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116 Cherry Rd; Madison, AL Property Details

116 Cherry Rd, Madison, AL is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 116 Cherry Rd has 4 bedrooms, and 1.5 bathrooms, and a total of 2,392 square feet. The lot size of 116 Cherry Rd is 23,774 square feet.

Off market
116 Cherry Rd Madison, AL 35758
$215,000 Listing Price
4 Beds
1.5 Baths
2,392 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $215,000
  • Est. Equity / %: $458,000 / 100%
  • Gross Yield: 6.291%
  • APN: 16-02-03-4-001-060.000
  • Situs County: Madison
  • Length Of Ownership: 12 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,392/SqFt
  • Lot: 23,774/SqFt
  • Living: 2,392/SqFt
  • Building: 2,392/SqFt
  • Ground: 2,392/SqFt
  • Price Per Square Foot: $89.88

Legal Description

  • Description: LOT 1 BLK 3 ASHLEY 5TH ADD PB 26 PG 92
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: 34.716934 / -86.72369
  • Subdivision: Ashley 5th Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8549
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

116 Cherry Rd has no associated ownership info
116 Cherry Rd has no associated ownership info.

Taxes

116 Cherry Rd has 10 associated Taxes items

116 Cherry Rd, 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 $34,300. The APN we've located for 116 Cherry Rd is 16-02-03-4-001-060.000.

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Taxes
  • Assessed Value:  $34,300
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-03-4-001-060.000
  • Assessed Land Value:  4620
  • Market Land Value:  46200
  • Tax Amount:  2345.85
  • Tax Year:  2025
  • Market Value:  343000
  • Market Year:  2025

Tax History

116 Cherry Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,300 Land Value $4,620 Improvement Value $29,680 Tax Amount $2,345.85 Change Rate +0.067018% Assessed CR Tax Rate +0.068392%
Year 2024 Assessed Value $32,180 Land Value $4,620 Improvement Value $27,560 Tax Amount $2,198.51 Change Rate +0.021309% Assessed CR Tax Rate +0.068319%
Year 2023 Assessed Value $31,520 Land Value $3,960 Improvement Value $27,560 Tax Amount $2,152.64 Change Rate +0.134832% Assessed CR Tax Rate +0.068294%
Year 2022 Assessed Value $27,840 Land Value $3,960 Improvement Value $23,880 Tax Amount $1,896.88 Change Rate +0.06893% Assessed CR Tax Rate +0.068135%
Year 2021 Assessed Value $26,080 Land Value $3,960 Improvement Value $22,120 Tax Amount $1,774.56 Change Rate +0.026535% Assessed CR Tax Rate +0.068043%
Year 2020 Assessed Value $25,420 Land Value $3,300 Improvement Value $22,120 Tax Amount $1,728.69 Change Rate +0.214266% Assessed CR Tax Rate +0.068005%
Year 2019 Assessed Value $25,420 Land Value $3,300 Improvement Value $22,120 Tax Amount $1,423.65 Change Rate +0.018093% Assessed CR Tax Rate +0.056005%
Year 2018 Assessed Value $24,980 Land Value Improvement Value Tax Amount $1,398.35 Change Rate Assessed CR Tax Rate +0.055979%
Year 2017 Assessed Value $24,980 Land Value Improvement Value Tax Amount $1,398.35 Change Rate Assessed CR Tax Rate +0.055979%
Year 2016 Assessed Value $24,980 Land Value Improvement Value Tax Amount $1,398.35 Change Rate Assessed CR Tax Rate +0.055979%
Year 2015 Assessed Value $24,980 Land Value Improvement Value Tax Amount $1,398.35 Change Rate +0.054364% Assessed CR Tax Rate +0.055979%
Year 2014 Assessed Value $23,900 Land Value Improvement Value Tax Amount $1,326.25 Change Rate Assessed CR Tax Rate +0.055492%