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105 Silver Dollar Lane

105 Silver Dollar Lane, Madison, AL 35757
House in Madison
Sold Sep 01, 2020
$389,000
$369,550 by Firstbank
Mortgage Due Sep 01, 2050
Sold May 13, 2020
$216,000
105 Silver Dollar Lane in Madison, AL was first built in 2006 and is 18 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 105 Silver Dollar Lane has 4,025 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 105 Silver Dollar Lane sold most recently in Aug 31, 2020 for a total of $389,000. If you work out the math, that's approximately a cost of $96.65 per sqft. Before that, the property was also sold for $216,000 in Jan 27, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,865 in taxes each year. 105 Silver Dollar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,200. If we break it down further, the land itself was valued at $9,500. Improvements to the property, however, were assessed at a total of $43,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 23
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 4,025
  • Building Area: 4,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERFIELD PHASE 4
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 47 A RESUBDIVISION OF LOTS 1-5, 47 & 48 SUMMERFIELD PHASE FOUR PB # 20070402000229820

Ownership

  • Current Owner : WHERRY BETTIE EVETTE
  • Previous Owner : D & D INVESTMENT GROUP LLC
  • Owner Before Previous Owner: HSBC BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010623

Geography

  • Account Number: 551409
  • Parcel: 15-02-10-0-002-011.107
  • Lot: 47
  • Meridian: SEC 10 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.7938
  • Longitude: -86.7267

    Address

  • Full Address: 105 Silver Dollar Ln
  • Address - House Number: 105
  • Address - Street Name: Silver Dollar
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Madison
  • Carrier Code: R014
  • 4-Digit Zip Code: 7745
  • Zip Code: 35757

Valuation

    Tax

  • Total Area: 4,511
  • Tax Year: 2023
  • Tax Amount: $1,865

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 533,612
  • High Value: 662,645
  • Low Value: 404,579

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $434,550
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $369,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: FIRST BANK
  • Second Open Lien Mortgage Recording Date: Aug 04, 2023
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 81
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 13, 2030

    Market Valuation

  • Market Total Value: $532,000
  • Market Land Value: $95,000
  • Market Improvement Value: $437,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,200
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $43,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11787500715
  • Current Sale Price: $389,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-00067832
  • Previous Sale Recording Date: May 13, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $369,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Madison



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Frequently Asked Questions

What neighborhood is 105 Silver Dollar Lane located in?
The 105 Silver Dollar Lane is a house located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 105 Silver Dollar Lane?
The average sales price for units in 105 Silver Dollar Lane is $0 currently.

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