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120 Springfield Ln; Madison, AL Property Details

120 Springfield Ln, Madison, AL is a Single Family that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 120 Springfield Ln has 3 bedrooms, and 1 bathroom, and a total of 1,586 square feet. The lot size of 120 Springfield Ln is 15,321 square feet.

For Rent
120 Springfield Ln Madison, AL 35758
$1,695 Listing Price
3 Beds
1 Baths
1,586 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1986
  • Purchase Price: $175,000
  • Est. Equity / %: $257,000 / 100%
  • Gross Yield: 8.951%
  • APN: 16-02-10-3-004-090.000
  • Situs County: Madison
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 3
  • 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: 1,586/SqFt
  • Lot: 15,321/SqFt
  • Living: 1,586/SqFt
  • Building: 1,586/SqFt
  • Ground: 1,586/SqFt
  • Price Per Square Foot: $110.34

Legal Description

  • Description: LOT 20 BLK 7 STAVEMILL ESTS 5TH ADD PB 15 PG 31
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: 34.701 / -86.72662
  • Subdivision: Stavemill Estates 5th Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1974
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

120 Springfield Ln has no associated ownership info
120 Springfield Ln has no associated ownership info.

Taxes

120 Springfield Ln has 10 associated Taxes items

120 Springfield 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 $50,040. The APN we've located for 120 Springfield Ln is 16-02-10-3-004-090.000.

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Taxes
  • Assessed Value:  $50,040
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-10-3-004-090.000
  • Assessed Land Value:  11960
  • Market Land Value:  60000
  • Tax Amount:  3487.69
  • Tax Year:  2025
  • Market Value:  251000
  • Market Year:  2025

Tax History

120 Springfield Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,040 Land Value $11,960 Improvement Value $38,080 Tax Amount $3,487.69 Change Rate +0.069476% Assessed CR Tax Rate +0.069698%
Year 2024 Assessed Value $46,780 Land Value $10,000 Improvement Value $36,780 Tax Amount $3,261.12 Change Rate +0.057706% Assessed CR Tax Rate +0.069712%
Year 2023 Assessed Value $44,220 Land Value $10,000 Improvement Value $34,220 Tax Amount $3,083.2 Change Rate +0.131624% Assessed CR Tax Rate +0.069724%
Year 2022 Assessed Value $39,060 Land Value $8,000 Improvement Value $31,060 Tax Amount $2,724.58 Change Rate +0.224217% Assessed CR Tax Rate +0.069754%
Year 2021 Assessed Value $31,880 Land Value $5,000 Improvement Value $26,880 Tax Amount $2,225.57 Change Rate +0.025622% Assessed CR Tax Rate +0.069811%
Year 2020 Assessed Value $31,080 Land Value $5,000 Improvement Value $26,080 Tax Amount $2,169.97 Change Rate +0.259114% Assessed CR Tax Rate +0.069819%
Year 2019 Assessed Value $29,800 Land Value $4,000 Improvement Value $25,800 Tax Amount $1,723.41 Change Rate +0.052683% Assessed CR Tax Rate +0.057833%
Year 2018 Assessed Value $28,300 Land Value Improvement Value Tax Amount $1,637.16 Change Rate Assessed CR Tax Rate +0.05785%
Year 2017 Assessed Value $28,300 Land Value Improvement Value Tax Amount $1,637.16 Change Rate Assessed CR Tax Rate +0.05785%
Year 2016 Assessed Value $28,300 Land Value Improvement Value Tax Amount $1,637.16 Change Rate Assessed CR Tax Rate +0.05785%
Year 2015 Assessed Value $28,300 Land Value Improvement Value Tax Amount $1,637.16 Change Rate +0.003254% Assessed CR Tax Rate +0.05785%
Year 2014 Assessed Value $28,380 Land Value Improvement Value Tax Amount $1,631.85 Change Rate Assessed CR Tax Rate +0.0575%