NOT LISTED FOR SALE

325 Pension Row Madison, AL 35758

Estimated Value: $327,000 - $499,000

0.18 Acre
$2,145,722 Price per Acre
7,841 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $50,000

Est. 672% increase in value since last sale

Current estimated payment $2,252/month

7 Days on Market

Highlights

  • Partially Fenced Property
  • Madison Elementary School Rated A+
  • Level Lot

About This Lot

As of March 2023

Nice Level Lot in Madison City!!! Ready to build your dream Home on. Madison City Schools. Close to downtown Madison, I565, Parks, Shopping, Madison City Hall, and much more!!! Survey completed.

Last Agent to Sell the Property

Pamela Hamilton

RE/MAX Unlimited License #97774 Listed on: 02/08/2023

RE/MAX Unlimited

Last Buyer's Agent

Blake Cantrell

Kendall James Realty License #81009

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,601

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1604171000127.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,601

Lot Details

0

Listing Details

  • Current Use: See Remarks
  • Property Sub Type: LOT
  • Prop. Type: Land
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Subdivision Name: Metes And Bounds
  • Special Features: None

Exterior Features

  • Fencing: Partial
  • Lot Features: Level

Utilities

  • Sewer: Public Sewer
  • Electric: See Remarks
  • Electricity On Property: No
  • Water Source: Public

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Parcel Number: 1604171000127.000
  • Lot Size Sq Ft: 7840.799999
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Madison (K-6)
  • High School: Jamesclemens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Mhh Inc
Bought by
Harris Mark E
Current Estimated Value
$386,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Outstanding Balance
$326,442
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$59,788

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 10, 2023
Sold by
Patel Vipulkumar M
Bought by
Mhh Inc
Seller's Agent
Pamela Hamilton
RE/MAX Unlimited
Buyer's Agent
Blake Cantrell
Kendall James Realty
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.23%
Original Mortgage
$320,000
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 2, 2023
Sold by
Santos-Victoriano Gustavos
Bought by
Patel Vipulkumar M
Seller's Agent
Pamela Hamilton
RE/MAX Unlimited
Buyer's Agent
Blake Cantrell
Kendall James Realty
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 2015
Sold by
Ross Joel
Bought by
Santos Gustavos and Cerimaldo Victoria Ana C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Harris Mark E $345,400 None Listed On Document
Harris Mark E $345,400 None Listed On Document
Mhh Inc $50,000 None Listed On Document
Mhh Inc $50,000 None Listed On Document
Patel Vipulkumar M $26,500 --
Patel Vipulkumar M $26,500 None Listed On Document
Santos Gustavos $1,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Mark E $329,000
Closed Harris Mark E $329,000
Previous Owner Mhh Inc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $50,000 -16.5% --
02/19/2023 02/19/23 Off Market $59,900 -- --
02/07/2023 02/07/23 For Sale $59,900 -- --
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
2025 $2,601 $37,280 $420 $36,860
2024 $2,601 $21,640 $420 $21,220
2023 $1,514 $820 $820 $0
2022 $57 $820 $820 $0
2021 $57 $820 $820 $0
2020 $50 $720 $720 $0
2019 $41 $720 $720 $0
2018 $41 $720 $0 $0
2017 $41 $720 $0 $0
2016 $41 $720 $0 $0
2015 $41 $720 $0 $0
2014 $41 $720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Hamilton

    Seller's Agent in 2023

    Pamela Hamilton

    RE/MAX

    (256) 468-6443

    9 in this area

    92 Total Sales

    Pamela Hamilton
    Section Image
  • Blake Cantrell

    Buyer's Agent in 2023

    Blake Cantrell

    Kendall James Realty

    (256) 527-8468

    21 in this area

    256 Total Sales

    Blake Cantrell
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1827440

ValleyMLS.com

APN: 16-04-17-1-000-127.000

Alabama Madison County Madison 35758

325 Pension Row, Madison, AL

Not Listed for Sale

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