8 months on rocket

540 Mill Rd, Madison, AL, 35758

$2,500,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
1 Full Bath, 1 Partial
7,022 SqFt
$356/SqFt
House

Location

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540 Mill Rd, Madison$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached - Rear, Concrete
Attached Garage4 spaces
Year Built1992
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
WaterfrontPond
Private PoolYes
MLS #2636357
Lot Size4.62 Acres
StatusActive

About 540 Mill Rd

Welcome to this exquisite 4.6-acre estate in Madison, Alabama, where luxury and elegance abound. This remarkable property, spanning over 6,000 sq.ft., has been completely renovated to meet the highest standards of comfort and style. With 6 bedrooms and 5 bathrooms, every inch of this estate offers unparalleled sophistication. As you step outside, you'll discover a new fiberglass pool complete w a built-in hot tub. The perfect oasis for relaxation and leisure. Adjoining the pool is a serene stocked pond, boasting a boat dock, gazebo, and a charming bridge. For those who appreciate the outdoors, two 40' covered porches provide magnificent views of the pond and pool.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1992
  • Living Area: 7,022 SqFt

Listing Office:

  • Office Name: New South Realtors, LLC
  • Office Phone: (256) 651-8500
  • Listing Agent: James L. Davis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Finished Wood, Tile, Vinyl
  • Interior: Ceiling Fan(s), Elevator, High Ceilings, Pantry, Walk-In Closet(s), Primary Bedroom Main Floor

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Pond
  • Exterior: Dock, Garage Door Opener

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached - Rear, Concrete

Lot Features

Lot Information:

  • Lot: Level, Views
  • Lot Size: 4.62 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: I-565 W to Exit 9 Wall Triana. Keep Right, continue on Wall Triana for approx 2 miles. Left on Mill Rd. House on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $356/SqFt

Tax Information:

  • Annual Amount: $6,937
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Madison, AL.

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Madison, AL

City

Med. Sold Price

$383.4K

Med. Price/SqFt

$169

Avg. Days On Market

202

# of Sold Homes

107

540 Mill Rd vs Madison

268 DAYS ON ROCKET

+66 Days

$2,500,000

+$2.1M More

$356/SqFt

+$186 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $186/SqFt more than other homes in Madison, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2636357

Listing Office:

  • Office Name: New South Realtors, LLC
  • Office Phone: (256) 651-8500
  • Listing Agent: James L. Davis

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2021Home Sold
$710,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,937$109,560
2019$6,431$111,360
2017$2,530$49,840

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-927883
9
/10

  • Mill Creek Elementary School

  • 847 Mill Rd

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-927884
9
/10

  • Madison Elementary School

  • 17 College St

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-927885
9
/10

  • Midtown Elementary School

  • 4976 Wall Triana Hwy

  • 1.74 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,833. The majority of Madison, AL residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Mill Rd

What is the listing price of this property?

The listing price of 540 Mill Rd property is $2,500,000.

What type of property is this?

The property 540 Mill Rd is a house located in Madison, Alabama, 35758.

Is this property for sale now?

Active Listing: 540 Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,937 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2021 for $710,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 540 Mill Rd has 6 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 540 Mill Rd is 7,022 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Mill Rd is 1992.

Rocket Homes›Alabama›Madison County›Madison›35758›540 Mill Rd

This home is located at 540 Mill Rd in Madison, AL and zip code 35758. This 7,022 square foot home, which was built in 1992, sits on a 4.62 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $2,500,000.

In November 2024, from all listings sold in Madison, AL there were more than 11 sold above asking price, over 81 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Madison, AL decreased by 1.5% between October 2024 and November 2024. In November 2024 median list price was $383,417 and the average listing age was 202 days.

From Rocket Homes Real Estate and based on county public records data.

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