NOT LISTED FOR SALE

131 Forrest Dr Madison, AL 35758

Estimated Value: $173,000 - $209,766

3 Beds
1 Bath
1,053 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $180,900 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,076/month

3 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating System Uses Propane
  • Monrovia Elementary School Rated A-
  • 1 Car Garage

About This Home

As of August 2023

Incredible Location! PERFECT INVESTMENT OPPORTUNITY! Right in the middle of Madison city, VERY convenient to Redstone Arsenal, Research Park, Huntsville Hospital, I-565 and I-65! This is a VERY high rent & resale district. Live in it as is, update what you see cosmetically & flip it, or rent it out! Blank cavis ready to be transformed into art! Big fenced yard, two driveway entrances, one car garage, INCREDIBLE spot on the map. Home is being sold as is, though the owner doesn’t know of any major issues beneath the surface. Come own a home in MADISON CITY off 72 & Hughes Road at the base of Rainbow Mountain!

Last Agent to Sell the Property

Carl Thomas

RE/MAX Unlimited License #98650 Listed on: 07/18/2023

RE/MAX Unlimited

Last Buyer's Agent

Terri Coté

KW Huntsville Keller Williams License #100553

KW Huntsville Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • Chain Link Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 1,053 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Monrovia Elementary School
  • Sparkman High School

Utilities

  • Cooling Available
  • Heating System Uses Propane

Community Details

  • No Home Owners Association
  • Rainbow Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number 1508281002006.000

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Living Area: 1053
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Rainbow Subdivision
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1966
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 90
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Living Room Area: 182
  • Room Kitchen Area: 170
  • Room Master Bedroom Area: 132

Exterior Features

  • Fencing: Chain Link

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Heating: Electric, Propane
  • Cooling: Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Monrovia

Lot Info

  • Parcel Number: 1508281002006.000
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 7

MLS Schools

  • Elementary School: Monrovia
  • High School: Sparkman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 16, 2023
Sold by
Saldana Albert P
Bought by
Woods Bernice
Seller's Agent
Carl Thomas
RE/MAX Unlimited
Buyer's Agent
Terri Coté
KW Huntsville Keller Williams
List Price
$180,900
Sold Price
$180,900
Views
96
Current Estimated Value
$192,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,792
Avg. Annual Appreciation
2.99%
Original Mortgage
$171,855
Outstanding Balance
$168,047
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$24,645

Purchase Details

Closed on
Aug 29, 2015
Sold by
Villanueva Carl
Bought by
Saldana Nancy E
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
Woods Bernice $180,900 None Listed On Document
Woods Bernice $180,900 None Listed On Document
Woods Bernice $180,900 None Listed On Document
Saldana Nancy E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Bernice $171,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $180,900 0.0% $172 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $180,900 -- $172 / 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 -- $9,300 $2,060 $7,240
2023 $665 $18,560 $4,100 $14,460
2022 $595 $16,640 $4,100 $12,540
2021 $561 $15,720 $4,100 $11,620
2020 $545 $15,220 $3,620 $11,600
2019 $545 $15,220 $3,620 $11,600
2018 $531 $14,700 $0 $0
2017 $526 $14,700 $0 $0
2016 $263 $7,360 $0 $0
2015 -- $7,360 $0 $0
2014 -- $7,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Thomas

    Seller's Agent in 2023

    Carl Thomas

    RE/MAX

    (256) 783-3294

    6 in this area

    87 Total Sales

    Carl Thomas
    Section Image
  • Terri Coté

    Buyer's Agent in 2023

    Terri Coté

    KW Huntsville Keller Williams

    (256) 797-0318

    7 in this area

    78 Total Sales

    Terri Coté
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1839138

ValleyMLS.com

APN: 15-08-28-1-002-006.000

Alabama Madison County Madison 35758

131 Forrest Dr, Madison, AL

This home is located at 131 Forrest Dr, Madison, AL 35758 since 18 July 2023 and is currently estimated at $192,692, approximately $182 per square foot. This property was built in 1966. 131 Forrest Dr is a home located in Madison County with nearby schools including Monrovia Elementary School, Monrovia Middle School, and Sparkman High School.

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