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112 Adalene Lane

112 Adalene Lane, Madison, AL 35757
Property in Madison
Sold Feb 17, 2022
$2,699
Sold Sep 19, 2017
$214,000
$216,161 by First Bank
Mortgage Due Oct 01, 2047
112 Adalene Lane in Madison, AL was first built in 2002 and is 22 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 is a 1 partial bathroom. 112 Adalene Lane has 1,953 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 18,872 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 640 sqft. There are a total of 2 available parking spaces. 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 good. 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, 112 Adalene Lane sold most recently in Jan 26, 2022 for a total of $2,699. If you work out the math, that's approximately a cost of $1.38 per sqft. Before that, the property was also sold for $214,000 in Sep 18, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,132 in taxes each year. 112 Adalene Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,780. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $27,280. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • 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
  • Garage Type: Garage
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 18,872
  • Total Building Area: 1,953
  • Building Area: 1,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER SPRINGS S/D
  • Land Acres: 0.433
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 SILVER SPRINGS S/D PB 43 PG 1

Ownership

  • Current Owner : MCKEE SHANNON E
  • Current Owner 2: MCKEE VICKI E
  • Previous Owner : MCKEE SHANNON E
  • Previous Owner 2: MCKEE VICKI E
  • Owner Before Previous Owner: GREEN WILLIAM J
  • Owner Before Previous Owner 2: GREEN CARLA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Account Number: 588457
  • Parcel: 15-02-03-0-002-030.017
  • Lot: 16
  • Meridian: SEC 03 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.8063
  • Longitude: -86.731

    Address

  • Full Address: 112 Adalene Ln
  • Address - House Number: 112
  • Address - Street Name: Adalene
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Madison
  • Carrier Code: R033
  • 4-Digit Zip Code: 8422
  • Zip Code: 35757

Valuation

    Tax

  • Total Area: 2,283
  • Tax Year: 2023
  • Tax Amount: $1,132

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 363,445
  • High Value: 450,670
  • Low Value: 276,220

    Market Valuation

  • Market Total Value: $327,700
  • Market Land Value: $55,000
  • Market Improvement Value: $272,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,780
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $27,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Transaction ID: 11884165114
  • Current Sale Price: $2,699
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Sep 19, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Sep 19, 2017
  • Previous Mortgage Loan Amount: $216,161
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 112 Adalene Lane located in?
The 112 Adalene Lane is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 112 Adalene Lane?
The average sales price for units in 112 Adalene Lane is $0 currently.

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