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108 Spring Water Dr; Madison, AL Property Details

108 Spring Water Dr, Madison, AL is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 108 Spring Water Dr has 1.5 bathrooms, and a total of 1,325 square feet. The lot size of 108 Spring Water Dr is 18,339 square feet.

Off market
108 Spring Water Dr Madison, AL 35758
$40,380 Estimated Value
1.5 Baths
1,325 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1992
  • Purchase Price: $274,000
  • Est. Equity / %: $580,000 / 100%
  • Gross Yield: 5.988%
  • APN: 16-02-03-4-001-031.000
  • Situs County: Madison
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Mixed
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Pool Type: Vinyl In-ground Pool
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,325/SqFt
  • Lot: 18,339/SqFt
  • Living: 1,325/SqFt
  • Building: 1,325/SqFt
  • Ground: 1,325/SqFt
  • Price Per Square Foot: $206.79

Legal Description

  • Description: LOT 8 BLK 7 ASHLEY 4TH ADD PB 26 PG 29
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.715042 / -86.72095
  • Subdivision: Ashley 4th Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 1389
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

108 Spring Water Dr has no associated ownership info
108 Spring Water Dr has no associated ownership info.

Taxes

108 Spring Water Dr has 10 associated Taxes items

108 Spring Water 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 $40,380. The APN we've located for 108 Spring Water Dr is 16-02-03-4-001-031.000.

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Taxes
  • Assessed Value:  $40,380
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-03-4-001-031.000
  • Assessed Land Value:  4420
  • Market Land Value:  44200
  • Tax Amount:  2768.41
  • Tax Year:  2025
  • Market Value:  403600
  • Market Year:  2025

Tax History

108 Spring Water Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,380 Land Value $4,420 Improvement Value $35,960 Tax Amount $2,768.41 Change Rate +0.069256% Assessed CR Tax Rate +0.068559%
Year 2024 Assessed Value $37,800 Land Value $4,420 Improvement Value $33,380 Tax Amount $2,589.1 Change Rate +0.015815% Assessed CR Tax Rate +0.068495%
Year 2023 Assessed Value $37,220 Land Value $3,840 Improvement Value $33,380 Tax Amount $2,548.79 Change Rate +0.138452% Assessed CR Tax Rate +0.068479%
Year 2022 Assessed Value $32,760 Land Value $3,840 Improvement Value $28,920 Tax Amount $2,238.82 Change Rate +0.092225% Assessed CR Tax Rate +0.06834%
Year 2021 Assessed Value $30,040 Land Value $3,240 Improvement Value $26,800 Tax Amount $2,049.78 Change Rate +0.009585% Assessed CR Tax Rate +0.068235%
Year 2020 Assessed Value $29,740 Land Value $2,950 Improvement Value $26,790 Tax Amount $2,030.32 Change Rate +0.213435% Assessed CR Tax Rate +0.068269%
Year 2019 Assessed Value $29,740 Land Value $2,950 Improvement Value $26,790 Tax Amount $1,673.2 Change Rate +0.008316% Assessed CR Tax Rate +0.056261%
Year 2018 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,659.4 Change Rate Assessed CR Tax Rate +0.056213%
Year 2017 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,659.4 Change Rate Assessed CR Tax Rate +0.056213%
Year 2016 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,659.4 Change Rate Assessed CR Tax Rate +0.056213%
Year 2015 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,659.4 Change Rate +0.055363% Assessed CR Tax Rate +0.056213%
Year 2014 Assessed Value $28,180 Land Value Improvement Value Tax Amount $1,572.35 Change Rate Assessed CR Tax Rate +0.055797%