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202 Falling Water Ln; Madison, AL Property Details

202 Falling Water Ln, Madison, AL is a Townhouse that was built in 2013. This property is currently Financed and is not for sale. Our records show that 202 Falling Water Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 632 square feet. The lot size of 202 Falling Water Ln is 4,924 square feet.

Off market
202 Falling Water Ln SW Madison, AL 35756
$249,900 Listing Price
3 Beds
1.5 Baths
632 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2013
  • Purchase Price: $249,900
  • Open Loans / Balance: 2 / $246,123
  • Est. Equity / %: $5,877 / 2.33%
  • Gross Yield: 7.495%
  • APN: 25-02-09-0-000-002.047
  • Situs County: Madison
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 632/SqFt
  • Lot: 4,924/SqFt
  • Living: 632/SqFt
  • Building: 632/SqFt
  • Ground: 632/SqFt
  • Price Per Square Foot: $395.41

Legal Description

  • Description: LOT 56 THE PROMENADE PHASE 1 AT RIVER LANDING PB # 20080103000005630
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Huntsville City School District
  • Lat / Lon: 34.612427 / -86.7392
  • Subdivision: Promenade Ph 1 At River
  • Property Class: Residential
  • County Use Code: 118

Amenities

  • Plus Four: 2816
  • Bathroom Fixtures: 9
  • Cooling: Packaged Unit
  • Heating: Yes

HOA

  • H O A One: $430
  • H O A Amount: $430
  • H O A One Frequency: Annual
  • H O A One Name: River Landing Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

202 Falling Water Ln SW has no associated ownership info
202 Falling Water Ln SW has no associated ownership info.

Taxes

202 Falling Water Ln SW has 10 associated Taxes items

202 Falling Water 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 $27,260. The APN we've located for 202 Falling Water Ln is 25-02-09-0-000-002.047.

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Taxes
  • Assessed Value:  $27,260
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  25-02-09-0-000-002.047
  • Assessed Land Value:  5860
  • Market Land Value:  58500
  • Tax Amount:  1533.08
  • Tax Year:  2025
  • Market Value:  272500
  • Market Year:  2025

Tax History

202 Falling Water Ln SW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,260 Land Value $5,860 Improvement Value $21,400 Tax Amount $1,533.08 Change Rate -0.496142% Assessed CR Tax Rate +0.056239%
Year 2024 Assessed Value $52,460 Land Value $11,700 Improvement Value $40,760 Tax Amount $3,042.68 Change Rate Assessed CR Tax Rate +0.058%
Year 2023 Assessed Value $52,460 Land Value $11,700 Improvement Value $40,760 Tax Amount $3,042.68 Change Rate +0.07412% Assessed CR Tax Rate +0.058%
Year 2022 Assessed Value $48,840 Land Value $11,700 Improvement Value $37,140 Tax Amount $2,832.72 Change Rate +0.473748% Assessed CR Tax Rate +0.058%
Year 2021 Assessed Value $33,140 Land Value $6,500 Improvement Value $26,640 Tax Amount $1,922.12 Change Rate +0.171853% Assessed CR Tax Rate +0.058%
Year 2020 Assessed Value $28,280 Land Value $6,500 Improvement Value $21,780 Tax Amount $1,640.24 Change Rate +0.032117% Assessed CR Tax Rate +0.058%
Year 2019 Assessed Value $27,400 Land Value $6,500 Improvement Value $20,900 Tax Amount $1,589.2 Change Rate -0.0094% Assessed CR Tax Rate +0.058%
Year 2018 Assessed Value $27,660 Land Value Improvement Value Tax Amount $1,604.28 Change Rate Assessed CR Tax Rate +0.058%
Year 2017 Assessed Value $27,660 Land Value Improvement Value Tax Amount $1,604.28 Change Rate +0.057339% Assessed CR Tax Rate +0.058%
Year 2016 Assessed Value $26,160 Land Value Improvement Value Tax Amount $1,517.28 Change Rate Assessed CR Tax Rate +0.058%
Year 2015 Assessed Value $26,160 Land Value Improvement Value Tax Amount $1,517.28 Change Rate +0.528037% Assessed CR Tax Rate +0.058%
Year 2014 Assessed Value $17,120 Land Value Improvement Value Tax Amount $992.96 Change Rate Assessed CR Tax Rate +0.058%