Large Location Icon

116 Leathertree Ln; Madison, AL Property Details

116 Leathertree Ln, Madison, AL is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 116 Leathertree Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,783 square feet. The lot size of 116 Leathertree Ln is 17,903 square feet.

Off market
116 Leathertree Ln Madison, AL 35758
$169,900 Listing Price
3 Beds
1.5 Baths
1,783 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $149,190
  • Est. Equity / %: $172,810 / 53.67%
  • Gross Yield: 6.13%
  • APN: 15-08-33-3-002-009.000
  • Situs County: Madison
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,783/SqFt
  • Lot: 17,903/SqFt
  • Living: 1,783/SqFt
  • Building: 1,783/SqFt
  • Ground: 1,783/SqFt
  • Price Per Square Foot: $98.15

Legal Description

  • Description: LOT 4 BLK 2 LEATHERTREE ESTS PB 15 PG 47
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: 34.73306 / -86.74442
  • Subdivision: Leathertree Estates
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 9782
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

116 Leathertree Ln has no associated ownership info
116 Leathertree Ln has no associated ownership info.

Taxes

116 Leathertree Ln has 10 associated Taxes items

116 Leathertree 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 $49,140. The APN we've located for 116 Leathertree Ln is 15-08-33-3-002-009.000.

Unlock the full report
Taxes
  • Assessed Value:  $49,140
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-33-3-002-009.000
  • Assessed Land Value:  9000
  • Market Land Value:  45000
  • Tax Amount:  3426.36
  • Tax Year:  2025
  • Market Value:  245700
  • Market Year:  2025

Tax History

116 Leathertree Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,140 Land Value $9,000 Improvement Value $40,140 Tax Amount $3,426.36 Change Rate +0.019437% Assessed CR Tax Rate +0.069726%
Year 2024 Assessed Value $48,200 Land Value $9,000 Improvement Value $39,200 Tax Amount $3,361.03 Change Rate +0.033775% Assessed CR Tax Rate +0.069731%
Year 2023 Assessed Value $46,620 Land Value $9,000 Improvement Value $37,620 Tax Amount $3,251.22 Change Rate +0.205669% Assessed CR Tax Rate +0.069739%
Year 2022 Assessed Value $38,640 Land Value $5,940 Improvement Value $32,700 Tax Amount $2,696.61 Change Rate +0.206467% Assessed CR Tax Rate +0.069788%
Year 2021 Assessed Value $32,000 Land Value $2,820 Improvement Value $29,180 Tax Amount $2,235.13 Change Rate +0.053045% Assessed CR Tax Rate +0.069848%
Year 2020 Assessed Value $15,190 Land Value $1,410 Improvement Value $13,780 Tax Amount $2,122.54 Change Rate +0.255844% Assessed CR Tax Rate +0.139733%
Year 2019 Assessed Value $14,600 Land Value $1,410 Improvement Value $13,190 Tax Amount $1,690.13 Change Rate +1.254258% Assessed CR Tax Rate +0.115762%
Year 2018 Assessed Value $13,700 Land Value Improvement Value Tax Amount $749.75 Change Rate +0.009289% Assessed CR Tax Rate +0.054726%
Year 2017 Assessed Value $13,580 Land Value Improvement Value Tax Amount $742.85 Change Rate -0.527353% Assessed CR Tax Rate +0.054702%
Year 2016 Assessed Value $27,140 Land Value Improvement Value Tax Amount $1,571.68 Change Rate +1.115743% Assessed CR Tax Rate +0.05791%
Year 2015 Assessed Value $13,580 Land Value Improvement Value Tax Amount $742.85 Change Rate +0.026532% Assessed CR Tax Rate +0.054702%
Year 2014 Assessed Value $13,420 Land Value Improvement Value Tax Amount $723.65 Change Rate Assessed CR Tax Rate +0.053923%