NOT LISTED FOR SALE

305 Madison Villas Way Madison, AL 35758

Estimated Value: $248,000 - $265,000

2 Beds
2 Baths
1,300 Sq Ft
$196/mo HOA Fee

Last Sold March 31, 2017

Last sale price $142,000 $109 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,636/month

Highlights

  • Open Floorplan
  • Clubhouse
  • Accessible Doors
  • Discovery Middle School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of March 2017

SOLD before circulation. 2 Bedroom, 2 bath condo located in the heart of Madison. Conveniently located near medical, the library, shopping, grocery and many opportunities to dine out. All lawn maintenance and exterior repairs are included in the dues so your time can be your own. Neat, clean and move-in ready.

Last Agent to Sell the Property

Phyllis Bowen

Stewart & Associates RE, LLC License #79034 Listed on: 02/27/2017

Last Buyer's Agent

Phyllis Bowen

Stewart & Associates RE, LLC License #79034 Listed on: 02/27/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 2006

HOA Fees

  • $196 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Doors

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 1602092000001172CONDO

Community Details

Overview

  • Association fees include ext water, water, pest control, sewer, termite contract
  • Executive Real Estate Management Company Association
  • The Villas At Madison Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,251

Year Built

Built in 2006

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Living Area: 1300
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: The Villas At Madison
  • Architectural Style: Open Floor Plan, Ranch/1 Story
  • New Construction: No
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Levels: One
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 2
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 121
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Master Bedroom Area: 144

Exterior Features

  • Common Walls: No One Below
  • Foundation Details: Slab

Utilities

  • Heating: Central 1, Natural Gas
  • Cooling: Central 1
  • Sewer: Private Sewer, Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Pool
  • Association Fee: 196
  • Association Fee Frequency: Monthly
  • Association Name: Executive Real Estate Management Company
  • Association: Yes

Fee Information

  • Association Fee Includes: Ext Water, Water, Pest Control, Sewer, Termite Contract

Schools

  • Middle Or Junior School: Discovery

Lot Info

  • Parcel Number: 1602092000001172CONDO
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 305

MLS Schools

  • Elementary School: West Madison Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Whitaker Roger P and Whitaker Debra C
Bought by
Roger And Debra Whitaker Family Trust
Current Estimated Value
$254,788

Purchase Details

Closed on
Jun 28, 2018
Sold by
Kuhn Waneida
Bought by
Whitaker Roger P and Whitaker Debra C

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 31, 2017
Sold by
The Paul B Schipke Revocable Living Trus
Bought by
The Waneida Kuhn Revocable Mangement Tru
Seller's Agent
Phyllis Bowen
Stewart & Associates RE, LLC
Buyer's Agent
Phyllis Bowen
Stewart & Associates RE, LLC
List Price
$142,000
Sold Price
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Safady Gary M
Bought by
Schipke Paul B

Purchase Details

Closed on
Mar 29, 2006
Sold by
The Villas At Madison Second Section Llc
Bought by
Safady Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Roger And Debra Whitaker Family Trust $167,000 --
Whitaker Roger P $147,000 None Available
The Waneida Kuhn Revocable Mangement Tru $142,000 None Available
Schipke Paul B $137,000 --
Safady Gary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safady Gary M $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Off Market $142,000 -- --
03/31/2017 03/31/17 Sold $142,000 0.0% $109 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $142,000 -- $109 / 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 $1,251 $20,040 $0 $20,040
2023 $1,251 $19,060 $0 $19,060
2022 $1,038 $16,660 $0 $16,660
2021 $987 $15,860 $0 $15,860
2020 $933 $14,990 $0 $14,990
2019 $716 $14,280 $0 $14,280
2018 $664 $13,260 $0 $0
2017 $664 $13,260 $0 $0
2016 $664 $13,260 $0 $0
2015 -- $13,260 $0 $0
2014 -- $13,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ValleyMLS.com

MLS Number: 1063298

ValleyMLS.com

APN: 16-02-09-2-000-001.172-CONDO