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245 Metaire Lane

245 Metaire Lane, Madison, AL 35758
Property in Madison
Sold Mar 31, 2005
$45,000
$200,000 by Colonial Bank
Mortgage Due Apr 01, 2035
245 Metaire Lane in Madison, AL was first built in 1997 and is 27 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 is a 1 partial bathroom. 245 Metaire Lane has 2,305 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 164,657 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a vinyl in-ground pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 768 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as good. 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, 245 Metaire Lane was last sold in Mar 30, 2005 for $45,000. According to our calculations, that's $19.52 per sqft. Current property owners are expected to pay $2,610 in taxes per year. The property on 245 Metaire Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,100. To break that down further, the land itself was valued at $6,440. While improvements to the property were assessed at a total of $31,660. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • 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
  • Garage Type: Garage
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 164,657
  • Total Building Area: 2,305
  • Building Area: 2,305
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,305
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEABROOKE ACRES
  • Land Acres: 3.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR 1-C SEABROOKE ACRES 2ND ADD RESUB OF TR 1 EX 1.06 AC TO NISSEN (3A)

Ownership

  • Current Owner : NORRIS STEPHEN R
  • Current Owner 2: NORRIS SHELLY LEA
  • Previous Owner : PALMER KENNETH DWIGHT
  • Previous Owner 2: PALMER JULIA ANNE LINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 246304
  • Subdivision Tract Number: 1
  • Parcel: 16-02-03-1-001-064.000
  • Lot: 1 C
  • Municipality: MADISON
  • Latitude: 34.7263
  • Longitude: -86.7154

    Address

  • Full Address: 245 Metaire Ln
  • Address - House Number: 245
  • Address - Street Name: Metaire
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Madison
  • Carrier Code: R004
  • 4-Digit Zip Code: 8531
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 2,747
  • Tax Year: 2023
  • Tax Amount: $2,610

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 471,609
  • High Value: 562,415
  • Low Value: 380,803

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: COLONIAL BANK
  • First Open Lien Mortgage Recording Date: Mar 31, 2005
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Apr 01, 2035
  • Second Open Lien Mortgage Lender: REDSTONE FCU
  • Second Open Lien Mortgage Recording Date: Jun 14, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $160,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $380,800
  • Market Land Value: $64,300
  • Market Improvement Value: $316,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,100
  • Assessed Land Value: $6,440
  • Assessed Improvements Value: $31,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2005
  • Current Sale Recording Date: Mar 31, 2005
  • Current Sale Transaction ID: 1000089577
  • Current Sale Price: $45,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20050331000192390

    Last Sale Mortgage

  • First Mortgage Lender: COLONIAL BANK
  • First Mortgage Transaction Date: Mar 31, 2005
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2035

About Huntsville



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Frequently Asked Questions

What neighborhood is 245 Metaire Lane located in?
The 245 Metaire Lane is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 245 Metaire Lane?
The average sales price for units in 245 Metaire Lane is $0 currently.

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