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187 Waters Edge Ln; Madison, AL Property Details

187 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 187 Waters Edge Ln has 1 bathroom, and a total of 862 square feet. The lot size of 187 Waters Edge Ln is 25 square feet.

Off market
187 Waters Edge Ln Madison, AL 35758
$10,120 Estimated Value
1 Baths
862 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $67,000
  • Est. Equity / %: $156,000 / 100%
  • Gross Yield: 7.454%
  • APN: 16-02-09-1-002-029.010-CONDO
  • Situs County: Madison
  • Length Of Ownership: 19 years, 5 months

Rooms

  • 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: $77.73

Legal Description

  • Description: UNIT 3 BLDG 9 #187 MADISON TOWNE CENTRE CONDOMINIUM SECTION C WATERS EDGE VILLAGE PHASE III WITH INTEREST IN COMMON ELEMENTS
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: 34.709274 / -86.73906
  • Subdivision: Water'S Edge Village Ph Iii C
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2577
  • 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

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

Taxes

187 Waters Edge Ln has 8 associated Taxes items

187 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 $10,120. The APN we've located for 187 Waters Edge Ln is 16-02-09-1-002-029.010-CONDO.

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Taxes
  • Assessed Value:  $10,120
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-029.010-CONDO
  • Tax Amount:  625.56
  • Tax Year:  2025
  • Market Value:  117100
  • Market Year:  2025

Tax History

187 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,120 Land Value Improvement Value $10,120 Tax Amount $625.56 Change Rate +0.071201% Assessed CR Tax Rate +0.061814%
Year 2024 Assessed Value $9,460 Land Value Improvement Value $9,460 Tax Amount $583.98 Change Rate +0.05461% Assessed CR Tax Rate +0.061732%
Year 2023 Assessed Value $8,980 Land Value Improvement Value $8,980 Tax Amount $553.74 Change Rate +0.275781% Assessed CR Tax Rate +0.061664%
Year 2022 Assessed Value $7,080 Land Value Improvement Value $7,080 Tax Amount $434.04 Change Rate -0.044091% Assessed CR Tax Rate +0.061305%
Year 2021 Assessed Value $7,080 Land Value Improvement Value $7,080 Tax Amount $454.06 Change Rate +0.015544% Assessed CR Tax Rate +0.064133%
Year 2020 Assessed Value $6,980 Land Value Improvement Value $6,980 Tax Amount $447.11 Change Rate +0.296159% Assessed CR Tax Rate +0.064056%
Year 2019 Assessed Value $6,650 Land Value Improvement Value $6,650 Tax Amount $344.95 Change Rate +0.045303% Assessed CR Tax Rate +0.051872%
Year 2018 Assessed Value $6,400 Land Value Improvement Value Tax Amount $330 Change Rate +0.29285% Assessed CR Tax Rate +0.051563%
Year 2017 Assessed Value $5,100 Land Value Improvement Value Tax Amount $255.25 Change Rate Assessed CR Tax Rate +0.050049%