NOT LISTED FOR SALE

3118 James Madison Dr E Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $377,000 - $517,000

4 Beds
3 Baths
3,000 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $400,000 $133 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,586/month

1 Day on Market

Highlights

  • Open-Concept Dining Room
  • Gated Community
  • Creole Architecture
  • In Ground Pool
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2021

Seller will consider offers between $349000-399000. Fantastic and Remodeled Home in Prestigious Madison Place!!! Upon arrival, you will immediately notice the exquisite decorative touches with the tongue and groove ceiling on the sprawling front porch! You’ll fall in love with this amazing bright and open floorplan, inground swimming pool and lots of privacy! This owner has just made over $50,000 in updates including new spectacular kitchen with granite/quartzite counters that resemble Carrera Marble, but with the resilience of quartzite. Huge island offers a new gas range, and lots of bar space for prep and seating! Updated lighting, fixtures and hardware will impress, along with the incredibly large walk-in pantry, and wet bar/butler’s serving area, perfect for a coffee bar and display of fine collectibles. There are 2 large dining areas, one separate and more formal which could be used for extra living room or office space too! This home has tons of extra storage throughout, with large walk-in closets in each bedroom, and an additional exterior workshop area. This home is primed with gorgeous Australian Cypress hardwood floors throughout, in all living areas and bedrooms too, so the elegance flows through. You’ll appreciate the spacious downstairs master suite, with double vanities, jetted tub, separate shower and private water closet, as well as his and her walk-in closets, one with exceptional custom closet storage updates! There is an additional bedroom downstairs with another full bath, which also has access to the outdoor entertaining area for convenience! Upstairs, there are 2 additional large bedrooms and a shared full bath with wide double vanity, lots of built-ins and window seats to add charm and function. There are 2 huge floored attic spaces, one that could easily be finished to provide additional bonus space (which the sellers have plans for if requested!). Outdoors, you can entertain in style with tons of covered porch areas, sparkling inground pool, new 8’ privacy fence with gorgeous established landscaping with specialty clumping, non invasive, non spreading, bamboo for great privacy border. This home has so many benefits that you will love! Time to make a move to Madison Place today! HOA is $250/year. Architectural Roof approx 7 yrs old.

Last Agent to Sell the Property

Leslie Davis

Keller Williams Mobile License #72650 Listed on: 06/18/2021

Keller Williams Mobile

Last Buyer's Agent

Don Mayes

Keller Williams AGC Realty-Da License #91458

Keller Williams AGC Realty-Da

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1991

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 112' x 171'
  • Cul-De-Sac

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Creole Architecture
  • Ridge Vents on the Roof
  • Wood Siding
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Family Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Pool Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Side Facing Garage

Outdoor Features

  • In Ground Pool
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

  • Olive J Dodge Elementary School
  • Burns Middle School
  • Murphy High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3302102000086045

Community Details

Overview

  • Madison Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 1991

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 45 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
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: High Ceilings 9 ft Main, Vaulted, Walk-In Closet(s), Wet Bar
  • Kitchen Features: Breakfast Bar, Breakfast Room, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 3000.00
  • Spa Features: None
  • Window Features: Double Panes, Shutters, Storm Window(s)

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, Soaking Tub, Whirlpool Tub

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Brick Front, Vinyl Siding, Wood Siding
  • Roof Type: Ridge Vents
  • Patio And Porch Features: Front Porch, Patio, Rear Porch
  • Exterior Features: Storage
  • Pool Features: In Ground
  • View: Pool
  • Pool Private: Yes
  • Foundation: None

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Attached, Carport, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: MADISON PLACE

Schools

  • Elementary School: Olive J Dodge
  • Middle School: Burns
  • High School: Murphy

Lot Info

  • Acres: 0.4300
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 112' x 171'
  • Parcel Number: 3302102000086045
  • Price Acre Dollar: 930232.56
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 33-02-10-2-000-086.045
  • Close Date: 2021-07-27

MLS Schools

  • Elementary School: Olive J Dodge
  • High School: Murphy
  • Middle School: Burns

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 27, 2021
Sold by
Conner Jason P and Conner Margaret W
Bought by
Gerceski Marcelo B and Leite Eliana M
Seller's Agent
Leslie Davis
Keller Williams Mobile
Buyer's Agent
Don Mayes
Keller Williams AGC Realty-Da
List Price
$349,399
Sold Price
$400,000
Premium/Discount to List
$50,601
14.48%
Current Estimated Value
$438,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,857
Avg. Annual Appreciation
2.59%
Original Mortgage
$320,000
Outstanding Balance
$294,218
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$149,352

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 31, 2016
Sold by
Nice Daniel L and Nice Susan A
Bought by
Conner Jason P and Conner Margaret W
Seller's Agent
Charles Plyler
Lifestyle Realty
Buyer's Agent
Charles Hayes
Charles Hayes Real Estate
Sold Price
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$224,800
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 16, 2012
Sold by
Mohler Janice F
Bought by
Nice Daniel L and Nice Susan A
Seller's Agent
Sam Winter
Sam Winter and Company, Inc
Buyer's Agent
Charles Plyler
Lifestyle Realty
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$229,500
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Gerceski Marcelo B $400,000 Surety Land Title
Conner Jason P $281,000 None Available
Nice Daniel L $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerceski Marcelo B $320,000
Previous Owner Conner Jason P $204,000
Previous Owner Conner Jason P $224,800
Previous Owner Nice Daniel L $229,500
Previous Owner Mohler Janice F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $400,000 +14.5% $133 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $349,399 +24.3% $116 / Sq Ft
03/31/2016 03/31/16 Sold $281,000 +10.2% $97 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
11/16/2012 11/16/12 Sold $255,000 -- $89 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association 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 $1,941 $31,450 $5,000 $26,450
2023 $1,941 $28,660 $5,250 $23,410
2022 $3,523 $27,740 $5,250 $22,490
2021 $1,715 $28,030 $5,250 $22,780
2020 $1,750 $28,610 $5,250 $23,360
2019 $1,691 $27,660 $5,250 $22,410
2018 $1,708 $27,960 $0 $0
2017 $1,708 $27,960 $0 $0
2016 $1,575 $25,860 $0 $0
2013 -- $56,060 $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: 0653567

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-10-2-000-086.045