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218 Waters Edge Ln; Madison, AL Property Details

218 Waters Edge Ln, Madison, AL is a Condominium that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 218 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 1,055 square feet. The lot size of 218 Waters Edge Ln is 25 square feet.

For Rent
218 Waters Edge Ln Madison, AL 35758
$975 Listing Price
2 Beds
1 Baths
1,055 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $78,000
  • Est. Equity / %: $179,000 / 100%
  • Gross Yield: 7.877%
  • APN: 16-02-09-1-002-035.009-CONDO
  • Situs County: Madison
  • Length Of Ownership: 7 years, 5 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: 1,055/SqFt
  • Lot: 25/SqFt
  • Living: 1,055/SqFt
  • Building: 1,055/SqFt
  • Ground: 1,055/SqFt
  • Price Per Square Foot: $73.93

Legal Description

  • Description: UNIT 2 BLDG 22 MADISON TOWNE CENTRE CONDO SEC C WATERS EDGE VILLAGE PHASE XII C & COMM ELE AS LISTED IN CONDO BK 3 PG 58 PB 2
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: 34.708435 / -86.73831
  • Subdivision: Waters Edge Village Ph Xii
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2586
  • 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

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

Taxes

218 Waters Edge Ln has 8 associated Taxes items

218 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 $31,320. The APN we've located for 218 Waters Edge Ln is 16-02-09-1-002-035.009-CONDO.

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Taxes
  • Assessed Value:  $31,320
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-035.009-CONDO
  • Tax Amount:  2182.31
  • Tax Year:  2025
  • Market Value:  163300
  • Market Year:  2025

Tax History

218 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,320 Land Value Improvement Value $31,320 Tax Amount $2,182.31 Change Rate +0.069482% Assessed CR Tax Rate +0.069678%
Year 2024 Assessed Value $29,280 Land Value Improvement Value $29,280 Tax Amount $2,040.53 Change Rate +0.139751% Assessed CR Tax Rate +0.06969%
Year 2023 Assessed Value $25,680 Land Value Improvement Value $25,680 Tax Amount $1,790.33 Change Rate +0.270215% Assessed CR Tax Rate +0.069717%
Year 2022 Assessed Value $20,200 Land Value Improvement Value $20,200 Tax Amount $1,409.47 Change Rate +0.113062% Assessed CR Tax Rate +0.069776%
Year 2021 Assessed Value $18,140 Land Value Improvement Value $18,140 Tax Amount $1,266.3 Change Rate +0.042334% Assessed CR Tax Rate +0.069807%
Year 2020 Assessed Value $17,400 Land Value Improvement Value $17,400 Tax Amount $1,214.87 Change Rate +0.266915% Assessed CR Tax Rate +0.06982%
Year 2019 Assessed Value $16,580 Land Value Improvement Value $16,580 Tax Amount $958.92 Change Rate +0.00482% Assessed CR Tax Rate +0.057836%
Year 2018 Assessed Value $16,500 Land Value Improvement Value Tax Amount $954.32 Change Rate +0.111134% Assessed CR Tax Rate +0.057838%
Year 2017 Assessed Value $14,840 Land Value Improvement Value Tax Amount $858.87 Change Rate Assessed CR Tax Rate +0.057875%