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128 Kensington Drive

128 Kensington Drive, Madison, AL 35758
Property in Madison
Sold Mar 06, 2023
$575,000
$517,500 by Gmfs Llc
Mortgage Due Apr 01, 2053
Sold May 23, 2022
$350,000
128 Kensington Drive in Madison, AL was first built in 1992 and is 32 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 128 Kensington Drive has 2,896 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 25,686 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 unknown. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 128 Kensington Drive was last sold in Mar 3, 2023 for $575,000. According to our calculations, that's $198.55 per sqft. Prior to that sales transaction, the property was sold for $350,000 in May 18, 2022. Current property owners are expected to pay $5,723 in taxes per year. The property on 128 Kensington Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $82,100. To break that down further, the land itself was valued at $13,000. While improvements to the property were assessed at a total of $69,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Excellent
  • Construction Type: Wood
  • 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: 25,686
  • Total Building Area: 2,896
  • Building Area: 2,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODFIELD 3RD ADD
  • Land Acres: 0.589
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT OF LOT 17 BLK 1 WOODFIELD 3RD ADD A RESUB OF LOTS 16-21 BLK 1 WOODFIELD 3RD ADD PB 24 PG 47 DESC AS BEG AT THE NE COR OF S

Ownership

  • Current Owner : BARNES DEREK
  • Current Owner 2: BARNES TERESA DONIELLE
  • Previous Owner : BEAUTY FOR ASHES LLC
  • Owner Before Previous Owner: KREPS RODNEY M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011012

Geography

  • Account Number: 593912
  • Parcel: 16-02-03-2-002-003.000
  • Block: 1
  • Lot: 17
  • Meridian: SEC 03 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.724
  • Longitude: -86.7241

    Address

  • Full Address: 128 Kensington Dr
  • Address - House Number: 128
  • Address - Street Name: Kensington
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R008
  • 4-Digit Zip Code: 7844
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 3,328
  • Tax Year: 2023
  • Tax Amount: $5,723

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 547,958
  • High Value: 683,385
  • Low Value: 412,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,500
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: Mar 06, 2023
  • First Open Lien Mortgage Loan Amount: $517,500
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $410,500
  • Market Land Value: $65,000
  • Market Improvement Value: $345,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,100
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $69,100

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Transaction ID: 11903644143
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2022
  • Previous Sale Contract Date: May 18, 2022
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: Mar 06, 2023
  • First Mortgage Loan Amount: $517,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

About Huntsville



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Frequently Asked Questions

What neighborhood is 128 Kensington Drive located in?
The 128 Kensington Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 128 Kensington Drive?
The average sales price for units in 128 Kensington Drive is $0 currently.

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