NOT LISTED FOR SALE

138 Eldorado Dr Madison, AL 35758

Estimated Value: $254,000 - $320,688

3 Beds
2.5 Baths
2,106 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2022

Last sale price $275,000 $131 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,698 / mo

55 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating and Cooling System
  • Horizon Elementary School Rated A+
  • Entrance Foyer
  • Dining Room

About This Home

As of December 2022

Charming 3 bedroom- 3 bathroom home, situated on almost half of an acre corner lot in Madison City! Beautiful hardwood floors throughout and tile in all of the wet areas.Generously sized Family room with a wood burning fireplace. Come see this beauty today! Gorgeous sunroom perfect for entertaining. Come see this beautiful home today!

Last Agent to Sell the Property

Paige Brown

RE/MAX Today License #111570 Listed on: 09/20/2022

RE/MAX Today

Co-Listed By

Nicole Perkins

Crue Realty License #130180

Last Buyer's Agent

Juliet King

Keller Williams Realty Madison License #107467

Keller Williams Realty Madison

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 20,473 Sq Ft Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 2,106 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Gap Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0851601020001047

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.47 Acres

Listing Details

  • Living Area: 2106
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Subdivision Name: Rainbow Gap Estates
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Foyer, Master Bedroom, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Family Room

Exterior Features

  • Construction Type: See Remarks
  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Septic Tank
  • 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: 0851601020001047
  • Lot Size Sq Ft: 20473.199999999

Green Features

Tax Info

  • Tax Lot: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 6, 2022
Sold by
Jackson Timothy M and Jackson Jennifer
Bought by
Saxon Richard Lee and Saxon Katie Scarlett
Seller's Agent
Paige Brown
RE/MAX Today
Buyer's Agent
Juliet King
Keller Williams Realty Madison
List Price
$335,000
Sold Price
$275,000
Premium/Discount to List
-$60,000
-17.91%
Current Estimated Value
$292,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,172
Avg. Annual Appreciation
1.80%
Original Mortgage
$275,000
Outstanding Balance
$265,023
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$27,149

Purchase Details

Closed on
Apr 22, 2010
Sold by
Bentley Terry and Bentley Louise
Bought by
Jackson Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Martinson Ii Douglas C
Bought by
Bentley Terry and Bentley Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Saxon Richard Lee $275,000 None Listed On Document
Saxon Richard Lee $275,000 None Listed On Document
Jackson Timothy M -- --
Bentley Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxon Richard Lee $275,000
Closed Saxon Richard Lee $275,000
Previous Owner Jackson Timothy M $140,000
Previous Owner Bentley Terry $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2026 02/09/26 Off Market $275,000 -- --
12/14/2022 12/14/22 Sold $275,000 -8.0% $131 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $299,000 -6.6% $142 / Sq Ft
10/10/2022 10/10/22 Price Changed $320,000 -4.5% $152 / Sq Ft
09/20/2022 09/20/22 For Sale $335,000 -- $159 / 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 $1,782 $26,180 $4,260 $21,920
2024 $1,782 $24,620 $4,260 $20,360
2023 $1,478 $21,960 $4,260 $17,700
2022 $1,324 $19,600 $4,260 $15,340
2021 $1,246 $18,480 $4,260 $14,220
2020 $1,020 $15,220 $1,960 $13,260
2019 $837 $15,220 $1,960 $13,260
2018 $837 $15,220 $0 $0
2017 $837 $15,220 $0 $0
2016 $837 $15,220 $0 $0
2015 $837 $15,220 $0 $0
2014 $789 $14,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1818777

ValleyMLS.com

APN: 16-01-02-0-001-047.000

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