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157 Waters Edge Ln; Madison, AL Property Details

157 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 157 Waters Edge Ln has 1 bathroom, and a total of 614 square feet. The lot size of 157 Waters Edge Ln is 24 square feet.

Off market
157 Waters Edge Ln Madison, AL 35758
$9,760 Estimated Value
1 Baths
614 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $27,500
  • Open Loans / Balance: 1 / $17,546
  • Est. Equity / %: $130,454 / 88.14%
  • Gross Yield: 6.138%
  • APN: 16-02-09-1-002-028.003-CONDO
  • Situs County: Madison
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 614/SqFt
  • Lot: 24/SqFt
  • Living: 614/SqFt
  • Building: 614/SqFt
  • Ground: 614/SqFt
  • Price Per Square Foot: $44.79

Legal Description

  • Description: UNIT 4 BLDG 7 MADISON TOWN CENTRE CONDOMINIUM WATERS EDGE VILLAGE PH VI WITH INTEREST IN COMMON ELEMENTS CONDO BK 3 PG 58 PB
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: 34.709232 / -86.738785
  • Subdivision: Waters Edge Village Ph Vi
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2558
  • Cooling: Yes
  • 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

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

Taxes

157 Waters Edge Ln has 8 associated Taxes items

157 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 $9,760. The APN we've located for 157 Waters Edge Ln is 16-02-09-1-002-028.003-CONDO.

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Taxes
  • Assessed Value:  $9,760
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-028.003-CONDO
  • Tax Amount:  640.32
  • Tax Year:  2025
  • Market Value:  101900
  • Market Year:  2025

Tax History

157 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,760 Land Value Improvement Value $9,760 Tax Amount $640.32 Change Rate +0.07215% Assessed CR Tax Rate +0.065607%
Year 2024 Assessed Value $9,140 Land Value Improvement Value $9,140 Tax Amount $597.23 Change Rate +0.149868% Assessed CR Tax Rate +0.065342%
Year 2023 Assessed Value $8,020 Land Value Improvement Value $8,020 Tax Amount $519.39 Change Rate +0.298962% Assessed CR Tax Rate +0.064762%
Year 2022 Assessed Value $6,300 Land Value Improvement Value $6,300 Tax Amount $399.85 Change Rate +0.103582% Assessed CR Tax Rate +0.063468%
Year 2021 Assessed Value $5,760 Land Value Improvement Value $5,760 Tax Amount $362.32 Change Rate +0.011643% Assessed CR Tax Rate +0.062903%
Year 2020 Assessed Value $5,690 Land Value Improvement Value $5,690 Tax Amount $358.15 Change Rate +0.308789% Assessed CR Tax Rate +0.062944%
Year 2019 Assessed Value $5,410 Land Value Improvement Value $5,410 Tax Amount $273.65 Change Rate +0.017097% Assessed CR Tax Rate +0.050582%
Year 2018 Assessed Value $5,340 Land Value Improvement Value Tax Amount $269.05 Change Rate +0.300072% Assessed CR Tax Rate +0.050384%
Year 2017 Assessed Value $4,260 Land Value Improvement Value Tax Amount $206.95 Change Rate Assessed CR Tax Rate +0.04858%