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108 Spindlewood Drive

108 Spindlewood Drive, Madison, MS 39110
Property in Highwoods
Sold Apr 19, 2021
$282,900
$288,997 by First Horizon Bank
Mortgage Due May 01, 2051
Sold Jun 03, 2011
$200,000
$160,000 by Bankplus
Mortgage Due Jun 01, 2041
Local assessors in Madison, MS have categorized 108 Spindlewood Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 15,785 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 108 Spindlewood Drive has a total of 2,120 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 108 Spindlewood Drive sold most recently in Apr 15, 2021 for a total of $282,900. If you work out the math, that's approximately a cost of $105.32 per sqft. Before that, the property was also sold for $200,000 in May 31, 2011. 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 $2,590 in taxes each year. 108 Spindlewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,800. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1995
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: B
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,785
  • Total Building Area: 2,686
  • Gross Building Area: 2,120
  • Building Area: 2,686
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHWOODS MADISON PH 2
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 59 HIGHWOODS OF MADISON PHASE 2

Ownership

  • Current Owner : BYARS KATHRYN ELISABETH
  • Previous Owner : HARTLEY MATTHEW
  • Previous Owner 2: HARTLEY LAURA EVANS
  • Owner Before Previous Owner: ETHERIDGE DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 030110

Geography

  • Account Number: 14846
  • Subdivision Phase Number: 2
  • Parcel: 072E-21D-110
  • Lot: 59
  • Meridian: SEC 21 TWN 07N RNG 02E
  • Municipality: MADISON
  • Latitude: 32.4311
  • Longitude: -90.0901

    Address

  • Full Address: 108 Spindlewood Dr
  • Address - House Number: 108
  • Address - Street Name: Spindlewood
  • Address - Suffix Type: Dr
  • State: MS
  • City Name: Madison
  • Carrier Code: R008
  • 4-Digit Zip Code: 7414
  • Zip Code: 39110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,590
  • Tax Rate Code Area: 1 MADISON

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 367,908
  • High Value: 440,394
  • Low Value: 295,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,997
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $288,997
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $248,000
  • Market Land Value: $50,000
  • Market Improvement Value: $198,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11850584307
  • Current Sale Price: $282,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 924046
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Contract Date: May 31, 2011
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $288,997
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANKPLUS
  • Previous Mortgage Transaction Date: Jun 03, 2011
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About Highwoods



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Frequently Asked Questions

What neighborhood is 108 Spindlewood Drive located in?
The 108 Spindlewood Drive is a located in the neighborhood of Highwoods in Highwoods, Madison.
What is the average sales price for listings in 108 Spindlewood Drive?
The average sales price for units in 108 Spindlewood Drive is $0 currently.

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