NOT LISTED FOR SALE

228 Mainsail Way Madison, AL 35758

Edgewater Neighborhood

Estimated Value: $498,000 - $571,000

4 Beds
3.5 Baths
3,575 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $493,000 $138 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,083/month

66 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Fireplaces
  • Two cooling system units
  • Horizon Elementary School Rated A+
  • 2 Car Attached Garage
  • Patio

About This Home

As of June 2023

THIS HOME QUALIFIES FOR 0 DOWN PAYMENT BACK ON MARKET-BUYERS CHANGED THEIR MIND You'll want to move right into this fantastic family home in Bob Jones school district located in Edgewater Community that has access to club house, pool, tennis courts, lake & gym. Upstairs you'll be drawn into the oversized bedroom with french doors leading to the spacious, private, open air balcony. Oh! And the upstairs bonus is the perfect family game nights hangout space. New HVAC and fresh paint. Come and see it today. You will be so glad you did!

Last Agent to Sell the Property

Kimberly Taylor

Legend Realty License #104759 Listed on: 02/25/2023

Legend Realty

Last Buyer's Agent

Jennifer Gates

Legend Realty License #127766

Legend Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,123

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Sprinkler System

Parking

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

Interior Spaces

  • 3,575 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio

Schools

  • Journey Middle Elementary School
  • Bob Jones High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Edgewater Association, Phone Number (256) 461-8670
  • Edgewater Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 2
  • Assessor Parcel Number 1605220002002062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,123

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Living Area: 3575
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Surface Type: Concrete
  • Subdivision Name: Edgewater
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1998
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 494
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 132
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 18
  • Room Bedroom2 Level: First
  • Room Living Room Area: 399
  • Room Kitchen Area: 252
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 378
  • Room Dining Room Area: 132

Exterior Features

  • Fencing: Privacy
  • Lot Features: Sprinkler Sys
  • Exterior Features: Curb/Gutters, Sidewalk
  • Patio And Porch Features: Patio

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

  • Association Name: Edgewater
  • Phone: 256-461-8670
  • Association: Yes

Schools

  • Middle Or Junior School: Journey Middle School

Lot Info

  • Parcel Number: 1605220002002062
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2
  • Tax Lot: 18

MLS Schools

  • Elementary School: Madison Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Nov 10, 2020
Sold by
Wicker Thomas Jay and Wicker Hyung Hi
Bought by
Chalasani Brahmaiah Chowdary
Seller's Agent
Brandy Whitworth
Leading Edge R.E. Group-Mad.
Buyer's Agent
Kimberly Taylor
Legend Realty
List Price
$410,000
Sold Price
$331,000
Premium/Discount to List
-$79,000
-19.27%
Current Estimated Value
$515,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,633
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Apr 11, 2017
Sold by
Wicker Thomas Jay and Yung Wicker H
Bought by
Wicker Thomas Jay and Wicker Hyung Hi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Deutsche Bank Nationa Trust Co
Bought by
Wicker Thomas Jay and Yung Hi Wicker H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Scruggs Elonda
Bought by
Deutsche Bank National Trust Company
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
Chalasani Brahmaiah Chowdary $331,000 None Available
Wicker Thomas Jay $330,000 None Available
Wicker Thomas Jay -- --
Deutsche Bank National Trust Company $354,083 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varon Oscar $440,000
Closed Varon Oscar $443,700
Closed Chalasani Brahmiah Chowdary $150,000
Previous Owner Wicker Thomas Jay $264,000
Previous Owner Wicker Thomas Jay $180,000
Previous Owner Wicker Thomas Jay $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $493,000 -1.4% $138 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/22/2023 04/22/23 Price Changed $499,999 -3.8% $140 / Sq Ft
03/23/2023 03/23/23 Price Changed $520,000 -1.7% $145 / Sq Ft
03/04/2023 03/04/23 Price Changed $529,000 0.0% $148 / Sq Ft
03/04/2023 03/04/23 For Sale $529,000 +1.7% $148 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $520,000 +57.1% $145 / Sq Ft
02/08/2021 02/08/21 Off Market $331,000 -- --
11/10/2020 11/10/20 Sold $331,000 -5.4% $93 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/04/2020 10/04/20 Price Changed $349,900 -6.7% $98 / Sq Ft
07/16/2020 07/16/20 Price Changed $374,900 -3.6% $105 / Sq Ft
06/27/2020 06/27/20 Price Changed $389,000 -5.1% $109 / Sq Ft
06/18/2020 06/18/20 For Sale $410,000 -- $115 / 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 $3,123 $45,480 $7,500 $37,980
2023 $3,123 $39,160 $7,500 $31,660
2022 $2,426 $35,460 $5,500 $29,960
2021 $1,916 $28,120 $4,000 $24,120
2020 $1,756 $25,810 $4,000 $21,810
2019 $1,447 $25,810 $4,000 $21,810
2018 $1,440 $25,700 $0 $0
2017 $1,430 $25,700 $0 $0
2016 $1,579 $28,120 $0 $0
2015 $1,579 $28,120 $0 $0
2014 $1,668 $29,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Taylor

    Seller's Agent in 2023

    Kimberly Taylor

    Legend Realty

    (256) 277-7756

    3 in this area

    128 Total Sales

    Section Image
  • Jennifer Gates

    Buyer's Agent in 2023

    Jennifer Gates

    Legend Realty

    (256) 755-4989

    1 in this area

    41 Total Sales

    Section Image

  • B

    Seller's Agent in 2020

    Brandy Whitworth

    Leading Edge R.E. Group-Mad.

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1828493

ValleyMLS.com

APN: 16-05-22-0-002-002.062

Alabama Madison County Madison 35758 Edgewater

228 Mainsail Way, Madison, AL

This home is located at 228 Mainsail Way, Madison, AL 35758 since 25 February 2023 and is currently estimated at $523,372, approximately $146 per square foot. This property was built in 1998. 228 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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