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318 Freedom Ct; Madison, AL Property Details

318 Freedom Ct, Madison, AL is a Single Family that was built in 2002. This property is currently Financed and is not for sale. Our records show that 318 Freedom Ct has 3 bedrooms, and 1.5 bathrooms, and a total of 2,376 square feet. The lot size of 318 Freedom Ct is 33,371 square feet.

Off market
318 Freedom Ct Madison, AL 35758
$39,520 Estimated Value
3 Beds
1.5 Baths
2,376 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2002
  • Purchase Price: $461,000
  • Open Loans / Balance: 1 / $285,000
  • Est. Equity / %: $148,000 / 34.18%
  • Gross Yield: 7.12%
  • APN: 15-09-31-1-002-016.000
  • Situs County: Madison

Rooms

  • Bedrooms: 3
  • 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: 2,376/SqFt
  • Lot: 33,371/SqFt
  • Living: 2,376/SqFt
  • Building: 2,376/SqFt
  • Ground: 2,376/SqFt
  • Price Per Square Foot: $194.02

Legal Description

  • Description: LOT 17 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: 34.740784 / -86.772095
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6282
  • 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

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

Taxes

318 Freedom Ct has 10 associated Taxes items

318 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 $39,520. The APN we've located for 318 Freedom Ct is 15-09-31-1-002-016.000.

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Taxes
  • Assessed Value:  $39,520
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-002-016.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2708.64
  • Tax Year:  2025
  • Market Value:  395200
  • Market Year:  2025

Tax History

318 Freedom Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,520 Land Value $7,500 Improvement Value $32,020 Tax Amount $2,708.64 Change Rate +0.032862% Assessed CR Tax Rate +0.068538%
Year 2024 Assessed Value $38,280 Land Value $7,000 Improvement Value $31,280 Tax Amount $2,622.46 Change Rate +0.035113% Assessed CR Tax Rate +0.068507%
Year 2023 Assessed Value $37,000 Land Value $7,000 Improvement Value $30,000 Tax Amount $2,533.5 Change Rate +0.163405% Assessed CR Tax Rate +0.068473%
Year 2022 Assessed Value $31,880 Land Value $5,400 Improvement Value $26,480 Tax Amount $2,177.66 Change Rate +0.233921% Assessed CR Tax Rate +0.068308%
Year 2021 Assessed Value $25,940 Land Value $3,380 Improvement Value $22,560 Tax Amount $1,764.83 Change Rate +0.05221% Assessed CR Tax Rate +0.068035%
Year 2020 Assessed Value $24,670 Land Value $3,380 Improvement Value $21,290 Tax Amount $1,677.26 Change Rate +0.261714% Assessed CR Tax Rate +0.067988%
Year 2019 Assessed Value $23,770 Land Value $3,380 Improvement Value $20,390 Tax Amount $1,329.35 Change Rate +0.05861% Assessed CR Tax Rate +0.055926%
Year 2018 Assessed Value $22,500 Land Value Improvement Value Tax Amount $1,255.75 Change Rate +0.008311% Assessed CR Tax Rate +0.055811%
Year 2017 Assessed Value $22,320 Land Value Improvement Value Tax Amount $1,245.4 Change Rate Assessed CR Tax Rate +0.055797%
Year 2016 Assessed Value $22,320 Land Value Improvement Value Tax Amount $1,245.4 Change Rate Assessed CR Tax Rate +0.055797%
Year 2015 Assessed Value $22,320 Land Value Improvement Value Tax Amount $1,245.4 Change Rate +0.021406% Assessed CR Tax Rate +0.055797%
Year 2014 Assessed Value $22,040 Land Value Improvement Value Tax Amount $1,219.3 Change Rate Assessed CR Tax Rate +0.055322%