1541 Madison Avenue

1541 Madison Avenue has been categorized by the local assessors in Montgomery, AL as a residential type of property. The building on the property was first built in 1930 and is 94 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, 1541 Madison Avenue has 1,378 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 2,250 ft and across the front of the lot is 510 ft. The area measurement of the land has been determined as 10,202 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. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D- by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of unknown. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. 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. 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, 1541 Madison Avenue sold most recently in Mar 15, 2023 for a total of $65,000. If you work out the math, that's approximately a cost of $47.17 per sqft. Before that, the property was also sold for $70,000 in Apr 16, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $783 in taxes each year. The initial year of tax delinquency occurred in 2021. 1541 Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,000. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $13,000. 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. 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. 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.