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306 Honor Way; Madison, AL Property Details

306 Honor Way, Madison, AL is a Single Family that was built in 2004. This property is not for sale. Our records show that 306 Honor Way has 2 bathrooms, and a total of 1,201 square feet. The lot size of 306 Honor Way is 14,593 square feet.

Off market
306 Honor Way Madison, AL 35758
$37,040 Estimated Value
2 Baths
1,201 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2004
  • Open Loans / Balance: 1 / $124,220
  • Est. Equity / %: $297,780 / 70.56%
  • Gross Yield: 7.126%
  • APN: 15-09-31-1-003-014.000
  • Situs County: Madison

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Wood
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,201/SqFt
  • Lot: 14,593/SqFt
  • Living: 1,201/SqFt
  • Building: 1,201/SqFt
  • Ground: 1,201/SqFt

Legal Description

  • Description: LOT 49 LEXINGTON 4TH ADD A RESUB OF TRACT #1 LEXINGTON 3RD ADD & A RESUB OF TRACT #1 LEXINGTON S/D PH II A RESUB OF TRACT 4 O
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.74334 / -86.7755
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6280
  • Bathroom Fixtures: 12
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

306 Honor Way has no associated ownership info
306 Honor Way has no associated ownership info.

Taxes

306 Honor Way has 10 associated Taxes items

306 Honor Way, 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 $37,040. The APN we've located for 306 Honor Way is 15-09-31-1-003-014.000.

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Taxes
  • Assessed Value:  $37,040
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-014.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2536.28
  • Tax Year:  2025
  • Market Value:  370300
  • Market Year:  2025

Tax History

306 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,040 Land Value $7,500 Improvement Value $29,540 Tax Amount $2,536.28 Change Rate +0.034001% Assessed CR Tax Rate +0.068474%
Year 2024 Assessed Value $35,840 Land Value $7,000 Improvement Value $28,840 Tax Amount $2,452.88 Change Rate +0.033984% Assessed CR Tax Rate +0.06844%
Year 2023 Assessed Value $34,680 Land Value $7,000 Improvement Value $27,680 Tax Amount $2,372.26 Change Rate +0.134249% Assessed CR Tax Rate +0.068404%
Year 2022 Assessed Value $30,640 Land Value $5,400 Improvement Value $25,240 Tax Amount $2,091.48 Change Rate +0.084314% Assessed CR Tax Rate +0.06826%
Year 2021 Assessed Value $28,300 Land Value $3,380 Improvement Value $24,920 Tax Amount $1,928.85 Change Rate +0.053124% Assessed CR Tax Rate +0.068157%
Year 2020 Assessed Value $26,890 Land Value $3,370 Improvement Value $23,520 Tax Amount $1,831.55 Change Rate +0.261051% Assessed CR Tax Rate +0.068113%
Year 2019 Assessed Value $25,900 Land Value $3,370 Improvement Value $22,530 Tax Amount $1,452.4 Change Rate +0.061347% Assessed CR Tax Rate +0.056077%
Year 2018 Assessed Value $24,460 Land Value Improvement Value Tax Amount $1,368.45 Change Rate +0.008475% Assessed CR Tax Rate +0.055946%
Year 2017 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,356.95 Change Rate Assessed CR Tax Rate +0.055934%
Year 2016 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,356.95 Change Rate Assessed CR Tax Rate +0.055934%
Year 2015 Assessed Value $24,260 Land Value Improvement Value Tax Amount $1,356.95 Change Rate +0.020493% Assessed CR Tax Rate +0.055934%
Year 2014 Assessed Value $23,960 Land Value Improvement Value Tax Amount $1,329.7 Change Rate Assessed CR Tax Rate +0.055497%