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107 Hickory Ridge Drive

107 Hickory Ridge Drive, Madison, AL 35758
Property in Madison
Sold Oct 18, 2011
$79,000
$316,000 by Metlife Home Loans
Mortgage Due Nov 01, 2041
Sold Feb 28, 2007
$72,000
$275,000 by Servis First Bank
Mortgage Due Mar 01, 2037
107 Hickory Ridge Drive in Madison, AL was first built in 1994 and is 30 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 107 Hickory Ridge Drive has 3,870 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. The linear feet across the front of the lot is 1,350 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 18,905 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 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, 107 Hickory Ridge Drive sold most recently in Oct 14, 2011 for a total of $79,000. If you work out the math, that's approximately a cost of $20.41 per sqft. Before that, the property was also sold for $72,000 in Feb 28, 2007. 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 $2,792 in taxes each year. 107 Hickory Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,720. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $34,720. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 18,905
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 3,870
  • Building Area: 3,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND HILLS S/D 2ND ADD
  • Land Acres: 0.434
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLK 7 WOODLAND HILLS S/D 2ND ADD PB 28 PG 69

Ownership

  • Current Owner : TERRELL STEVEN C
  • Current Owner 2: TERRELL CHERI W
  • Previous Owner : LAYNE CHRISTOPHER E
  • Previous Owner 2: LAYNE AMY B
  • Owner Before Previous Owner: LAYNE EDWARD B
  • Owner Before Previous Owner 2: LAYNE PAULA S
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011013

Geography

  • Account Number: 363262
  • Parcel: 16-01-11-0-001-056.015
  • Block: 7
  • Lot: 2
  • Meridian: SEC 11 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7132
  • Longitude: -86.7139

    Address

  • Full Address: 107 Hickory Ridge Dr
  • Address - House Number: 107
  • Address - Street Name: Hickory Ridge
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R008
  • 4-Digit Zip Code: 1398
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 4,383
  • Tax Year: 2023
  • Tax Amount: $2,792

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 566,407
  • High Value: 706,393
  • Low Value: 426,421

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: METLIFE HOME LOANS
  • First Open Lien Mortgage Recording Date: Oct 18, 2011
  • First Open Lien Mortgage Loan Amount: $316,000
  • 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: Nov 01, 2041

    Market Valuation

  • Market Total Value: $407,100
  • Market Land Value: $60,000
  • Market Improvement Value: $347,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,720
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $34,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2011
  • Current Sale Recording Date: Oct 18, 2011
  • Current Sale Transaction ID: 1001320409
  • Current Sale Price: $79,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 20111018000554910
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Contract Date: Feb 28, 2007
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Oct 18, 2011
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: SERVIS FIRST BANK
  • Previous Mortgage Transaction Date: Feb 28, 2007
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2037

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Frequently Asked Questions

What neighborhood is 107 Hickory Ridge Drive located in?
The 107 Hickory Ridge Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 107 Hickory Ridge Drive?
The average sales price for units in 107 Hickory Ridge Drive is $0 currently.

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