Taxes
- Assessed Value: $49,460
- Assessed Year: 2025
- Assessed County: Madison
- APN: 25-02-09-0-000-002.187
- Assessed Land Value: 9000
- Market Land Value: 45000
- Tax Amount: 2868.68
- Tax Year: 2025
- Market Value: 247300
- Market Year: 2025
402 Falls Pt; Madison, AL Property Details
Off market
402 Falls Pt SW Madison, AL 35756
$49,460 Estimated Value
2 Baths
640 SqFt
Property Type
TownhouseProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2021
- Purchase Price: $231,210
- Open Loans / Balance: 1 / $191,669
- Est. Equity / %: $52,331 / 21.45%
- Gross Yield: 7.913%
- APN: 25-02-09-0-000-002.187
- Situs County: Madison
- Length Of Ownership: 4 years, 7 months
Rooms
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Floor Cover Type: Hardwood
- 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: 2,229/SqFt
- Garage: 420/SqFt
- Living: 640/SqFt
- Building: 640/SqFt
- Price Per Square Foot: $361.27
Legal Description
- Description: LOT 93 PROMENADE PHASE 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: 34.61196 / -86.74243
- Subdivision: Promenade Ph 1b At River Land
- Property Class: Residential
- County Use Code: 118
Amenities
- Plus Four: 6605
- 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
402 Falls Pt SW has no associated ownership info
402 Falls Pt SW has no associated ownership info.
Taxes
402 Falls Pt SW has 10 associated Taxes items
402 Falls Pt, 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 $49,460. The APN we've located for 402 Falls Pt is 25-02-09-0-000-002.187.
Unlock the full reportTax History
402 Falls Pt SW has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $49,460 | Land Value $9,000 | Improvement Value $40,460 | Tax Amount $2,868.68 | Change Rate +0.040825% | Assessed CR | Tax Rate +0.058% |
| Year 2024 | Assessed Value $47,520 | Land Value $9,000 | Improvement Value $38,520 | Tax Amount $2,756.16 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2023 | Assessed Value $47,520 | Land Value $9,000 | Improvement Value $38,520 | Tax Amount $2,756.16 | Change Rate +0.024001% | Assessed CR | Tax Rate +0.058% |
| Year 2022 | Assessed Value $46,320 | Land Value $9,000 | Improvement Value $37,320 | Tax Amount $2,691.56 | Change Rate +12.258916% | Assessed CR | Tax Rate +0.058108% |
| Year 2021 | Assessed Value $3,500 | Land Value $3,500 | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2020 | Assessed Value $5,000 | Land Value $5,000 | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.0406% |
| Year 2019 | Assessed Value $5,000 | Land Value $5,000 | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.0406% |
| Year 2018 | Assessed Value $3,500 | Land Value | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2017 | Assessed Value $3,500 | Land Value | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2016 | Assessed Value $3,500 | Land Value | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2015 | Assessed Value $3,500 | Land Value | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |
| Year 2014 | Assessed Value $3,500 | Land Value | Improvement Value | Tax Amount $203 | Change Rate | Assessed CR | Tax Rate +0.058% |