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118 Grayson Ave; Madison, AL Property Details

118 Grayson Ave, Madison, AL is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 118 Grayson Ave has 3 bedrooms, and 1 bathroom, and a total of 1,926 square feet. The lot size of 118 Grayson Ave is 14,026 square feet.

Off market  •   Pre Probate ✓
118 Grayson Ave Madison, AL 35758
$160,250 Listing Price
3 Beds
1 Baths
1,926 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1963
  • Purchase Price: $160,250
  • Est. Equity / %: $294,000 / 100%
  • Gross Yield: 4.98%
  • APN: 16-04-17-4-003-078.000
  • Situs County: Madison
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,926/SqFt
  • Lot: 14,026/SqFt
  • Living: 1,926/SqFt
  • Building: 1,926/SqFt
  • Ground: 1,926/SqFt
  • Price Per Square Foot: $83.20

Legal Description

  • Description: LOT 14 BLK 1 MADISON MEADOWS 3RD ADD PB 3 PG 132
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: 34.68518 / -86.754135
  • Subdivision: Madison Meadows 3rd Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1711
  • Bathroom Fixtures: 6
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

118 Grayson Ave has no associated ownership info
118 Grayson Ave has no associated ownership info.

Taxes

118 Grayson Ave has 10 associated Taxes items

118 Grayson Ave, 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 $33,120. The APN we've located for 118 Grayson Ave is 16-04-17-4-003-078.000.

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Taxes
  • Assessed Value:  $33,120
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-04-17-4-003-078.000
  • Assessed Land Value:  5380
  • Market Land Value:  26900
  • Tax Amount:  2312.12
  • Tax Year:  2025
  • Market Value:  165600
  • Market Year:  2025

Tax History

118 Grayson Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,120 Land Value $5,380 Improvement Value $27,740 Tax Amount $2,312.12 Change Rate +1.321033% Assessed CR Tax Rate +0.06981%
Year 2024 Assessed Value $14,880 Land Value $1,340 Improvement Value $13,540 Tax Amount $996.16 Change Rate +0.03915% Assessed CR Tax Rate +0.066946%
Year 2023 Assessed Value $14,340 Land Value $1,340 Improvement Value $13,000 Tax Amount $958.63 Change Rate +0.140574% Assessed CR Tax Rate +0.06685%
Year 2022 Assessed Value $12,640 Land Value $1,340 Improvement Value $11,300 Tax Amount $840.48 Change Rate +0.11016% Assessed CR Tax Rate +0.066494%
Year 2021 Assessed Value $11,440 Land Value $1,340 Improvement Value $10,100 Tax Amount $757.08 Change Rate -0.501862% Assessed CR Tax Rate +0.066178%
Year 2020 Assessed Value $21,720 Land Value $2,680 Improvement Value $19,040 Tax Amount $1,519.82 Change Rate +0.252757% Assessed CR Tax Rate +0.069973%
Year 2019 Assessed Value $20,920 Land Value $2,680 Improvement Value $18,240 Tax Amount $1,213.18 Change Rate +0.057118% Assessed CR Tax Rate +0.057991%
Year 2018 Assessed Value $19,780 Land Value Improvement Value Tax Amount $1,147.63 Change Rate +0.008081% Assessed CR Tax Rate +0.05802%
Year 2017 Assessed Value $19,620 Land Value Improvement Value Tax Amount $1,138.43 Change Rate Assessed CR Tax Rate +0.058024%
Year 2016 Assessed Value $19,620 Land Value Improvement Value Tax Amount $1,138.43 Change Rate Assessed CR Tax Rate +0.058024%
Year 2015 Assessed Value $19,620 Land Value Improvement Value Tax Amount $1,138.43 Change Rate +0.021609% Assessed CR Tax Rate +0.058024%
Year 2014 Assessed Value $19,380 Land Value Improvement Value Tax Amount $1,114.35 Change Rate Assessed CR Tax Rate +0.0575%