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132 Wellington Drive

132 Wellington Drive, Madison, AL 35758
Property in Madison
Sold Jul 10, 2018
$66,000
$264,000 by First Federal Bank Fsb
Mortgage Due Aug 01, 2048
132 Wellington Drive in Madison, AL was first built in 1994 and is 30 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 are 2 partial bathrooms. 132 Wellington Drive has 3,658 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 23,238 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 mixed control joints. The condition of the building has been evaluated as excellent. 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. 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, 132 Wellington Drive sold most recently in Jul 9, 2018 for a total of $66,000. If you work out the math, that's approximately a cost of $18.04 per sqft. 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 $2,885 in taxes each year. 132 Wellington Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,060. If we break it down further, the land itself was valued at $3,840. Improvements to the property, however, were assessed at a total of $38,220. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Excellent
  • Construction Type: Mixed
  • 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: 23,238
  • Total Building Area: 3,658
  • Building Area: 3,658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHLEY 6TH ADD
  • Land Acres: 0.533
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLK 3 ASHLEY 6TH ADD PB 27 PG 22

Ownership

  • Current Owner : OLIVE GIL W
  • Current Owner 2: OLIVE JENNIFER J
  • Previous Owner : GREEN ANDREW W
  • Previous Owner 2: GREEN CAROL H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison City School District
  • Census Tract: 011013

Geography

  • Account Number: 472025
  • Parcel: 16-02-03-4-001-069.000
  • Block: 3
  • Lot: 3
  • Meridian: SEC 03 TWN 04S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7164
  • Longitude: -86.7222

    Address

  • Full Address: 132 Wellington Dr
  • Address - House Number: 132
  • Address - Street Name: Wellington
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R011
  • 4-Digit Zip Code: 8153
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 4,017
  • Tax Year: 2023
  • Tax Amount: $2,885

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 538,183
  • High Value: 668,321
  • Low Value: 408,044

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $403,800
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 10, 2018
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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, 2048
  • Second Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • Second Open Lien Mortgage Recording Date: Aug 14, 2020
  • Second Open Lien Mortgage Loan Amount: $139,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $420,600
  • Market Land Value: $38,400
  • Market Improvement Value: $382,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,060
  • Assessed Land Value: $3,840
  • Assessed Improvements Value: $38,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 10, 2018
  • Current Sale Transaction ID: 11479934460
  • Current Sale Price: $66,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180710000044016

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK FSB
  • First Mortgage Transaction Date: Jul 10, 2018
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 132 Wellington Drive located in?
The 132 Wellington Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 132 Wellington Drive?
The average sales price for units in 132 Wellington Drive is $0 currently.

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