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3602 Madolyn Lane

3602 Madolyn Lane, Montgomery, AL 36109
Property in Montgomery
Sold Mar 08, 2022
$134,000
$137,082 by Mortgage Research Center, Llc
Mortgage Due Apr 01, 2062
Local assessors in Montgomery, AL have categorized 3602 Madolyn Lane as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 15,564 square feet. The linear feet between the front and back of the lot was measured at 1,023 ft and the front of the lot was measured at 1,630 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 3602 Madolyn Lane has a total of 1,537 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick 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. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3602 Madolyn Lane was last sold in Mar 8, 2022 for $134,000. According to our calculations, that's $87.18 per sqft. Current property owners are expected to pay $1,258 in taxes per year. The property on 3602 Madolyn Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,780. To break that down further, the land itself was valued at $3,600. While improvements to the property were assessed at a total of $22,180. 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. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,564
  • Lot Size Depth Feet: 1,023
  • Lot Size Frontage Feet: 1,630
  • Total Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON 5
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE ANTHONY PARKER
  • Current Owner 2: LEE NICOLE SPARKS
  • Previous Owner : PARRISH KAREN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 001700

Zoning

  • Zoning: R-75-S

Geography

  • Assessors Map Reference: MAP 16 PG 262
  • Account Number: 244533
  • District: 2
  • Parcel: 10-05-15-2-014-006.000
  • Block: K
  • Lot: 1
  • Meridian: SEC 15 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3709
  • Longitude: -86.2541

    Address

  • Full Address: 3602 Madolyn Ln
  • Address - House Number: 3602
  • Address - Street Name: Madolyn
  • Address - Suffix Type: Ln
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C097
  • 4-Digit Zip Code: 4714
  • Zip Code: 36109

Valuation

    Tax

  • Total Area: 1,595
  • Tax Year: 2023
  • Tax Amount: $1,258

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 84
  • Final Value: 126,065
  • High Value: 142,751
  • Low Value: 109,378

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,082
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $137,082
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2062

    Market Valuation

  • Market Total Value: $128,900
  • Market Land Value: $18,000
  • Market Improvement Value: $110,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,780
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $22,180

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11923130392
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Mar 08, 2022
  • First Mortgage Loan Amount: $137,082
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2062

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Frequently Asked Questions

What neighborhood is 3602 Madolyn Lane located in?
The 3602 Madolyn Lane is a located in the neighborhood of Montgomery in Montgomery, Montgomery.
What is the average sales price for listings in 3602 Madolyn Lane?
The average sales price for units in 3602 Madolyn Lane is $0 currently.

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