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131 Spring Water Dr; Madison, AL Property Details

131 Spring Water Dr, Madison, AL is a Single Family that was built in 1994. This property is not for sale. Our records show that 131 Spring Water Dr has 1.5 bathrooms, and a total of 1,681 square feet. The lot size of 131 Spring Water Dr is 17,990 square feet.

Off market
131 Spring Water Dr Madison, AL 35758
$43,700 Estimated Value
1.5 Baths
1,681 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Est. Equity / %: $583,000 / 100%
  • Gross Yield: 6.762%
  • APN: 16-02-03-4-001-092.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,681/SqFt
  • Lot: 17,990/SqFt
  • Living: 1,681/SqFt
  • Building: 1,681/SqFt
  • Ground: 1,681/SqFt

Legal Description

  • Description: LOT 6 BLK 1 ASHLEY 7TH ADD
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: 34.718422 / -86.72186
  • Subdivision: Ashley 7th Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1392
  • Bathroom Fixtures: 4
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

131 Spring Water Dr has no associated ownership info
131 Spring Water Dr has no associated ownership info.

Taxes

131 Spring Water Dr has 10 associated Taxes items

131 Spring Water 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 $43,700. The APN we've located for 131 Spring Water Dr is 16-02-03-4-001-092.000.

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Taxes
  • Assessed Value:  $43,700
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-03-4-001-092.000
  • Assessed Land Value:  4340
  • Market Land Value:  43300
  • Tax Amount:  2741.1
  • Tax Year:  2025
  • Market Value:  436800
  • Market Year:  2025

Tax History

131 Spring Water Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,700 Land Value $4,340 Improvement Value $39,360 Tax Amount $2,741.1 Change Rate +0.069305% Assessed CR Tax Rate +0.062725%
Year 2024 Assessed Value $40,880 Land Value $4,340 Improvement Value $36,540 Tax Amount $2,563.44 Change Rate +0.01446% Assessed CR Tax Rate +0.062706%
Year 2023 Assessed Value $40,300 Land Value $3,760 Improvement Value $36,540 Tax Amount $2,526.9 Change Rate +0.137874% Assessed CR Tax Rate +0.062702%
Year 2022 Assessed Value $35,440 Land Value $3,760 Improvement Value $31,680 Tax Amount $2,220.72 Change Rate +0.09032% Assessed CR Tax Rate +0.062661%
Year 2021 Assessed Value $32,520 Land Value $3,180 Improvement Value $29,340 Tax Amount $2,036.76 Change Rate -0.075326% Assessed CR Tax Rate +0.062631%
Year 2020 Assessed Value $32,220 Land Value $2,890 Improvement Value $29,330 Tax Amount $2,202.68 Change Rate +0.213063% Assessed CR Tax Rate +0.068364%
Year 2019 Assessed Value $32,220 Land Value $2,890 Improvement Value $29,330 Tax Amount $1,815.8 Change Rate +0.018053% Assessed CR Tax Rate +0.056356%
Year 2018 Assessed Value $31,680 Land Value Improvement Value Tax Amount $1,783.6 Change Rate Assessed CR Tax Rate +0.056301%
Year 2017 Assessed Value $31,680 Land Value Improvement Value Tax Amount $1,783.6 Change Rate Assessed CR Tax Rate +0.056301%
Year 2016 Assessed Value $31,680 Land Value Improvement Value Tax Amount $1,783.6 Change Rate Assessed CR Tax Rate +0.056301%
Year 2015 Assessed Value $31,680 Land Value Improvement Value Tax Amount $1,783.6 Change Rate +0.054885% Assessed CR Tax Rate +0.056301%
Year 2014 Assessed Value $30,240 Land Value Improvement Value Tax Amount $1,690.8 Change Rate Assessed CR Tax Rate +0.055913%