NOT LISTED FOR SALE

2548 Ready Section Rd Toney, AL 35773

Estimated Value: $215,000 - $250,000

3 Beds
2 Baths
1,451 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $134,500 $93 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,322/month

65 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of October 2018

USDA financing available. NEW Roof in April 2018, NEW Outdoor space, NEW paint, NEW Hardwood Flooring in main living areas and NEW carpets with UPGRADED lighting fixtures. Vaulted ceilings with additional room to entertain all on an a half acre lot. New outdoor space lined with trees for privacy. Approximately 15 mins from Research Park Blvd, Approximately 10 from Toyota Plant.

Last Agent to Sell the Property

Cleo Smith

Capstone Realty License #111047 Listed on: 06/26/2018

Capstone Realty

Last Buyer's Agent

Susan Thome

Legend Realty License #000045826

Legend Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $652

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100 x 235

Home Design

  • Slab Foundation

Interior Spaces

  • 1,451 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sparkman Elementary School
  • Sparkman High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • The Landings Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 0890508270001002.032

Home Details

Home Type

Single Family

Est. Annual Taxes

$652

Lot Details

0

Listing Details

  • Living Area: 1451
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Lot Size: 100 x 235
  • Subdivision Name: The Landings
  • Architectural Style: Open Floor Plan, Ranch/1 Story
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • 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: 14
  • Room Bedroom2 Level: First
  • Room Living Room Area: 255
  • Room Kitchen Area: 150
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 224
  • Room Dining Room Area: 121

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Central 1, Electric
  • Cooling: Central 1
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Sparkman

Lot Info

  • Parcel Number: 0890508270001002.032
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 31

MLS Schools

  • Elementary School: Madison Cross Roads
  • High School: Sparkman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Oct 12, 2018
Sold by
Nguyen Somphol and Nguyen Nghia T
Bought by
Layne Tyler R and Hillis Brianne E
Seller's Agent
Cleo Smith
Capstone Realty
Buyer's Agent
Susan Thome
Legend Realty
List Price
$134,500
Sold Price
$134,500
Current Estimated Value
$238,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,884
Avg. Annual Appreciation
8.54%
Original Mortgage
$135,858
Outstanding Balance
$118,476
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$119,908

Purchase Details

Closed on
Jun 30, 2014
Sold by
Nguyen Somphol and Nguyen Nghia T
Bought by
Nguyen Somphol and Nguyen Nghia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,861
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Mar 24, 2008
Sold by
Kyvest Ltd
Bought by
Buathichan Somphol and Nguyen Nghia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,596
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2007
Sold by
Lts Elh
Bought by
Kyvest Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Layne Tyler R $134,500 Adm Title Services Llc
Nguyen Somphol -- None Available
Buathichan Somphol -- --
Kyvest Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layne Tyler R $135,858
Previous Owner Nguyen Somphol $130,861
Previous Owner Buathichan Somphol $127,596
Previous Owner Kyvest Ltd $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Off Market $134,500 -- --
10/12/2018 10/12/18 Sold $134,500 0.0% $93 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $134,500 0.0% $93 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $134,500 0.0% $93 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $134,500 -- $93 / 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 $652 $19,420 $3,000 $16,420
2023 $652 $19,420 $3,000 $16,420
2022 $572 $17,240 $3,000 $14,240
2021 $576 $16,020 $3,000 $13,020
2020 $995 $13,820 $2,250 $11,570
2019 $431 $13,280 $2,250 $11,030
2018 $409 $12,700 $0 $0
2017 $409 $12,700 $0 $0
2016 $409 $12,700 $0 $0
2015 $409 $12,700 $0 $0
2014 $428 $13,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cleo Smith

    Seller's Agent in 2018

    Cleo Smith

    Capstone Realty

    (256) 270-3626

    293 Total Sales

    Cleo Smith
    Section Image
  • Susan Thome

    Buyer's Agent in 2018

    Susan Thome

    Legend Realty

    (256) 337-8707

    123 Total Sales

    Susan Thome
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1097268

ValleyMLS.com

APN: 05-08-27-0-001-002.032

Alabama Madison County Toney 35773

2548 Ready Section Rd, Toney, AL

This home is located at 2548 Ready Section Rd, Toney, AL 35773 since 26 June 2018 and is currently estimated at $238,384, approximately $164 per square foot. 2548 Ready Section Rd is a home located in Madison County with nearby schools including Madison Cross Roads Elementary School, Sparkman Middle School, and Sparkman High School.

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