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1842 Macedonia Road

1842 Macedonia Road, Ardmore, AL 35739
Property in Madison
Sold Sep 08, 2016
$89,900
$88,271 by First Federal Bank
Mortgage Due Oct 01, 2046
Local assessors in Ardmore, AL have categorized 1842 Macedonia Road as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 17,424 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1842 Macedonia Road has a total of 1,596 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable or hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1842 Macedonia Road sold most recently in Sep 7, 2016 for a total of $89,900. If you work out the math, that's approximately a cost of $56.33 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 $459 in taxes each year. 1842 Macedonia Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,040. If we break it down further, the land itself was valued at $1,660. Improvements to the property, however, were assessed at a total of $12,380. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • 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: 17,424
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 6 T1S R2W PT OF THE NE1/4 OF THE NW1/4 OF SEC 6 DESC AS COMM AT THE CEN OF THE N BDY OF SEC 6 TH S 107.4 FT & W TO THE W

Ownership

  • Current Owner : FAIRBANKS CASSIDY L
  • Previous Owner : SMITH JASON
  • Previous Owner 2: SMITH JENNIFER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Madison County School District
  • Census Tract: 010404

Geography

  • Account Number: 437643
  • Parcel: 05-03-06-0-000-016.000
  • Meridian: SEC 06 TWN 01S RNG 02W
  • Municipality: COUNTY
  • Latitude: 34.9915
  • Longitude: -86.7751

    Address

  • Full Address: 1842 Macedonia Rd
  • Address - House Number: 1842
  • Address - Street Name: Macedonia
  • Address - Suffix Type: Rd
  • State: AL
  • City Name: Ardmore
  • Carrier Code: R005
  • 4-Digit Zip Code: 9150
  • Zip Code: 35739

Valuation

    Tax

  • Total Area: 1,635
  • Tax Year: 2023
  • Tax Amount: $459

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 194,592
  • High Value: 243,230
  • Low Value: 145,954

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $90,968
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Sep 08, 2016
  • First Open Lien Mortgage Loan Amount: $88,271
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 08, 2016
  • Second Open Lien Mortgage Loan Amount: $2,697
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $140,200
  • Market Land Value: $16,500
  • Market Improvement Value: $123,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,040
  • Assessed Land Value: $1,660
  • Assessed Improvements Value: $12,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2016
  • Current Sale Recording Date: Sep 08, 2016
  • Current Sale Transaction ID: 1757668310
  • Current Sale Price: $89,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20160908000513160

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: Sep 08, 2016
  • First Mortgage Loan Amount: $88,271
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2046

About Madison



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Frequently Asked Questions

What neighborhood is 1842 Macedonia Road located in?
The 1842 Macedonia Road is a located in the neighborhood of Madison in Madison, Ardmore.
What is the average sales price for listings in 1842 Macedonia Road?
The average sales price for units in 1842 Macedonia Road is $0 currently.

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