NOT LISTED FOR SALE

131 Forrest Dr Madison, AL 35758

Madison Area

Estimated Value: $141,000 - $199,148

3 Beds
1 Bath
1,053 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2023

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

Est. 1% decrease in value since last sale

Current estimated payment $1,162 / mo

3 Days on Market

Highlights

  • No HOA
  • Living Room
  • Heating System Uses Propane
  • Cooling Available

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 License #100553

KW Huntsville

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 20,038 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Monrovia Elementary And Middle School
  • Sparkman High School

Utilities

  • Cooling Available
  • Heating System Uses Propane

Community Details

  • No Home Owners Association
  • Rainbow Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1508281002006.000

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0.46 Acres

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
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Dining Room Type: Master Bedroom, Living Room, Bedroom 2, Bedroom 3, Kitchen

Exterior Features

  • Construction Type: Brick

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

Green Features

Tax Info

  • Tax Lot: 7

MLS Schools

  • Elementary School: Monrovia
  • High School: Sparkman

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
Jul 18, 2023
Closed on
Aug 16, 2023
Sold by
Bought by
Seller's Agent
Carl Thomas
RE/MAX Unlimited
Buyer's Agent
Terri Coté
KW Huntsville
List Price
$180,900
Sold Price
$180,900
Views
96
Current Estimated Value
$178,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,363
Avg. Annual Appreciation
-0.44%
Original Mortgage
$171,855
Outstanding Balance
$166,358
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$12,179

Purchase Details

Closed on
Aug 29, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, AL

  • Trey Sippial Real Estate Agent - Statewide Realty Group

    Trey Sippial

    Statewide Realty Group

    (334) 261-5136

    241 Total Sales

    1 in Madison

    $240,000 Price

    Trey Sippial
     Section Image
  • Holly Robbins Real Estate Agent - ERA King Real Estate

    Holly Robbins

    ERA King Real Estate

    (256) 827-5031

    45 Total Sales

    7 in Madison

    $255K - $887K Price Range

    Holly Robbins
     Section Image
  • Calisha Alexander Real Estate Agent - Coldwell Banker CK Mann Realty

    Calisha Alexander

    Coldwell Banker CK Mann Realty

    (938) 666-5457

    98 Total Sales

    9 in Madison

    $299K - $941K Price Range

    Calisha Alexander
     Section Image
  • Jennifer Lacasse Real Estate Agent - Forte Realty

    Jennifer Lacasse

    Forte Realty

    (256) 898-0503

    59 Total Sales

    3 in Madison

    $148K - $385K Price Range

    Jennifer Lacasse
     Section Image
  • Jim Davis Real Estate Agent - New South Realtors, LLC

    Jim Davis

    New South Realtors, LLC

    (938) 666-9188

    10 Total Sales

    3 in Madison

    $290K - $589K Price Range

    Jim Davis
     Section Image
  • Mary Leigh Lanser Real Estate Agent - RE/MAX Today

    Mary Leigh Lanser

    Responds Quickly

    RE/MAX Today

    (256) 666-1175

    87 Total Sales

    1 in Madison

    $270,000 Price

    Mary Leigh Lanser
     Section Image
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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
$180,900 None Listed On Document
$180,900 None Listed On Document
-- None Available
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 $171,855
Closed $171,855
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 $180,900 -- --
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

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 -- $9,860 $2,060 $7,800
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 Real Estate Agent - RE/MAX

    Seller's Agent in 2023

    Carl Thomas

    RE/MAX

    (256) 783-3294

    93 Total Sales

    Carl Thomas
    Section Image
  • Terri Coté Real Estate Agent - KW Huntsville

    Buyer's Agent in 2023

    Terri Coté

    KW Huntsville

    (256) 797-0318

    82 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

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