NOT LISTED FOR SALE

5550 James Madison Dr S Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $341,000 - $410,000

4 Beds
2.5 Baths
2,660 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $234,000 $88 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,102/month

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Creole Architecture
  • Gated Community
  • Deck
  • Wood Flooring

About This Home

As of September 2017

Exclusive Madison Place! Come join the lifestyle! Enjoy the conveniences of this location and this home. The spacious great room is dressed with hardwood floors, a fireplace and overlooks the backyard oasis! The kitchen is featured with tile counter tops, lots of cabinetry and a breakfast nook. The master bedroom and bath offers you plenty of privacy. A fenced backyard provides a special spot in this world for you to swim in your salt water pool, garden and relax. Pluck a satsuma from your own tree and relish the moment as you taste the fruit while sitting in the sun room. Per seller: fresh interior paint,painted garage interior, new cooktop, refinished cabinets, pool has a waterline directly from a meter. Homes needs some attention. All dimensions are approximate.

Last Agent to Sell the Property

Grace Tyson

Grace Tyson Real Estate License #46340 Listed on: 08/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 282x151x192
  • Fenced
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Creole Architecture
  • Wood Siding
  • Brick Front

Interior Spaces

  • 2,660 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Views of Woods
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Madison Place Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 3302102000086047

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 47 MADISON PL (AMENDED PLAT) MBK 43 PG 112 #SEC 10 T5S R2W #MP33 02 10 2 000
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Creole
  • Property Condition: Resale
  • Year Built: 1990
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Game Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2660.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Wood Siding
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch
  • Pool Features: In Ground
  • View: Trees/Woods
  • Pool Private: Yes
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated
  • Subdivision Complex: MADISON PLACE

Lot Info

  • Lot Features: Corner Lot
  • Lot Dimensions: 282X151X192
  • Parcel Number: 3302102000086047
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Deposit Required: None

Tax Info

  • Assessor Parcel Number: 33-02-10-2-000-086.047
  • Close Date: 2017-09-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Wheeler Wendy
Bought by
Gardner James Marshall and Gardner Joan B
Current Estimated Value
$369,587

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 29, 2017
Sold by
Kirk Carlton K and Kirk Susan C
Bought by
Wheeler Wendy
Seller's Agent
Grace Tyson
Grace Tyson Real Estate
Sold Price
$234,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$69,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gardner James Marshall $365,000 None Listed On Document
Wheeler Wendy $234,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheeler Wendy $81,000
Previous Owner Wheeler Wendy $69,000
Previous Owner Kirk Carlton K $226,000
Previous Owner Kirk Carlton K $237,600
Previous Owner Kirk Carlton K $100,000
Previous Owner Kirk Carlton K $180,800
Previous Owner Kirk Carlton K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $234,000 -- $88 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

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 $1,697 $27,610 $5,000 $22,610
2023 $1,538 $25,260 $5,250 $20,010
2022 $1,489 $24,480 $5,250 $19,230
2021 $1,489 $24,480 $5,250 $19,230
2020 $1,556 $24,490 $5,250 $19,240
2019 $3,077 $24,230 $5,250 $18,980
2018 $3,077 $48,460 $0 $0
2017 $1,533 $25,200 $0 $0
2016 $1,557 $25,580 $0 $0
2013 $1,693 $27,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 0541355

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-10-2-000-086.047