$277,000
SOLD MAR 15, 2022

266 Village Springs Dr Madison, AL 35756

4 Beds
2 Baths
1,507 Sq Ft
7,536 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Cooling Available
  • Horizon Elementary School Rated A+
  • No HOA
  • Wrought Iron Fence

About This Home

As of March 2022

Beautiful lake front home zoned for Madison city schools! Neighborhood lake is just steps out your back door stocked full of bass! 4 Bedrooms, 2 full baths, plus a huge screened in back porch to enjoy the water views! This home has all the updates you could ask for, including a digital thermostat w/ voice command, deep farm style sink in kitchen, freshly painted cabinets, & luxury vinyl plank flooring in the living areas. Lots of Shiplap throughout. Bob Jones High School & Discovery Middle School. Redstone Arsenal Gare Martin Road gate 3 is less than 5 minutes away! Close to the new Trash Pandas stadium, Research Park, & I-565. Garage build in for huge 4th bedroom! Storage building stays!

Last Agent to Sell the Property

Carl Thomas

RE/MAX Unlimited License #98650 Listed on: 02/06/2022

RE/MAX Unlimited

Last Buyer's Agent

Jim, Caroline & The Davis Team

New South REALTORS License #66175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 66 x 128
  • Lake Front
  • Wrought Iron Fence

Parking

  • No Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,507 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Cooling Available
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • Towne Lakes Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 2505214000002.118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,726

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Living Area: 1507
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 66 x 128
  • Co List Office Mls Id: 126802
  • Subdivision Name: Towne Lakes
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2009
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Bedroom4 Area: 110
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 110
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 221
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Living Room Area: 210
  • Room Kitchen Area: 132
  • Room Master Bedroom Area: 180

Exterior Features

  • Fencing: Wrought Iron
  • Waterfront Features: Water Access, Pond, Waterfront, Lake/Pond
  • Waterfront: Yes
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, See Remarks

Utilities

  • Heating: Central 2
  • Cooling: Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 2505214000002.118
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
Mar 15, 2022
Sold by
Reaves Robert Wayne and Reaves Teresa
Bought by
Thomas Richard
Seller's Agent
Carl Thomas
RE/MAX Unlimited
Buyer's Agent
Jim, Caroline & The Davis Team
New South REALTORS
List Price
$259,900
Sold Price
$277,000
Premium/Discount to List
$17,100
6.58%
Current Estimated Value
$253,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,467
Avg. Annual Appreciation
-2.77%
Original Mortgage
$212,800
Outstanding Balance
$200,590
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$51,112

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 28, 2016
Sold by
Stenger Mark and Stenger Bethany
Bought by
Reaves Teresa and Reaves Robert Wayne
Seller's Agent
Joy Dombrowski
Legend Realty
Buyer's Agent
Donna Chiroux
ERA King Real Estate Company
List Price
$132,500
Sold Price
$130,090
Premium/Discount to List
-$2,410
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$104,072
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2012
Closed on
Jan 17, 2013
Sold by
Secretary Of Veterans Affairs
Bought by
Stenger Mark and Stenger Bethany
Seller's Agent
Anne Owen
Legend Realty
Buyer's Agent
Joy Dombrowski
Legend Realty
List Price
$124,500
Sold Price
$105,000
Premium/Discount to List
-$19,500
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Wells Fargo Bank Na
Bought by
Veterans Ffairs

Purchase Details

Closed on
Sep 11, 2012
Sold by
Wells Fargo Bank Na
Bought by
Veterans Ffairs

Purchase Details

Closed on
Jul 1, 2011
Sold by
Ludwig Eric D
Bought by
Pitts Lewis Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
4.63%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2011
Sold by
Ludwig Eric D
Bought by
Pitts Lewis Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
4.63%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2009
Sold by
Breland Homes Llc
Bought by
Ludwig Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,841
Interest Rate
5.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $277,000 --
Warranty Deed $130,090 None Available
Special Warranty Deed $105,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,800 New Conventional
Previous Owner $104,072 New Conventional
Previous Owner $104,000 Credit Line Revolving
Previous Owner $121,495 VA
Previous Owner $121,495 VA
Previous Owner $123,841 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $277,000 +6.6% $184 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $259,900 +99.8% $172 / Sq Ft
12/27/2016 12/27/16 Off Market $130,090 -- --
09/28/2016 09/28/16 Sold $130,090 -1.8% $102 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $132,500 +26.2% $103 / Sq Ft
04/29/2013 04/29/13 Off Market $105,000 -- --
01/24/2013 01/24/13 Sold $105,000 -15.7% $82 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $124,500 -- $97 / 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 $2,726 $44,320 $10,000 $34,320
2023 $2,726 $41,580 $10,000 $31,580
2022 $914 $15,640 $3,260 $12,380
2021 $862 $14,800 $3,260 $11,540
2020 $745 $12,890 $2,500 $10,390
2019 $503 $11,140 $2,500 $8,640
2018 $505 $11,180 $0 $0
2017 $505 $11,180 $0 $0
2016 $505 $11,180 $0 $0
2015 $505 $11,180 $0 $0
2014 $1,151 $23,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1800344

ValleyMLS.com

APN: 25-05-21-4-000-002.118