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126 Waters Edge Ln; Madison, AL Property Details

126 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is currently a cash purchase and is not for sale. Our records show that 126 Waters Edge Ln has 1 bathroom, and a total of 862 square feet. The lot size of 126 Waters Edge Ln is 24 square feet.

Off market
126 Waters Edge Ln Madison, AL 35758
$15,760 Estimated Value
1 Baths
862 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $65,000
  • Est. Equity / %: $156,000 / 100%
  • Gross Yield: 4.508%
  • APN: 16-02-09-1-002-027.012-CONDO
  • Situs County: Madison
  • Length Of Ownership: 20 years, 3 months

Rooms

  • 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: 862/SqFt
  • Lot: 24/SqFt
  • Living: 862/SqFt
  • Building: 862/SqFt
  • Ground: 862/SqFt
  • Price Per Square Foot: $75.41

Legal Description

  • Description: UNIT 5 BLDG 2 #126 MADISON TOWNE CENTRE CONDOMINIUM SECTION C WATERS EDGE VILLAGE PHASE I C WITH INTEREST IN COMMON ELEMENTS
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.709118 / -86.73798
  • Subdivision: Water'S Edge Village Phase I C
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2559
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $197
  • H O A Amount: $197
  • H O A One Frequency: Monthly
  • H O A One Name: Madison Towne Centre Condominium Assoc
  • H O A One Type: Condo Owner Association

Ownership Info

126 Waters Edge Ln has no associated ownership info
126 Waters Edge Ln has no associated ownership info.

Taxes

126 Waters Edge Ln has 8 associated Taxes items

126 Waters Edge 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 $15,760. The APN we've located for 126 Waters Edge Ln is 16-02-09-1-002-027.012-CONDO.

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Taxes
  • Assessed Value:  $15,760
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-027.012-CONDO
  • Tax Amount:  1099.65
  • Tax Year:  2025
  • Market Value:  78800
  • Market Year:  2025

Tax History

126 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,760 Land Value Improvement Value $15,760 Tax Amount $1,099.65 Change Rate Assessed CR Tax Rate +0.069775%
Year 2024 Assessed Value $15,760 Land Value Improvement Value $15,760 Tax Amount $1,099.65 Change Rate +0.053254% Assessed CR Tax Rate +0.069775%
Year 2023 Assessed Value $14,960 Land Value Improvement Value $14,960 Tax Amount $1,044.05 Change Rate +0.057737% Assessed CR Tax Rate +0.069789%
Year 2022 Assessed Value $14,140 Land Value Improvement Value $14,140 Tax Amount $987.06 Change Rate Assessed CR Tax Rate +0.069806%
Year 2021 Assessed Value $14,140 Land Value Improvement Value $14,140 Tax Amount $987.06 Change Rate +0.012837% Assessed CR Tax Rate +0.069806%
Year 2020 Assessed Value $13,960 Land Value Improvement Value $13,960 Tax Amount $974.55 Change Rate +0.267163% Assessed CR Tax Rate +0.06981%
Year 2019 Assessed Value $13,300 Land Value Improvement Value $13,300 Tax Amount $769.08 Change Rate +0.04045% Assessed CR Tax Rate +0.057826%
Year 2018 Assessed Value $12,780 Land Value Improvement Value Tax Amount $739.18 Change Rate +0.253527% Assessed CR Tax Rate +0.057839%
Year 2017 Assessed Value $10,180 Land Value Improvement Value Tax Amount $589.68 Change Rate Assessed CR Tax Rate +0.057925%