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121 Michli Rd; Madison, AL Property Details

121 Michli Rd, Madison, AL is a Townhouse that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 121 Michli Rd has 3 bedrooms, and 1 bathroom, and a total of 1,008 square feet. The lot size of 121 Michli Rd is 5,042 square feet.

For Rent
121 Michli Rd Madison, AL 35758
$1,475 Listing Price
3 Beds
1 Baths
1,008 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1996
  • Purchase Price: $101,500
  • Open Loans / Balance: 1 / $110,160
  • Est. Equity / %: $96,840 / 46.78%
  • Gross Yield: 8.551%
  • APN: 16-03-08-0-006-045.000
  • Situs County: Madison
  • Length Of Ownership: 12 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,008/SqFt
  • Lot: 5,042/SqFt
  • Living: 1,008/SqFt
  • Building: 1,008/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $100.69

Legal Description

  • Description: LOT 11 BLK 2 MILLTOWNE TOWNHOMES A RESUB OF LOT 1 OF THE RESUB OF TRACT 6 APPERSON S/D PB 16 PG 38
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.700447 / -86.7522
  • Subdivision: Milltowne Townhomes
  • Property Class: Residential
  • County Use Code: 118

Amenities

  • Plus Four: 1099
  • Bathroom Fixtures: 6
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

121 Michli Rd has no associated ownership info
121 Michli Rd has no associated ownership info.

Taxes

121 Michli Rd has 10 associated Taxes items

121 Michli Rd, 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 $33,020. The APN we've located for 121 Michli Rd is 16-03-08-0-006-045.000.

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Taxes
  • Assessed Value:  $33,020
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-08-0-006-045.000
  • Assessed Land Value:  8000
  • Market Land Value:  40000
  • Tax Amount:  2305.44
  • Tax Year:  2025
  • Market Value:  165100
  • Market Year:  2025

Tax History

121 Michli Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,020 Land Value $8,000 Improvement Value $25,020 Tax Amount $2,305.44 Change Rate +0.004597% Assessed CR Tax Rate +0.06982%
Year 2024 Assessed Value $33,020 Land Value $8,000 Improvement Value $25,020 Tax Amount $2,294.89 Change Rate -0.004576% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $33,020 Land Value $8,000 Improvement Value $25,020 Tax Amount $2,305.44 Change Rate +0.148139% Assessed CR Tax Rate +0.06982%
Year 2022 Assessed Value $28,740 Land Value $6,000 Improvement Value $22,740 Tax Amount $2,007.98 Change Rate +0.02193% Assessed CR Tax Rate +0.069867%
Year 2021 Assessed Value $28,120 Land Value $6,000 Improvement Value $22,120 Tax Amount $1,964.89 Change Rate +0.061581% Assessed CR Tax Rate +0.069875%
Year 2020 Assessed Value $26,480 Land Value $6,000 Improvement Value $20,480 Tax Amount $1,850.91 Change Rate +0.20726% Assessed CR Tax Rate +0.069898%
Year 2019 Assessed Value $26,480 Land Value $6,000 Improvement Value $20,480 Tax Amount $1,533.15 Change Rate -0.011126% Assessed CR Tax Rate +0.057898%
Year 2018 Assessed Value $26,780 Land Value Improvement Value Tax Amount $1,550.4 Change Rate Assessed CR Tax Rate +0.057894%
Year 2017 Assessed Value $26,780 Land Value Improvement Value Tax Amount $1,550.4 Change Rate Assessed CR Tax Rate +0.057894%
Year 2016 Assessed Value $26,780 Land Value Improvement Value Tax Amount $1,550.4 Change Rate Assessed CR Tax Rate +0.057894%
Year 2015 Assessed Value $26,780 Land Value Improvement Value Tax Amount $1,550.4 Change Rate +1.112262% Assessed CR Tax Rate +0.057894%
Year 2014 Assessed Value $13,600 Land Value Improvement Value Tax Amount $734 Change Rate Assessed CR Tax Rate +0.053971%