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131 Spinnaker Cir; Madison, AL Property Details

131 Spinnaker Cir, Madison, AL is a Single Family that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 131 Spinnaker Cir has 4 bedrooms, and 1.5 bathrooms, and a total of 1,553 square feet. The lot size of 131 Spinnaker Cir is 26,763 square feet.

Off market
131 Spinnaker Cir Madison, AL 35758
$482,000 Listing Price
4 Beds
1.5 Baths
1,553 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $482,000
  • Est. Equity / %: $473,000 / 100%
  • Gross Yield: 8.136%
  • APN: 16-05-22-0-002-031.000
  • Situs County: Madison

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,553/SqFt
  • Lot: 26,763/SqFt
  • Living: 2,475/SqFt
  • Building: 1,553/SqFt
  • Ground: 1,553/SqFt
  • Price Per Square Foot: $310.37

Legal Description

  • Description: LOT 5 BLK 1 SPINNAKER RIDGE S/D A RESUB OF LOT 4 BLK 1 OF THE PLAT OF THE SD EDGEWATER PB 18 PG 23
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: 34.66998 / -86.72769
  • Subdivision: Spinnaker Ridge S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 7984
  • Bathroom Fixtures: 4
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $550
  • H O A Amount: $550
  • H O A One Frequency: Annual
  • H O A One Name: Edgewater Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

131 Spinnaker Cir has no associated ownership info
131 Spinnaker Cir has no associated ownership info.

Taxes

131 Spinnaker Cir has 10 associated Taxes items

131 Spinnaker 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 $38,720. The APN we've located for 131 Spinnaker Cir is 16-05-22-0-002-031.000.

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Taxes
  • Assessed Value:  $38,720
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-05-22-0-002-031.000
  • Assessed Land Value:  4000
  • Market Land Value:  40000
  • Tax Amount:  2653.04
  • Tax Year:  2025
  • Market Value:  387100
  • Market Year:  2025

Tax History

131 Spinnaker Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,720 Land Value $4,000 Improvement Value $34,720 Tax Amount $2,653.04 Change Rate Assessed CR Tax Rate +0.068519%
Year 2024 Assessed Value $38,720 Land Value $4,000 Improvement Value $34,720 Tax Amount $2,653.04 Change Rate Assessed CR Tax Rate +0.068519%
Year 2023 Assessed Value $38,720 Land Value $4,000 Improvement Value $34,720 Tax Amount $2,653.04 Change Rate +0.084675% Assessed CR Tax Rate +0.068519%
Year 2022 Assessed Value $35,740 Land Value $4,000 Improvement Value $31,740 Tax Amount $2,445.93 Change Rate +0.519315% Assessed CR Tax Rate +0.068437%
Year 2021 Assessed Value $23,020 Land Value $4,000 Improvement Value $19,020 Tax Amount $1,609.89 Change Rate +0.121562% Assessed CR Tax Rate +0.069934%
Year 2020 Assessed Value $21,200 Land Value $4,000 Improvement Value $17,200 Tax Amount $1,435.4 Change Rate +0.215411% Assessed CR Tax Rate +0.067708%
Year 2019 Assessed Value $21,200 Land Value $4,000 Improvement Value $17,200 Tax Amount $1,181 Change Rate +0.010827% Assessed CR Tax Rate +0.055708%
Year 2018 Assessed Value $20,980 Land Value Improvement Value Tax Amount $1,168.35 Change Rate Assessed CR Tax Rate +0.055689%
Year 2017 Assessed Value $20,980 Land Value Improvement Value Tax Amount $1,168.35 Change Rate Assessed CR Tax Rate +0.055689%
Year 2016 Assessed Value $20,980 Land Value Improvement Value Tax Amount $1,168.35 Change Rate Assessed CR Tax Rate +0.055689%
Year 2015 Assessed Value $20,980 Land Value Improvement Value Tax Amount $1,168.35 Change Rate -0.04359% Assessed CR Tax Rate +0.055689%
Year 2014 Assessed Value $22,080 Land Value Improvement Value Tax Amount $1,221.6 Change Rate Assessed CR Tax Rate +0.055326%