NOT LISTED FOR SALE

261 Waters Edge Ln Madison, AL 35758

Estimated Value: $169,000 - $176,507

2 Beds
2 Baths
1,060 Sq Ft
$136/mo HOA Fee

Last Sold August 29, 2014

Last sale price $78,000 $74 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,224/month

113 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Community Pool
  • Discovery Middle School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of August 2014

Beautifully updated 2 bedroom, 2 bathroom unit with lots of natural light, new carpet, attractive laminate hardwood floors in the living area, stainless steel appliances, jetted tub in master bathroom, spacious walk-in closet, and great storage space on the porch. Move right in and enjoy the convenience and amenities of Madison Towne Centre!

Last Agent to Sell the Property

Liz Power

Elements Realty LLC License #95837 Listed on: 04/10/2014

Co-Listed By

Laura Drury

RE/MAX Unlimited License #87727

Last Buyer's Agent

Darlene Brown

CRYE-LEIKE REALTORS - Madison License #82157

CRYE-LEIKE REALTORS - Madison

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,035

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $136 Monthly HOA Fees

Interior Spaces

  • 1,060 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 1602091002032007

Community Details

Overview

  • Association fees include maintenance structure, insurance, pest control, trash, cable TV
  • Mtc HOA
  • Madison Towne Centre Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,035

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Living Area: 1060
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: 111900
  • Subdivision Name: Madison Towne Centre
  • Architectural Style: Open Floor Plan
  • New Construction: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 144
  • Master Bedroom Master Bedroom Width: 11
  • Room Family Room Area: 270
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Second
  • Room Kitchen Area: 100
  • Dining Room Dining Room Level: Second
  • Room Master Bedroom Area: 132
  • Room Dining Room Area: 143

Exterior Features

  • Common Walls: No One Above, End Unit

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool, Tennis Court(s)
  • Association Fee: 136
  • Association Fee Frequency: Monthly
  • Association Name: Mtc HOA
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Insurance, Pest Control, Trash, Cable TV

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1602091002032007
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 8

MLS Schools

  • Elementary School: Horizon (K-6)
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Sullivan Ricki L and Sullivan Denise J
Bought by
Sullivan Living Trust
Current Estimated Value
$173,127

Purchase Details

Listed on
Apr 10, 2014
Closed on
Aug 29, 2014
Sold by
Dishroon Joan T and Dishroon Douglas John
Bought by
Sullivan Ricki L and Sullivan Denise J
Seller's Agent
Liz Power
Elements Realty LLC
Buyer's Agent
Darlene Brown
CRYE-LEIKE REALTORS - Madison
List Price
$89,400
Sold Price
$78,000
Premium/Discount to List
-$11,400
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$62,400
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2007
Sold by
Washington Kerrie
Bought by
Taylor Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Stingel John Duane
Bought by
Washington Kerrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,720
Interest Rate
5.9%
Mortgage Type
FHA
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
Sullivan Living Trust -- None Listed On Document
Sullivan Ricki L $16,800 None Available
Taylor Joan -- --
Washington Kerrie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Ricki L $62,400
Previous Owner Taylor Joan $85,500
Previous Owner Washington Kerrie $73,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Off Market $78,000 -- --
08/29/2014 08/29/14 Sold $78,000 -12.8% $74 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $89,400 -- $84 / 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 $2,035 $29,280 $0 $29,280
2023 $1,785 $25,680 $0 $25,680
2022 $1,409 $20,200 $0 $20,200
2021 $1,284 $18,400 $0 $18,400
2020 $1,269 $9,090 $0 $9,090
2019 $1,001 $8,660 $0 $8,660
2018 $954 $16,500 $0 $0
2017 $837 $14,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Power

    Seller's Agent in 2014

    Liz Power

    Elements Realty LLC

    (256) 303-8602

    6 in this area

    144 Total Sales

    Liz Power
    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Laura Drury

    RE/MAX

    Section Image

  • D

    Buyer's Agent in 2014

    Darlene Brown

    Crye-Leike

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 749039

ValleyMLS.com

APN: 16-02-09-1-002-032.007-CONDO

Alabama Madison County Madison 35758

261 Waters Edge Ln, Madison, AL

This home is located at 261 Waters Edge Ln, Madison, AL 35758 since 10 April 2014 and is currently estimated at $173,127, approximately $163 per square foot. 261 Waters Edge Ln is a home located in Madison County with nearby schools including Discovery Middle School, Bob Jones High School, and Madison Academy.

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