NOT LISTED FOR SALE

151 Forrest Dr Madison, AL 35758

Estimated Value: $190,000 - $233,204

3 Beds
1 Bath
1,350 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $209,500 $155 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,288/month

62 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • Monrovia Elementary School Rated A-

About This Home

As of September 2022

Updated 3 bedroom 1 bath full brick home with a 2-car detached garage. The family room could be used as a 4th bedroom. The home is being sold "AS IS WHERE IS" the seller will make no repairs. It is located in Madison County but is located in the Rainbow subdivision of Madison City (The owner has made application for this property to be annexed into the City of Madison).

Last Agent to Sell the Property

Tony Julian

North Alabama R. E. Group, LLC License #87195 Listed on: 06/17/2022

Last Buyer's Agent

Kim Savage

Leading Edge R.E. Group-Mad. License #98116

Leading Edge R.E. Group-Mad.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 175 x 114
  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,350 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

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 1508281002008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1350
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 175 x 114
  • Subdivision Name: Metes And Bounds
  • 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: 110
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Room Family Room Area: 209
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Room Living Room Area: 209
  • Room Kitchen Area: 171
  • Room Master Bedroom Area: 143

Exterior Features

  • Fencing: Chain Link

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached, Two Car Garage

Utilities

  • Heating: Central 1, Electric
  • 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: Monrovia

Lot Info

  • Parcel Number: 1508281002008000
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 5

MLS Schools

  • Elementary School: Monrovia
  • High School: Sparkman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 21, 2022
Sold by
Pointe Place Llc
Bought by
Johnson Sherese and Johnson Jason
Seller's Agent
Tony Julian
North Alabama R. E. Group, LLC
Buyer's Agent
Kim Savage
Leading Edge R.E. Group-Mad.
List Price
$239,900
Sold Price
$209,500
Premium/Discount to List
-$30,400
-12.67%
Views
35
Current Estimated Value
$214,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,051
Avg. Annual Appreciation
0.78%
Original Mortgage
$199,025
Outstanding Balance
$190,593
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$23,958

Purchase Details

Closed on
Jul 11, 2005
Sold by
Russell Jonathon A
Bought by
Pointe Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,070
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Johnson Sherese $209,500 --
Pointe Place Llc $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Sherese $199,025
Previous Owner Pointe Place Llc $65,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $209,500 -4.7% $155 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/30/2022 07/30/22 Price Changed $219,900 -2.3% $163 / Sq Ft
07/18/2022 07/18/22 Price Changed $225,000 0.0% $167 / Sq Ft
07/03/2022 07/03/22 Price Changed $224,900 -6.3% $167 / Sq Ft
06/17/2022 06/17/22 For Sale $239,900 -- $178 / 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 $1,813 $25,960 $4,100 $21,860
2023 $1,813 $25,960 $4,100 $21,860
2022 $680 $18,980 $4,100 $14,880
2021 $640 $17,860 $4,100 $13,760
2020 $624 $17,380 $3,620 $13,760
2019 $624 $17,380 $3,620 $13,760
2018 $555 $15,500 $0 $0
2017 $555 $15,500 $0 $0
2016 $555 $15,500 $0 $0
2015 $555 $15,500 $0 $0
2014 $533 $14,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1811243

ValleyMLS.com

APN: 15-08-28-1-002-008.000