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1002 Liberty Dr; Madison, AL Property Details

1002 Liberty Dr, Madison, AL is a Condominium that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 1002 Liberty Dr has 2 bedrooms, and 1 bathroom, and a total of 997 square feet. The lot size of 1002 Liberty Dr is 26 square feet.

Off market
1002 Liberty Dr Madison, AL 35758
$59,000 Listing Price
2 Beds
1 Baths
997 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $112,000
  • Open Loans / Balance: 1 / $31,360
  • Est. Equity / %: $121,640 / 79.5%
  • Gross Yield: 7.286%
  • APN: 16-03-05-1-002-019.001
  • Situs County: Madison
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Mixed
  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asbestos

Measurements

  • Total: 997/SqFt
  • Lot: 26/SqFt
  • Living: 997/SqFt
  • Building: 997/SqFt
  • Ground: 997/SqFt
  • Price Per Square Foot: $112.34

Legal Description

  • Description: UNIT #1002 BLDG 1000 IN EMERALD FOREST CONDO PHASE I TRACT I WITH INTEREST IN COMMON ELEMENTS CONDO BK 2 PG 616 PB 16 PG 27
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.72647 / -86.753685
  • Subdivision: Emerald Forest Condo Ph I Tr 1
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 8155
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One: $260
  • H O A Amount: $264
  • H O A One Frequency: Monthly
  • H O A One Name: Emerald Forest Condominium Association Inc
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Emerald Forest Condo Ph I Tr 1
  • H O A Two Type: Condo Owner Association

Ownership Info

1002 Liberty Dr has no associated ownership info
1002 Liberty Dr has no associated ownership info.

Taxes

1002 Liberty Dr has 10 associated Taxes items

1002 Liberty Dr, 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 $29,780. The APN we've located for 1002 Liberty Dr is 16-03-05-1-002-019.001.

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Taxes
  • Assessed Value:  $29,780
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-1-002-019.001
  • Assessed Land Value:  5180
  • Market Land Value:  27500
  • Tax Amount:  2074.8
  • Tax Year:  2025
  • Market Value:  158200
  • Market Year:  2025

Tax History

1002 Liberty Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $2,219.36 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $29,780 Land Value $5,180 Improvement Value $24,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $27,840 Land Value $5,000 Improvement Value $22,840 Tax Amount $1,939.97 Change Rate +0.233285% Assessed CR Tax Rate +0.069683%
Year 2023 Assessed Value $22,560 Land Value $4,000 Improvement Value $18,560 Tax Amount $1,573.01 Change Rate +0.123057% Assessed CR Tax Rate +0.069726%
Year 2022 Assessed Value $20,080 Land Value $4,000 Improvement Value $16,080 Tax Amount $1,400.65 Change Rate +2.711904% Assessed CR Tax Rate +0.069753%
Year 2021 Assessed Value $6,180 Land Value $440 Improvement Value $5,740 Tax Amount $377.34 Change Rate -0.025817% Assessed CR Tax Rate +0.061058%
Year 2020 Assessed Value $6,110 Land Value $380 Improvement Value $5,730 Tax Amount $387.34 Change Rate +0.23396% Assessed CR Tax Rate +0.063394%
Year 2019 Assessed Value $6,110 Land Value $380 Improvement Value $5,730 Tax Amount $313.9 Change Rate +0.030194% Assessed CR Tax Rate +0.051375%
Year 2018 Assessed Value $5,960 Land Value Improvement Value Tax Amount $304.7 Change Rate Assessed CR Tax Rate +0.051124%
Year 2017 Assessed Value $5,960 Land Value Improvement Value Tax Amount $304.7 Change Rate Assessed CR Tax Rate +0.051124%
Year 2016 Assessed Value $5,960 Land Value Improvement Value Tax Amount $304.7 Change Rate Assessed CR Tax Rate +0.051124%
Year 2015 Assessed Value $5,960 Land Value Improvement Value Tax Amount $304.7 Change Rate +0.093683% Assessed CR Tax Rate +0.051124%
Year 2014 Assessed Value $5,680 Land Value Improvement Value Tax Amount $278.6 Change Rate Assessed CR Tax Rate +0.049049%