NOT LISTED FOR SALE

347 NE Ridge Loop Madison, FL 32340

Estimated Value: $235,000 - $303,000

4 Beds
2 Baths
1,926 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2020

Last sale price $137,000 $71 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,550 / mo

32 Days on Market

Highlights

  • Deck
  • Cottage
  • Fireplace
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of June 2020

BACK ON MARKET! Great time for a good Deal!! Lovely maintained home on beautiful private wooded lot, 4 bedrooms, 2 bath, located in Cherry Lake, close to the crossroads. Improvements made throughout the home including new flooring, freshly painted rooms and exterior, new sliding glass door, new pantry added to the kitchen. This is a MUST SEE!

Last Agent to Sell the Property

Ann Sapp

Madison Realty Group, LLC License #582078 Listed on: 12/02/2019

Last Buyer's Agent

Rebecca Shelton

Xcellence License #3433696

Xcellence

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1 Acre Lot
  • Fenced
  • Unpaved Streets

Parking

  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 1,926 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Separate Family Room
  • Separate Formal Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Pinetta Elementary School-Madison County
  • Madison County Middle School
  • Madison County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12079-00-00-00-3160-006-001

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

1 Acres

Listing Details

  • Class: Residential
  • Metes Bounds: Yes
  • Miscellaneous: 9 + Foot Ceilings, Deck, Fenced, Septic Tank
  • Road Frontage Type: Unpaved
  • Sold Price Per Sq Ft: 71.13
  • Style Exterior: Cottage
  • Tax Database Id: 9
  • Tax Item Number: 00-00-00-3160-006-001
  • Type: Detached Single Family
  • L V T Date: 04/10/2020
  • Street Designation: Loop
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1926
  • Year Built: 1925
  • Directions: E Hwy 90 Left on Washington (Hw 53 N), R @ Cherry Lake Crossroads, L on Ridge Loop. Sign on Left!
  • Elementary School: Pinetta Elementary School-Madison County
  • Geo Longitude: -83.408556
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Laminate/Pergo Type
  • Equipment: Dryer, Microwave, Refrigerator, Washer, Stove
  • Fireplace: Yes
  • Floor Plan: Story - One
  • Kitchen Dim: 12x17
  • Living Area Description: Separate Family Room, Kitchen with Bar, Kitchen - Eat In, Separate Kitchen, Separate Living Room
  • Master Bedroom Dim: 12x14
  • Other Rooms: Porch - Covered, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Number Of Acres: 1

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling, Heat Pump
  • Water Heater: Electric
  • Utility Provider: COMM: Well

Lot Info

  • Lot Dimensions: 178x267x151x282
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12079-00-00-00-3160-006-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jun 5, 2020
Sold by
Roberts Michelle M
Bought by
Starling Joseph Jordan and Starling Hayley
Seller's Agent
Ann Sapp
Madison Realty Group, LLC
Buyer's Agent
Rebecca Shelton
Xcellence
List Price
$137,000
Sold Price
$137,000
Current Estimated Value
$264,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,311
Avg. Annual Appreciation
11.85%
Original Mortgage
$138,383
Outstanding Balance
$121,818
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$142,493

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 2, 2016
Sold by
Madison County Community Bank
Bought by
Roberts Michelle M
Seller's Agent
Beth Meggs
Madison Realty Group, LLC
Buyer's Agent
Ann Sapp
Madison Realty Group, LLC
List Price
$99,995
Sold Price
$67,500
Premium/Discount to List
-$32,495
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%
Original Mortgage
$65,247
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2008
Sold by
Oberschlake William and Oberschlake Amanda L
Bought by
Oberschlake William D and Oberschlake Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,195
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Oberschlake William and Mathews Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2007
Sold by
Ayala Pedro and Smith Arthur G
Bought by
Hsbc Bank Usa Na and Renaissance Home Equity Loan Trust 2005-

Purchase Details

Closed on
May 19, 2005
Sold by
Glossup Joe and Glossup Colleen
Bought by
Ayala Pedro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Starling Joseph Jordan $137,000 Smith Abstract & Title Llc
Roberts Michelle M $67,500 Smith Abstract & Title Llc
Oberschlake William D -- Attorney
Oberschlake William $47,000 Attorney
Hsbc Bank Usa Na -- None Available
Ayala Pedro $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starling Joseph Jordan $138,383
Previous Owner Roberts Michelle M $65,247
Previous Owner Oberschlake William D $108,195
Previous Owner Oberschlake William $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2020 06/05/20 Sold $137,000 0.0% $71 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $137,000 +103.0% $71 / Sq Ft
06/03/2016 06/03/16 Sold $67,500 -32.5% $48 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
01/15/2015 01/15/15 For Sale $99,995 -- $70 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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 $1,780 $134,494 -- --
2024 $1,749 $130,704 -- --
2023 $1,619 $126,897 $0 $0
2022 $1,576 $123,201 $0 $0
2021 $1,572 $119,613 $3,800 $115,813
2020 $802 $65,807 $0 $0
2019 $798 $64,327 $3,600 $60,727
2018 $806 $63,915 $0 $0
2017 $746 $53,463 $3,600 $49,863
2016 $1,146 $53,487 $3,600 $49,887
2015 $1,159 $53,077 $3,900 $49,177
2014 $563 $44,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 317809

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 00-00-00-3160-006-001

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