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7303 Woodmill Way Northwest

7303 Woodmill Way Northwest, Madison, AL 35757
Property in Woodmill Trace
Sold Oct 17, 2022
$275,000
$210,000 by Firstbank
Mortgage Due Nov 01, 2052
Sold Jan 28, 2020
$188,000
$168,000 by Progress Bank & Trust
Mortgage Due Feb 01, 2040
7303 Woodmill Way Northwest in Madison, AL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7303 Woodmill Way Northwest has 1,634 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. The linear feet across the front of the lot is 280 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 3,572 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. 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 wood control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick. 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. 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, 7303 Woodmill Way Northwest sold most recently in Oct 12, 2022 for a total of $275,000. If you work out the math, that's approximately a cost of $168.30 per sqft. Before that, the property was also sold for $188,000 in Jan 24, 2020. 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 $1,398 in taxes each year. 7303 Woodmill Way Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,100. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $18,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Excellent
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • 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: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,572
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,634
  • Building Area: 1,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHRIMSHER ESTATES
  • Land Acres: 0.082
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 2 R/S OF WOODMILL TRACE PH 1 R/S OF LT 12 SCHRIMSHER ESTATES PB # 20050915000626540

Ownership

  • Current Owner : BYNUM CAMILLE
  • Previous Owner : MONDRAGON ILIAN
  • Owner Before Previous Owner: RAY VALTON
  • Owner Before Previous Owner 2: RAY SANDRA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Huntsville City School District
  • Census Tract: 010612

Geography

  • Account Number: 507005
  • Parcel: 15-05-22-0-000-044.005
  • Lot: 2
  • Meridian: SEC 22 TWN 03S RNG 02W
  • Municipality: HUNTSVILLE
  • Latitude: 34.7613
  • Longitude: -86.7214

    Address

  • Full Address: 7303 Woodmill Way Nw
  • Address - House Number: 7303
  • Street Segment Direction: NW
  • Address - Street Name: Woodmill
  • Address - Suffix Type: Way
  • State: AL
  • City Name: Madison
  • Carrier Code: R030
  • 4-Digit Zip Code: 7942
  • Zip Code: 35757

Valuation

    Tax

  • Total Area: 1,679
  • Tax Year: 2023
  • Tax Amount: $1,398

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 286,165
  • High Value: 357,356
  • Low Value: 214,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $210,000
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $240,900
  • Market Land Value: $55,000
  • Market Improvement Value: $185,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,100
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $18,600

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897735730
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROGRESS BANK & TRUST
  • Previous Mortgage Transaction Date: Jan 28, 2020
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2040

About Woodmill Trace



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Frequently Asked Questions

What neighborhood is 7303 Woodmill Way Northwest located in?
The 7303 Woodmill Way Northwest is a located in the neighborhood of Woodmill Trace in Woodmill Trace, Madison.
What is the average sales price for listings in 7303 Woodmill Way Northwest?
The average sales price for units in 7303 Woodmill Way Northwest is $0 currently.

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