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320 Honor Way; Madison, AL Property Details

320 Honor Way, 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 320 Honor Way has 4 bedrooms, and 1.5 bathrooms, and a total of 2,205 square feet. The lot size of 320 Honor Way is 14,723 square feet.

Off market
320 Honor Way Madison, AL 35758
$247,000 Listing Price
4 Beds
1.5 Baths
2,205 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $290,000
  • Open Loans / Balance: 1 / $129,021
  • Est. Equity / %: $314,979 / 70.94%
  • Gross Yield: 6.257%
  • APN: 15-09-31-1-003-007.000
  • Situs County: Madison
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • 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: 2,205/SqFt
  • Lot: 14,723/SqFt
  • Living: 2,205/SqFt
  • Building: 2,205/SqFt
  • Ground: 2,205/SqFt
  • Price Per Square Foot: $131.52

Legal Description

  • Description: LOT 56 LEXINGTON 4TH ADD A R/S OF TRACT #1 LEXINGTON 3RD ADD & A R/S OF TR #1 LEXINGTON S/D PH II A R/S OF TR 4 OF LEXINGTON
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: 34.74331 / -86.77359
  • 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

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

Taxes

320 Honor Way has 10 associated Taxes items

320 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 $37,340. The APN we've located for 320 Honor Way is 15-09-31-1-003-007.000.

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Taxes
  • Assessed Value:  $37,340
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-007.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2557.13
  • Tax Year:  2025
  • Market Value:  373300
  • Market Year:  2025

Tax History

320 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,340 Land Value $7,500 Improvement Value $29,840 Tax Amount $2,557.13 Change Rate +0.033714% Assessed CR Tax Rate +0.068482%
Year 2024 Assessed Value $36,140 Land Value $7,000 Improvement Value $29,140 Tax Amount $2,473.73 Change Rate +0.034289% Assessed CR Tax Rate +0.068449%
Year 2023 Assessed Value $34,960 Land Value $7,000 Improvement Value $27,960 Tax Amount $2,391.72 Change Rate +0.146602% Assessed CR Tax Rate +0.068413%
Year 2022 Assessed Value $30,560 Land Value $5,320 Improvement Value $25,240 Tax Amount $2,085.92 Change Rate +0.159115% Assessed CR Tax Rate +0.068257%
Year 2021 Assessed Value $26,440 Land Value $3,320 Improvement Value $23,120 Tax Amount $1,799.58 Change Rate +0.05286% Assessed CR Tax Rate +0.068063%
Year 2020 Assessed Value $25,140 Land Value $3,320 Improvement Value $21,820 Tax Amount $1,709.23 Change Rate +0.26175% Assessed CR Tax Rate +0.067988%
Year 2019 Assessed Value $24,210 Land Value $3,320 Improvement Value $20,890 Tax Amount $1,354.65 Change Rate +0.061264% Assessed CR Tax Rate +0.055954%
Year 2018 Assessed Value $22,860 Land Value Improvement Value Tax Amount $1,276.45 Change Rate +0.008175% Assessed CR Tax Rate +0.055838%
Year 2017 Assessed Value $22,680 Land Value Improvement Value Tax Amount $1,266.1 Change Rate Assessed CR Tax Rate +0.055825%
Year 2016 Assessed Value $22,680 Land Value Improvement Value Tax Amount $1,266.1 Change Rate Assessed CR Tax Rate +0.055825%
Year 2015 Assessed Value $22,680 Land Value Improvement Value Tax Amount $1,266.1 Change Rate +0.021048% Assessed CR Tax Rate +0.055825%
Year 2014 Assessed Value $22,400 Land Value Improvement Value Tax Amount $1,240 Change Rate Assessed CR Tax Rate +0.055357%