NOT LISTED FOR SALE

5559 James Madison Dr S Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $377,000 - $482,000

4 Beds
3.5 Baths
3,185 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $365,000 $115 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,746/month

Highlights

  • Gated Community
  • Deck
  • Den
  • Federal Architecture
  • Wood Flooring
  • Formal Dining Room

About This Home

As of December 2021

PRICE REDUCED!!!! VRM Seller will entertain offers between $355,000-380,000. An exquisite home with loads of beauty in highly sought after Madison Place! This home features 4 Bedrooms, 3.5 Baths, over 3,100 square feet, with a 2 car garage!! This home is elegant and spacious with beautiful hardwood floors, formal living and dining rooms for entertaining your family and guests. This home also features a beautiful back deck that extends from the back of the home overlooking a large lovely landscaped yard perfect for all your get togethers. This home also features new carpet upstairs and new appliances. This home is conveniently located near Centralite, CPSI, University of South Alabama, Coast Guard base, Mobile Airport, Providence Hospital as well as shopping, restaurants, etc. In addition, Oakwood Racquet Club and Mims Park are within walking distance. Come enjoy this well established neighborhood where you can take an evening walk with family and pets. HOA fees are $250 per year. Call your favorite realtor today for your showing of this exquisite home!!
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UPDATE: Pick your granite countertops!! With an acceptable offer, the seller will concede $3,500 in closing costs and/or prepaid expenses at closing. (This will leave money in the buyer's pockets for new granite counters.)

Last Agent to Sell the Property

JC Smith

Keller Williams Spring Hill License #116349 Listed on: 09/25/2021

Keller Williams Spring Hill

Last Buyer's Agent

Debbie Gautreaux

RE/MAX Partners License #8864

RE/MAX Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.41

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Federal Architecture

Interior Spaces

  • 3,185 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Olive J Dodge Elementary School
  • Burns Middle School
  • Murphy High School

Additional Features

  • 0.41 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302102000086021

Community Details

Overview

  • Madison Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: LOT 21 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: Federal
  • Property Condition: Resale
  • Year Built: 1992
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • 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: Den, Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3185.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Patio And Porch Features: Deck, Rear Porch
  • 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
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: MADISON PLACE

Schools

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

Lot Info

  • Acres: 0.4100
  • Parcel Number: 3302102000086021
  • Price Acre Dollar: 890243.90
  • 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: 33-02-10-2-000-086.021
  • Close Date: 2021-12-15

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 29, 2021
Sold by
Easley Riley K and Easley Arlene
Bought by
Carter David Grant and Carter Adriane Anice
Seller's Agent
JC Smith
Keller Williams Spring Hill
Buyer's Agent
Debbie Gautreaux
RE/MAX Partners
Sold Price
$365,000
Current Estimated Value
$438,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,852
Avg. Annual Appreciation
3.64%
Original Mortgage
$373,395
Outstanding Balance
$346,682
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$70,686

Purchase Details

Closed on
Sep 27, 2006
Sold by
Lockhart William C and Lockhart Susan M
Bought by
Easley Riley K and Easley Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,300
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 12, 2003
Sold by
Walton Paul D and Walton Frances B
Bought by
Lockhart William C and Larkhart Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,900
Interest Rate
5.86%
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
Carter David Grant $365,000 None Available
Easley Riley K -- Slt
Lockhart William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter David Grant $373,395
Previous Owner Easley Arlene C $59,300
Previous Owner Easley Riley K $237,200
Previous Owner Lockhart William C $252,000
Previous Owner Lockhart William C $247,500
Previous Owner Lockhart William C $208,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $365,000 -- $115 / Sq Ft
09/25/2021 09/25/21 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 -- $39,100 $5,000 $34,100
2023 $4,637 $36,510 $5,250 $31,260
2022 $1,534 $25,210 $5,250 $19,960
2021 $1,552 $25,490 $5,250 $20,240
2020 $1,571 $25,780 $5,250 $20,530
2019 $1,543 $25,350 $5,250 $20,100
2018 $1,560 $25,620 $0 $0
2017 $1,527 $25,100 $0 $0
2016 $1,560 $25,620 $0 $0
2013 $1,752 $28,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JC Smith

    Seller's Agent in 2021

    JC Smith

    Keller Williams Spring Hill

    (251) 610-2451

    4 in this area

    57 Total Sales

    JC Smith
    Section Image
  • Debbie Gautreaux

    Buyer's Agent in 2021

    Debbie Gautreaux

    RE/MAX

    (251) 458-3225

    1 in this area

    109 Total Sales

    Debbie Gautreaux
    Section Image
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Map

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

MLS Number: 0656030

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 33-02-10-2-000-086.021

Alabama Mobile County Mobile 36693 Terrace Hills

5559 James Madison Dr S, Mobile, AL

This home is located at 5559 James Madison Dr S, Mobile, AL 36693 since 25 September 2021 and is currently estimated at $438,852, approximately $137 per square foot. This property was built in 1992. 5559 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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