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361 Carter Rd; Madison, AL Property Details

361 Carter Rd, Madison, AL is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 361 Carter Rd has 1 bathroom, and a total of 1,609 square feet. The lot size of 361 Carter Rd is 33,306 square feet.

Off market
361 Carter Rd Madison, AL 35758
$145,500 Listing Price
1 Baths
1,609 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $87,500
  • Open Loans / Balance: 2 / $94,415
  • Est. Equity / %: $226,585 / 70.59%
  • Gross Yield: 7.077%
  • APN: 15-08-27-0-004-061.000
  • Situs County: Madison
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bathrooms: 1
  • Full 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: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Metal

Measurements

  • Total: 1,609/SqFt
  • Lot: 33,306/SqFt
  • Living: 1,609/SqFt
  • Building: 1,609/SqFt
  • Ground: 1,609/SqFt
  • Price Per Square Foot: $54.38

Legal Description

  • Description: LOT 27 RAINBOW MOUNTAIN HGTS 3RD ADD PB 4 PG 70
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: 34.746502 / -86.722694
  • Subdivision: Rainbow Mountain Heights 3rd
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8214
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

361 Carter Rd has no associated ownership info
361 Carter Rd has no associated ownership info.

Taxes

361 Carter Rd has 10 associated Taxes items

361 Carter Rd, 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 $20,640. The APN we've located for 361 Carter Rd is 15-08-27-0-004-061.000.

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Taxes
  • Assessed Value:  $20,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-27-0-004-061.000
  • Assessed Land Value:  4760
  • Market Land Value:  47500
  • Tax Amount:  1396.48
  • Tax Year:  2025
  • Market Value:  206300
  • Market Year:  2025

Tax History

361 Carter Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,640 Land Value $4,760 Improvement Value $15,880 Tax Amount $1,396.48 Change Rate +0.067123% Assessed CR Tax Rate +0.067659%
Year 2024 Assessed Value $19,520 Land Value $4,760 Improvement Value $14,760 Tax Amount $1,308.64 Change Rate Assessed CR Tax Rate +0.067041%
Year 2023 Assessed Value $19,520 Land Value $4,760 Improvement Value $14,760 Tax Amount $1,308.64 Change Rate +0.10805% Assessed CR Tax Rate +0.067041%
Year 2022 Assessed Value $17,540 Land Value $4,760 Improvement Value $12,780 Tax Amount $1,181.03 Change Rate +0.130378% Assessed CR Tax Rate +0.067334%
Year 2021 Assessed Value $15,580 Land Value $4,760 Improvement Value $10,820 Tax Amount $1,044.81 Change Rate +0.034404% Assessed CR Tax Rate +0.067061%
Year 2020 Assessed Value $15,070 Land Value $4,250 Improvement Value $10,820 Tax Amount $1,010.06 Change Rate -0.420528% Assessed CR Tax Rate +0.067025%
Year 2019 Assessed Value $30,140 Land Value $8,500 Improvement Value $21,640 Tax Amount $1,743.07 Change Rate +0.00066% Assessed CR Tax Rate +0.057832%
Year 2018 Assessed Value $30,120 Land Value Improvement Value Tax Amount $1,741.92 Change Rate Assessed CR Tax Rate +0.057833%
Year 2017 Assessed Value $30,120 Land Value Improvement Value Tax Amount $1,741.92 Change Rate Assessed CR Tax Rate +0.057833%
Year 2016 Assessed Value $30,120 Land Value Improvement Value Tax Amount $1,741.92 Change Rate +1.30084% Assessed CR Tax Rate +0.057833%
Year 2015 Assessed Value $15,080 Land Value Improvement Value Tax Amount $757.08 Change Rate +0.052172% Assessed CR Tax Rate +0.050204%
Year 2014 Assessed Value $14,540 Land Value Improvement Value Tax Amount $719.54 Change Rate Assessed CR Tax Rate +0.049487%