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196 Waters Edge Ln; Madison, AL Property Details

196 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 196 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 830 square feet. The lot size of 196 Waters Edge Ln is 24 square feet.

Off market
196 Waters Edge Ln Madison, AL 35758
$124,900 Listing Price
2 Beds
1 Baths
830 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Purchase Price: $115,500
  • Open Loans / Balance: 1 / $87,756
  • Est. Equity / %: $80,244 / 47.76%
  • Gross Yield: 6.807%
  • APN: 16-02-09-1-002-024.015-CONDO
  • Situs County: Madison
  • Length Of Ownership: 8 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: 830/SqFt
  • Lot: 24/SqFt
  • Living: 830/SqFt
  • Building: 830/SqFt
  • Ground: 830/SqFt
  • Price Per Square Foot: $139.16

Legal Description

  • Description: UNIT 8 BLDG 6 #196 MADISON TOWNE CENTRE CONDOMINIUM SECTION C WATERS EDGE VILLAGE PHASE IV WITH INTEREST IN COMM ELE IN CONDO
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: 34.70969 / -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: $164
  • H O A Amount: $164
  • 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

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

Taxes

196 Waters Edge Ln has 8 associated Taxes items

196 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 $23,040. The APN we've located for 196 Waters Edge Ln is 16-02-09-1-002-024.015-CONDO.

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Taxes
  • Assessed Value:  $23,040
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-024.015-CONDO
  • Tax Amount:  1605.43
  • Tax Year:  2025
  • Market Value:  115200
  • Market Year:  2025

Tax History

196 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,040 Land Value Improvement Value $23,040 Tax Amount $1,605.43 Change Rate +0.060607% Assessed CR Tax Rate +0.06968%
Year 2024 Assessed Value $21,720 Land Value Improvement Value $21,720 Tax Amount $1,513.69 Change Rate +0.052175% Assessed CR Tax Rate +0.069691%
Year 2023 Assessed Value $20,640 Land Value Improvement Value $20,640 Tax Amount $1,438.63 Change Rate +0.227762% Assessed CR Tax Rate +0.069701%
Year 2022 Assessed Value $16,800 Land Value Improvement Value $16,800 Tax Amount $1,171.75 Change Rate Assessed CR Tax Rate +0.069747%
Year 2021 Assessed Value $16,800 Land Value Improvement Value $16,800 Tax Amount $1,171.75 Change Rate +1.890284% Assessed CR Tax Rate +0.069747%
Year 2020 Assessed Value $6,380 Land Value Improvement Value $6,380 Tax Amount $405.41 Change Rate +0.301059% Assessed CR Tax Rate +0.063544%
Year 2019 Assessed Value $6,080 Land Value Improvement Value $6,080 Tax Amount $311.6 Change Rate -0.540447% Assessed CR Tax Rate +0.05125%
Year 2018 Assessed Value $11,720 Land Value Improvement Value Tax Amount $678.05 Change Rate +0.250207% Assessed CR Tax Rate +0.057854%
Year 2017 Assessed Value $9,360 Land Value Improvement Value Tax Amount $542.35 Change Rate Assessed CR Tax Rate +0.057943%