NOT LISTED FOR SALE

325 Pension Row Madison, AL 35758

Estimated Value: $320,000 - $368,841

3 Beds
2.5 Baths
2,138 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2023

Last sale price $50,000 $23 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $2,054 / mo

Highlights

  • New Construction
  • Bonus Room
  • Two cooling system units
  • Madison Elementary School Rated A+
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of October 2024

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 Rent the Property

Rebecca Lowrey

Re/Max Distinctive License #63537 Listed on: 10/03/2024

Re/Max Distinctive

Last Renter's Agent

Tracy DeGraaff

Re/Max Distinctive License #106043

Re/Max Distinctive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 2,138 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Family Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Schools

  • Liberty Elementary School
  • Jamesclemens High School

Utilities

  • Two cooling system units
  • Central Heating
  • Tankless Water Heater

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

7,841 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Living Area: 2138
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.18
  • Subdivision Name: Metes And Bounds
  • New Construction: Yes
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Disposal, Microwave, Range, Tankless Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Dining Room Type: Master Bedroom, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Family Room, Bonus Room, Glabath, Laundry

Exterior Features

  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Garage-Two Car, Garage-Attached, Garage Faces Front

Utilities

  • Heating: Central 1
  • Cooling: Central 2
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Lot Size Sq Ft: 7840.799999999

Green Features

Tax Info

  • Tax Lot: n/a

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
$344,210

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
$17,768

Purchase Details

Listed on
Feb 7, 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
86.33%
Original Mortgage
$320,000
Interest Rate
6.13%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 7, 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 Prior Sale
03/16/2026 03/16/26 Off Market $50,000 -- --
02/10/2025 02/10/25 Off Market $2,200 -- --
10/11/2024 10/11/24 Rented $2,200 +10.0% --
10/03/2024 10/03/24 For Rent $2,000 0.0% --
03/10/2023 03/10/23 Sold $50,000 -16.5% -- View Prior Sale
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

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

  • Rebecca Lowrey

    Landlord's Agent in 2024

    Rebecca Lowrey

    RE/MAX

    (256) 990-4663

    52 in this area

    324 Total Sales

    Rebecca Lowrey
    Section Image
  • Tracy DeGraaff

    Tenant's Agent in 2024

    Tracy DeGraaff

    RE/MAX

    (256) 665-4643

    14 in this area

    135 Total Sales

    Tracy DeGraaff
    Section Image
  • Pamela Hamilton

    Seller's Agent in 2023

    Pamela Hamilton

    RE/MAX

    (256) 468-6443

    8 in this area

    111 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

    323 Total Sales

    Blake Cantrell
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 21872413

ValleyMLS.com

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

Alabama Madison County Madison 35758

325 Pension Row, Madison, AL

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