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188 Waters Edge Ln; Madison, AL Property Details

188 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is currently a cash purchase and is for sale. Our records show that 188 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 634 square feet. The lot size of 188 Waters Edge Ln is 25 square feet.

On Market for 156 days
188 Waters Edge Ln Madison, AL 35758
$140,000 Listing Price
2 Beds
1 Baths
634 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $140,000
  • Est. Equity / %: $142,000 / 100%
  • Gross Yield: 6.317%
  • APN: 16-02-09-1-002-024.011-CONDO
  • Situs County: Madison
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 2
  • 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: 634/SqFt
  • Lot: 25/SqFt
  • Living: 634/SqFt
  • Building: 634/SqFt
  • Ground: 634/SqFt
  • Price Per Square Foot: $220.82

Legal Description

  • Description: UNIT 4 BLDG 6 #188 MADISON TOWNE CENTRE CONDOMINIUM SECTION C WATERS EDGE VILLAGE PHASE IV-C 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: 34.709835 / -86.73899
  • Subdivision: Water'S Edge Village Ph Iv C
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2560
  • 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

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

Taxes

188 Waters Edge Ln has 8 associated Taxes items

188 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 $19,840. The APN we've located for 188 Waters Edge Ln is 16-02-09-1-002-024.011-CONDO.

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Taxes
  • Assessed Value:  $19,840
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-024.011-CONDO
  • Tax Amount:  1382.14
  • Tax Year:  2025
  • Market Value:  99200
  • Market Year:  2025

Tax History

188 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,840 Land Value Improvement Value $19,840 Tax Amount $1,382.14 Change Rate +0.225551% Assessed CR Tax Rate +0.069664%
Year 2024 Assessed Value $16,180 Land Value Improvement Value $16,180 Tax Amount $1,127.77 Change Rate +0.053223% Assessed CR Tax Rate +0.069701%
Year 2023 Assessed Value $15,360 Land Value Improvement Value $15,360 Tax Amount $1,070.78 Change Rate +0.268381% Assessed CR Tax Rate +0.069712%
Year 2022 Assessed Value $12,100 Land Value Improvement Value $12,100 Tax Amount $844.21 Change Rate Assessed CR Tax Rate +0.069769%
Year 2021 Assessed Value $12,100 Land Value Improvement Value $12,100 Tax Amount $844.21 Change Rate +0.013348% Assessed CR Tax Rate +0.069769%
Year 2020 Assessed Value $11,940 Land Value Improvement Value $11,940 Tax Amount $833.09 Change Rate +0.266845% Assessed CR Tax Rate +0.069773%
Year 2019 Assessed Value $11,380 Land Value Improvement Value $11,380 Tax Amount $657.61 Change Rate +0.012393% Assessed CR Tax Rate +0.057786%
Year 2018 Assessed Value $11,240 Land Value Improvement Value Tax Amount $649.56 Change Rate +0.252864% Assessed CR Tax Rate +0.05779%
Year 2017 Assessed Value $8,960 Land Value Improvement Value Tax Amount $518.46 Change Rate Assessed CR Tax Rate +0.057864%