Large Location Icon

316 Freedom Ct; Madison, AL Property Details

316 Freedom Ct, 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 316 Freedom Ct has 4 bedrooms, and 2 bathrooms, and a total of 1,751 square feet. The lot size of 316 Freedom Ct is 16,681 square feet.

Off market
316 Freedom Ct Madison, AL 35758
$274,900 Listing Price
4 Beds
2 Baths
1,751 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $274,000
  • Open Loans / Balance: 1 / $236,377
  • Est. Equity / %: $230,623 / 49.38%
  • Gross Yield: 7.064%
  • APN: 15-09-31-1-002-017.000
  • Situs County: Madison
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

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: 1,751/SqFt
  • Lot: 16,681/SqFt
  • Living: 1,751/SqFt
  • Building: 1,751/SqFt
  • Ground: 1,751/SqFt
  • Price Per Square Foot: $156.48

Legal Description

  • Description: LOT 18 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: 34.741184 / -86.77216
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6282
  • 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

316 Freedom Ct has no associated ownership info
316 Freedom Ct has no associated ownership info.

Taxes

316 Freedom Ct has 10 associated Taxes items

316 Freedom Ct, 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 $47,640. The APN we've located for 316 Freedom Ct is 15-09-31-1-002-017.000.

Unlock the full report
Taxes
  • Assessed Value:  $47,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-002-017.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  3272.98
  • Tax Year:  2025
  • Market Value:  476400
  • Market Year:  2025

Tax History

316 Freedom Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,640 Land Value $7,500 Improvement Value $40,140 Tax Amount $3,272.98 Change Rate +0.031542% Assessed CR Tax Rate +0.068702%
Year 2024 Assessed Value $46,200 Land Value $7,000 Improvement Value $39,200 Tax Amount $3,172.9 Change Rate +0.035849% Assessed CR Tax Rate +0.068677%
Year 2023 Assessed Value $44,620 Land Value $7,000 Improvement Value $37,620 Tax Amount $3,063.09 Change Rate +0.156376% Assessed CR Tax Rate +0.068648%
Year 2022 Assessed Value $38,660 Land Value $5,400 Improvement Value $33,260 Tax Amount $2,648.87 Change Rate +0.249072% Assessed CR Tax Rate +0.068517%
Year 2021 Assessed Value $31,060 Land Value $3,380 Improvement Value $27,680 Tax Amount $2,120.67 Change Rate +0.053152% Assessed CR Tax Rate +0.068277%
Year 2020 Assessed Value $29,510 Land Value $3,380 Improvement Value $26,130 Tax Amount $2,013.64 Change Rate +0.26247% Assessed CR Tax Rate +0.068236%
Year 2019 Assessed Value $28,400 Land Value $3,380 Improvement Value $25,020 Tax Amount $1,595 Change Rate +0.059589% Assessed CR Tax Rate +0.056162%
Year 2018 Assessed Value $26,840 Land Value Improvement Value Tax Amount $1,505.3 Change Rate +0.008475% Assessed CR Tax Rate +0.056084%
Year 2017 Assessed Value $26,620 Land Value Improvement Value Tax Amount $1,492.65 Change Rate Assessed CR Tax Rate +0.056073%
Year 2016 Assessed Value $26,620 Land Value Improvement Value Tax Amount $1,492.65 Change Rate Assessed CR Tax Rate +0.056073%
Year 2015 Assessed Value $26,620 Land Value Improvement Value Tax Amount $1,492.65 Change Rate +0.020197% Assessed CR Tax Rate +0.056073%
Year 2014 Assessed Value $26,280 Land Value Improvement Value Tax Amount $1,463.1 Change Rate Assessed CR Tax Rate +0.055674%