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326 Falling Water Ln; Madison, AL Property Details

326 Falling Water Ln, Madison, AL is a Townhouse that was built in 2011. This property is currently Financed and is not for sale. Our records show that 326 Falling Water Ln has 2 bedrooms, and 1.5 bathrooms, and a total of 640 square feet. The lot size of 326 Falling Water Ln is 2,200 square feet.

Off market
326 Falling Water Ln SW Madison, AL 35756
$225,000 Listing Price
2 Beds
1.5 Baths
640 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2011
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $212,990
  • Est. Equity / %: $26,010 / 10.88%
  • Gross Yield: 6.733%
  • APN: 25-02-09-0-000-002.245
  • Situs County: Madison
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 640/SqFt
  • Lot: 2,200/SqFt
  • Garage: 400/SqFt
  • Living: 640/SqFt
  • Building: 640/SqFt
  • Ground: 640/SqFt
  • Price Per Square Foot: $351.56

Legal Description

  • Description: LOT 164 PROMENADE PH 1B AT RIVER LANDING PB# 20100122000036790
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Huntsville City School District
  • Lat / Lon: 34.613205 / -86.74232
  • Subdivision: Promenade Ph 1b At River Land
  • Property Class: Residential
  • County Use Code: 118

Amenities

  • Plus Four: 2832
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $131
  • H O A Amount: $131
  • H O A One Frequency: Monthly
  • H O A One Name: Promenade At River Landing Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

326 Falling Water Ln SW has no associated ownership info
326 Falling Water Ln SW has no associated ownership info.

Taxes

326 Falling Water Ln SW has 10 associated Taxes items

326 Falling Water Ln, 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 $20,820. The APN we've located for 326 Falling Water Ln is 25-02-09-0-000-002.245.

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Taxes
  • Assessed Value:  $20,820
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  25-02-09-0-000-002.245
  • Assessed Land Value:  4500
  • Market Land Value:  45000
  • Tax Amount:  1159.56
  • Tax Year:  2025
  • Market Value:  208000
  • Market Year:  2025

Tax History

326 Falling Water Ln SW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,820 Land Value $4,500 Improvement Value $16,320 Tax Amount $1,159.56 Change Rate -0.500689% Assessed CR Tax Rate +0.055695%
Year 2024 Assessed Value $40,040 Land Value $9,000 Improvement Value $31,040 Tax Amount $2,322.32 Change Rate Assessed CR Tax Rate +0.058%
Year 2023 Assessed Value $40,040 Land Value $9,000 Improvement Value $31,040 Tax Amount $2,322.32 Change Rate +0.081578% Assessed CR Tax Rate +0.058%
Year 2022 Assessed Value $37,020 Land Value $9,000 Improvement Value $28,020 Tax Amount $2,147.16 Change Rate +0.448357% Assessed CR Tax Rate +0.058%
Year 2021 Assessed Value $25,560 Land Value $5,000 Improvement Value $20,560 Tax Amount $1,482.48 Change Rate +0.172477% Assessed CR Tax Rate +0.058%
Year 2020 Assessed Value $21,800 Land Value $5,000 Improvement Value $16,800 Tax Amount $1,264.4 Change Rate +0.033175% Assessed CR Tax Rate +0.058%
Year 2019 Assessed Value $21,100 Land Value $5,000 Improvement Value $16,100 Tax Amount $1,223.8 Change Rate -0.006591% Assessed CR Tax Rate +0.058%
Year 2018 Assessed Value $21,240 Land Value Improvement Value Tax Amount $1,231.92 Change Rate Assessed CR Tax Rate +0.058%
Year 2017 Assessed Value $21,240 Land Value Improvement Value Tax Amount $1,231.92 Change Rate Assessed CR Tax Rate +0.058%
Year 2016 Assessed Value $21,240 Land Value Improvement Value Tax Amount $1,231.92 Change Rate Assessed CR Tax Rate +0.058%
Year 2015 Assessed Value $21,240 Land Value Improvement Value Tax Amount $1,231.92 Change Rate Assessed CR Tax Rate +0.058%
Year 2014 Assessed Value $23,740 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate