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115 Reserve Way; Madison, AL Property Details

115 Reserve Way, Madison, AL is a Single Family that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 115 Reserve Way has 2.5 bathrooms, and a total of 3,035 square feet. The lot size of 115 Reserve Way is 18,267 square feet.

Off market
115 Reserve Way Madison, AL 35758
$39,140 Estimated Value
2.5 Baths
3,035 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2006
  • Purchase Price: $356,500
  • Est. Equity / %: $494,000 / 100%
  • Gross Yield: 6.34%
  • APN: 16-03-05-4-001-068.008
  • Situs County: Madison
  • Length Of Ownership: 2 years, 1 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 3,035/SqFt
  • Lot: 18,267/SqFt
  • Living: 3,035/SqFt
  • Building: 3,035/SqFt
  • Ground: 3,035/SqFt
  • Price Per Square Foot: $117.46

Legal Description

  • Description: LOT 8 RESERVE AT BRIDGEFIELD PB# 20041201000539590
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: 34.718163 / -86.753174
  • Subdivision: The Reserve At Bridgefield & A Addition
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6874
  • Bathroom Fixtures: 20
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $170
  • H O A Amount: $170
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

115 Reserve Way has no associated ownership info
115 Reserve Way has no associated ownership info.

Taxes

115 Reserve Way has 10 associated Taxes items

115 Reserve Way, 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 $39,140. The APN we've located for 115 Reserve Way is 16-03-05-4-001-068.008.

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Taxes
  • Assessed Value:  $39,140
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-4-001-068.008
  • Assessed Land Value:  10000
  • Market Land Value:  100000
  • Tax Amount:  2453.82
  • Tax Year:  2025
  • Market Value:  391300
  • Market Year:  2025

Tax History

115 Reserve Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,140 Land Value $10,000 Improvement Value $29,140 Tax Amount $2,453.82 Change Rate -0.085157% Assessed CR Tax Rate +0.062693%
Year 2024 Assessed Value $39,140 Land Value $10,000 Improvement Value $29,140 Tax Amount $2,682.23 Change Rate +0.099734% Assessed CR Tax Rate +0.068529%
Year 2023 Assessed Value $35,640 Land Value $6,500 Improvement Value $29,140 Tax Amount $2,438.98 Change Rate +0.070136% Assessed CR Tax Rate +0.068434%
Year 2022 Assessed Value $33,340 Land Value $6,500 Improvement Value $26,840 Tax Amount $2,279.13 Change Rate Assessed CR Tax Rate +0.06836%
Year 2021 Assessed Value $33,340 Land Value $6,500 Improvement Value $26,840 Tax Amount $2,279.13 Change Rate +0.031453% Assessed CR Tax Rate +0.06836%
Year 2020 Assessed Value $32,340 Land Value $5,500 Improvement Value $26,840 Tax Amount $2,209.63 Change Rate +0.213049% Assessed CR Tax Rate +0.068325%
Year 2019 Assessed Value $32,340 Land Value $5,500 Improvement Value $26,840 Tax Amount $1,821.55 Change Rate +0.007634% Assessed CR Tax Rate +0.056325%
Year 2018 Assessed Value $32,100 Land Value Improvement Value Tax Amount $1,807.75 Change Rate Assessed CR Tax Rate +0.056316%
Year 2017 Assessed Value $32,100 Land Value Improvement Value Tax Amount $1,807.75 Change Rate Assessed CR Tax Rate +0.056316%
Year 2016 Assessed Value $32,100 Land Value Improvement Value Tax Amount $1,807.75 Change Rate Assessed CR Tax Rate +0.056316%
Year 2015 Assessed Value $32,100 Land Value Improvement Value Tax Amount $1,807.75 Change Rate +0.054112% Assessed CR Tax Rate +0.056316%
Year 2014 Assessed Value $30,660 Land Value Improvement Value Tax Amount $1,714.95 Change Rate Assessed CR Tax Rate +0.055934%