NOT LISTED FOR SALE

148 Stone Meadow Ln Madison, AL 35758

Estimated Value: $200,000 - $271,000

2 Beds
2 Baths
1,524 Sq Ft
0.73 Acres

Last Sold February 28, 2023

Last sale price $255,000 $167 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,436/month

95 Days on Market

Highlights

  • Wooded Lot
  • Covered Patio or Porch
  • Wood Burning Fireplace
  • Discovery Middle School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2023

Completely renovated 2 story condo in heart of Madison. Brand new kitchen with stainless appliances. LVP on main level with featured stacked stone wood burning fireplace. Vaulted ceilings and tons of natural light. Bedroom, full bath, laundry on first floor. Loft, master suite with walk in closet and beautiful glam bath upstairs. Private patio backs to green space. Conveniently located next to park and only minutes to Bridge Street.

Last Agent to Sell the Property

Amy Patterson

Capstone Realty License #120735 Listed on: 10/16/2022

Capstone Realty

Co-Listed By

Stephanie Cash

Legend Realty License #121960

Last Buyer's Agent

Valerie Povey

Leading Edge Decatur License #115505

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1987

Lot Details

  • 0.73

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,524 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater

Additional Features

  • Covered Patio or Porch
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 1602091002022000CONDO

Community Details

Overview

  • Property has a Home Owners Association
  • Erem Association, Phone Number (256) 880-1000
  • Madison Towne Centre Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,561

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Living Area: 1524
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Co List Office Mls Id: 136300
  • Subdivision Name: Madison Towne Centre
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1987
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 120
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: First
  • Room Living Room Area: 156
  • Room Kitchen Area: 120
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 154

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Exterior Features: Curb/Gutters, Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association Name: Erem
  • Phone: 256-880-1000
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1602091002022000CONDO
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Heritage
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2022
Closed on
Feb 28, 2023
Sold by
Patterson Austin Scott and Patterson Amy
Bought by
Jones Raeshaun
Seller's Agent
Amy Patterson
Capstone Realty
Buyer's Agent
Valerie Povey
Leading Edge Decatur
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Views
422
Current Estimated Value
$239,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,395
Avg. Annual Appreciation
-0.93%
Original Mortgage
$247,350
Outstanding Balance
$240,986
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$8,137

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 22, 2020
Sold by
Gosberry Ray A and Gosberry Ronketi
Bought by
Patterson Austin Scott and Patterson Amy
Seller's Agent
Ronketi Gosberry
Family First Homes, LLC
Buyer's Agent
Amy Patterson
Capstone Realty
List Price
$150,000
Sold Price
$136,000
Premium/Discount to List
-$14,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%
Original Mortgage
$102,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 4, 2019
Sold by
Finlayson Tonya and Finlayson Charles J
Bought by
Gosberry Ray A and Gosberry Ronketi
Seller's Agent
Rachel Goldstein
Leading Edge, R.E. Group
Buyer's Agent
Ronketi Gosberry
Family First Homes, LLC
List Price
$129,000
Sold Price
$123,190
Premium/Discount to List
-$5,810
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
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
Jones Raeshaun $255,000 --
Patterson Austin Scott $136,000 None Available
Gosberry Ray A $123,190 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Raeshaun $247,350
Previous Owner Patterson Austin Scott $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $255,000 -1.9% $167 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
10/16/2022 10/16/22 For Sale $260,000 +91.2% $171 / Sq Ft
01/24/2021 01/24/21 Off Market $136,000 -- --
10/23/2020 10/23/20 Sold $136,000 -9.3% $97 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $150,000 +21.8% $107 / Sq Ft
01/04/2020 01/04/20 Off Market $123,190 -- --
10/04/2019 10/04/19 Sold $123,190 -4.5% $86 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $129,000 -- $90 / 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 $1,561 $23,000 $0 $23,000
2023 $1,561 $33,940 $0 $33,940
2022 $1,863 $26,700 $0 $26,700
2021 $1,696 $24,300 $0 $24,300
2020 $1,677 $24,020 $0 $24,020
2019 $1,322 $22,860 $0 $22,860
2018 $1,267 $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1820718

ValleyMLS.com

APN: 16-02-09-1-002-022.000-CONDO