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122 Wallace Cir; Madison, AL Property Details

122 Wallace Cir, Madison, AL is a Single Family that was built in 1977. This property is not for sale. Our records show that 122 Wallace Cir has 1 bathroom, and a total of 1,508 square feet. The lot size of 122 Wallace Cir is 19,515 square feet.

Off market
122 Wallace Cir Madison, AL 35758
$14,900 Estimated Value
1 Baths
1,508 SqFt
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1977
  • Open Loans / Balance: 2 / $205,222
  • Est. Equity / %: $28,778 / 12.3%
  • Gross Yield: 5.067%
  • APN: 15-08-28-1-002-036.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,508/SqFt
  • Lot: 19,515/SqFt
  • Living: 1,508/SqFt
  • Building: 1,508/SqFt
  • Ground: 1,508/SqFt

Legal Description

  • Description: LOT 10 BL 1 RAINBOW S/D PB 3 PG 191
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: 34.751976 / -86.73873
  • Subdivision: Rainbow S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8623
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

122 Wallace Cir has no associated ownership info
122 Wallace Cir has no associated ownership info.

Taxes

122 Wallace Cir has 10 associated Taxes items

122 Wallace Cir, 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 $14,900. The APN we've located for 122 Wallace Cir is 15-08-28-1-002-036.000.

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Taxes
  • Assessed Value:  $14,900
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-28-1-002-036.000
  • Assessed Land Value:  1880
  • Market Land Value:  18700
  • Tax Amount:  997.55
  • Tax Year:  2025
  • Market Value:  148800
  • Market Year:  2025

Tax History

122 Wallace Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,900 Land Value $1,880 Improvement Value $13,020 Tax Amount $997.55 Change Rate +0.07008% Assessed CR Tax Rate +0.06695%
Year 2024 Assessed Value $13,960 Land Value $1,880 Improvement Value $12,080 Tax Amount $932.22 Change Rate Assessed CR Tax Rate +0.066778%
Year 2023 Assessed Value $13,960 Land Value $1,880 Improvement Value $12,080 Tax Amount $932.22 Change Rate +0.135441% Assessed CR Tax Rate +0.066778%
Year 2022 Assessed Value $12,360 Land Value $1,880 Improvement Value $10,480 Tax Amount $821.02 Change Rate +0.070695% Assessed CR Tax Rate +0.066426%
Year 2021 Assessed Value $11,580 Land Value $1,880 Improvement Value $9,700 Tax Amount $766.81 Change Rate +0.020345% Assessed CR Tax Rate +0.066218%
Year 2020 Assessed Value $11,350 Land Value $1,650 Improvement Value $9,700 Tax Amount $751.52 Change Rate +0.221586% Assessed CR Tax Rate +0.066213%
Year 2019 Assessed Value $11,350 Land Value $1,650 Improvement Value $9,700 Tax Amount $615.2 Change Rate -0.012916% Assessed CR Tax Rate +0.054203%
Year 2018 Assessed Value $11,500 Land Value Improvement Value Tax Amount $623.25 Change Rate Assessed CR Tax Rate +0.054196%
Year 2017 Assessed Value $11,500 Land Value Improvement Value Tax Amount $623.25 Change Rate Assessed CR Tax Rate +0.054196%
Year 2016 Assessed Value $11,500 Land Value Improvement Value Tax Amount $623.25 Change Rate Assessed CR Tax Rate +0.054196%
Year 2015 Assessed Value $11,500 Land Value Improvement Value Tax Amount $623.25 Change Rate +0.066296% Assessed CR Tax Rate +0.054196%
Year 2014 Assessed Value $11,000 Land Value Improvement Value Tax Amount $584.5 Change Rate Assessed CR Tax Rate +0.053136%