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162 Waters Edge Ln; Madison, AL Property Details

162 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is currently a cash purchase and is not for sale. Our records show that 162 Waters Edge Ln has 1 bedroom, and 1 bathroom, and a total of 862 square feet. The lot size of 162 Waters Edge Ln is 25 square feet.

Off market
162 Waters Edge Ln Madison, AL 35758
$138,000 Listing Price
1 Beds
1 Baths
862 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $64,500
  • Open Loans / Balance: 2 / $151,898
  • Est. Equity / %: $17,102 / 10.12%
  • Gross Yield: 6.71%
  • APN: 16-02-09-1-002-026.014-CONDO
  • Situs County: Madison
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 1
  • 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: 862/SqFt
  • Lot: 25/SqFt
  • Living: 862/SqFt
  • Building: 862/SqFt
  • Ground: 862/SqFt
  • Price Per Square Foot: $74.83

Legal Description

  • Description: UNIT 7 BUILDING 4 MADISON TOWNE CENTRE CONDO SECTION C WATERS EDGE VILLAGE PHASE II CONDO BK 3 PG 58PB 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: 34.70957 / -86.738266
  • Subdivision: Waters Edge Village Ph Ii C
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2560
  • 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

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

Taxes

162 Waters Edge Ln has 8 associated Taxes items

162 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 $11,440. The APN we've located for 162 Waters Edge Ln is 16-02-09-1-002-026.014-CONDO.

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Taxes
  • Assessed Value:  $11,440
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-026.014-CONDO
  • Tax Amount:  757.08
  • Tax Year:  2025
  • Market Value:  120200
  • Market Year:  2025

Tax History

162 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,440 Land Value Improvement Value $11,440 Tax Amount $757.08 Change Rate +0.072883% Assessed CR Tax Rate +0.066178%
Year 2024 Assessed Value $10,700 Land Value Improvement Value $10,700 Tax Amount $705.65 Change Rate -0.4513% Assessed CR Tax Rate +0.065949%
Year 2023 Assessed Value $18,440 Land Value Improvement Value $18,440 Tax Amount $1,286.04 Change Rate +1.499252% Assessed CR Tax Rate +0.069742%
Year 2022 Assessed Value $7,260 Land Value Improvement Value $7,260 Tax Amount $514.57 Change Rate Assessed CR Tax Rate +0.070877%
Year 2021 Assessed Value $7,260 Land Value Improvement Value $7,260 Tax Amount $514.57 Change Rate +0.022047% Assessed CR Tax Rate +0.070877%
Year 2020 Assessed Value $14,340 Land Value Improvement Value $14,340 Tax Amount $503.47 Change Rate +0.248376% Assessed CR Tax Rate +0.035109%
Year 2019 Assessed Value $13,660 Land Value Improvement Value $13,660 Tax Amount $403.3 Change Rate Assessed CR Tax Rate +0.029524%
Year 2018 Assessed Value $6,560 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $5,240 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate