NOT LISTED FOR SALE

200 Mainsail Way Madison, AL 35758

Edgewater Neighborhood

Estimated Value: $408,708 - $419,000

4 Beds
2 Baths
2,371 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $350,000 $148 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,528/month

8 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Double Pane Windows
  • Horizon Elementary School Rated A+
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of May 2021

Move right in to this immaculate 4 bedroom home in the beautiful community of Edgewater. Close to new shopping & dining, Redstone & 565, yet tucked away in a quiet area. The community has walking trails, multiple lakes, a pool, clubhouse & tennis courts. Inside, hardwood & tile flooring in all living areas & the master bedroom. The large great room w/fireplace opens leads to the kitchen & breakfast room, or the formal dining room. The isolated master suite has a trey ceiling, walk-in closet, & a glamour bath w/large double vanity. The other 3 bedrooms are all spacious w/plenty of closet space. The over-sized, side entry 2 car garage offers plenty of space for parking & storage!

Last Agent to Sell the Property

Jeff York

Redstone Realty Solutions-HSV License #75589 Listed on: 02/26/2021

Last Buyer's Agent

Tammy Balch

Dream Key Real Estate, LLC License #57617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 2001

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 110 x 95

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,371 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Additional Features

  • Grip-Accessible Features
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 1605220002002071

Community Details

Overview

  • Edgewater HOA
  • Edgewater Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,130

Year Built

Built in 2001

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Living Area: 2371
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 110 x 95
  • Subdivision Name: Edgewater
  • Architectural Style: Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2001
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Appliances: Dishwasher, Microwave, Range
  • Levels: One
  • Accessibility Features: Grip-Accessible Features
  • Full Bathrooms: 2
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 156
  • Room Bedroom4 Level: First
  • Room Bedroom3 Area: 168
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: First
  • Room Kitchen Area: 132
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 234
  • Room Dining Room Area: 182

Exterior Features

  • Foundation Details: Slab

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Association Name: Edgewater HOA
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1605220002002071
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 27

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 4, 2021
Sold by
Jcm Acres Llc
Bought by
Gilmore Jacob and Gilmore Gretchen
Seller's Agent
Jeff York
Redstone Realty Solutions-HSV
Buyer's Agent
Tammy Balch
Dream Key Real Estate, LLC
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$421,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,614
Avg. Annual Appreciation
3.95%
Original Mortgage
$343,660
Outstanding Balance
$312,763
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$99,914

Purchase Details

Closed on
Feb 4, 2021
Sold by
Murphy Joseph C
Bought by
Jcm Acres Llc

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jul 13, 2018
Sold by
Broadway Gretchen
Bought by
Murphy Joseph C
Seller's Agent
Jim, Caroline & The Davis Team
New South REALTORS
Buyer's Agent
Charlie Murphy
Murphy Real Estate, LLC
List Price
$254,900
Sold Price
$249,900
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$224,910
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2012
Closed on
May 31, 2013
Sold by
Stone Financing Llc
Bought by
Broadway Gretchen
Seller's Agent
Allison Worley
Capstone Realty
Buyer's Agent
Whitney Stringer
RE/MAX Unlimited
List Price
$256,000
Sold Price
$212,000
Premium/Discount to List
-$44,000
-17.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$208,160
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2013
Sold by
Ragusa Dana N and Ragusa Daniel
Bought by
Stone Financing Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Hou Zhiqaing and Yi Hong
Bought by
Ragusa Dana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Gilmore Jacob $350,000 None Available
Jcm Acres Llc $249,900 None Available
Murphy Joseph C $249,900 None Available
Broadway Gretchen $212,000 None Available
Stone Financing Llc -- None Available
Ragusa Dana N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Jacob $343,660
Previous Owner Murphy Joseph C $224,910
Previous Owner Broadway Gretchen $208,160
Previous Owner Broadway Gretchen $6,360
Previous Owner Ragusa Dana N $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Off Market $350,000 -- --
05/04/2021 05/04/21 Sold $350,000 0.0% $148 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $350,000 +40.1% $148 / Sq Ft
10/15/2018 10/15/18 Off Market $249,900 -- --
07/13/2018 07/13/18 Sold $249,900 0.0% $105 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $249,999 -0.8% $105 / Sq Ft
04/17/2018 04/17/18 Price Changed $251,900 +0.8% $106 / Sq Ft
04/17/2018 04/17/18 Price Changed $249,900 -2.0% $105 / Sq Ft
03/14/2018 03/14/18 For Sale $254,900 +20.2% $108 / Sq Ft
08/31/2013 08/31/13 Off Market $212,000 -- --
05/31/2013 05/31/13 Sold $212,000 -17.2% $89 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $256,000 -- $108 / 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 $2,130 $31,200 $7,500 $23,700
2023 $2,130 $31,200 $7,500 $23,700
2022 $1,784 $26,220 $5,500 $20,720
2021 $3,305 $47,360 $8,000 $39,360
2020 $3,044 $43,600 $8,000 $35,600
2019 $2,521 $43,600 $8,000 $35,600
2018 $1,203 $21,580 $0 $0
2017 $1,193 $21,580 $0 $0
2016 $1,305 $23,360 $0 $0
2015 $1,305 $23,360 $0 $0
2014 $1,357 $24,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff York

    Seller's Agent in 2021

    Jeff York

    Redstone Realty Solutions-HSV

    (256) 520-5191

    3 in this area

    183 Total Sales

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  • Tammy Balch

    Buyer's Agent in 2021

    Tammy Balch

    Dream Key Real Estate, LLC

    (256) 777-2131

    1 in this area

    408 Total Sales

    Section Image
  • Jim, Caroline & The Davis Team

    Seller's Agent in 2018

    Jim, Caroline & The Davis Team

    New South REALTORS

    (256) 651-8500

    4 in this area

    174 Total Sales

    Section Image

  • C

    Buyer's Agent in 2018

    Charlie Murphy

    Murphy Real Estate, LLC

    (256) 759-2258

    6 Total Sales

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  • Allison Worley

    Seller's Agent in 2013

    Allison Worley

    Capstone Realty

    (256) 348-8797

    22 Total Sales

    Section Image
  • Whitney Stringer

    Buyer's Agent in 2013

    Whitney Stringer

    RE/MAX

    (256) 617-2619

    89 Total Sales

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Map

Source: ValleyMLS.com

MLS Number: 1775443

ValleyMLS.com

APN: 16-05-22-0-002-002.071

Alabama Madison County Madison 35758 Edgewater

200 Mainsail Way, Madison, AL

This home is located at 200 Mainsail Way, Madison, AL 35758 since 26 February 2021 and is currently estimated at $412,677, approximately $174 per square foot. This property was built in 2001. 200 Mainsail Way is a home located in Madison County with nearby schools including Horizon Elementary School, Discovery Middle School, and Bob Jones High School.

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