NOT LISTED FOR SALE

132 Reserve Way Madison, AL 35758

Estimated Value: $559,000 - $584,000

5 Beds
4.5 Baths
4,400 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $575,000 $131 Per Sq Ft

Current estimated payment $3,263/month

83 Days on Market

Highlights

  • Wooded Lot
  • Screened Porch
  • Two cooling system units
  • Discovery Middle School Rated A
  • 3 Car Attached Garage
  • Home Security System

About This Home

As of April 2023

Located in the heart of Madison this sharp 5 bedroom, 5 bath, full brick home will not last long. Downstairs you will find both formal living and dining rooms, a family room with a gas fireplace and a bedroom for your guests to enjoy along with its private bath and much more. Upstairs you will find the master suite along with 3 other bedrooms, 3 full baths, a rec room & a bonus room & laundry drop chute. 3 car side entry garage with 10 person in-ground storm shelter. Enjoy your morning coffee in the screened in porch overlooking your private backyard lined with trees. Freshly painted throughout the entire inside and professionally cleaned, this home is move in ready.

Last Agent to Sell the Property

Paul Schipansky

Capstone Realty License #85493 Listed on: 11/10/2022

Capstone Realty

Last Buyer's Agent

Gena Sharpe

Matt Curtis Real Estate, Inc. License #110177

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 96 x 184 x 96 x 184
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 4,400 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storm Cellar or Shelter

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association Phone (256) 426-4951
  • Reserve At Bridgefield Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 1603054001068031

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0.4 Acres

Parking

3

Listing Details

  • Living Area: 4400
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 96 x 184 x 96 x 184
  • Road Surface Type: Concrete
  • Subdivision Name: Reserve At Bridgefield
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2006
  • RoomBedroom1Level: Second
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Security System, Washer
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Sprinkler Sys, Wooded
  • Exterior Features: Curb/Gutters, Sidewalk
  • Foundation Details: Slab
  • Other Structures: Det. Bldg, Storm Shelter
  • Patio And Porch Features: Covered Porch, Patio, Screened Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached, Garage Door Opener, Garage Faces Side, Three Car Garage

Utilities

  • Heating: Central 2, Electric
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Na
  • Phone: 256-426-4951
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1603054001068031
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: NA
  • Tax Lot: 31

MLS Schools

  • Elementary School: Midtown Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Apr 21, 2023
Sold by
Niles Living Trust
Bought by
Watson Glenn and Watson Sheri M
Seller's Agent
Paul Schipansky
Capstone Realty
Buyer's Agent
Gena Sharpe
Matt Curtis Real Estate, Inc.
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
117
Current Estimated Value
$573,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,655
Avg. Annual Appreciation
-0.10%
Original Mortgage
$225,000
Outstanding Balance
$218,665
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$354,680

Purchase Details

Closed on
Jun 9, 2011
Sold by
Islam Mazhar M and Kaisari Fatima A
Bought by
Niles Stanley and Niles Francena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,901
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Islam Mazhar M and Kaisari Fatima A
Bought by
Islam Mazhar M and Kaisari Fatima A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Watson Glenn $575,000 None Listed On Document
Niles Stanley -- None Available
Islam Mazhar M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Glenn $225,000
Previous Owner Niles Stanley $288,901
Previous Owner Islam Mazhar M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $575,000 -3.3% $131 / Sq Ft
01/09/2023 01/09/23 Price Changed $594,900 -0.9% $135 / Sq Ft
12/02/2022 12/02/22 Price Changed $600,000 -4.0% $136 / Sq Ft
11/10/2022 11/10/22 For Sale $625,000 -- $142 / Sq Ft
Source: ValleyMLS.com

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
2025 $2,960 $43,140 $10,000 $33,140
2024 $2,960 $43,140 $10,000 $33,140
2023 $2,960 $39,640 $6,500 $33,140
2022 $2,653 $38,720 $6,500 $32,220
2021 $2,653 $38,720 $6,500 $32,220
2020 $2,584 $37,720 $5,500 $32,220
2019 $2,131 $37,720 $5,500 $32,220
2018 $2,123 $37,580 $0 $0
2017 $2,123 $37,580 $0 $0
2016 $2,123 $37,580 $0 $0
2015 $2,123 $37,580 $0 $0
2014 $2,017 $35,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1822528

ValleyMLS.com

APN: 16-03-05-4-001-068.031

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