NOT LISTED FOR SALE

418 Promenade Dr SW Madison, AL 35756

Lake Forest Neighborhood

Estimated Value: $199,000 - $222,000

2 Beds
3 Baths
1,228 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $117,000 $95 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,363/month

46 Days on Market

About This Home

As of June 2016

This adorable designer 2 bedroom, 2 1/2 bathroom town home is move in ready and is just minutes away from Redstone Arsenal! Private patio, open floor plan, 2 car garage. Community includes a club house, pool, tennis and basketball courts, a playground, and a gym!

Last Agent to Sell the Property

Chris Moore

@Homes Realty Group License #99199 Listed on: 04/09/2016

Co-Listed By

Clayton Joyner

@Homes Realty Group License #108906

Last Buyer's Agent

Jen Kiehn

Legend Realty License #84590

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,134

Lot Details

  • 2,178

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Williams Elementary School
  • Columbia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Gross Builders Association
  • Built by GROSS BUILDERS
  • Promenade At River Landng Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 2502090000002013

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,134

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Living Area: 1228
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Co List Office Mls Id: 137700
  • Subdivision Name: Promenade At River Landng
  • New Construction: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Levels: Two
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 192
  • Room Kitchen Area: 110
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 182
  • Room Dining Room Area: 144

Exterior Features

  • Builder Name: GROSS BUILDERS
  • Foundation Details: Slab

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 103
  • Association Fee Frequency: Monthly
  • Association Name: Gross Builders
  • Association: Yes

Schools

  • Middle Or Junior School: Williams

Lot Info

  • Parcel Number: 2502090000002013
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Tax Lot: 10

MLS Schools

  • Elementary School: Williams
  • High School: Columbia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jun 24, 2016
Sold by
Osby Rachel V
Bought by
Parker Blake William
Seller's Agent
Chris Moore
@Homes Realty Group
Buyer's Agent
Jen Kiehn
Legend Realty
List Price
$115,000
Sold Price
$117,000
Premium/Discount to List
$2,000
1.74%
Current Estimated Value
$214,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,170
Avg. Annual Appreciation
6.72%
Original Mortgage
$93,600
Outstanding Balance
$46,208
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$166,403

Purchase Details

Closed on
Jul 9, 2009
Sold by
Promenade At River Landing Lp
Bought by
Osby Rachel V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,989
Interest Rate
5.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Parker Blake William $117,000 None Available
Osby Rachel V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Blake William $93,600
Previous Owner Osby Rachel V $118,989
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Off Market $117,000 -- --
06/24/2016 06/24/16 Sold $117,000 +1.7% $95 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $115,000 -- $94 / 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 $1,134 $20,380 $4,500 $15,880
2023 $1,134 $20,380 $4,500 $15,880
2022 $1,054 $19,000 $4,500 $14,500
2021 $700 $12,900 $2,500 $10,400
2020 $590 $10,990 $2,500 $8,490
2019 $570 $10,650 $2,500 $8,150
2018 $575 $10,740 $0 $0
2017 $575 $10,740 $0 $0
2016 $575 $10,740 $0 $0
2015 $575 $10,740 $0 $0
2014 $662 $12,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Moore

    @Homes Realty Group

    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Clayton Joyner

    @Homes Realty Group

    Section Image

  • J

    Buyer's Agent in 2016

    Jen Kiehn

    Legend Realty

    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1041942

ValleyMLS.com

APN: 25-02-09-0-000-002.013

Alabama Madison County Madison 35756 Lake Forest

418 Promenade Dr SW, Madison, AL

This home is located at 418 Promenade Dr SW, Madison, AL 35756 since 09 April 2016 and is currently estimated at $214,170, approximately $174 per square foot. 418 Promenade Dr SW is a home located in Madison County with nearby schools including Williams Elementary School, Williams Middle School, and Columbia High School.

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