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114 Markum Ln; Madison, AL Property Details

114 Markum Ln, Madison, AL is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 114 Markum Ln has 3 bedrooms, and 1 bathroom, and a total of 1,590 square feet. The lot size of 114 Markum Ln is 9,365 square feet.

Off market
114 Markum Ln Madison, AL 35758
$150,000 Listing Price
3 Beds
1 Baths
1,590 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $150,000
  • Open Loans / Balance: 2 / $101,674
  • Est. Equity / %: $205,326 / 66.88%
  • Gross Yield: 6.876%
  • APN: 16-03-05-1-004-117.000
  • Situs County: Madison
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,590/SqFt
  • Lot: 9,365/SqFt
  • Living: 1,590/SqFt
  • Building: 1,590/SqFt
  • Ground: 1,590/SqFt
  • Price Per Square Foot: $94.34

Legal Description

  • Description: LOT 11 BLK 6 COLINWOOD ESTATES PH II & III A RESUB OF LOT 1 BLK 7 OF COLINWOOD ESTATES PH I PB 28 PG 54
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: 34.723618 / -86.757256
  • Subdivision: Colinwood Estates
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6814
  • Bathroom Fixtures: 6
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

114 Markum Ln has no associated ownership info
114 Markum Ln has no associated ownership info.

Taxes

114 Markum Ln has 8 associated Taxes items

114 Markum 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 $23,580. The APN we've located for 114 Markum Ln is 16-03-05-1-004-117.000.

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Taxes
  • Assessed Value:  $23,580
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-1-004-117.000
  • Assessed Land Value:  6000
  • Market Land Value:  60000
  • Market Value:  235800
  • Market Year:  2025

Tax History

114 Markum Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,580 Land Value $6,000 Improvement Value $17,580 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $23,160 Land Value $6,000 Improvement Value $17,160 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $22,480 Land Value $6,000 Improvement Value $16,480 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $18,440 Land Value $3,920 Improvement Value $14,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $16,400 Land Value $2,700 Improvement Value $13,700 Tax Amount $1,021.2 Change Rate +0.103475% Assessed CR Tax Rate +0.062268%
Year 2020 Assessed Value $14,870 Land Value $1,950 Improvement Value $12,920 Tax Amount $925.44 Change Rate +0.286513% Assessed CR Tax Rate +0.062235%
Year 2019 Assessed Value $14,320 Land Value $1,950 Improvement Value $12,370 Tax Amount $719.34 Change Rate +0.060129% Assessed CR Tax Rate +0.050233%
Year 2018 Assessed Value $13,540 Land Value Improvement Value Tax Amount $678.54 Change Rate -0.075118% Assessed CR Tax Rate +0.050114%
Year 2017 Assessed Value $13,420 Land Value Improvement Value Tax Amount $733.65 Change Rate Assessed CR Tax Rate +0.054668%
Year 2016 Assessed Value $13,420 Land Value Improvement Value Tax Amount $733.65 Change Rate Assessed CR Tax Rate +0.054668%
Year 2015 Assessed Value $13,420 Land Value Improvement Value Tax Amount $733.65 Change Rate +0.026874% Assessed CR Tax Rate +0.054668%
Year 2014 Assessed Value $13,260 Land Value Improvement Value Tax Amount $714.45 Change Rate Assessed CR Tax Rate +0.05388%