NOT LISTED FOR SALE

5602 James Madison Dr N Mobile, AL 36693

Terrace Hills Neighborhood

Estimated Value: $351,000 - $487,000

4 Beds
3 Baths
3,037 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $395,000 $130 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,392/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Attached Garage
  • Central Heating and Cooling System
  • Wood Flooring
  • Wet Bar
  • Dining Room

About This Home

As of August 2021

Spacious family home in sought after Madison Place neighborhood. 4 bedroom, 3 bath move-in ready house on a corner lot. The downstairs hosts an open floor plan with 2 bedrooms, 2 full bathrooms, a formal dining room, a spacious living room with built in bookcases and a gas log ready fireplace, and a newly remodeled kitchen with leathered granite countertops. The downstairs master bedroom and bathroom were also recently remodeled to include a private water closet, huge tiled walk-in shower with rain head, double vanity & 2 walk-in closets. Beautiful Acacia engineered hardwood floors throughout the downstairs. The upstairs is incredibly spacious with a landing for upstairs entertaining in between two bedrooms with Jack-n-Jill bathrooms. Each bedroom has 2 walk-in closets and a window seat overlooking the backyard for the avid reader. A secret room even exists upstairs that can be used as an office or play space. Large walk-in attic for easy to access storage. The house sits on approximately a half an acre corner lot with plenty of play room and great neighbors! Recently improved covered back porch entices those who love to grill, play, and enjoy the outdoors with those they love. All updates per the seller. Listing company makes no representation as to accuracy of square footage; buyer to verify.

Last Agent to Sell the Property

NANCY HUGHES

Roberts Brothers TREC License #72991 Listed on: 07/03/2021

Roberts Brothers TREC

Last Buyer's Agent

Jared Giddens

Bellator Real Estate LLC Mobil

Bellator Real Estate LLC Mobil

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1989

Lot Details

  • 1

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,037 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Dining Room
  • Den with Fireplace
  • Wood Flooring

Kitchen

  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 110x183x128x175
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302102000086006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,505

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab
  • Construction Status: Resale
  • Flood Zone: X
  • Property Amenities: Ceiling Fan(s), Wet Bar
  • Property Type: Residential Detached
  • Style: Traditional
  • Parcel Id Tax Id: 3302102000086006
  • Year Built: 1989
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker, Refrigerator
  • Estimated Living Area: 3037
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13 x 11, On Level: Main Level
  • Bedroom 3: Dimensions: 11 x 12, On Level: Main Level
  • Bedroom 4: Dimensions: 11 x 11, On Level: Main Level
  • Bedrooms: 4
  • Breakfast Room: Dimensions: 8 x 11, On Level: Main Level
  • Den: Dimensions: 17 x 20, On Level: Main Level
  • Dining Area: Dimensions: 11 x 13, On Level: Main Level
  • Dining Area Type: Separate Dining Room
  • Fireplace: Den
  • Floors: Wood
  • Kitchen: Dimensions: 17 x 11, On Level: Main Level
  • Master Bed: Dimensions: 17 x 12, On Level: Main Level
  • Primary Bedroom Bathroom: 1st Floor Master, Fireplace
  • Number Of Fireplaces: 1
  • Other Room: Dimensions: 11 x 13, On Level: Main Level
  • Price Per Sq Ft: 130.06
  • Property Interior Stories: 2

Exterior Features

  • Exterior Finish: Brick
  • Roof: Composition Shingle
  • Water Property Type: No Waterfront

Garage/Parking

  • Garage Parking: Attached, Double Garage

Utilities

  • Heat Cooling: Central Electric (Cool), Central Heat
  • Utilities: Alabama Power, Mobile Gas

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 6
  • Lot Description: Less Than 1 Acre
  • Lot Size: 110x183x128x175

Tax Info

  • Property Taxes: 1505.26
  • Assessor Parcel Number: 00085116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 6, 2021
Sold by
Peters John W and Peters Danielle Morris
Bought by
Smith Benjamin D and Smith Angela
Seller's Agent
NANCY HUGHES
Roberts Brothers TREC
Buyer's Agent
Jared Giddens
Bellator Real Estate LLC Mobil
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Total Days on Market
4
Current Estimated Value
$413,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,118
Avg. Annual Appreciation
1.64%
Original Mortgage
$275,000
Outstanding Balance
$253,080
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$168,802

Purchase Details

Listed on
May 13, 2012
Closed on
Jul 5, 2012
Sold by
Vesely Lucille Conger and Vesely Lavona T
Bought by
Peters John W and Peters Danielle Morris
Seller's Agent
Charlotte Kennedy
Roberts Brothers Inc. Gulf Coa
Buyer's Agent
NANCY HUGHES
Roberts Brothers TREC
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$172,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Veseley Lucille Conger and Vesely David C
Bought by
Vesely Gregory Alan and Vesely Karlene Vesely
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
Smith Benjamin D $395,000 Surety Land Title
Peters John W $215,000 None Available
Vesely Gregory Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin D $275,000
Previous Owner Peters John W $172,000
Previous Owner Vesely Gregory A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $395,000 +5.3% $130 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $375,000 +74.4% $123 / Sq Ft
07/05/2012 07/05/12 Sold $215,000 -- $73 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
Source: Baldwin 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 $1,687 $27,450 $5,000 $22,450
2023 $1,687 $25,620 $5,250 $20,370
2022 $1,489 $24,470 $5,250 $19,220
2021 $1,489 $24,470 $5,250 $19,220
2020 $1,505 $24,740 $5,250 $19,490
2019 $1,486 $24,440 $5,250 $19,190
2018 $1,519 $24,980 $0 $0
2017 $1,486 $24,460 $0 $0
2016 $1,501 $24,700 $0 $0
2013 $1,774 $28,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 316695

Baldwin REALTORS®

APN: 33-02-10-2-000-086.006