NOT LISTED FOR SALE

2425 Medaris Rd NW Huntsville, AL 35810

Lakewood Neighborhood

Estimated Value: $86,000 - $129,320

3 Beds
1.5 Baths
1,213 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $90,000 $74 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $607/month

5 Days on Market

About This Home

As of July 2024

Welcome to your next investment gem in the heart of NW Huntsville! This 3-bedroom, 2-bath home offers an exceptional opportunity for investors or first-time homebuyers seeking value and growth potential.Huntsville is one of the fastest-growing cities in Alabama, known for its thriving tech industry, excellent quality of life, and robust job market. This property offers a unique chance to invest in a market with promising appreciation rates and a strong rental demand. Don't miss out on this incredible investment opportunity! Schedule a viewing today and see the potential for yourself.

Last Agent to Sell the Property

Philip Wright

MeritHouse Realty License #138422 Listed on: 07/03/2024

Last Buyer's Agent

Asa JavertIfill

Parkland Real Estate License #128915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1960

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,213 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mcnair Junior High Elementary School
  • Jemison High School

Additional Features

  • Lot Dimensions are 71 x 190 x 88 x 141
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lakewood Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 1401114004037.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$432

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Living Area: 1213
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 71 x 190 x 88 x 141
  • Subdivision Name: Lakewood Manor
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1960
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Bathroom 1 Area: 35
  • Bathroom 2 Area: 40
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 80
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 108
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 9
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Bathroom 1 Level: First
  • Room Living Room Area: 143
  • Room Kitchen Area: 126
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 99
  • Room Dining Room Area: 90

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mcnair Junior High

Lot Info

  • Parcel Number: 1401114004037.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 17

MLS Schools

  • Elementary School: Rolling Hills
  • High School: Jemison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jul 26, 2024
Sold by
Sfr Ii Llc
Bought by
Olympus Capital Llc
Seller's Agent
Philip Wright
MeritHouse Realty
Buyer's Agent
Asa JavertIfill
Parkland Real Estate
List Price
$99,999
Sold Price
$90,000
Premium/Discount to List
-$9,999
-10%
Views
61
Current Estimated Value
$103,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,330
Avg. Annual Appreciation
14.35%
Original Mortgage
$125,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jun 27, 2024
Sold by
Ivey Marquelle D
Bought by
Sfr Ii Llc
Seller's Agent
Philip Wright
MeritHouse Realty
Buyer's Agent
Asa JavertIfill
Parkland Real Estate
List Price
$99,999
Sold Price
$90,000
Premium/Discount to List
-$9,999
-10%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.95%
Mortgage Type
Construction
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
Olympus Capital Llc $90,000 None Listed On Document
Sfr Ii Llc $40,000 Jacob Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olympus Capital Llc $138,271
Closed Olympus Capital Llc $125,000
Previous Owner Restoration Foundation Inc $263,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $90,000 -10.0% $74 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $99,999 -- $82 / 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 $432 $8,280 $2,000 $6,280
2023 $432 $7,160 $2,000 $5,160
2022 $298 $5,960 $1,780 $4,180
2021 $227 $4,740 $680 $4,060
2020 $177 $3,860 $440 $3,420
2019 $177 $3,860 $440 $3,420
2018 $172 $3,760 $0 $0
2017 $168 $3,680 $0 $0
2016 $168 $3,680 $0 $0
2015 $168 $3,680 $0 $0
2014 $171 $3,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Philip Wright

    Seller's Agent in 2024

    Philip Wright

    MeritHouse Realty

    (256) 565-2676

    3 in this area

    170 Total Sales

    Section Image
  • Asa JavertIfill

    Buyer's Agent in 2024

    Asa JavertIfill

    Parkland Real Estate

    (256) 424-2240

    4 in this area

    87 Total Sales

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 21864905

ValleyMLS.com

APN: 14-01-11-4-004-037.000

Alabama Madison County Huntsville 35810 Lakewood

2425 Medaris Rd NW, Huntsville, AL

This home is located at 2425 Medaris Rd NW, Huntsville, AL 35810 since 03 July 2024 and is currently estimated at $103,330, approximately $85 per square foot. This property was built in 1960. 2425 Medaris Rd NW is a home located in Madison County with nearby schools including Rolling Hills Elementary School, Ronald E. McNair Junior High School, and Jemison High School.

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