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197 Waters Edge Ln; Madison, AL Property Details

197 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 197 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 633 square feet. The lot size of 197 Waters Edge Ln is 24 square feet.

Off market
197 Waters Edge Ln Madison, AL 35758
$39,100 Listing Price
2 Beds
1 Baths
633 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $391,100
  • Open Loans / Balance: 1 / $49,635
  • Est. Equity / %: $89,365 / 64.29%
  • Gross Yield: 5.862%
  • APN: 16-02-09-1-002-029.015-CONDO
  • Situs County: Madison
  • Length Of Ownership: 10 years, 4 months

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: 633/SqFt
  • Lot: 24/SqFt
  • Living: 633/SqFt
  • Building: 633/SqFt
  • Ground: 633/SqFt
  • Price Per Square Foot: $617.85

Legal Description

  • Description: UNIT 8 BLDG 9 MADISON TOWNE CENTRE CONDO SEC C WATERS EDGE VILLAGE PHASE III-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: 34.709114 / -86.739044
  • 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

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

Taxes

197 Waters Edge Ln has 8 associated Taxes items

197 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 $15,780. The APN we've located for 197 Waters Edge Ln is 16-02-09-1-002-029.015-CONDO.

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Taxes
  • Assessed Value:  $15,780
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-029.015-CONDO
  • Tax Amount:  1099.89
  • Tax Year:  2025
  • Market Value:  91400
  • Market Year:  2025

Tax History

197 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,780 Land Value Improvement Value $15,780 Tax Amount $1,099.89 Change Rate +0.068892% Assessed CR Tax Rate +0.069702%
Year 2024 Assessed Value $14,760 Land Value Improvement Value $14,760 Tax Amount $1,029 Change Rate +0.05261% Assessed CR Tax Rate +0.069715%
Year 2023 Assessed Value $14,020 Land Value Improvement Value $14,020 Tax Amount $977.57 Change Rate +0.268813% Assessed CR Tax Rate +0.069727%
Year 2022 Assessed Value $11,040 Land Value Improvement Value $11,040 Tax Amount $770.46 Change Rate +1.229082% Assessed CR Tax Rate +0.069788%
Year 2021 Assessed Value $5,520 Land Value Improvement Value $5,520 Tax Amount $345.64 Change Rate +0.012212% Assessed CR Tax Rate +0.062616%
Year 2020 Assessed Value $5,460 Land Value Improvement Value $5,460 Tax Amount $341.47 Change Rate +0.308314% Assessed CR Tax Rate +0.06254%
Year 2019 Assessed Value $5,200 Land Value Improvement Value $5,200 Tax Amount $261 Change Rate +0.017941% Assessed CR Tax Rate +0.050192%
Year 2018 Assessed Value $5,120 Land Value Improvement Value Tax Amount $256.4 Change Rate +0.304171% Assessed CR Tax Rate +0.050078%
Year 2017 Assessed Value $4,080 Land Value Improvement Value Tax Amount $196.6 Change Rate Assessed CR Tax Rate +0.048186%