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115 Commonwealth Ct; Madison, AL Property Details

115 Commonwealth Ct, Madison, AL is a Single Family that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 115 Commonwealth Ct has 1 bathroom, and a total of 2,220 square feet. The lot size of 115 Commonwealth Ct is 14,501 square feet.

Off market
115 Commonwealth Ct Madison, AL 35758
$39,380 Estimated Value
1 Baths
2,220 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $240,000
  • Est. Equity / %: $407,000 / 100%
  • Gross Yield: 6.599%
  • APN: 16-03-05-2-003-013.000
  • Situs County: Madison
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • 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: 2,220/SqFt
  • Lot: 14,501/SqFt
  • Living: 2,220/SqFt
  • Building: 2,220/SqFt
  • Ground: 2,220/SqFt
  • Price Per Square Foot: $108.11

Legal Description

  • Description: LOT 28 FRANKLIN STATION PB 42 PG 79
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: 34.723965 / -86.76767
  • Subdivision: Franklin Station
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 4205
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Name: Franklin Station
  • H O A One Type: Home Owner Association

Ownership Info

115 Commonwealth Ct has no associated ownership info
115 Commonwealth Ct has no associated ownership info.

Taxes

115 Commonwealth Ct has 10 associated Taxes items

115 Commonwealth Ct, 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 $39,380. The APN we've located for 115 Commonwealth Ct is 16-03-05-2-003-013.000.

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Taxes
  • Assessed Value:  $39,380
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-2-003-013.000
  • Assessed Land Value:  7000
  • Market Land Value:  70000
  • Tax Amount:  2468.94
  • Tax Year:  2025
  • Market Value:  393700
  • Market Year:  2025

Tax History

115 Commonwealth Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,380 Land Value $7,000 Improvement Value $32,380 Tax Amount $2,468.94 Change Rate +0.024541% Assessed CR Tax Rate +0.062695%
Year 2024 Assessed Value $38,600 Land Value $7,000 Improvement Value $31,600 Tax Amount $2,409.8 Change Rate +0.029644% Assessed CR Tax Rate +0.06243%
Year 2023 Assessed Value $37,340 Land Value $7,000 Improvement Value $30,340 Tax Amount $2,340.42 Change Rate +0.325371% Assessed CR Tax Rate +0.062679%
Year 2022 Assessed Value $28,220 Land Value $4,260 Improvement Value $23,960 Tax Amount $1,765.86 Change Rate +0.100512% Assessed CR Tax Rate +0.062575%
Year 2021 Assessed Value $25,660 Land Value $4,260 Improvement Value $21,400 Tax Amount $1,604.58 Change Rate +0.160368% Assessed CR Tax Rate +0.062532%
Year 2020 Assessed Value $22,130 Land Value $4,250 Improvement Value $17,880 Tax Amount $1,382.82 Change Rate +0.282312% Assessed CR Tax Rate +0.062486%
Year 2019 Assessed Value $21,370 Land Value $4,250 Improvement Value $17,120 Tax Amount $1,078.38 Change Rate +0.056987% Assessed CR Tax Rate +0.050462%
Year 2018 Assessed Value $20,240 Land Value Improvement Value Tax Amount $1,020.24 Change Rate +0.008063% Assessed CR Tax Rate +0.050407%
Year 2017 Assessed Value $20,080 Land Value Improvement Value Tax Amount $1,012.08 Change Rate Assessed CR Tax Rate +0.050402%
Year 2016 Assessed Value $20,080 Land Value Improvement Value Tax Amount $1,012.08 Change Rate Assessed CR Tax Rate +0.050402%
Year 2015 Assessed Value $20,080 Land Value Improvement Value Tax Amount $1,012.08 Change Rate -0.023805% Assessed CR Tax Rate +0.050402%
Year 2014 Assessed Value $20,760 Land Value Improvement Value Tax Amount $1,036.76 Change Rate Assessed CR Tax Rate +0.04994%