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308 Honor Way; Madison, AL Property Details

308 Honor Way, Madison, AL is a Single Family that was built in 2001. This property is currently Financed and is not for sale. Our records show that 308 Honor Way has 1.5 bathrooms, and a total of 2,120 square feet. The lot size of 308 Honor Way is 14,854 square feet.

Off market
308 Honor Way Madison, AL 35758
$36,820 Estimated Value
1.5 Baths
2,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2001
  • Purchase Price: $54,000
  • Open Loans / Balance: 1 / $199,688
  • Est. Equity / %: $206,312 / 50.82%
  • Gross Yield: 7.363%
  • APN: 15-09-31-1-003-013.000
  • Situs County: Madison
  • Length Of Ownership: 19 years, 1 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • 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: 2,120/SqFt
  • Lot: 14,854/SqFt
  • Living: 2,120/SqFt
  • Building: 2,120/SqFt
  • Ground: 2,120/SqFt
  • Price Per Square Foot: $25.47

Legal Description

  • Description: LOT 50 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: 34.743336 / -86.77522
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6280
  • Bathroom Fixtures: 10
  • 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

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

Taxes

308 Honor Way has 8 associated Taxes items

308 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 $36,820. The APN we've located for 308 Honor Way is 15-09-31-1-003-013.000.

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Taxes
  • Assessed Value:  $36,820
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-013.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Market Value:  368100
  • Market Year:  2025

Tax History

308 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,820 Land Value $7,500 Improvement Value $29,320 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $35,620 Land Value $7,000 Improvement Value $28,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $34,460 Land Value $7,000 Improvement Value $27,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $30,260 Land Value $5,460 Improvement Value $24,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $26,160 Land Value $3,420 Improvement Value $22,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $24,870 Land Value $3,410 Improvement Value $21,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $23,960 Land Value $3,410 Improvement Value $20,550 Tax Amount $1,340.85 Change Rate +0.054252% Assessed CR Tax Rate +0.055962%
Year 2018 Assessed Value $22,780 Land Value Improvement Value Tax Amount $1,271.85 Change Rate +0.008205% Assessed CR Tax Rate +0.055832%
Year 2017 Assessed Value $22,600 Land Value Improvement Value Tax Amount $1,261.5 Change Rate Assessed CR Tax Rate +0.055819%
Year 2016 Assessed Value $22,600 Land Value Improvement Value Tax Amount $1,261.5 Change Rate Assessed CR Tax Rate +0.055819%
Year 2015 Assessed Value $22,600 Land Value Improvement Value Tax Amount $1,261.5 Change Rate +0.021127% Assessed CR Tax Rate +0.055819%
Year 2014 Assessed Value $22,320 Land Value Improvement Value Tax Amount $1,235.4 Change Rate Assessed CR Tax Rate +0.055349%