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191 Waters Edge Ln; Madison, AL Property Details

191 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 191 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 1,060 square feet. The lot size of 191 Waters Edge Ln is 25 square feet.

Off market
191 Waters Edge Ln Madison, AL 35758
$132,000 Listing Price
2 Beds
1 Baths
1,060 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $132,000
  • Open Loans / Balance: 1 / $55,474
  • Est. Equity / %: $135,526 / 70.96%
  • Gross Yield: 8.054%
  • APN: 16-02-09-1-002-029.012-CONDO
  • Situs County: Madison
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Hardwood
  • 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: 1,060/SqFt
  • Lot: 25/SqFt
  • Living: 1,060/SqFt
  • Building: 1,060/SqFt
  • Ground: 858/SqFt
  • Price Per Square Foot: $124.53

Legal Description

  • Description: UNIT 5 BLDG 9 #191 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: 34.709206 / -86.73905
  • 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

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

Taxes

191 Waters Edge Ln has 8 associated Taxes items

191 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 $35,640. The APN we've located for 191 Waters Edge Ln is 16-02-09-1-002-029.012-CONDO.

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Taxes
  • Assessed Value:  $35,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-029.012-CONDO
  • Tax Amount:  2482.32
  • Tax Year:  2025
  • Market Value:  178200
  • Market Year:  2025

Tax History

191 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,640 Land Value Improvement Value $35,640 Tax Amount $2,482.32 Change Rate +0.034671% Assessed CR Tax Rate +0.06965%
Year 2024 Assessed Value $34,520 Land Value Improvement Value $34,520 Tax Amount $2,399.14 Change Rate +0.052439% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $32,800 Land Value Improvement Value $32,800 Tax Amount $2,279.6 Change Rate +0.22769% Assessed CR Tax Rate +0.0695%
Year 2022 Assessed Value $26,640 Land Value Improvement Value $26,640 Tax Amount $1,856.82 Change Rate Assessed CR Tax Rate +0.0697%
Year 2021 Assessed Value $26,640 Land Value Improvement Value $26,640 Tax Amount $1,856.82 Change Rate +0.822145% Assessed CR Tax Rate +0.0697%
Year 2020 Assessed Value $7,300 Land Value Improvement Value $7,300 Tax Amount $1,019.03 Change Rate +0.2663% Assessed CR Tax Rate +0.139593%
Year 2019 Assessed Value $6,960 Land Value Improvement Value $6,960 Tax Amount $804.73 Change Rate +0.035515% Assessed CR Tax Rate +0.115622%
Year 2018 Assessed Value $13,440 Land Value Improvement Value Tax Amount $777.13 Change Rate +0.251961% Assessed CR Tax Rate +0.057822%
Year 2017 Assessed Value $10,720 Land Value Improvement Value Tax Amount $620.73 Change Rate Assessed CR Tax Rate +0.057904%