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121 McDermotts Way

121 McDermotts Way, Madison, AL 35758
Property in Madison
Refi Sep 30, 2011
Transfer
$73,000 by Regions Bank
Mortgage Due Oct 01, 2026
121 McDermotts 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 1993 and is 31 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, 121 McDermotts Way has 1,451 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,790 ft and across the front of the lot is 760 ft. The area measurement of the land has been determined as 13,591 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 good. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,452 in taxes per year. The property on 121 McDermotts Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,440. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $15,440. 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: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 13,591
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,451
  • Building Area: 1,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLINWOOD ESTATES
  • Land Acres: 0.312
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK 1 COLINWOOD ESTATES PH I & A RESUB OF FRED WILLS S/D PB 27 PG 23

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011025

Geography

  • Account Number: 200904
  • Parcel: 16-03-05-1-003-087.000
  • Block: 1
  • Lot: 9
  • Meridian: SEC 05 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.726
  • Longitude: -86.7562

    Address

  • Full Address: 121 Mcdermotts Way
  • Address - House Number: 121
  • Address - Street Name: Mcdermotts
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Madison
  • Carrier Code: R026
  • 4-Digit Zip Code: 6803
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 1,744
  • Tax Year: 2023
  • Tax Amount: $1,452

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 272,018
  • High Value: 337,795
  • Low Value: 206,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2011
  • First Open Lien Mortgage Loan Amount: $73,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $214,300
  • Market Land Value: $60,000
  • Market Improvement Value: $154,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,440
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $15,440

    Exemptions

  • Homeowner Exemption: Yes

About Huntsville



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Frequently Asked Questions

What neighborhood is 121 McDermotts Way located in?
The 121 McDermotts Way is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 121 McDermotts Way?
The average sales price for units in 121 McDermotts Way is $0 currently.

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