NOT LISTED FOR SALE

161 Waters Edge Ln Madison, AL 35758

Estimated Value: $135,000 - $166,000

2 Beds
1 Bath
795 Sq Ft
87 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $150,000 $189 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $973/month

2 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Deck
  • Discovery Middle School Rated A
  • Clubhouse
  • 1 Fireplace

About This Home

As of June 2023

Updated 2BR/1BA upstairs condo located in the heart of Madison! This open-floor plan offers a spacious living room with vaulted ceilings, tiled fireplace and tons of natural light! Kitchen boasts granite countertops and updated cabinets. Dining area perfect for entertaining. Isolated owner's retreat with soaring ceilings and large walk-in closet. French doors lead to private guest room with walk-in closet. Laminate floors throughout. Walk out your front door and follow the sidewalk straight to one of the communities sparkling pools right next door! Enjoy maintenance free living convenient to all that Madison has to offer. Located next to Dublin Park. Refrigerator, washer and dryer included.

Last Agent to Sell the Property

Brittany Evans Seymour

Leading Edge, R.E. Group License #104344 Listed on: 05/17/2023

Leading Edge, R.E. Group

Last Buyer's Agent

Kathy King

Coldwell Banker First License #49482

Coldwell Banker First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1988

Lot Details

  • 87

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 795 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Deck
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 1602091002028005CONDO

Community Details

Overview

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

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,999

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Living Area: 795
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Madison Towne Centre
  • Architectural Style: Open Floor Plan
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1988
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • ResoLivingAreaSource: Appraiser
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 144
  • Room Kitchen Area: 64
  • Dining Room Dining Room Level: Second
  • Room Master Bedroom Area: 144
  • Room Dining Room Area: 96

Exterior Features

  • Common Walls: No One Above
  • Exterior Features: Curb/Gutters, Sidewalk
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool
  • Association Name: Madison Towne Centre HOA
  • Phone: 256-880-1000
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1602091002028005CONDO
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: N/A
  • Tax Lot: N/A

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 21, 2020
Sold by
Waldron Betsy and Waldron David
Bought by
Hanlin Lindsay
Seller's Agent
Patricia Gaffin
First Choice Real Estate
Buyer's Agent
Brittany Evans Seymour
Leading Edge, R.E. Group
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$152,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,094
Avg. Annual Appreciation
6.78%
Original Mortgage
$101,850
Outstanding Balance
$90,181
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$61,913

Purchase Details

Listed on
Jun 22, 2014
Closed on
Aug 12, 2014
Sold by
Medlen John
Bought by
Waldron Betsy W
Seller's Agent
Laura Patrick
Stewart & Associates RE, LLC
Buyer's Agent
Patricia Gaffin
First Choice Real Estate
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-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
8.17%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Medlen John and Medlen Lisa Marie
Bought by
Medlen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,684
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Hillis Adrianne
Bought by
Medlen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hanlin Lindsay -- None Available
Waldron Betsy W $68,000 None Available
Medlen John -- Chicago Title
Medlen John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanlin Lindsay $101,850
Previous Owner Medlen John $49,684
Previous Owner Medlen John $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $150,000 -6.3% $189 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $160,000 +52.4% $201 / Sq Ft
05/21/2020 05/21/20 Off Market -- -- --
02/21/2020 02/21/20 Sold $105,000 -4.5% $124 / Sq Ft View Prior Sale
01/24/2020 01/24/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $110,000 0.0% $129 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $110,000 +61.8% $129 / Sq Ft
12/17/2014 12/17/14 Off Market $68,000 -- --
08/13/2014 08/13/14 Sold $68,000 -9.3% $85 / Sq Ft View Prior Sale
08/07/2014 08/07/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $75,000 -- $94 / 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 $1,999 $28,700 $0 $28,700
2023 $1,999 $10,020 $0 $10,020
2022 $674 $10,240 $0 $10,240
2021 $611 $9,340 $0 $9,340
2020 $984 $13,940 $0 $13,940
2019 $768 $13,280 $0 $13,280
2018 $753 $13,020 $0 $0
2017 $601 $10,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1834304

ValleyMLS.com

APN: 16-02-09-1-002-028.005-CONDO