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115 Mill Ridge Drive

115 Mill Ridge Drive, Madison, AL 35758
Property in Madison
Sold Jun 25, 2020
$435,900
$370,515 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
Sold Aug 18, 2015
$100
$278,368 by Citibank Na
Mortgage Due Sep 01, 2045
115 Mill Ridge Drive in Madison, AL was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 115 Mill Ridge Drive has 3,493 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 12,050 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 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, 115 Mill Ridge Drive sold most recently in Jun 12, 2020 for a total of $435,900. If you work out the math, that's approximately a cost of $124.79 per sqft. Before that, the property was also sold for $100 in Aug 17, 2015. 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 $3,572 in taxes each year. 115 Mill Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,940. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $40,940. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 24
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,050
  • Total Building Area: 3,493
  • Building Area: 3,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLSTONE PHASE II
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 158 MILLSTONE PHASE II A RESUBDIVISION OF TRACT TWO OF MILLSTONE PHASE I PB # 20100915000524960

Ownership

  • Current Owner : MUSTELL ELIOT JOHN
  • Current Owner 2: MUSTELL EMILY ROSALYN
  • Previous Owner : VEERAVALLI SRINIVASA RAO
  • Previous Owner 2: VEERAVALLI INDUPRIYA
  • Owner Before Previous Owner: JEFF BENTON HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011026

Geography

  • Account Number: 514807
  • Subdivision Tract Number: 2
  • Parcel: 16-03-08-0-002-020.066
  • Lot: 158
  • Meridian: SEC 08 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7022
  • Longitude: -86.7661

    Address

  • Full Address: 115 Mill Ridge Dr
  • Address - House Number: 115
  • Address - Street Name: Mill Ridge
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R045
  • 4-Digit Zip Code: 1546
  • Zip Code: 35758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,572

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 570,403
  • High Value: 711,377
  • Low Value: 429,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,515
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $370,515
  • 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, 2050

    Market Valuation

  • Market Total Value: $519,300
  • Market Land Value: $110,000
  • Market Improvement Value: $409,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,940
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $40,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11771707498
  • Current Sale Price: $435,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-00044832
  • Previous Sale Recording Date: Aug 18, 2015
  • Previous Sale Contract Date: Aug 17, 2015
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $370,515
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Aug 18, 2015
  • Previous Mortgage Loan Amount: $278,368
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 115 Mill Ridge Drive located in?
The 115 Mill Ridge Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 115 Mill Ridge Drive?
The average sales price for units in 115 Mill Ridge Drive is $0 currently.

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