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121 Grayson Ave; Madison, AL Property Details

121 Grayson Ave, Madison, AL is a Single Family that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 121 Grayson Ave has 3 bedrooms, and 1 bathroom, and a total of 1,334 square feet. The lot size of 121 Grayson Ave is 14,854 square feet.

For Rent
121 Grayson Ave Madison, AL 35758
$1,700 Listing Price
3 Beds
1 Baths
1,334 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $199,000
  • Est. Equity / %: $213,000 / 100%
  • Gross Yield: 8.558%
  • APN: 16-04-20-1-001-015.000
  • Situs County: Madison
  • Length Of Ownership: 2 years, 3 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: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asbestos

Measurements

  • Total: 1,334/SqFt
  • Lot: 14,854/SqFt
  • Living: 1,334/SqFt
  • Building: 1,334/SqFt
  • Ground: 1,334/SqFt
  • Price Per Square Foot: $149.18

Legal Description

  • Description: LOT 15 BLK 2 ARLINGTON 1ST ADD PB 14 PG 76
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: 34.684635 / -86.75462
  • Subdivision: Arlington 1st Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1710
  • Bathroom Fixtures: 6
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

121 Grayson Ave has 10 associated Taxes items

121 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 $41,240. The APN we've located for 121 Grayson Ave is 16-04-20-1-001-015.000.

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Taxes
  • Assessed Value:  $41,240
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-04-20-1-001-015.000
  • Assessed Land Value:  5000
  • Market Land Value:  25000
  • Tax Amount:  2874.67
  • Tax Year:  2025
  • Market Value:  206200
  • Market Year:  2025

Tax History

121 Grayson Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,240 Land Value $5,000 Improvement Value $36,240 Tax Amount $2,874.67 Change Rate +0.021233% Assessed CR Tax Rate +0.069706%
Year 2024 Assessed Value $40,380 Land Value $5,000 Improvement Value $35,380 Tax Amount $2,814.9 Change Rate +0.120015% Assessed CR Tax Rate +0.06971%
Year 2023 Assessed Value $36,040 Land Value $2,080 Improvement Value $33,960 Tax Amount $2,513.27 Change Rate +0.139965% Assessed CR Tax Rate +0.069736%
Year 2022 Assessed Value $31,600 Land Value $2,080 Improvement Value $29,520 Tax Amount $2,204.69 Change Rate +1.320018% Assessed CR Tax Rate +0.069769%
Year 2021 Assessed Value $14,220 Land Value $1,040 Improvement Value $13,180 Tax Amount $950.29 Change Rate +0.057217% Assessed CR Tax Rate +0.066828%
Year 2020 Assessed Value $13,480 Land Value $1,040 Improvement Value $12,440 Tax Amount $898.86 Change Rate +0.271012% Assessed CR Tax Rate +0.066681%
Year 2019 Assessed Value $12,950 Land Value $1,040 Improvement Value $11,910 Tax Amount $707.2 Change Rate +0.064019% Assessed CR Tax Rate +0.05461%
Year 2018 Assessed Value $12,220 Land Value Improvement Value Tax Amount $664.65 Change Rate -0.447134% Assessed CR Tax Rate +0.05439%
Year 2017 Assessed Value $20,760 Land Value Improvement Value Tax Amount $1,202.19 Change Rate Assessed CR Tax Rate +0.057909%
Year 2016 Assessed Value $20,760 Land Value Improvement Value Tax Amount $1,202.19 Change Rate Assessed CR Tax Rate +0.057909%
Year 2015 Assessed Value $20,760 Land Value Improvement Value Tax Amount $1,202.19 Change Rate +0.020881% Assessed CR Tax Rate +0.057909%
Year 2014 Assessed Value $20,480 Land Value Improvement Value Tax Amount $1,177.6 Change Rate Assessed CR Tax Rate +0.0575%