NOT LISTED FOR SALE

3131 James Madison Dr E Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $512,843 - $579,000

5 Beds
6 Baths
4,997 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $370,000 $74 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,293/month

13 Days on Market

Highlights

  • Garage Apartment
  • Recreation Room
  • Wood Flooring
  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • High Ceiling

About This Home

As of July 2019

NEW ROOF - May 2019! Lovely executive home with all the amenities you would want or need! Large formal living (Office), formal dining and huge family room. Master suite on main floor with glamour bath. Home features crown molding and hardwood. Kitchen has low maintenance split brick floors, solid surfaces and double oven. Plantation Shutters too! Lower "in-law" apartment is fully contained with kitchen (appliances stay), bedroom, bonus room, plus 1.5 bath and a laundry room! (13K generator services this area!) This apartment space is included in square footage. Work shop in over-sized garage area. Lovely fountain in front. 3 HVAC systems!

Last Agent to Sell the Property

Martha Adams

Better Homes and Gardens Mobil License #46153 Listed on: 03/21/2019

Better Homes and Gardens Mobil

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Landscaped
  • Few Trees

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Dimensional Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 4,997 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Utility Room Outside
  • Termite Clearance

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Garage Apartment
  • Automatic Garage Door Opener

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Dwelling with Separate Living Area

Listing and Financial Details

  • Assessor Parcel Number R023302102000086.017

Community Details

Overview

  • Madison Place Subdivision

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 1998

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Slab, Walk-Out
  • Construction Status: Resale
  • Intersecting Street: Knollwood
  • Property Amenities: Automatic Garage Door, Cable, Ceiling Fan(s), Covered Patio, En-Suite, Fenced, Garage Apartment, High Ceilings, Patio, Split Bedroom Plan, Termite Contract
  • Property Type: Residential Detached
  • Style: Traditional
  • Zoning Area: Single Family Residence
  • Owners Association: Yes
  • Parcel Id Tax Id: R023302102000086.017
  • Year Built: 1998
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Madison Place
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 4997
  • Bathrooms: 4
  • Bedroom 2: Dimensions: 15x12, On Level: 2
  • Bedroom 3: Dimensions: 13x11, On Level: 2
  • Bedroom 4: Dimensions: 13x11, On Level: 2
  • Bedrooms: 5
  • Dining Area: Dimensions: 14x14, On Level: Main Level
  • Dining Area Type: Breakfast Bar, Separate Dining Room
  • Fireplace: Great Room
  • Floors: Carpet, Tile, Wood
  • Great Room: Dimensions: 20x24, On Level: Main Level
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 16x14, On Level: Main Level
  • Living Room: Dimensions: 14x14, On Level: Main Level
  • Master Bed: Dimensions: 16x16, On Level: Main Level
  • Number Of Fireplaces: 1
  • Other Rooms: Basement-Full, Bonus Room, Foyer, Separate Living Suite, Office/Study, Recreation Room, Utility Room-Inside, Utility Room-Outside, Basement-Walk Out
  • Price Per Sq Ft: 74.04
  • Property Interior Stories: 3
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Separate Shower, 1st Floor Primary, Sitting Area, Walk In Closet

Exterior Features

  • Exterior Finish: Brick
  • Roof: Dimensional
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Gas
  • Utilities: Gas-Natural, Sewage-City, Underground Utilities, Alabama Power, Mobile Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fees: 250
  • Community Amenities: Fencing, Landscaping

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Green Features

  • Energy Saving Features: Ceiling Fan(s), Double Pane Windows, Ridge Vent

Lot Info

  • Lot Block Unit: 17
  • Lot Description: Less Than 1 Acre, Some Trees

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 2241
  • Assessor Parcel Number: 00085367

MLS Schools

  • Elementary School: Not Baldwin County
  • HighSchool: Not Baldwin County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jun 12, 2019
Sold by
Tully Bonnie Anne and Tully Kenneth L
Bought by
Chappell Brian and Chappell Jeanna
Seller's Agent
Martha Adams
Better Homes and Gardens Mobil
Buyer's Agent
Non Member
Non Member Office
List Price
$410,000
Sold Price
$370,000
Premium/Discount to List
-$40,000
-9.76%
Current Estimated Value
$558,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,211
Avg. Annual Appreciation
6.15%
Original Mortgage
$329,300
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2011
Sold by
Murrill James E and Murrill Marna B
Bought by
Tully Bonnie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chappell Brian $370,000 None Available
Tully Bonnie Anne $389,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chappell Brian $91,000
Open Chappell Jeanna $442,500
Closed Chappell Jeanna $83,000
Closed Chappell Jeanna $332,000
Closed Chappell Brian $329,300
Previous Owner Tully Bonnie Anne $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $370,000 0.0% $74 / Sq Ft
07/25/2019 07/25/19 Sold $370,000 -5.1% $74 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
05/29/2019 05/29/19 Price Changed $389,900 -2.0% $78 / Sq Ft
05/06/2019 05/06/19 Price Changed $397,700 -3.0% $80 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $410,000 -- $82 / Sq Ft
Source: Baldwin 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 $2,846 $45,700 $5,000 $40,700
2023 $2,606 $41,920 $5,250 $36,670
2022 $2,530 $40,890 $5,250 $35,640
2021 $2,275 $36,870 $5,250 $31,620
2020 $2,304 $37,320 $5,250 $32,070
2019 $2,216 $35,960 $0 $0
2018 $2,241 $36,340 $0 $0
2017 $2,216 $35,960 $0 $0
2016 $2,266 $36,740 $0 $0
2013 $2,439 $39,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 281365

Baldwin REALTORS®

APN: 33-02-10-2-000-086.017