NOT LISTED FOR SALE

5551 James Madison Dr S Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $353,000 - $494,000

4 Beds
2.5 Baths
2,583 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $360,000 $139 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,567/month

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • Formal Dining Room

About This Home

As of March 2021

WOW!! Fabulous home accented by extensive landscaping that includes a very private and serene back yard with citrus trees, an array or shrubs, gazebo and paved walking trail. Inside, there spacious rooms with raised ceilings and beautiful hardwood floors. The large master suite features a luxurious bath/dressing area with two walk-in closets, garden tub, separate shower and a wet sauna. A bright sun room opens to a deck overlooking the tranquility of the back yard. Not included in the sq. ft. calculation but very much a part of the living area, are a 12x23 laundry room and 20x23 workshop, both heated and cooled. A four zone HVAC system and air purifier were installed in 2020 (per seller). There is also a full house generator and many other amenities. Don't delay!

Last Agent to Sell the Property

Joe Stuart

Joe Stuart & Associates License #8115 Listed on: 03/02/2021

Last Buyer's Agent

Lisa Granger

Real Broker LLC License #112037

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 92x196x141x175

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Front
  • Stucco

Interior Spaces

  • 2,583 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

  • Olive J Dodge Elementary School
  • Burns Middle School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 3302102000086019

Community Details

Overview

  • Madison Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 1994

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 19 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: Traditional
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Generator
  • Interior Amenities: High Ceilings 9 ft Main, Vaulted, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2583.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

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

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Brick Front, Stucco
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Storage
  • Foundation: None

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: Generator

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: MADISON PLACE

Schools

  • Elementary School: Olive J Dodge
  • Middle School: Burns

Lot Info

  • Lot Dimensions: 92x196x141x175
  • Parcel Number: 3302102000086019
  • 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: 33-02-10-2-000-086.019
  • Close Date: 2021-03-29

MLS Schools

  • Elementary School: Olive J Dodge
  • Middle School: Burns

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 29, 2021
Sold by
Russell Mary D
Bought by
Gulley Sherry L
Seller's Agent
Joe Stuart
Joe Stuart & Associates
Buyer's Agent
Lisa Granger
Real Broker LLC
Sold Price
$360,000
Current Estimated Value
$439,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,710
Avg. Annual Appreciation
3.70%
Original Mortgage
$342,000
Outstanding Balance
$311,195
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$112,318
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
Gulley Sherry L $360,000 Slt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulley Sherry L $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $360,000 -- $139 / Sq Ft
03/02/2021 03/02/21 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 $2,439 $39,300 $5,000 $34,300
2023 $2,439 $36,700 $5,250 $31,450
2022 $2,168 $35,180 $5,250 $29,930
2021 $1,667 $27,280 $5,250 $22,030
2020 $1,686 $27,580 $5,250 $22,330
2019 $1,674 $27,410 $5,250 $22,160
2018 $1,692 $27,700 $0 $0
2017 $1,656 $27,140 $0 $0
2016 $1,688 $27,640 $0 $0
2013 $1,846 $29,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Stuart

    Seller's Agent in 2021

    Joe Stuart

    Joe Stuart & Associates

    (251) 422-7583

    1 in this area

    24 Total Sales

    Joe Stuart
    Section Image
  • Lisa Granger

    Buyer's Agent in 2021

    Lisa Granger

    Real Broker LLC

    (251) 454-1170

    2 in this area

    246 Total Sales

    Lisa Granger
    Section Image
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Map

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

MLS Number: 0649415

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-10-2-000-086.019

Alabama Mobile County Mobile 36693 Terrace Hills

5551 James Madison Dr S, Mobile, AL

This home is located at 5551 James Madison Dr S, Mobile, AL 36693 since 02 March 2021 and is currently estimated at $439,710, approximately $170 per square foot. This property was built in 1994. 5551 James Madison Dr S is a home located in Mobile County with nearby schools including Olive J. Dodge Elementary School, Burns Middle School, and Murphy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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