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140 Waters Edge Ln; Madison, AL Property Details

140 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is currently Financed and is not for sale. Our records show that 140 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 772 square feet. The lot size of 140 Waters Edge Ln is 24 square feet.

Off market
140 Waters Edge Ln Madison, AL 35758
$164,200 Listing Price
2 Beds
1 Baths
772 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $95,000
  • Open Loans / Balance: 1 / $66,317
  • Est. Equity / %: $79,683 / 54.58%
  • Gross Yield: 8.096%
  • APN: 16-02-09-1-002-026.003-CONDO
  • Situs County: Madison
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 2
  • 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: 772/SqFt
  • Lot: 24/SqFt
  • Living: 772/SqFt
  • Building: 772/SqFt
  • Ground: 772/SqFt
  • Price Per Square Foot: $123.06

Legal Description

  • Description: UNIT 4 BLDG 3 MADISON TOWNE CENTRE CONDO SEC C WATERS EDGE VILLAGE PHASE II WITH INTEREST IN COMM ELE PB 19 PG 32
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: 34.70981 / -86.738434
  • Subdivision: Madison Towne Centre Condo
  • 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

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

Taxes

140 Waters Edge Ln has 8 associated Taxes items

140 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 $23,820. The APN we've located for 140 Waters Edge Ln is 16-02-09-1-002-026.003-CONDO.

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Taxes
  • Assessed Value:  $23,820
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-026.003-CONDO
  • Tax Amount:  1659.41
  • Tax Year:  2025
  • Market Value:  119100
  • Market Year:  2025

Tax History

140 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,820 Land Value Improvement Value $23,820 Tax Amount $1,659.41 Change Rate -0.02531% Assessed CR Tax Rate +0.069665%
Year 2024 Assessed Value $24,440 Land Value Improvement Value $24,440 Tax Amount $1,702.5 Change Rate +0.158967% Assessed CR Tax Rate +0.06966%
Year 2023 Assessed Value $21,080 Land Value Improvement Value $21,080 Tax Amount $1,468.98 Change Rate +0.229118% Assessed CR Tax Rate +0.069686%
Year 2022 Assessed Value $17,140 Land Value Improvement Value $17,140 Tax Amount $1,195.15 Change Rate Assessed CR Tax Rate +0.069729%
Year 2021 Assessed Value $17,140 Land Value Improvement Value $17,140 Tax Amount $1,195.15 Change Rate +0.34175% Assessed CR Tax Rate +0.069729%
Year 2020 Assessed Value $12,760 Land Value Improvement Value $12,760 Tax Amount $890.74 Change Rate +1.858601% Assessed CR Tax Rate +0.069807%
Year 2019 Assessed Value $6,070 Land Value Improvement Value $6,070 Tax Amount $311.6 Change Rate +0.022645% Assessed CR Tax Rate +0.051334%
Year 2018 Assessed Value $5,960 Land Value Improvement Value Tax Amount $304.7 Change Rate +0.292745% Assessed CR Tax Rate +0.051124%
Year 2017 Assessed Value $4,760 Land Value Improvement Value Tax Amount $235.7 Change Rate Assessed CR Tax Rate +0.049517%