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309 Honor Way; Madison, AL Property Details

309 Honor Way, Madison, AL is a Single Family that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 309 Honor Way has 3 bedrooms, and 2 bathrooms, and a total of 2,375 square feet. The lot size of 309 Honor Way is 13,286 square feet.

Off market
309 Honor Way Madison, AL 35758
$510,000 Listing Price
3 Beds
2 Baths
2,375 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $510,000
  • Est. Equity / %: $461,000 / 100%
  • Gross Yield: 7.059%
  • APN: 15-09-31-1-003-024.000
  • Situs County: Madison
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

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: 2,375/SqFt
  • Lot: 13,286/SqFt
  • Living: 2,375/SqFt
  • Building: 2,375/SqFt
  • Ground: 2,375/SqFt
  • Price Per Square Foot: $214.74

Legal Description

  • Description: LOT 39 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: 34.74271 / -86.77493
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6281
  • 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

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

Taxes

309 Honor Way has 10 associated Taxes items

309 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 $46,060. The APN we've located for 309 Honor Way is 15-09-31-1-003-024.000.

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Taxes
  • Assessed Value:  $46,060
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-024.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  3163.17
  • Tax Year:  2025
  • Market Value:  460500
  • Market Year:  2025

Tax History

309 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,060 Land Value $7,500 Improvement Value $38,560 Tax Amount $3,163.17 Change Rate +0.035584% Assessed CR Tax Rate +0.068675%
Year 2024 Assessed Value $44,640 Land Value $7,000 Improvement Value $37,640 Tax Amount $3,054.48 Change Rate +0.035824% Assessed CR Tax Rate +0.068425%
Year 2023 Assessed Value $43,120 Land Value $7,000 Improvement Value $36,120 Tax Amount $2,948.84 Change Rate +0.137722% Assessed CR Tax Rate +0.068387%
Year 2022 Assessed Value $37,840 Land Value $5,240 Improvement Value $32,600 Tax Amount $2,591.88 Change Rate +0.144202% Assessed CR Tax Rate +0.068496%
Year 2021 Assessed Value $33,140 Land Value $3,280 Improvement Value $29,860 Tax Amount $2,265.23 Change Rate +0.054346% Assessed CR Tax Rate +0.068353%
Year 2020 Assessed Value $31,450 Land Value $3,270 Improvement Value $28,180 Tax Amount $2,148.47 Change Rate +0.261505% Assessed CR Tax Rate +0.068314%
Year 2019 Assessed Value $30,260 Land Value $3,270 Improvement Value $26,990 Tax Amount $1,703.1 Change Rate +0.057859% Assessed CR Tax Rate +0.056282%
Year 2018 Assessed Value $28,660 Land Value Improvement Value Tax Amount $1,609.95 Change Rate +0.008646% Assessed CR Tax Rate +0.056174%
Year 2017 Assessed Value $28,420 Land Value Improvement Value Tax Amount $1,596.15 Change Rate Assessed CR Tax Rate +0.056163%
Year 2016 Assessed Value $28,420 Land Value Improvement Value Tax Amount $1,596.15 Change Rate Assessed CR Tax Rate +0.056163%
Year 2015 Assessed Value $28,420 Land Value Improvement Value Tax Amount $1,596.15 Change Rate +0.019611% Assessed CR Tax Rate +0.056163%
Year 2014 Assessed Value $28,060 Land Value Improvement Value Tax Amount $1,565.45 Change Rate Assessed CR Tax Rate +0.055789%