228 Falling Water Ln SW Madison, AL 35756
Lake Forest Neighborhood
2
Beds
2.5
Baths
1,679
Sq Ft
3,049
Sq Ft Lot
Highlights
- Cooling Available
- 2 Car Garage
- Heating Available
About This Home
As of March 2024100% financing options are available for this home. Outstanding 2-bedroom 3 bath Townhouse with spacious rooms, open floor plan, soaring ceilings, private cozy patio backs up beautiful green space. Walk in closets, freshly painted epoxy on the garage floor, fresh paint inside the house, wonderful neighborhood amenities include yard maintenance, common areas, swimming pool, clubhouse, tennis courts and so much more. Wonderful convenient location, good schools, please come see this amazing home today!
Last Agent to Sell the Property
Keller Williams Realty License #76458 Listed on: 10/06/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,339
Year Built
- Built in 2008
Parking
- 2 Car Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,679 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Schools
- Williams Elementary School
- Columbia High School
Utilities
- Cooling Available
- Heating Available
Community Details
- Property has a Home Owners Association
- Promenade Association, Phone Number (440) 237-1681
- Promenade At River Landng Subdivision
Listing and Financial Details
- Assessor Parcel Number 2502090000002.060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Mar 27, 2024
Sold by
Howell Cherry
Bought by
Phillips William T and Hopkins Marissa
Seller's Agent
Ashleigh Green
Keller Williams Realty
Buyer's Agent
Regina Underwood
CRYE-LEIKE REALTORS - Madison
List Price
$259,900
Sold Price
$259,900
Views
412
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,411
Avg. Annual Appreciation
-2.50%
Original Mortgage
$255,192
Outstanding Balance
$252,483
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
-$1,322
Purchase Details
Listed on
Jan 25, 2017
Closed on
Sep 29, 2017
Sold by
Green Patrick S and Green Angela C
Bought by
Howell Cherry
Seller's Agent
Julie Green
MarMac Real Estate
Buyer's Agent
Sandra Vann
Legend Realty
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Purchase Details
Closed on
Jun 3, 2009
Sold by
Promenade At River Landing Lp
Bought by
Green Patrick S and Green Angela C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,995
Interest Rate
4.77%
Mortgage Type
FHA
Similar Homes in Madison, AL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,900 | None Listed On Document | |
| Deed | $125,000 | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,192 | FHA | |
| Previous Owner | $157,995 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $259,900 | 0.0% | $155 / Sq Ft |
| 10/06/2023 10/06/23 | For Sale | $259,900 | +107.9% | $155 / Sq Ft |
| 12/31/2017 12/31/17 | Off Market | $125,000 | -- | -- |
| 09/29/2017 09/29/17 | Sold | $125,000 | -3.8% | $74 / Sq Ft |
| 08/31/2017 08/31/17 | Pending | -- | -- | -- |
| 07/28/2017 07/28/17 | For Sale | $129,900 | 0.0% | $77 / Sq Ft |
| 07/28/2017 07/28/17 | Price Changed | $129,900 | +3.9% | $77 / Sq Ft |
| 07/26/2017 07/26/17 | Off Market | $125,000 | -- | -- |
| 05/24/2017 05/24/17 | Price Changed | $134,900 | -0.7% | $80 / Sq Ft |
| 03/10/2017 03/10/17 | Price Changed | $135,900 | -2.9% | $81 / Sq Ft |
| 01/25/2017 01/25/17 | For Sale | $139,900 | -- | $83 / Sq Ft |
Source: ValleyMLS.com
Tax History Compared to Growth
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 | $1,339 | $23,920 | $4,500 | $19,420 |
| 2023 | $1,339 | $23,920 | $4,500 | $19,420 |
| 2022 | $1,242 | $22,240 | $4,500 | $17,740 |
| 2021 | $835 | $15,220 | $2,500 | $12,720 |
| 2020 | $699 | $12,880 | $2,500 | $10,380 |
| 2019 | $675 | $12,460 | $2,500 | $9,960 |
| 2018 | $679 | $12,540 | $0 | $0 |
| 2017 | $727 | $12,540 | $0 | $0 |
| 2016 | $679 | $12,540 | $0 | $0 |
| 2015 | $679 | $12,540 | $0 | $0 |
| 2014 | $792 | $14,480 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Ashleigh Green
Keller Williams Realty
(256) 527-0185
5 in this area
139 Total Sales
-
Buyer's Agent in 2024
Regina Underwood
Crye-Leike
(256) 508-6874
6 in this area
73 Total Sales
-
Seller's Agent in 2017
Julie Green
MarMac Real Estate
(256) 642-6787
49 Total Sales
-
Buyer's Agent in 2017
Sandra Vann
Legend Realty
(256) 679-6628
76 Total Sales
Map
Source: ValleyMLS.com
MLS Number: 21845318
APN: 25-02-09-0-000-002.060
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