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109 Potomac Circle

109 Potomac Circle, Madison, AL 35757
Property in Madison
Sold May 01, 2023
$274,900
$269,920 by Hometown Lenders, Inc.
Mortgage Due May 01, 2053
Sold May 02, 2017
$125,000
$125,000 by Trustmark National Bank
Mortgage Due May 01, 2047
Local assessors in Madison, AL have categorized 109 Potomac Circle as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 11,920 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 109 Potomac Circle has a total of 1,989 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable or hip style roof that was made of asphalt. Lots of unknown 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 air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 109 Potomac Circle was last sold in Apr 28, 2023 for $274,900. According to our calculations, that's $138.21 per sqft. Prior to that sales transaction, the property was sold for $125,000 in May 1, 2017. Current property owners are expected to pay $818 in taxes per year. The property on 109 Potomac Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,180. To break that down further, the land itself was valued at $5,500. While improvements to the property were assessed at a total of $18,680. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,920
  • Total Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTERS CROSSING
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK 2 HUNTERS CROSSING PH I PB 18 PG 45&46

Ownership

  • Current Owner : WEST ANNA MARIE
  • Current Owner 2: WEST MITCHELL BENNETT
  • Previous Owner : TORRES JENNIFER PARKER
  • Previous Owner 2: TORRES JESUS FRANCISCO
  • Owner Before Previous Owner: DEAVER MARY JO
  • Owner Before Previous Owner 2: DEAVER PAUL F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010629

Geography

  • Account Number: 448017
  • Parcel: 15-04-17-0-005-088.000
  • Block: 2
  • Lot: 5
  • Meridian: SEC 17 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.7797
  • Longitude: -86.7499

    Address

  • Full Address: 109 Potomac Cir
  • Address - House Number: 109
  • Address - Street Name: Potomac
  • Address - Suffix Type: Cir
  • State: AL
  • City Name: Madison
  • Carrier Code: R049
  • 4-Digit Zip Code: 7534
  • Zip Code: 35757

Valuation

    Tax

  • Total Area: 2,165
  • Tax Year: 2023
  • Tax Amount: $818

    Appraisal Valuation

  • Standard Deviation: 0.2601
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 63
  • Final Value: 306,430
  • High Value: 386,158
  • Low Value: 226,701

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $279,542
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS, INC.
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $269,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053
  • Second Open Lien Mortgage Recording Date: May 01, 2023
  • Second Open Lien Mortgage Loan Amount: $9,622
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $241,800
  • Market Land Value: $55,000
  • Market Improvement Value: $186,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,180
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $18,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11906285989
  • Current Sale Price: $274,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 02, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS, INC.
  • First Mortgage Transaction Date: May 01, 2023
  • First Mortgage Loan Amount: $269,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2053
  • Second Mortgage Transaction Date: May 01, 2023
  • Second Mortgage Loan Amount: $9,622
  • Second Mortgage Terms: 10
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: May 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Previous Mortgage Transaction Date: May 02, 2017
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About Madison



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Frequently Asked Questions

What neighborhood is 109 Potomac Circle located in?
The 109 Potomac Circle is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 109 Potomac Circle?
The average sales price for units in 109 Potomac Circle is $0 currently.

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