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110 Honor Way

110 Honor Way, Madison, AL 35758
Property in Madison
Sold Jun 06, 2012
$12,000
$228,000 by Everett Financial Inc
Mortgage Due Jul 01, 2042
Sold Mar 17, 2005
$46,000
$183,880 by Synovus Mortgage Corp
Mortgage Due Apr 01, 2035
110 Honor Way has been categorized by the local assessors in Madison, AL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 110 Honor Way has 2,855 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,867 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 5, 2012 for $12,000. That's $4.20 per sqft. Prior to that sales transaction, the property was also sold in Mar 16, 2005 for $46,000. 110 Honor Way was last assessed in 2023. The total value of the property was assessed at $42,240. Specifically, the land the property is located on was valued at $7,000. While improvements on the property were assessed at a total of $35,240. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,898. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,867
  • Total Building Area: 2,855
  • Building Area: 2,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEXINGTON FIFTH ADDITION
  • Land Acres: 0.318
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 34 LEXINGTON FIFTH ADDITION PB 44 PG 61

Ownership

  • Current Owner : SUTTON K DAVID
  • Previous Owner : RYU YONGPHIL
  • Previous Owner 2: PARK SUN YOUNG
  • Owner Before Previous Owner: TONY POLLARD BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011024

Geography

  • Account Number: 372136
  • Subdivision Tract Number: 1
  • Parcel: 15-09-31-2-001-001.033
  • Lot: 34
  • Meridian: SEC 31 TWN 03S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7434
  • Longitude: -86.785

    Address

  • Full Address: 110 Honor Way
  • Address - House Number: 110
  • Address - Street Name: Honor
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Madison
  • Carrier Code: R028
  • 4-Digit Zip Code: 6279
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 3,247
  • Tax Year: 2023
  • Tax Amount: $2,898

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 458,802
  • High Value: 569,746
  • Low Value: 347,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 06, 2012
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: Jul 01, 2042

    Market Valuation

  • Market Total Value: $422,300
  • Market Land Value: $70,000
  • Market Improvement Value: $352,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,240
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $35,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2012
  • Current Sale Recording Date: Jun 06, 2012
  • Current Sale Transaction ID: 1001258457
  • Current Sale Price: $12,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20120606000352380
  • Previous Sale Recording Date: Mar 17, 2005
  • Previous Sale Contract Date: Mar 16, 2005
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jun 06, 2012
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: SYNOVUS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 17, 2005
  • Previous Mortgage Loan Amount: $183,880
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2035

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Frequently Asked Questions

What neighborhood is 110 Honor Way located in?
The 110 Honor Way is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 110 Honor Way?
The average sales price for units in 110 Honor Way is $0 currently.

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