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215 Waters Edge Ln; Madison, AL Property Details

215 Waters Edge Ln, Madison, AL is a Condominium that was built in 1989. This property is currently a cash purchase and is not for sale. Our records show that 215 Waters Edge Ln has 1 bedroom, and 1.5 bathrooms, and a total of 959 square feet. The lot size of 215 Waters Edge Ln is 24 square feet.

For Rent
215 Waters Edge Ln Madison, AL 35758
$700 Listing Price
1 Beds
1.5 Baths
959 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Purchase Price: $168,750
  • Open Loans / Balance: 1 / $6,591
  • Est. Equity / %: $164,409 / 96.15%
  • Gross Yield: 7.993%
  • APN: 16-02-09-1-002-030.008-CONDO
  • Situs County: Madison
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial 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: 959/SqFt
  • Lot: 24/SqFt
  • Living: 959/SqFt
  • Building: 959/SqFt
  • Ground: 959/SqFt
  • Price Per Square Foot: $175.96

Legal Description

  • Description: UNIT 1 BLDG 11 WATERS EDGE VILLAGE PH V SEC C CB 3 PG 58 & PB 23 PG 17
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: 34.709064 / -86.739174
  • Subdivision: Waters Edge Village Ph V
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2578
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $197
  • H O A Two: $126
  • H O A Amount: $323
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Madison Towne Centre Condominium Assoc
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Waters Edge Condo Llc
  • H O A Two Type: Condo Owner Association

Ownership Info

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

Taxes

215 Waters Edge Ln has 8 associated Taxes items

215 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 $30,200. The APN we've located for 215 Waters Edge Ln is 16-02-09-1-002-030.008-CONDO.

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Taxes
  • Assessed Value:  $30,200
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-030.008-CONDO
  • Tax Amount:  2103.77
  • Tax Year:  2025
  • Market Value:  151000
  • Market Year:  2025

Tax History

215 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,200 Land Value Improvement Value $30,200 Tax Amount $2,103.77 Change Rate +0.117802% Assessed CR Tax Rate +0.069661%
Year 2024 Assessed Value $27,080 Land Value Improvement Value $27,080 Tax Amount $1,882.06 Change Rate +0.139731% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $23,760 Land Value Improvement Value $23,760 Tax Amount $1,651.32 Change Rate +0.265845% Assessed CR Tax Rate +0.0695%
Year 2022 Assessed Value $18,700 Land Value Improvement Value $18,700 Tax Amount $1,304.52 Change Rate +0.093185% Assessed CR Tax Rate +0.06976%
Year 2021 Assessed Value $17,100 Land Value Improvement Value $17,100 Tax Amount $1,193.32 Change Rate +0.011785% Assessed CR Tax Rate +0.069785%
Year 2020 Assessed Value $16,900 Land Value Improvement Value $16,900 Tax Amount $1,179.42 Change Rate +0.267349% Assessed CR Tax Rate +0.069788%
Year 2019 Assessed Value $16,100 Land Value Improvement Value $16,100 Tax Amount $930.62 Change Rate +0.043858% Assessed CR Tax Rate +0.057802%
Year 2018 Assessed Value $15,420 Land Value Improvement Value Tax Amount $891.52 Change Rate +0.218473% Assessed CR Tax Rate +0.057816%
Year 2017 Assessed Value $12,640 Land Value Improvement Value Tax Amount $731.67 Change Rate Assessed CR Tax Rate +0.057885%