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161 Wallace Cir; Madison, AL Property Details

161 Wallace Cir, Madison, AL is a Single Family that was built in 1977. This property is not for sale. Our records show that 161 Wallace Cir has 1 bathroom, and a total of 2,373 square feet. The lot size of 161 Wallace Cir is 27,181 square feet.

Off market
161 Wallace Cir Madison, AL 35758
$29,660 Estimated Value
1 Baths
2,373 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Est. Equity / %: $339,000 / 100%
  • Gross Yield: 6.966%
  • APN: 15-08-28-1-002-025.000
  • Situs County: Madison

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 2,373/SqFt
  • Lot: 27,181/SqFt
  • Garage: 1,230/SqFt
  • Living: 2,373/SqFt
  • Building: 2,373/SqFt
  • Ground: 2,373/SqFt

Legal Description

  • Description: LOT 8 BLK 2 RAINBOW S/D
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: 34.752895 / -86.73796
  • Subdivision: Rainbow S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8624
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 5

Ownership Info

161 Wallace Cir has no associated ownership info
161 Wallace Cir has no associated ownership info.

Taxes

161 Wallace Cir has 10 associated Taxes items

161 Wallace 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 $29,660. The APN we've located for 161 Wallace Cir is 15-08-28-1-002-025.000.

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Taxes
  • Assessed Value:  $29,660
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-28-1-002-025.000
  • Assessed Land Value:  2540
  • Market Land Value:  25300
  • Tax Amount:  1856.58
  • Tax Year:  2025
  • Market Value:  296400
  • Market Year:  2025

Tax History

161 Wallace Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,660 Land Value $2,540 Improvement Value $27,120 Tax Amount $1,856.58 Change Rate +0.076678% Assessed CR Tax Rate +0.062595%
Year 2024 Assessed Value $27,720 Land Value $2,540 Improvement Value $25,180 Tax Amount $1,724.36 Change Rate Assessed CR Tax Rate +0.062206%
Year 2023 Assessed Value $27,720 Land Value $2,540 Improvement Value $25,180 Tax Amount $1,724.36 Change Rate +0.131514% Assessed CR Tax Rate +0.062206%
Year 2022 Assessed Value $24,380 Land Value $2,540 Improvement Value $21,840 Tax Amount $1,523.94 Change Rate -0.012877% Assessed CR Tax Rate +0.062508%
Year 2021 Assessed Value $22,760 Land Value $2,540 Improvement Value $20,220 Tax Amount $1,543.82 Change Rate +0.01369% Assessed CR Tax Rate +0.06783%
Year 2020 Assessed Value $22,440 Land Value $2,230 Improvement Value $20,210 Tax Amount $1,522.97 Change Rate +0.215023% Assessed CR Tax Rate +0.067869%
Year 2019 Assessed Value $22,440 Land Value $2,230 Improvement Value $20,210 Tax Amount $1,253.45 Change Rate +0.004608% Assessed CR Tax Rate +0.055858%
Year 2018 Assessed Value $22,360 Land Value Improvement Value Tax Amount $1,247.7 Change Rate Assessed CR Tax Rate +0.055801%
Year 2017 Assessed Value $22,360 Land Value Improvement Value Tax Amount $1,247.7 Change Rate Assessed CR Tax Rate +0.055801%
Year 2016 Assessed Value $22,360 Land Value Improvement Value Tax Amount $1,247.7 Change Rate Assessed CR Tax Rate +0.055801%
Year 2015 Assessed Value $22,360 Land Value Improvement Value Tax Amount $1,247.7 Change Rate +0.058225% Assessed CR Tax Rate +0.055801%
Year 2014 Assessed Value $21,340 Land Value Improvement Value Tax Amount $1,179.05 Change Rate Assessed CR Tax Rate +0.055251%