NOT LISTED FOR SALE

3115 James Madison Dr E Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $363,000 - $408,000

4 Beds
3 Baths
2,771 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $231,000 $83 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,142/month

Highlights

  • Gated Community
  • Traditional Architecture
  • Pool View
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of February 2016

Madison Place is one of those quiet neighborhoods that is nestled off Knollwood Drive, just a few minutes from I-10. This traditional Creole House is ready to be your Home. As you walk up to the front door, you will be welcomed by a true Southern Veranda, otherwise known as a Front Porch! As you enter the Foyer, notice the gleaming hardwood floors. The Office/Living Room is to the right and the formal Dining Room is to the left. The Family Room features built-in cabinetry, a fireplace, access to the Screened Porch and a view of the Pool. The Kitchen features stainless appliances, granite countertops, warm toned cabinetry, and a view of the Pool. The Breakfast Room is at one end of the Kitchen and leads to the 4th Bedroom and 3rd Bathroom. The Master Bedroom Suite is located on the opposite side and features a glamour Bathroom and access to the Screened Porch. Bedrooms 2 and 3 are on this side as well a Bathroom 2. Both rooms are good sized with walk-in closet space. View the whole backyard and Swimming Pool from the back Deck and the Screen Porch. The playground equipment can remain as can the Kitchen Fridge, Washer and Dryer with an acceptable offer. The Garage has a separate workshop that is heated and cooled, and TONS of space under the house for additional storage. Homes in Madison Place usually don't stay on the market for very long, so call for your appointment today.! Possession 1 to 15 days

Last Agent to Sell the Property

Grace Pond

Roberts Realty Group Inc License #71798 Listed on: 11/10/2015

Last Buyer's Agent

Tanner Pettigrew

Roberts Brothers West License #106537

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 100x175
  • Cul-De-Sac
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Creole Architecture
  • Brick Front

Interior Spaces

  • 2,771 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Pool Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Madison Place Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 3302102000086013

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

1 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 13 MADISON PL (AMENDED PLAT) MBK 43 PG 112 #SEC 10 T5S R2W #MP33 02 10 2 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Creole, Traditional
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Brick, Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2771.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Screened
  • View: Pool
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: MADISON PLACE

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 100X175
  • Parcel Number: 3302102000086013
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Feb 29, 2016
Sold by
Musial David Byron
Bought by
Schlosser John and Schlosser Elizabeth
Seller's Agent
Grace Pond
Roberts Realty Group Inc
Buyer's Agent
Tanner Pettigrew
Roberts Brothers West
Sold Price
$231,000
Current Estimated Value
$385,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,455
Avg. Annual Appreciation
5.26%
Original Mortgage
$226,816
Outstanding Balance
$177,862
Interest Rate
3.62%
Estimated Equity
$207,593

Purchase Details

Closed on
Jul 24, 2009
Sold by
Clarke Kurt A and Clarke Jennifer M
Bought by
Maisel David Byron

Purchase Details

Closed on
May 17, 2006
Sold by
Bremac Investments Inc
Bought by
Clarke Kurt A and Clarke Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schlosser John -- --
Maisel David Byron -- Gtc
Clarke Kurt A -- Gtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlosser John $226,816
Closed Schlosser John --
Previous Owner Clarke Kurt A $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $231,000 -- $83 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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 $1,866 $30,360 $6,000 $24,360
2024 $1,866 $28,290 $5,000 $23,290
2023 $1,740 $25,910 $5,250 $20,660
2022 $1,532 $25,160 $5,250 $19,910
2021 $1,532 $25,160 $5,250 $19,910
2020 $1,532 $25,160 $5,250 $19,910
2019 $1,505 $24,740 $5,250 $19,490
2018 $1,505 $24,760 $0 $0
2017 $1,505 $24,760 $0 $0
2016 $1,542 $25,340 $0 $0
2013 $1,639 $26,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0520161

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-10-2-000-086.013

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