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315 Honor Way; Madison, AL Property Details

315 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 315 Honor Way has 1.5 bathrooms, and a total of 2,650 square feet. The lot size of 315 Honor Way is 13,765 square feet.

Off market
315 Honor Way Madison, AL 35758
$36,840 Estimated Value
1.5 Baths
2,650 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $41,500
  • Open Loans / Balance: 1 / $173,482
  • Est. Equity / %: $279,518 / 61.7%
  • Gross Yield: 6.601%
  • APN: 15-09-31-1-003-027.000
  • Situs County: Madison
  • Length Of Ownership: 4 years, 2 months

Rooms

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

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • 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: 2,650/SqFt
  • Lot: 13,765/SqFt
  • Living: 2,650/SqFt
  • Building: 2,650/SqFt
  • Ground: 2,650/SqFt
  • Price Per Square Foot: $15.66

Legal Description

  • Description: LOT 36 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: 34.742695 / -86.77409
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6281
  • 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

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

Taxes

315 Honor Way has 10 associated Taxes items

315 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 $36,840. The APN we've located for 315 Honor Way is 15-09-31-1-003-027.000.

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Taxes
  • Assessed Value:  $36,840
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-027.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2522.38
  • Tax Year:  2025
  • Market Value:  368300
  • Market Year:  2025

Tax History

315 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,840 Land Value $7,500 Improvement Value $29,340 Tax Amount $2,522.38 Change Rate +0.034195% Assessed CR Tax Rate +0.068469%
Year 2024 Assessed Value $35,640 Land Value $7,000 Improvement Value $28,640 Tax Amount $2,438.98 Change Rate +0.034185% Assessed CR Tax Rate +0.068434%
Year 2023 Assessed Value $34,480 Land Value $7,000 Improvement Value $27,480 Tax Amount $2,358.36 Change Rate +0.139723% Assessed CR Tax Rate +0.068398%
Year 2022 Assessed Value $30,320 Land Value $5,440 Improvement Value $24,880 Tax Amount $2,069.24 Change Rate +0.187451% Assessed CR Tax Rate +0.068247%
Year 2021 Assessed Value $25,620 Land Value $3,400 Improvement Value $22,220 Tax Amount $1,742.59 Change Rate +0.052028% Assessed CR Tax Rate +0.068017%
Year 2020 Assessed Value $24,360 Land Value $3,390 Improvement Value $20,970 Tax Amount $1,656.41 Change Rate +0.262411% Assessed CR Tax Rate +0.067997%
Year 2019 Assessed Value $23,470 Land Value $3,390 Improvement Value $20,080 Tax Amount $1,312.1 Change Rate +0.054531% Assessed CR Tax Rate +0.055905%
Year 2018 Assessed Value $22,300 Land Value Improvement Value Tax Amount $1,244.25 Change Rate +0.008388% Assessed CR Tax Rate +0.055796%
Year 2017 Assessed Value $22,120 Land Value Improvement Value Tax Amount $1,233.9 Change Rate Assessed CR Tax Rate +0.055782%
Year 2016 Assessed Value $22,120 Land Value Improvement Value Tax Amount $1,233.9 Change Rate Assessed CR Tax Rate +0.055782%
Year 2015 Assessed Value $22,120 Land Value Improvement Value Tax Amount $1,233.9 Change Rate -0.040513% Assessed CR Tax Rate +0.055782%
Year 2014 Assessed Value $23,200 Land Value Improvement Value Tax Amount $1,286 Change Rate Assessed CR Tax Rate +0.055431%