NOT LISTED FOR SALE

197 Waters Edge Ln Madison, AL 35758

Estimated Value: $155,137

2 Beds
1 Bath
784 Sq Ft
87 Sq Ft Lot

Last Sold May 05, 2016

Last sale price $39,100 $50 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $903/month

26 Days on Market

Highlights

  • No Units Above
  • Main Floor Primary Bedroom
  • No HOA
  • Discovery Middle School Rated A
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of May 2016

HUD case #011-693919

Last Agent to Sell the Property

Nick Mcdaniel

Century 21 Prestige Prop.-Deca License #75940 Listed on: 03/11/2016

Century 21 Prestige Prop.-Deca

Last Buyer's Agent

Stephanie Gothart

Capstone Realty License #94329

Capstone Realty

Property Details

Home Type

  • Condominium

Lot Details

  • 87

Home Design

  • Slab Foundation

Interior Spaces

  • 784 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Discovery Elementary School
  • Bob Jones High School

Additional Features

  • No Units Above
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Madison Towne Centre Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1602091002029.015

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Living Area: 784
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Madison Towne Centre
  • New Construction: No
  • Special Features: 1028

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Common Walls: No One Above
  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1602091002029.015
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: n/a

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
May 5, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Barksdale Blake
Seller's Agent
Nick Mcdaniel
Century 21 Prestige Prop.-Deca
Buyer's Agent
Stephanie Gothart
Capstone Realty
List Price
$38,000
Sold Price
$39,100
Premium/Discount to List
$1,100
2.89%
Current Estimated Value
$155,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,037
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Mar 17, 2015
Sold by
Suntrust Mortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 17, 2015
Sold by
Kilpatrick Trenton L
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Nov 16, 2010
Sold by
Knupp Matthew M and Knupp Kevin R
Bought by
Kilpatrick Trenton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,456
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2007
Sold by
Parsons Brenda A and Patterson Jayne L
Bought by
Knupp Matthew M and Knupp Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,968
Interest Rate
6.71%
Mortgage Type
FHA
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
Barksdale Blake $391,100 None Available
Secretary Of Hud $53,760 None Available
Suntrust Mortgage Inc $53,760 None Available
Kilpatrick Trenton L -- --
Knupp Matthew M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilpatrick Trenton L $77,456
Previous Owner Knupp Matthew M $51,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Off Market $39,100 -- --
05/05/2016 05/05/16 Sold $39,100 +2.9% $50 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $38,000 -- $48 / 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
2025 $1,100 $15,780 $0 $15,780
2024 $1,100 $14,760 $0 $14,760
2023 $1,029 $14,020 $0 $14,020
2022 $770 $11,040 $0 $11,040
2021 $346 $5,520 $0 $5,520
2020 $350 $5,460 $0 $5,460
2019 $261 $5,200 $0 $5,200
2018 $256 $5,120 $0 $0
2017 $197 $4,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1040086

ValleyMLS.com

APN: 16-02-09-1-002-029.015-CONDO