NOT LISTED FOR SALE

8425 Melbourne Cir Montgomery, AL 36117

East Montgomery Neighborhood

Estimated Value: $398,151 - $438,000

4 Beds
4 Baths
2,616 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $364,912 $139 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,460/month

About This Home

As of November 2021

Looking for a luxurious home that is centrally located in a serene community, but also gives you access to the lively city and is close to all of your daily pit stops? Well… welcome to Melrose, Stone Martin Builders’ newest community in Montgomery. Melrose is a great community for first-time home buyers, singles, growing families, and those downsizing this one could be perfect!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Nov 1, 2021
Sold by
Stone Martin Builders Llc
Bought by
Oh Jinwoo and Kim Nayoung
Seller's Agent
Shannon Baker
Porch Light Real Estate, LLC.
Buyer's Agent
hyesook yang
Scott Koo Realty
List Price
$350,817
Sold Price
$364,912
Premium/Discount to List
$14,095
4.02%
Current Estimated Value
$417,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,876
Avg. Annual Appreciation
2.98%
Original Mortgage
$7,041
Outstanding Balance
$6,504
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,374

Purchase Details

Closed on
Aug 23, 2018
Sold by
Melrose Properties Llc
Bought by
Stone Martin Buiklders Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oh Jinwoo $364,912 None Available
Stone Martin Buiklders Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Jinwoo $7,041
Previous Owner Stone Martin Builders Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $364,912 +1.0% $139 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $361,267 +1.3% $138 / Sq Ft
05/22/2021 05/22/21 Price Changed $356,467 +1.6% $136 / Sq Ft
05/13/2021 05/13/21 Price Changed $350,817 0.0% $134 / Sq Ft
05/13/2021 05/13/21 For Sale $350,817 -3.9% $134 / Sq Ft
03/20/2021 03/20/21 Off Market $364,912 -- --
03/06/2021 03/06/21 Price Changed $344,267 +0.8% $132 / Sq Ft
03/01/2021 03/01/21 For Sale $341,367 -- $130 / Sq Ft

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 $1,854 $38,860 $5,500 $33,360
2023 $1,854 $37,850 $5,500 $32,350
2022 $1,652 $45,260 $11,000 $34,260
2021 $365 $10,000 $10,000 $0
2020 $365 $10,000 $10,000 $0
2019 $365 $10,000 $10,000 $0
2018 $365 $10,000 $0 $0
2017 $329 $9,000 $9,000 $0
2014 $329 $9,000 $9,000 $0
2013 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Baker

    Seller's Agent in 2021

    Shannon Baker

    Porch Light Real Estate, LLC.

    (334) 294-4329

    18 in this area

    233 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Laykin Cheshire

    Brick & Board RE Advisors

    Section Image

  • h

    Buyer's Agent in 2021

    hyesook yang

    Scott Koo Realty

    (334) 444-8911

    18 in this area

    43 Total Sales

    Section Image
See All Agents

Map

Alabama Montgomery County Montgomery 36117 East Montgomery

8425 Melbourne Cir, Montgomery, AL

This home is located at 8425 Melbourne Cir, Montgomery, AL 36117 and is currently estimated at $417,788, approximately $159 per square foot. 8425 Melbourne Cir is a home located in Montgomery County with nearby schools including Blount Elementary School, Johnnie R. Carr Middle School, and Park Crossing 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.

Nearby Homes