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116 Waters Edge Ln; Madison, AL Property Details

116 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is not for sale. Our records show that 116 Waters Edge Ln has 1 bedroom, and 1 bathroom, and a total of 633 square feet. The lot size of 116 Waters Edge Ln is 24 square feet.

Off market
116 Waters Edge Ln Madison, AL 35758
$50,000 Listing Price
1 Beds
1 Baths
633 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Est. Equity / %: $146,000 / 100%
  • Gross Yield: 5.375%
  • APN: 16-02-09-1-002-027.007-CONDO
  • Situs County: Madison

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full 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: 633/SqFt
  • Lot: 24/SqFt
  • Living: 633/SqFt
  • Building: 633/SqFt
  • Ground: 633/SqFt

Legal Description

  • Description: UNIT 8 BLDG 1 #116 MADISON TOWNE CENTRE CONDOMINIUM SECTION C WATERS EDGE VILLAGE PHASE I-C WITH INT IN COMM ELE CONDO BK 3 P
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.708984 / -86.738144
  • Subdivision: Water'S Edge Village Phase I C
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2559
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $197
  • H O A Amount: $197
  • H O A One Frequency: Monthly
  • H O A One Name: Madison Towne Centre Condominium Assoc
  • H O A One Type: Condo  Owner Association

Ownership Info

116 Waters Edge Ln has no associated ownership info
116 Waters Edge Ln has no associated ownership info.

Taxes

116 Waters Edge Ln has 8 associated Taxes items

116 Waters Edge 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 $15,200. The APN we've located for 116 Waters Edge Ln is 16-02-09-1-002-027.007-CONDO.

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Taxes
  • Assessed Value:  $15,200
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-027.007-CONDO
  • Tax Amount:  1059.58
  • Tax Year:  2025
  • Market Value:  88000
  • Market Year:  2025

Tax History

116 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,200 Land Value Improvement Value $15,200 Tax Amount $1,059.58 Change Rate +0.068696% Assessed CR Tax Rate +0.069709%
Year 2024 Assessed Value $14,220 Land Value Improvement Value $14,220 Tax Amount $991.47 Change Rate +0.051601% Assessed CR Tax Rate +0.069724%
Year 2023 Assessed Value $13,520 Land Value Improvement Value $13,520 Tax Amount $942.82 Change Rate +0.269518% Assessed CR Tax Rate +0.069735%
Year 2022 Assessed Value $10,640 Land Value Improvement Value $10,640 Tax Amount $742.66 Change Rate Assessed CR Tax Rate +0.069799%
Year 2021 Assessed Value $10,640 Land Value Improvement Value $10,640 Tax Amount $742.66 Change Rate +0.013275% Assessed CR Tax Rate +0.069799%
Year 2020 Assessed Value $5,250 Land Value Improvement Value $5,250 Tax Amount $732.93 Change Rate +0.26765% Assessed CR Tax Rate +0.139606%
Year 2019 Assessed Value $5,000 Land Value Improvement Value $5,000 Tax Amount $578.18 Change Rate +0.016169% Assessed CR Tax Rate +0.115636%
Year 2018 Assessed Value $9,840 Land Value Improvement Value Tax Amount $568.98 Change Rate +0.250148% Assessed CR Tax Rate +0.057823%
Year 2017 Assessed Value $7,860 Land Value Improvement Value Tax Amount $455.13 Change Rate Assessed CR Tax Rate +0.057905%