NOT LISTED FOR SALE

202 Mainsail Way Madison, AL 35758

Edgewater Neighborhood

Estimated Value: $389,987 - $454,000

4 Beds
2.5 Baths
2,457 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $352,000 $143 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,343/month

3 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Main Floor Primary Bedroom
  • Horizon Elementary School Rated A+
  • Traditional Architecture
  • Community Pool

About This Home

As of January 2022

Desirable 4 BR home located in exclusive Edgewater offers community lake, pool, clubhouse, and tennis for year round enjoyment! The open floorplan offers main level Master suite w/glamour bath, private office, Greatroom w/vaulted ceiling & gas-log fireplace, formal DR, and kitchen w/separate breakfast room. Upstairs includes 3 BRs and full bath with walk-in attic storage area. Side-entry double car garage plus rear deck overlooking privacy fenced backyard. Conveniently located to Gate 7 Redstone Arsenal and Town Madison plus zoned for award winning Horizon/Discovery/Bob Jones High school! Priced and sold in as-is condition.

Last Agent to Sell the Property

Rodney Schumann

Legend Realty License #19839 Listed on: 12/14/2021

Legend Realty

Last Buyer's Agent

Trish Hagin

BHHS Rise Real Estate License #88016

BHHS Rise Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 2000

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95 x 110
  • Privacy Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,457 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 26 / 2
  • Assessor Parcel Number 1605220002002070

Community Details

Overview

  • Property has a Home Owners Association
  • Edgwater Association, Phone Number (256) 461-8670
  • Built by STEVE STRICKLAND HOME BUILDERS
  • Edgewater Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,168

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Living Area: 2457
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 95 x 110
  • Road Surface Type: Concrete
  • Subdivision Name: Edgewater
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2000
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Privacy
  • Lot Features: Sprinkler Sys
  • Builder Name: STEVE STRICKLAND HOME BUILDERS
  • Exterior Features: Curb/Gutters, Sidewalk
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage Faces Side, Two Car Garage

Utilities

  • Heating: Central 2, Electric
  • Cooling: Central 2, Electric
  • 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, Tennis Court(s)
  • Association Name: Edgwater
  • Phone: 256-461-8670
  • Association: Yes

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1605220002002070
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2
  • Tax Lot: 26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2017
Sold by
Gober Jamie L
Bought by
Nunley Alvin
Current Estimated Value
$412,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$152,631
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$260,366

Purchase Details

Closed on
Dec 31, 2007
Sold by
Collins Bobby Lee and Collins Belinda Kay
Bought by
Nunley Alvin and Gober Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nunley Alvin $111,650 None Available
Nunley Alvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunley Alvin $185,000
Previous Owner Nunley Alvin $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $352,000 +8.3% $143 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $325,000 -- $132 / 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 $2,168 $30,680 $7,500 $23,180
2023 $2,094 $30,680 $7,500 $23,180
2022 $1,713 $25,200 $5,500 $19,700
2021 $1,541 $22,720 $4,000 $18,720
2020 $1,416 $20,920 $4,000 $16,920
2019 $1,158 $20,790 $4,000 $16,790
2018 $1,145 $20,580 $0 $0
2017 $1,135 $20,580 $0 $0
2016 $1,247 $22,340 $0 $0
2015 $1,247 $22,340 $0 $0
2014 $1,296 $23,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rodney Schumann

    Seller's Agent in 2022

    Rodney Schumann

    Legend Realty

    (256) 337-7253

    2 in this area

    64 Total Sales

    Rodney Schumann
    Section Image
  • Trish Hagin

    Buyer's Agent in 2022

    Trish Hagin

    BHHS Rise Real Estate

    (256) 604-8225

    1 in this area

    91 Total Sales

    Trish Hagin
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1797169

ValleyMLS.com

APN: 16-05-22-0-002-002.070

Alabama Madison County Madison 35758 Edgewater

202 Mainsail Way, Madison, AL

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