228 Mainsail Way Madison, AL 35758
Edgewater Neighborhood
4
Beds
3.5
Baths
3,575
Sq Ft
0.29
Acres
Highlights
- Clubhouse
- Main Floor Primary Bedroom
- Community Pool
- Horizon Elementary School Rated A+
- 2 Fireplaces
- Tennis Courts
About This Home
As of June 2023Beautiful 4 bedroom/3.5 bath home the Madison Edgewater Community w/access to many activities such as club house,pool,tennis courts,lake,& gym.Main level is an open floor plan including an amazing family room or sunroom perfect for morning coffee,huge master suite on main level w/fireplace,2 walk-in closets,10’ ceiling, & glamour bath,Guest bedroom,formal dining,Kitchen w/porcelain tile & granite counters.Marble tile & solid White Oak flooring throughout.Large upstairs bedroom w/full bathroom & french doors leading to private balcony.Bonus room & much more...
Last Agent to Sell the Property
Brandy Whitworth
Leading Edge R.E. Group-Mad. License #80453 Listed on: 05/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,123
Year Built
- Built in 1998
Lot Details
- 0.29 Acre Lot
HOA Fees
- $41 Monthly HOA Fees
Interior Spaces
- 3,575 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Crawl Space
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Schools
- Discovery Elementary School
- Bob Jones High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 1605220002002062
Community Details
Overview
- Edgewater Owners Association
- Edgewater Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
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
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
9.86%
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
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 | $331,000 | None Available | |
| Warranty Deed | $330,000 | None Available | |
| Special Warranty Deed | -- | -- | |
| Foreclosure Deed | $354,083 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | New Conventional | |
| Closed | $443,700 | New Conventional | |
| Closed | $150,000 | Credit Line Revolving | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $215,000 | New Conventional |
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
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
-
Seller's Agent in 2023
Kimberly Taylor
Legend Realty
(256) 277-7756
3 in this area
128 Total Sales
-
Buyer's Agent in 2023
Jennifer Gates
Legend Realty
(256) 755-4989
1 in this area
41 Total Sales
-
B
Seller's Agent in 2020
Brandy Whitworth
Leading Edge R.E. Group-Mad.
Map
Source: ValleyMLS.com
MLS Number: 1144694
APN: 16-05-22-0-002-002.062
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2025 Valley MLS
Nearby Homes
- 193 Mainsail Way
- 703 Town Madison Blvd Unit 3
- 701 Town Madison Blvd Unit 4
- 106 Spinnaker Ridge Dr SW
- 699 Town Madison Blvd Unit 5
- 381 Saint Louis St
- 377 Saint Louis St
- 693 Town Madison Blvd Unit 8
- 691 Town Madison Blvd Unit 9
- 685 Town Madison Blvd
- 366 Saint Louis St
- 683 Town Madison Blvd
- 667 Town Madison Blvd
- 665 Town Madison Blvd
- 661 Town Madison Blvd
- 659 Town Madison Blvd
- 109 Cane Brook Ct
- 639 Town Madison Blvd
- 100 Wolf Creek Trail SW
- 504 Sussex Dr SW