NOT LISTED FOR SALE

2737 NE Colin Kelly Hwy Madison, FL 32340

Estimated Value: $123,533 - $218,000

2 Beds
1 Bath
944 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $105,000 $111 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,000/month

148 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Traditional Architecture
  • 1-Story Property
  • Utility Room

About This Home

As of January 2022

Two homes! Home #1 is a 1950, 2 bed 1 bath, 944 sq ft single family home. Home #2 is a 1994, 3 bed 2 bath, 1820 sqft doublewide mobile home. For more information/photos of home #2 see MLS#336488. Both homes sit on a well maintained 1.11 acre lot just 5 minutes from downtown Madison. The single family home is small, cozy, and refurbished. Comes with stove, refrigerator, dishwasher, washer, and dryer. Large indoor utility room. Nice deck on the front of the home. Perfect spot for a grill! The deck is also a perfect spot for drinking coffee, and watching the cars go by! City water. Valdosta, GA is only 30 minutes away! The single family home is vacant. The mobile home is currently leased through December 2021. Both homes have been rental properties. Great potential to remain rental properties! Live in one, and rent the other! The single family home has been rented for $600 monthly. The mobile home has been rented for $800 monthly.

Last Agent to Sell the Property

Jerrod Trainer

Jerrod A Trainer & Associates License #3468700 Listed on: 08/23/2021

Last Buyer's Agent

Jessica Groover

Southern Land & Homes License #3394299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1950

Lot Details

  • 1.11 Acre Lot
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Utility Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Madison County Central Elementary School
  • Madison County Middle School
  • Madison County High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12079-12-1N-09-3494-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Metes Bounds: Yes
  • Miscellaneous: Deck, Fenced - Partial, Septic Tank
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 111.23
  • Style Exterior: Traditional/Classical
  • Tax Database Id: 9
  • Tax Item Number: 12-1N-09-3494-001-000
  • Type: Detached Single Family
  • L V T Date: 08/23/2021
  • Street Designation: Highway
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 944
  • Year Built: 1950
  • Directions: Going North on NE Colin Kelly Hwy- Property on L. Sign on property.
  • Elementary School: Madison County Central School
  • Geo Longitude: -83.383804
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Dryer, Refrigerator, Washer, Stove
  • Floor Plan: Story - One
  • Kitchen Dim: 14x11
  • Living Area Description: Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 11x10
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Construction: Siding - Vinyl
  • Number Of Acres: 1.11

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric
  • Water Heater: Electric

Schools

  • Elementary School: Madison County Central School
  • Middle School: Madison County
  • High School: Madison County High School

Lot Info

  • Lot Dimensions: 343x94x303x207
  • Geo Subdivision: FL

Tax Info

  • Taxes: 1812
  • Assessor Parcel Number: 12079-12-1N-09-3494-001-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Jan 21, 2022
Sold by
Browning Jr Edwin B and Browning Faye T
Bought by
Bowen Patrick and Bowen Alexis
Seller's Agent
Jerrod Trainer
Jerrod A Trainer & Associates
Buyer's Agent
Jessica Groover
Southern Land & Homes
List Price
$200,000
Sold Price
$105,000
Premium/Discount to List
-$95,000
-47.5%
Current Estimated Value
$163,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,767
Avg. Annual Appreciation
13.26%
Original Mortgage
$99,750
Outstanding Balance
$81,490
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$82,277

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bass Cathy and Cherry Cathy Sue
Bought by
Edwin & Faye Rentals Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Foster Ernestine and Foster J
Bought by
Cherry Cathy
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
Bowen Patrick $105,000 Smith Abstract & Title
Edwin & Faye Rentals Llc $50,000 Attorney
Cherry Cathy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Patrick $99,750
Previous Owner Bass Cathy F $15,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $105,000 -47.5% $111 / Sq Ft
08/23/2021 08/23/21 For Sale $200,000 0.0% $212 / Sq Ft
03/24/2017 03/24/17 Rented $600 0.0% --
01/30/2017 01/30/17 For Rent $600 0.0% --
02/28/2013 02/28/13 Rented $600 -13.7% --
02/22/2013 02/22/13 Under Contract -- -- --
01/18/2013 01/18/13 For Rent $695 -- --
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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 $1,296 $83,642 $5,535 $78,107
2023 $1,174 $81,589 $5,032 $76,557
2022 $1,121 $65,352 $3,900 $61,452
2021 $1,878 $85,555 $4,218 $81,337
2020 $1,215 $83,811 $3,996 $79,815
2019 $1,029 $62,405 $3,996 $58,409
2018 $1,607 $60,233 $0 $0
2017 $1,592 $58,609 $3,996 $54,613
2016 $1,469 $59,518 $3,996 $55,522
2015 $1,515 $60,758 $4,329 $56,429
2014 $1,652 $68,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 336489

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 12-1N-09-3494-001-000