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159 Freedom Way; Madison, AL Property Details

159 Freedom Way, Madison, AL is a Single Family that was built in 1998. This property is currently a cash purchase and is not for sale. Our records show that 159 Freedom Way has 4 bedrooms, and 2 bathrooms, and a total of 1,548 square feet. The lot size of 159 Freedom Way is 11,674 square feet.

Off market
159 Freedom Way Madison, AL 35758
$350,000 Listing Price
4 Beds
2 Baths
1,548 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $350,000
  • Est. Equity / %: $423,000 / 100%
  • Gross Yield: 5.674%
  • APN: 15-09-31-2-001-031.000
  • Situs County: Madison
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 1,548/SqFt
  • Lot: 11,674/SqFt
  • Living: 1,548/SqFt
  • Building: 1,548/SqFt
  • Ground: 1,548/SqFt
  • Price Per Square Foot: $226.10

Legal Description

  • Description: LOT 53 LIBERTY KNOLL 2ND ADD RESUB OF TRACT 1 LIBERTY KNOLL PB 32 PG 49
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: 34.742317 / -86.777115
  • Subdivision: Liberty Knoll 2nd Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6203
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

159 Freedom Way has no associated ownership info
159 Freedom Way has no associated ownership info.

Taxes

159 Freedom Way has 10 associated Taxes items

159 Freedom Way, 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 $38,360. The APN we've located for 159 Freedom Way is 15-09-31-2-001-031.000.

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Taxes
  • Assessed Value:  $38,360
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-2-001-031.000
  • Assessed Land Value:  6000
  • Market Land Value:  60000
  • Tax Amount:  2628.02
  • Tax Year:  2025
  • Market Value:  383600
  • Market Year:  2025

Tax History

159 Freedom Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,360 Land Value $6,000 Improvement Value $32,360 Tax Amount $2,628.02 Change Rate +0.001837% Assessed CR Tax Rate +0.068509%
Year 2024 Assessed Value $37,600 Land Value $6,000 Improvement Value $31,600 Tax Amount $2,623.2 Change Rate -0.481864% Assessed CR Tax Rate +0.069766%
Year 2023 Assessed Value $72,640 Land Value $12,000 Improvement Value $60,640 Tax Amount $5,062.76 Change Rate +0.159489% Assessed CR Tax Rate +0.069697%
Year 2022 Assessed Value $62,620 Land Value $7,340 Improvement Value $55,280 Tax Amount $4,366.37 Change Rate +0.237563% Assessed CR Tax Rate +0.069728%
Year 2021 Assessed Value $50,560 Land Value $3,260 Improvement Value $47,300 Tax Amount $3,528.2 Change Rate +0.055295% Assessed CR Tax Rate +0.069782%
Year 2020 Assessed Value $47,900 Land Value $3,260 Improvement Value $44,640 Tax Amount $3,343.33 Change Rate +1.600498% Assessed CR Tax Rate +0.069798%
Year 2019 Assessed Value $23,010 Land Value $1,630 Improvement Value $21,380 Tax Amount $1,285.65 Change Rate +0.066797% Assessed CR Tax Rate +0.055874%
Year 2018 Assessed Value $21,620 Land Value Improvement Value Tax Amount $1,205.15 Change Rate +0.009634% Assessed CR Tax Rate +0.055742%
Year 2017 Assessed Value $21,420 Land Value Improvement Value Tax Amount $1,193.65 Change Rate Assessed CR Tax Rate +0.055726%
Year 2016 Assessed Value $21,420 Land Value Improvement Value Tax Amount $1,193.65 Change Rate Assessed CR Tax Rate +0.055726%
Year 2015 Assessed Value $21,420 Land Value Improvement Value Tax Amount $1,193.65 Change Rate +0.022355% Assessed CR Tax Rate +0.055726%
Year 2014 Assessed Value $21,140 Land Value Improvement Value Tax Amount $1,167.55 Change Rate Assessed CR Tax Rate +0.055229%