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194 Waters Edge Ln; Madison, AL Property Details

194 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 194 Waters Edge Ln has 1 bedroom, and 1 bathroom, and a total of 862 square feet. The lot size of 194 Waters Edge Ln is 25 square feet.

Off market
194 Waters Edge Ln Madison, AL 35758
$115,000 Listing Price
1 Beds
1 Baths
862 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $140,000
  • Open Loans / Balance: 2 / $135,835
  • Est. Equity / %: $12,165 / 8.22%
  • Gross Yield: 6.892%
  • APN: 16-02-09-1-002-024.014-CONDO
  • Situs County: Madison
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 1
  • 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: 862/SqFt
  • Lot: 25/SqFt
  • Living: 862/SqFt
  • Building: 862/SqFt
  • Ground: 862/SqFt
  • Price Per Square Foot: $162.41

Legal Description

  • Description: UNIT 7 BLDG 6 WATERS EDGE VILLAGE PHASE 1V-C MADISON TOWNE CENTRE CONDO SEC C & COMM ELE AS LISTED IN CONDO BK 3 PG 58 PB 19
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: 34.709724 / -86.73899
  • Subdivision: Water'S Edge Village Ph Iv 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

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

Taxes

194 Waters Edge Ln has 8 associated Taxes items

194 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 $27,600. The APN we've located for 194 Waters Edge Ln is 16-02-09-1-002-024.014-CONDO.

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Taxes
  • Assessed Value:  $27,600
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-024.014-CONDO
  • Tax Amount:  1922.62
  • Tax Year:  2025
  • Market Value:  138000
  • Market Year:  2025

Tax History

194 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,600 Land Value Improvement Value $27,600 Tax Amount $1,922.62 Change Rate +0.051704% Assessed CR Tax Rate +0.06966%
Year 2024 Assessed Value $26,240 Land Value Improvement Value $26,240 Tax Amount $1,828.1 Change Rate +0.052835% Assessed CR Tax Rate +0.069668%
Year 2023 Assessed Value $24,920 Land Value Improvement Value $24,920 Tax Amount $1,736.36 Change Rate +1.770109% Assessed CR Tax Rate +0.069677%
Year 2022 Assessed Value $10,140 Land Value Improvement Value $10,140 Tax Amount $626.82 Change Rate +0.200414% Assessed CR Tax Rate +0.061817%
Year 2021 Assessed Value $8,060 Land Value Improvement Value $8,060 Tax Amount $522.17 Change Rate -0.043294% Assessed CR Tax Rate +0.064785%
Year 2020 Assessed Value $8,390 Land Value Improvement Value $8,390 Tax Amount $545.8 Change Rate +0.563538% Assessed CR Tax Rate +0.065054%
Year 2019 Assessed Value $7,080 Land Value Improvement Value $7,080 Tax Amount $349.08 Change Rate +0.036338% Assessed CR Tax Rate +0.049305%
Year 2018 Assessed Value $6,840 Land Value Improvement Value Tax Amount $336.84 Change Rate +0.03979% Assessed CR Tax Rate +0.049246%
Year 2017 Assessed Value $5,460 Land Value Improvement Value Tax Amount $323.95 Change Rate Assessed CR Tax Rate +0.059332%