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116 Meadow Pond Lane

116 Meadow Pond Lane, Madison, AL 35757
Property in Madison
Sold Mar 26, 2009
$3,000
$73,000 by Worthington Federal Bank
Mortgage Due Aug 01, 2044
116 Meadow Pond 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. 116 Meadow Pond Lane has 1,682 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 28,936 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 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 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. The property was last sold in Mar 25, 2009 for $3,000. That's $1.78 per sqft. 116 Meadow Pond Lane was last assessed in 2023. The total value of the property was assessed at $21,860. Specifically, the land the property is located on was valued at $2,500. While improvements on the property were assessed at a total of $19,360. 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 $626. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,936
  • Total Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONROVIA COVE S/D
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 MONROVIA COVE S/D PB 42 PG 37

Ownership

  • Current Owner : GREGORY JOE ARTURO
  • Previous Owner : FELDER BETTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 404788
  • Parcel: 15-02-09-0-000-043.016
  • Lot: 10
  • Meridian: SEC 09 TWN 03S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.7897
  • Longitude: -86.7465

    Address

  • Full Address: 116 Meadow Pond Ln
  • Address - House Number: 116
  • Address - Street Name: Meadow Pond
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Madison
  • Carrier Code: R023
  • 4-Digit Zip Code: 8116
  • Zip Code: 35757

Valuation

    Tax

  • Total Area: 2,005
  • Tax Year: 2023
  • Tax Amount: $626

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 287,838
  • High Value: 357,441
  • Low Value: 218,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,000
  • First Open Lien Mortgage Lender: WORTHINGTON FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2014
  • First Open Lien Mortgage Loan Amount: $73,000
  • 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: Aug 01, 2044

    Market Valuation

  • Market Total Value: $218,500
  • Market Land Value: $25,000
  • Market Improvement Value: $193,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,860
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $19,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2009
  • Current Sale Recording Date: Mar 26, 2009
  • Current Sale Transaction ID: 1001253437
  • Current Sale Price: $3,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20090326000195270

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Mar 26, 2009
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2039

About Madison



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Frequently Asked Questions

What neighborhood is 116 Meadow Pond Lane located in?
The 116 Meadow Pond Lane is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 116 Meadow Pond Lane?
The average sales price for units in 116 Meadow Pond Lane is $0 currently.

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