NOT LISTED FOR SALE

122 Stoneway Trail Madison, AL 35758

Estimated Value: $549,000 - $815,355

4 Beds
3.5 Baths
5,164 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $525,000 $102 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,912/month

99 Days on Market

Highlights

  • 1.55 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Rainbow Elementary School Rated A
  • 1 Fireplace
  • Central Air

About This Home

As of September 2020

Incredible, one-of-a-kind home on the side of Rainbow Mountain in one of the most desirable locations in Madison. Close toeverything…Research Park, Redstone, scenic hiking trails, the best schools & more. This very private home is tucked in the trees & hills, is light & bright, open & airy w/million dollar views, two master stes & every comfort & convenience. The open design is perfect for entertaining. There are exquisite views from almost every room. The huge chef's kitchen has it all. A butler's pantry leads to the formal dining rm. The great rm has walls of windows, a stacked-stone fireplace & more. Outside are a screened/covered porch & multi-level decks to enjoy the incredible outdoors

Last Agent to Sell the Property

Robert Hussey

Keller Williams Realty Madison License #95026 Listed on: 04/08/2020

Keller Williams Realty Madison

Last Buyer's Agent

Peter Fether

Rosenblum Realty, Inc. License #115300

Home Details

Home Type

  • Single Family

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 130 x 430 x 138.95 x 417

Interior Spaces

  • 5,164 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Stoneridge Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1508342002053000

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Living Area: 5164
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.55
  • Lot Size: 130 x 430 x 138.95 x 417
  • Subdivision Name: Stoneridge
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Levels: Three Or More
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Area: 273
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 238
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 224
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 20
  • Room Family Room Area: 594
  • Room Bedroom2 Level: Basement
  • Room Family Room Level: Second
  • Room Living Room Area: 484
  • Room Kitchen Area: 495
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 280
  • Room Dining Room Area: 168

Utilities

  • Heating: Electric
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1508342002053000
  • Lot Size Sq Ft: 67518
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 15

MLS Schools

  • Elementary School: Rainbow Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Purser Elizabeth R
Bought by
Purser William Christopher
Current Estimated Value
$735,089

Purchase Details

Listed on
Apr 8, 2020
Closed on
Sep 18, 2020
Sold by
Northover Steven B and Northover Regine G
Bought by
Purser William Christopher and Purser Elizabeth R
Seller's Agent
Robert Hussey
Keller Williams Realty Madison
Buyer's Agent
Peter Fether
Rosenblum Realty, Inc.
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$435,933
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 2014
Sold by
Northover Steven B and Northover Regine G
Bought by
Northover Steven B and Northover Regine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,381
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2008
Sold by
Visions Home Builders Llc
Bought by
Northover Steven and Northover Regine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
5.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 7, 2006
Sold by
Northover Steven B
Bought by
Visions Home Buliders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,800
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2005
Sold by
Opp Lon J and Opp Deborah F
Bought by
Northover Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Purser William Christopher -- None Listed On Document
Purser William Christopher -- None Listed On Document
Purser William Christopher $525,000 None Available
Northover Steven B -- None Available
Northover Steven -- --
Visions Home Buliders Llc -- --
Northover Steven B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purser William Christopher $435,933
Previous Owner Northover Steven B $351,381
Previous Owner Northover Steven $95,900
Previous Owner Visions Home Buliders Llc $336,800
Previous Owner Northover Steven B $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Off Market $525,000 -- --
09/18/2020 09/18/20 Sold $525,000 0.0% $102 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/12/2020 07/12/20 Price Changed $525,000 -4.5% $102 / Sq Ft
06/23/2020 06/23/20 For Sale $550,000 +4.8% $107 / Sq Ft
06/11/2020 06/11/20 Off Market $525,000 -- --
04/08/2020 04/08/20 For Sale $550,000 -- $107 / 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 -- $76,720 $6,000 $70,720
2023 $0 $73,880 $6,000 $67,880
2022 $0 $65,000 $6,000 $59,000
2021 $0 $56,440 $3,760 $52,680
2020 $3,679 $53,470 $3,750 $49,720
2019 $2,893 $50,960 $3,750 $47,210
2018 $2,722 $48,000 $0 $0
2017 $2,698 $47,580 $0 $0
2016 $2,698 $47,580 $0 $0
2015 $2,698 $47,580 $0 $0
2014 $2,758 $48,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1141212

ValleyMLS.com

APN: 15-08-34-2-002-053.000