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119 Monument Ln; Madison, AL Property Details

119 Monument Ln, Madison, AL is a Single Family that was built in 2003. This property is not for sale. Our records show that 119 Monument Ln has 1.5 bathrooms, and a total of 2,251 square feet. The lot size of 119 Monument Ln is 12,499 square feet.

Off market
119 Monument Ln Madison, AL 35758
$39,640 Estimated Value
1.5 Baths
2,251 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Open Loans / Balance: 2 / $192,348
  • Est. Equity / %: $225,652 / 53.98%
  • Gross Yield: 6.471%
  • APN: 16-03-05-2-002-050.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,251/SqFt
  • Lot: 12,499/SqFt
  • Living: 2,251/SqFt
  • Building: 2,251/SqFt
  • Ground: 2,251/SqFt

Legal Description

  • Description: LOT 2 FRANKLIN STATION PH III A RESUB OF TRACT 2 OF FRANKLIN STATION
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: 34.723644 / -86.76352
  • Subdivision: Franklin Station
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6289
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

119 Monument Ln has no associated ownership info
119 Monument Ln has no associated ownership info.

Taxes

119 Monument Ln has 10 associated Taxes items

119 Monument 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 $39,640. The APN we've located for 119 Monument Ln is 16-03-05-2-002-050.000.

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Taxes
  • Assessed Value:  $39,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-2-002-050.000
  • Assessed Land Value:  7000
  • Market Land Value:  70000
  • Tax Amount:  2716.98
  • Tax Year:  2025
  • Market Value:  396400
  • Market Year:  2025

Tax History

119 Monument Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,640 Land Value $7,000 Improvement Value $32,640 Tax Amount $2,716.98 Change Rate +0.001777% Assessed CR Tax Rate +0.068541%
Year 2024 Assessed Value $38,880 Land Value $7,000 Improvement Value $31,880 Tax Amount $2,712.16 Change Rate -0.482062% Assessed CR Tax Rate +0.069757%
Year 2023 Assessed Value $75,160 Land Value $14,000 Improvement Value $61,160 Tax Amount $5,236.46 Change Rate +0.321264% Assessed CR Tax Rate +0.069671%
Year 2022 Assessed Value $56,840 Land Value $8,500 Improvement Value $48,340 Tax Amount $3,963.22 Change Rate +0.099914% Assessed CR Tax Rate +0.069726%
Year 2021 Assessed Value $51,660 Land Value $8,500 Improvement Value $43,160 Tax Amount $3,603.21 Change Rate +0.157643% Assessed CR Tax Rate +0.069749%
Year 2020 Assessed Value $22,300 Land Value $4,250 Improvement Value $18,050 Tax Amount $3,112.54 Change Rate +0.250046% Assessed CR Tax Rate +0.139576%
Year 2019 Assessed Value $21,540 Land Value $4,250 Improvement Value $17,290 Tax Amount $2,489.94 Change Rate +0.057641% Assessed CR Tax Rate +0.115596%
Year 2018 Assessed Value $40,720 Land Value Improvement Value Tax Amount $2,354.24 Change Rate +0.007381% Assessed CR Tax Rate +0.057815%
Year 2017 Assessed Value $40,420 Land Value Improvement Value Tax Amount $2,336.99 Change Rate Assessed CR Tax Rate +0.057818%
Year 2016 Assessed Value $40,420 Land Value Improvement Value Tax Amount $2,336.99 Change Rate +1.077971% Assessed CR Tax Rate +0.057818%
Year 2015 Assessed Value $20,220 Land Value Improvement Value Tax Amount $1,124.65 Change Rate -0.025222% Assessed CR Tax Rate +0.055621%
Year 2014 Assessed Value $20,900 Land Value Improvement Value Tax Amount $1,153.75 Change Rate Assessed CR Tax Rate +0.055203%