NOT LISTED FOR SALE

324 Falling Water Ln SW Madison, AL 35756

Lake Forest Neighborhood

Estimated Value: $200,000 - $239,000

2 Beds
2.5 Baths
1,304 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $232,000 $178 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,414/month

Highlights

  • Front Porch
  • Central Heating and Cooling System
  • 2 Car Garage
  • Patio

About This Home

As of April 2024

Close to Gate 7 RSA, Research Park, Toyota Ball Field and many new restaurants. Beautiful end unit townhome. Lvp in Lr and DR. Two bedrooms and three baths plus dining room, family room and laundry. Upstairs has the owners suite with walk in closet, bath, and guest bedroom with full sized bath. Two car garage and private patio. Outside maintenance and lawn care included. Community amenities include clubhouse, pool, exercise facility, tennis courts and basketball court. Conveniently located within minutes of the Huntsville International Airport, Redstone Arsenal and Town Madison/Toyota Field. 18 mo lease considered w dis. Good Credit R'qd. App fee $55 Pets case-by-case..

Last Agent to Rent the Property

Terry Lampiasi

Lampiasi Real Estate License #19611 Listed on: 03/22/2024

Last Renter's Agent

Terry Lampiasi

Lampiasi Real Estate License #19611 Listed on: 03/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • 2011

Lot Details

  • 3,398

Parking

  • 2 Car Garage

Interior Spaces

  • 1,304 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Promenade At River Landng Subdivision

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Tax Lot 165

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

2011

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Living Area: 1304
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Subdivision Name: Promenade At River Landng
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: First
  • Special Features: None
  • Year Built: 2011

Interior Features

  • Total Bedrooms: 2
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 208
  • Room Kitchen Area: 121
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 169
  • Room Dining Room Area: 100

Exterior Features

  • Exterior Features: Curb/Gutters, Sidewalk
  • Patio And Porch Features: Patio, Front Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Two Car Garage

Utilities

  • Heating: Central 1
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: na
  • Tax Lot: 165

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2015
Sold by
Tcherneshoff Samantha D
Bought by
Pearson Timothy A
Current Estimated Value
$221,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,338
Outstanding Balance
$87,573
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$137,206

Purchase Details

Closed on
Nov 1, 2013
Sold by
Promenade At River Landing L P
Bought by
Tcherneshoff Samantha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,770
Interest Rate
4.26%
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
Pearson Timothy A -- None Available
Tcherneshoff Samantha D $126,770 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Timothy A $111,338
Previous Owner Tcherneshoff Samantha D $126,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Off Market $1,495 -- --
09/26/2024 09/26/24 For Rent $1,495 0.0% --
09/22/2022 09/22/22 Sold $232,000 +5.5% $178 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $220,000 -- $169 / 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 $2,318 $39,960 $9,000 $30,960
2023 $2,318 $39,960 $9,000 $30,960
2022 $1,024 $18,480 $4,500 $13,980
2021 $691 $12,740 $2,500 $10,240
2020 $583 $10,870 $2,500 $8,370
2019 $560 $10,470 $2,500 $7,970
2018 $563 $10,540 $0 $0
2017 $563 $10,540 $0 $0
2016 $607 $11,300 $0 $0
2015 $607 $11,300 $0 $0
2014 -- $25,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Stewart

    Seller's Agent in 2022

    Bill Stewart

    Stewart & Associates RE, LLC

    (256) 337-8609

    4 in this area

    83 Total Sales

    Section Image
  • Loraine Cordule

    Buyer's Agent in 2022

    Loraine Cordule

    L&W Real Estate Services

    (256) 726-0016

    3 in this area

    14 Total Sales

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 21856202

ValleyMLS.com

APN: 25-02-09-0-000-002.246

Alabama Madison County Madison 35756 Lake Forest

324 Falling Water Ln SW, Madison, AL

This home is located at 324 Falling Water Ln SW, Madison, AL 35756 since 22 March 2024 and is currently priced at $221,133. This property was built in 2011. 324 Falling Water Ln SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

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