NOT LISTED FOR SALE

328 Falling Water Ln SW Madison, AL 35756

Lake Forest Neighborhood

Estimated Value: $204,000 - $238,000

2 Beds
2.5 Baths
1,228 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $223,000 $182 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,423/month

87 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • 2 Car Detached Garage
  • Main Floor Primary Bedroom
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of February 2024

This charming 2BR/2.5BA townhome offers all the amenities of resort style living. Minutes from Town Madison, you'll love a quick ride to see minor league baseball or eat at your favorite restaurant. A quick drive to Huntsville, Research Park, and Redstone Arsenal for easy commutes. You'll enjoy the community pool, club house, basketball and tennis courts! The open floor plan and private courtyard make this home perfect for entertaining. Both the primary and secondary bedrooms have private baths and walk in closets. A must see!

Last Listed By

Rob Abercrombie

Capstone Realty Stovehouse License #78097 Listed on: 10/09/2023

Capstone Realty Stovehouse

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 2011

Lot Details

  • 2,178

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 1,228 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 2502090000002.244

Community Details

Overview

  • Property has a Home Owners Association
  • River Landing HOA, Phone Number (256) 464-7010
  • Promenade At River Landng Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,318

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Living Area: 1228
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Subdivision Name: Promenade At River Landng
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2011
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 169
  • Room Kitchen Area: 110
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 169
  • Room Dining Room Area: 100

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached, Garage Door Opener, Two Car Garage, Garage Faces Rear

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Grounds, Tennis Court(s), Pool
  • Association Name: River Landing HOA
  • Phone: 256-464-7010
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 2502090000002.244
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 163

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Feb 1, 2024
Sold by
Promenade At River Land Lp
Bought by
Owens Timothy
Seller's Agent
Rob Abercrombie
Capstone Realty Stovehouse
Buyer's Agent
Sela Davis
Capstone Realty
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Total Days on Market
87
Views
336
Current Estimated Value
$221,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,266
Avg. Annual Appreciation
-0.71%
Original Mortgage
$211,850
Outstanding Balance
$209,531
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$11,479

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

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $223,000 -0.9% $182 / Sq Ft
10/09/2023 10/09/23 For Sale $225,000 -- $183 / 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 $2,143 $36,940 $9,000 $27,940
2021 $1,478 $25,480 $5,000 $20,480
2020 $1,261 $21,740 $5,000 $16,740
2019 $1,215 $20,940 $5,000 $15,940
2018 $1,221 $21,060 $0 $0
2017 $1,221 $21,060 $0 $0
2016 $1,221 $21,060 $0 $0
2015 $1,221 $21,060 $0 $0
2014 $1,365 $23,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Abercrombie

    Seller's Agent in 2024

    Rob Abercrombie

    Capstone Realty Stovehouse

    (256) 652-9500

    13 in this area

    204 Total Sales

    Rob Abercrombie
    Section Image
  • Sela Davis

    Buyer's Agent in 2024

    Sela Davis

    Capstone Realty

    (682) 847-1472

    4 in this area

    90 Total Sales

    Sela Davis
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 21845443

ValleyMLS.com

APN: 25-02-09-0-000-002.244

Alabama Madison County Madison 35756 Lake Forest

328 Falling Water Ln SW, Madison, AL

Homes for Sale in Madison, AL

This home is located at 328 Falling Water Ln SW, Madison, AL 35756 since 09 October 2023 and is currently estimated at $221,734, approximately $180 per square foot. This property was built in 2011. 328 Falling Water Ln SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams P-8 School, and Columbia High School.

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