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155 Laura Drive

155 Laura Drive, Madison, AL 35758
Property in Madison
Sold Mar 29, 2021
$315,000
$140,000 by Redstone Fcu
Mortgage Due Apr 01, 2051
Sold Nov 23, 2015
$214,900
155 Laura Drive has been categorized by the local assessors in Madison, AL as a residential type of property. The building on the property was first built in 1987 and is 37 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 155 Laura Drive has 2,670 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 1,250 ft and across the front of the lot is 1,930 ft. The area measurement of the land has been determined as 24,132 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with mixed control joints. The building has a gable or hip style roof made of asphalt. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 155 Laura Drive sold most recently in Mar 26, 2021 for a total of $315,000. If you work out the math, that's approximately a cost of $117.98 per sqft. Before that, the property was also sold for $214,900 in Nov 19, 2015. 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 $1,833 in taxes each year. 155 Laura Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,920. 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 $23,920. 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. 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!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: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Construction Type: Mixed
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,132
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,930
  • Total Building Area: 2,670
  • Building Area: 2,670
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,670
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIFFIN S/D
  • Land Acres: 0.554
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLK 1 GIFFIN S/D PB 15 PG 69

Ownership

  • Current Owner : THOMA JAMES REGIS
  • Current Owner 2: THOMA MELANIE MARIE
  • Previous Owner : SMITH SCOTT L
  • Previous Owner 2: SMITH PATRICIA
  • Owner Before Previous Owner: SMITH SCOTT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 566935
  • Parcel: 15-08-27-0-001-048.000
  • Block: 1
  • Lot: 4
  • Meridian: SEC 27 TWN 03S RNG 02W
  • Municipality: MADISON
  • Latitude: 34.7531
  • Longitude: -86.7193

    Address

  • Full Address: 155 Laura Dr
  • Address - House Number: 155
  • Address - Street Name: Laura
  • Address - Suffix Type: Dr
  • State: AL
  • City Name: Madison
  • Carrier Code: R022
  • 4-Digit Zip Code: 8673
  • Zip Code: 35758

Valuation

    Tax

  • Total Area: 3,185
  • Tax Year: 2023
  • Tax Amount: $1,833

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 65
  • Final Value: 397,034
  • High Value: 495,160
  • Low Value: 298,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: REDSTONE FCU
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $269,200
  • Market Land Value: $30,000
  • Market Improvement Value: $239,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,920
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $23,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11831041398
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00025547
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Contract Date: Nov 19, 2015
  • Previous Sale Amount: $214,900
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDSTONE FCU
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Huntsville



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Unit for rent at 123 Silver Lake Circle, Madison, AL, 35758

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,737 ft²
123 Silver Lake Circle, Madison, AL, 35758 Listing by Stephanie Ulrich

Frequently Asked Questions

What neighborhood is 155 Laura Drive located in?
The 155 Laura Drive is a located in the neighborhood of Madison in Huntsville, Madison.
What is the average sales price for listings in 155 Laura Drive?
The average sales price for units in 155 Laura Drive is $0 currently.

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