
2016 $1,340 $26,500 $0 $0
2015 $1,340 $26,500 $0 $0
2014 $1,398 $27,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Morris

    Seller's Agent in 2023

    Karen Morris

    Down Home Real Estate

    (256) 682-6515

    2 in this area

    90 Total Sales

    Karen Morris
    Section Image
  • Audra Morris

    Seller Co-Listing Agent in 2023

    Audra Morris

    Down Home Real Estate

    (256) 508-6217

    2 in this area

    68 Total Sales

    Audra Morris
    Section Image
  • Beth Medley

    Buyer's Agent in 2023

    Beth Medley

    KW Huntsville

    (256) 508-8687

    2 in this area

    189 Total Sales

    Beth Medley
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1841287

ValleyMLS.com

APN: 16-05-22-0-002-009.000

Alabama Madison County Madison 35758 Edgewater

120 Spinnaker Cir, Madison, AL

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