NOT LISTED FOR SALE

3703 Lady Banks Ln NW Huntsville, AL 35806

Research Park Neighborhood

Estimated Value: $229,000 - $250,000

3 Beds
2 Baths
1,310 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $177,000 $135 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,334/month

About This Home

Move-in ready 3 bedroom 2 full bath adorable home with an attached 2 car garage. New carpet throughout! Plantation shutters give the home an upgraded finished look. Living room has wood burning fireplace and 10+ foot ceilings! Eat in kitchen that is flooded with day light. Large isolated owners suite with walk-in closets and ensuite bath. 2 additional bedroom share bath 2. Enjoy the .42 acre lot in a cul de sac from your back deck.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Gresham Shawn and Gresham Melinda A
Bought by
Gresham Emma L
Current Estimated Value
$236,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Outstanding Balance
$161,967
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$74,305

Purchase Details

Listed on
Feb 8, 2021
Closed on
Feb 26, 2021
Sold by
Nixon Joshua Wayne and Nixon Shelbey Alice
Bought by
Gresham Shawn
Seller's Agent
Robin Cotton
CRYE-LEIKE REALTORS - Madison
Buyer's Agent
Linda Scarborough
Sage Realty Group, LLC
List Price
$150,000
Sold Price
$177,000
Premium/Discount to List
$27,000
18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
Mar 15, 2014
Closed on
May 15, 2014
Sold by
Mortensen Chad and Mortensen Kansas
Bought by
Nixon Joshua Wayne and Nixon Shelby Alice
Seller's Agent
Robin Cotton
CRYE-LEIKE REALTORS - Madison
Buyer's Agent
Robin Cotton
CRYE-LEIKE REALTORS - Madison
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$110,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Bissell David J and Bissell Tammy M
Bought by
Mortensen Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gresham Emma L $178,000 None Available
Gresham Shawn $177,000 None Available
Nixon Joshua Wayne $116,000 None Available
Mortensen Chad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gresham Emma L $178,000
Previous Owner Nixon Joshua Wayne $110,200
Previous Owner Mortensen Chad $123,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Off Market $177,000 -- --
02/26/2021 02/26/21 Sold $177,000 +18.0% $135 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $150,000 +29.3% $115 / Sq Ft
08/13/2014 08/13/14 Off Market $116,000 -- --
05/15/2014 05/15/14 Sold $116,000 -7.2% $89 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $125,000 -- $95 / Sq Ft

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 $1,160 $19,640 $3,260 $16,380
2023 $1,091 $19,200 $3,260 $15,940
2022 $995 $17,980 $3,260 $14,720
2021 $752 $13,800 $2,000 $11,800
2020 $671 $12,400 $2,000 $10,400
2019 $648 $12,000 $2,000 $10,000
2018 $628 $11,660 $0 $0
2017 $628 $11,660 $0 $0
2016 $628 $11,660 $0 $0
2015 $628 $11,660 $0 $0
2014 $639 $11,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Cotton

    Seller's Agent in 2021

    Robin Cotton

    Crye-Leike

    (256) 520-1932

    12 in this area

    160 Total Sales

    Robin Cotton
    Section Image
  • Linda Scarborough

    Buyer's Agent in 2021

    Linda Scarborough

    Sage Realty Group, LLC

    (256) 585-4428

    2 in this area

    7 Total Sales

    Linda Scarborough
    Section Image
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Map

Alabama Madison County Huntsville 35806 Research Park

3703 Lady Banks Ln NW, Huntsville, AL

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