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225 Waters Edge Ln; Madison, AL Property Details

225 Waters Edge Ln, Madison, AL is a Condominium that was built in 1988. This property is currently Financed and is not for sale. Our records show that 225 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 838 square feet. The lot size of 225 Waters Edge Ln is 24 square feet.

Off market
225 Waters Edge Ln Madison, AL 35758
$132,000 Listing Price
2 Beds
1 Baths
838 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $132,000
  • Open Loans / Balance: 2 / $149,781
  • Est. Equity / %: $25,219 / 14.41%
  • Gross Yield: 6.699%
  • APN: 16-02-09-1-002-030.013-CONDO
  • Situs County: Madison
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • 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: 838/SqFt
  • Lot: 24/SqFt
  • Living: 838/SqFt
  • Building: 838/SqFt
  • Ground: 838/SqFt
  • Price Per Square Foot: $157.52

Legal Description

  • Description: UNIT 6 BLDG 11 225 WATERS EDGE LN WATERS EDGE VILLAGE PH V-C MADISON TOWNE CENTRE CONDOS SECT C CONDO BK 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: 34.70876 / -86.73919
  • Subdivision: Waters Edge Village Ph V
  • Property Class: Residential
  • County Use Code: 119

Amenities

  • Plus Four: 2578
  • Cooling: Yes
  • 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

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

Taxes

225 Waters Edge Ln has 8 associated Taxes items

225 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 $24,620. The APN we've located for 225 Waters Edge Ln is 16-02-09-1-002-030.013-CONDO.

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Taxes
  • Assessed Value:  $24,620
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-030.013-CONDO
  • Tax Amount:  1715.35
  • Tax Year:  2025
  • Market Value:  128300
  • Market Year:  2025

Tax History

225 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,620 Land Value Improvement Value $24,620 Tax Amount $1,715.35 Change Rate +0.06932% Assessed CR Tax Rate +0.069673%
Year 2024 Assessed Value $23,020 Land Value Improvement Value $23,020 Tax Amount $1,604.15 Change Rate +0.140307% Assessed CR Tax Rate +0.069685%
Year 2023 Assessed Value $20,180 Land Value Improvement Value $20,180 Tax Amount $1,406.77 Change Rate +0.26974% Assessed CR Tax Rate +0.069711%
Year 2022 Assessed Value $15,880 Land Value Improvement Value $15,880 Tax Amount $1,107.92 Change Rate +0.096278% Assessed CR Tax Rate +0.069768%
Year 2021 Assessed Value $14,480 Land Value Improvement Value $14,480 Tax Amount $1,010.62 Change Rate +0.012534% Assessed CR Tax Rate +0.069794%
Year 2020 Assessed Value $14,300 Land Value Improvement Value $14,300 Tax Amount $998.11 Change Rate +0.267586% Assessed CR Tax Rate +0.069798%
Year 2019 Assessed Value $13,620 Land Value Improvement Value $13,620 Tax Amount $787.41 Change Rate +0.039471% Assessed CR Tax Rate +0.057813%
Year 2018 Assessed Value $13,100 Land Value Improvement Value Tax Amount $757.51 Change Rate +0.252994% Assessed CR Tax Rate +0.057825%
Year 2017 Assessed Value $10,440 Land Value Improvement Value Tax Amount $604.56 Change Rate Assessed CR Tax Rate +0.057908%