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131 Forrest Dr; Madison, AL Property Details

131 Forrest Dr, Madison, AL is a Single Family that was built in 1966. This property is currently a cash purchase and is not for sale. Our records show that 131 Forrest Dr has 3 bedrooms, and 1 bathroom, and a total of 1,053 square feet. The lot size of 131 Forrest Dr is 19,950 square feet.

Off market
131 Forrest Dr Madison, AL 35758
$180,900 Listing Price
3 Beds
1 Baths
1,053 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $180,900
  • Open Loans / Balance: 1 / $167,048
  • Est. Equity / %: $35,952 / 17.71%
  • Gross Yield: 3.896%
  • APN: 15-08-28-1-002-006.000
  • Situs County: Madison
  • Length Of Ownership: 3 years

Rooms

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

Structure

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

Measurements

  • Total: 1,053/SqFt
  • Lot: 19,950/SqFt
  • Living: 1,053/SqFt
  • Building: 1,053/SqFt
  • Ground: 1,053/SqFt
  • Price Per Square Foot: $171.79

Legal Description

  • Description: LOT 7 BLK 1 RAINBOW S/D 2ND ADD PB 6 PG 75
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 34.752823 / -86.734215
  • Subdivision: Rainbow S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8217
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

131 Forrest Dr has no associated ownership info
131 Forrest Dr has no associated ownership info.

Taxes

131 Forrest Dr has 8 associated Taxes items

131 Forrest Dr, 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 $9,860. The APN we've located for 131 Forrest Dr is 15-08-28-1-002-006.000.

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Taxes
  • Assessed Value:  $9,860
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-28-1-002-006.000
  • Assessed Land Value:  2060
  • Market Land Value:  20500
  • Market Value:  98400
  • Market Year:  2025

Tax History

131 Forrest Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,860 Land Value $2,060 Improvement Value $7,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $9,300 Land Value $2,060 Improvement Value $7,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $18,560 Land Value $4,100 Improvement Value $14,460 Tax Amount $665.14 Change Rate +0.11777% Assessed CR Tax Rate +0.035837%
Year 2022 Assessed Value $16,640 Land Value $4,100 Improvement Value $12,540 Tax Amount $595.06 Change Rate +0.059806% Assessed CR Tax Rate +0.035761%
Year 2021 Assessed Value $15,720 Land Value $4,100 Improvement Value $11,620 Tax Amount $561.48 Change Rate +0.030863% Assessed CR Tax Rate +0.035718%
Year 2020 Assessed Value $15,220 Land Value $3,620 Improvement Value $11,600 Tax Amount $544.67 Change Rate Assessed CR Tax Rate +0.035786%
Year 2019 Assessed Value $15,220 Land Value $3,620 Improvement Value $11,600 Tax Amount $544.67 Change Rate +0.036105% Assessed CR Tax Rate +0.035786%
Year 2018 Assessed Value $14,700 Land Value Improvement Value Tax Amount $525.69 Change Rate Assessed CR Tax Rate +0.035761%
Year 2017 Assessed Value $14,700 Land Value Improvement Value Tax Amount $525.69 Change Rate +0.997454% Assessed CR Tax Rate +0.035761%
Year 2016 Assessed Value $7,360 Land Value Improvement Value Tax Amount $263.18 Change Rate Assessed CR Tax Rate +0.035758%
Year 2015 Assessed Value $7,360 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $7,080 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate