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101 Summer Trace Ln; Madison, AL Property Details

101 Summer Trace Ln, Madison, AL is a Single Family that was built in 2008. This property is currently Financed,New Construction and is not for sale. Our records show that 101 Summer Trace Ln has 3.5 bathrooms, and a total of 2,972 square feet. The lot size of 101 Summer Trace Ln is 17,030 square feet.

Off market
101 Summer Trace Ln Madison, AL 35757
$52,520 Estimated Value
3.5 Baths
2,972 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2008
  • Purchase Price: $68,500
  • Open Loans / Balance: 1 / $152,538
  • Est. Equity / %: $433,462 / 73.97%
  • Gross Yield: 6.848%
  • APN: 15-02-10-0-002-011.101
  • Situs County: Madison
  • Length Of Ownership: 18 years, 1 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,972/SqFt
  • Lot: 17,030/SqFt
  • Living: 2,972/SqFt
  • Building: 2,972/SqFt
  • Ground: 2,972/SqFt
  • Price Per Square Foot: $23.05

Legal Description

  • Description: LOT 41 SUMMERFIELD PHASE FOUR PB # 20060530000351420
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 34.795246 / -86.727325
  • Subdivision: Summerfield Phase 4
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 7752
  • Bathroom Fixtures: 23
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $42
  • H O A Amount: $42
  • H O A One Frequency: Monthly
  • H O A One Name: Summerfield Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

101 Summer Trace Ln has no associated ownership info
101 Summer Trace Ln has no associated ownership info.

Taxes

101 Summer Trace Ln has 10 associated Taxes items

101 Summer Trace Ln, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $52,520. The APN we've located for 101 Summer Trace Ln is 15-02-10-0-002-011.101.

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Taxes
  • Assessed Value:  $52,520
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-02-10-0-002-011.101
  • Assessed Land Value:  9500
  • Market Land Value:  95000
  • Tax Amount:  1840.48
  • Tax Year:  2025
  • Market Value:  525100
  • Market Year:  2025

Tax History

101 Summer Trace Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,520 Land Value $9,500 Improvement Value $43,020 Tax Amount $1,840.48 Change Rate +0.052605% Assessed CR Tax Rate +0.035043%
Year 2024 Assessed Value $50,000 Land Value $9,500 Improvement Value $40,500 Tax Amount $1,748.5 Change Rate -0.032321% Assessed CR Tax Rate +0.03497%
Year 2023 Assessed Value $51,600 Land Value $9,500 Improvement Value $42,100 Tax Amount $1,806.9 Change Rate +0.163445% Assessed CR Tax Rate +0.035017%
Year 2022 Assessed Value $44,440 Land Value $7,000 Improvement Value $37,440 Tax Amount $1,553.06 Change Rate +0.057% Assessed CR Tax Rate +0.034947%
Year 2021 Assessed Value $41,940 Land Value $4,500 Improvement Value $37,440 Tax Amount $1,469.31 Change Rate +0.110942% Assessed CR Tax Rate +0.035034%
Year 2020 Assessed Value $37,910 Land Value $4,500 Improvement Value $33,410 Tax Amount $1,322.58 Change Rate +0.033072% Assessed CR Tax Rate +0.034887%
Year 2019 Assessed Value $36,760 Land Value $4,500 Improvement Value $32,260 Tax Amount $1,280.24 Change Rate +0.063684% Assessed CR Tax Rate +0.034827%
Year 2018 Assessed Value $34,660 Land Value Improvement Value Tax Amount $1,203.59 Change Rate Assessed CR Tax Rate +0.034726%
Year 2017 Assessed Value $34,660 Land Value Improvement Value Tax Amount $1,203.59 Change Rate Assessed CR Tax Rate +0.034726%
Year 2016 Assessed Value $34,660 Land Value Improvement Value Tax Amount $1,203.59 Change Rate Assessed CR Tax Rate +0.034726%
Year 2015 Assessed Value $34,660 Land Value Improvement Value Tax Amount $1,203.59 Change Rate +0.016649% Assessed CR Tax Rate +0.034726%
Year 2014 Assessed Value $34,120 Land Value Improvement Value Tax Amount $1,183.88 Change Rate Assessed CR Tax Rate +0.034698%