NOT LISTED FOR SALE

308 SW Summerset Way Madison, FL 32340

Estimated Value: $148,494 - $212,000

3 Beds
2 Baths
1,080 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $62,900 $58 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,016/month

263 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Combination Dining and Living Room
  • Covered patio or porch
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of October 2014

Quaint and cozy 3/2 home located in great neighborhood. Property features 1/2 acre lot with fenced backyard. There is plenty of room for the little ones to play, or for the family pets to run around. Front yard is framed by a large oak tree which provides plenty of outdoor shade. Home was completely renovated 3 years ago and features stainless steel appliances and a new water heater that is a year old. Backyard also features a large, shady oak that is perfect for Sunday picnics or outdoor enjoyment. Don't miss your chance to see this perfect starter home. Make your appointment now! Located in Madison, Florida, in Madison County, Florida. Just 30 miles south of Valdosta, Georgia.

Last Agent to Sell the Property

Justin Webb

A Main Street Realty Co, LLC License #3288666 Listed on: 02/01/2014

Last Buyer's Agent

Gary Silvernell

Southeastern Land Group, LLC License #3297126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1995

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Utility Room
  • Carpet

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Madison County Middle School
  • Madison County High School

Utilities

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

Community Details

  • Summerset Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / D
  • Assessor Parcel Number 12079-33-1N-09-5131-SSD-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 2
  • Miscellaneous: Fenced - Partial, Septic Tank
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 58.24
  • Style Exterior: Traditional/Classical
  • Subdivision: Summerset
  • Tax Database Id: 9
  • Tax Item Number: 33-1N-09-5131-SSD-002
  • Type: Detached Single Family
  • Street Designation: Way
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1080
  • Year Built: 1995
  • Directions: From Madison, South on Range Ave. R on CR 14. Summerset on R. 5th house down on R. Look for sign.
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -83.4347991943359
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Equipment: Dishwasher, Microwave, Oven(s), Refrigerator, Stove
  • Floor Plan: Story - One
  • Kitchen Dim: 4x10
  • Living Area Description: Combo Living Rm/DiningRm
  • Master Bedroom Dim: 12x10
  • Other Rooms: Porch - Covered, Utility Room - Inside

Exterior Features

  • Construction: Siding - Vinyl
  • Number Of Acres: 0.5

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric
  • Utility Provider: COMM: Well

Schools

  • Elementary School: OTHER COUNTY
  • Middle School: Madison County
  • High School: Madison County High School

Lot Info

  • Lot Dimensions: 210x105
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12079-33-1N-09-5131-SSD-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Jenkins Ernest Ray and Jenkins Diane Elizabeth
Bought by
Jenkins Ernest Ray and Jenkins Diane Elizabeth
Current Estimated Value
$173,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,610
Outstanding Balance
$175,461
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$1,413

Purchase Details

Listed on
Feb 1, 2014
Closed on
Oct 23, 2014
Sold by
Mccormack Mary Margaret and Burkhart Mary Margaret Llewellyn
Bought by
Jenkins Ernest R
Seller's Agent
Justin Webb
A Main Street Realty Co, LLC
Buyer's Agent
Gary Silvernell
Southeastern Land Group, LLC
List Price
$68,000
Sold Price
$62,900
Premium/Discount to List
-$5,100
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$64,252
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Mccormack Mary Margaret Llewellyn

Purchase Details

Closed on
Aug 23, 2010
Sold by
Hutchinson Marjorie and Hutchinson Phillip K
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 30, 2007
Sold by
Hutchinson Phillip K
Bought by
Hutchinson Marjorie and Hutchinson Phillip K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
9.35%
Mortgage Type
Balloon
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
Jenkins Ernest Ray $100 None Listed On Document
Jenkins Ernest R $62,900 Attorney
Mccormack Mary Margaret Llewellyn $41,000 Premium Title Services Inc
Deutsche Bank National Trust Company -- Attorney
Hutchinson Marjorie $38,000 Genuine Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Ernest Ray $175,610
Previous Owner Jenkins Ernest R $139,399
Previous Owner Jenkins Ernest R $73,343
Previous Owner Jenkins Ernest R $64,252
Previous Owner Hutchinson Marjorie $112,500
Previous Owner Hutchinson Philip K $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $62,900 -7.5% $58 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $68,000 -- $63 / Sq Ft
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 $818 $51,843 -- --
2023 $694 $50,333 $0 $0
2022 $670 $48,867 $0 $0
2021 $662 $47,444 $0 $0
2020 $655 $46,789 $0 $0
2019 $640 $45,737 $4,020 $41,717
2018 $648 $45,836 $0 $0
2017 $660 $46,323 $4,020 $42,303
2016 $590 $46,422 $4,020 $42,402
2015 $600 $46,521 $4,020 $42,501
2014 $615 $47,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Justin Webb

    A Main Street Realty Co, LLC

    Section Image

  • G

    Buyer's Agent in 2014

    Gary Silvernell

    Southeastern Land Group, LLC

    Section Image
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Map

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

MLS Number: 242523

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

APN: 33-1N-09-5131-SSD-002

Florida Madison County Madison 32340

308 SW Summerset Way, Madison, FL

This home is located at 308 SW Summerset Way, Madison, FL 32340 since 01 February 2014 and is currently estimated at $176,874, approximately $163 per square foot. This property was built in 1995. 308 SW Summerset Way is a home located in Madison County with nearby schools including Madison County Central School, Madison County High School, and James Madison Preparatory Charter High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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