NOT LISTED FOR SALE

301 Mercer Dr Madison, AL 35756

Estimated Value: $965,000 - $1,189,000

5 Beds
5.5 Baths
6,363 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2023

Last sale price $990,500 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,330 / mo

270 Days on Market

Highlights

  • 1.05 Acre Lot
  • 2 Fireplaces
  • Great Room
  • Heritage Elementary School Rated A+
  • Sun or Florida Room
  • Sitting Room

About This Home

As of October 2023

**LEASE TO PURCHASE OPTION**Extremely rare find: 2 Primary Suites with ensuite baths on the first floor**Stunning home w/ ideal combination of formal spaces & comfortable family areas. Main floor formal living area w/ 20 ft ceiling and dining area w/ immaculate wood flooring. Kitchen features planning desk, double oven, and breakfast nook. Isolated primary suite 1 has large ensuite bath and 2 walk in closets. Primary suite 2 includes large ensuite bath as well. Both located on 1st level. 3 remaining beds all w/ ensuite baths feature walk in closets located on 2nd level. Large sunroom in back stretches the length of the home. Laundry rooms on both levels. Tornado shelter on 1st floor.

Last Agent to Sell the Property

Jill Heffernan

Keller Williams Realty Madison License #65488 Listed on: 10/21/2022

Keller Williams Realty Madison

Co-Listed By

Britt Heffernan

Keller Williams Realty Madison License #122502

Last Buyer's Agent

Shanisha Hall

Keller Williams Realty Madison License #148535

Keller Williams Realty Madison

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.05 Acre Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,363 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Community Details

  • Heritage Plantation Homeowners Association Inc Association
  • Waterford Subdivision

Listing and Financial Details

  • Tax Lot 343
  • Assessor Parcel Number 1701010000012.343

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1.05 Acres

HOA Fees

$50 per month

Listing Details

  • Living Area: 6363
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Subdivision Name: Waterford
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Appliances: Cooktop, Dishwasher, Double Oven, Microwave
  • Levels: Two
  • Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Dining Room Type: Foyer, Master Bedroom, Living Room, Dining Room, Bedroom 3, Kitchen, Bedroom 4, Breakfast, Great Room, Bedroom, Master BR2, Sun, Sitting Room, Bath:EnsuiteFull, Bath:Guest1/2

Exterior Features

  • Construction Type: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Heritage Plantation Homeowners Association Inc
  • Association: Yes

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 1701010000012.343
  • Lot Size Sq Ft: 45738

Green Features

Tax Info

  • Tax Lot: 343

MLS Schools

  • Elementary School: Heritage
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Sep 29, 2023
Sold by
Chiyyarath Ulpala L
Bought by
Jeuron Mcmillan J
Seller's Agent
Jill Heffernan
Keller Williams Realty Madison
Buyer's Agent
Shanisha Hall
Keller Williams Realty Madison
List Price
$1,300,000
Sold Price
$990,500
Premium/Discount to List
-$309,500
-23.81%
Views
414
Current Estimated Value
$1,063,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,365
Avg. Annual Appreciation
2.86%
Original Mortgage
$726,200
Outstanding Balance
$709,484
Interest Rate
7.2%
Mortgage Type
Construction
Estimated Equity
$354,381

Purchase Details

Closed on
Apr 9, 2007
Sold by
Paul Jackson Construction Inc
Bought by
Chiyyarath Shanmukhan and Chiyyarath Ulpala L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.1%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Chiyyarath Shanmukhan and Chiyyarath Ulpala
Bought by
Paul Jackson Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Zbell Paul and Zbell Tonya
Bought by
Chyyarath Shanmukhan and Chyyarath Ulpala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Jeuron Mcmillan J $990,500 Title Order Nbr Only
Chiyyarath Shanmukhan -- --
Paul Jackson Construction Inc -- --
Chyyarath Shanmukhan $118,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeuron Mcmillan J $726,200
Previous Owner Chiyyarath Shanmukhan $103,000
Previous Owner Chiyyarath Shanmukhan $417,000
Previous Owner Paul Jackson Construction Inc $640,000
Previous Owner Chyyarath Shanmukhan $106,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2026 04/13/26 Off Market $990,500 -- --
10/05/2023 10/05/23 Sold $990,500 -7.9% $156 / Sq Ft
06/05/2023 06/05/23 Price Changed $1,075,000 -1.8% $169 / Sq Ft
05/01/2023 05/01/23 Price Changed $1,095,000 -4.8% $172 / Sq Ft
03/10/2023 03/10/23 Price Changed $1,150,000 -4.2% $181 / Sq Ft
12/12/2022 12/12/22 Price Changed $1,200,000 -5.9% $189 / Sq Ft
11/07/2022 11/07/22 Price Changed $1,275,000 -1.9% $200 / Sq Ft
10/21/2022 10/21/22 For Sale $1,300,000 -- $204 / Sq Ft
Source: ValleyMLS.com

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
2025 $7,681 $107,280 $0 $0
2024 $7,681 $105,060 $0 $0
2023 $7,521 $106,980 $0 $0
2022 $6,563 $91,020 $0 $0
2021 $5,879 $81,520 $0 $0
2020 $5,334 $73,940 $0 $0
2019 $4,487 $74,620 $0 $0
2018 $3,718 $61,800 $0 $0
2017 $3,708 $61,800 $0 $0
2016 $3,708 $617,900 $0 $0
2015 $3,718 $61,800 $0 $0
2014 $3,648 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1821155

ValleyMLS.com

APN: 17-01-01-0-000-012.343

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