Large Location Icon

226 Waters Edge Ln; Madison, AL Property Details

226 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 226 Waters Edge Ln has 2 bedrooms, and 1 bathroom, and a total of 1,055 square feet. The lot size of 226 Waters Edge Ln is 25 square feet.

Off market
226 Waters Edge Ln Madison, AL 35758
$96,900 Listing Price
2 Beds
1 Baths
1,055 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $95,000
  • Open Loans / Balance: 2 / $109,319
  • Est. Equity / %: $75,681 / 40.91%
  • Gross Yield: 7.622%
  • APN: 16-02-09-1-002-035.013-CONDO
  • Situs County: Madison
  • Length Of Ownership: 7 years, 2 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: $90.05

Legal Description

  • Description: UNIT 6 BLDG 22 MADISON TOWNE CENTRE SEC C WATERS EDGE VILLAGE PH XII C & COMM ELE AS LISTED IN CONDO BK 3 PG 58 PB 28 PG 73
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: 34.708374 / -86.73813
  • 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

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

Taxes

226 Waters Edge Ln has 8 associated Taxes items

226 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 $15,660. The APN we've located for 226 Waters Edge Ln is 16-02-09-1-002-035.013-CONDO.

Unlock the full report
Taxes
  • Assessed Value:  $15,660
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-1-002-035.013-CONDO
  • Tax Amount:  1050.37
  • Tax Year:  2025
  • Market Value:  163300
  • Market Year:  2025

Tax History

226 Waters Edge Ln has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,660 Land Value Improvement Value $15,660 Tax Amount $1,050.37 Change Rate +0.072375% Assessed CR Tax Rate +0.067073%
Year 2024 Assessed Value $14,640 Land Value Improvement Value $14,640 Tax Amount $979.48 Change Rate +0.146422% Assessed CR Tax Rate +0.066904%
Year 2023 Assessed Value $12,840 Land Value Improvement Value $12,840 Tax Amount $854.38 Change Rate -0.001624% Assessed CR Tax Rate +0.06654%
Year 2022 Assessed Value $12,860 Land Value Improvement Value $12,860 Tax Amount $855.77 Change Rate +0.104006% Assessed CR Tax Rate +0.066545%
Year 2021 Assessed Value $11,700 Land Value Improvement Value $11,700 Tax Amount $775.15 Change Rate -0.361948% Assessed CR Tax Rate +0.066252%
Year 2020 Assessed Value $8,700 Land Value Improvement Value $8,700 Tax Amount $1,214.87 Change Rate +0.266915% Assessed CR Tax Rate +0.13964%
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%