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402 Gilmore St; Madison, AL Property Details

402 Gilmore St, Madison, AL is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 402 Gilmore St has 5 bedrooms, and 2 bathrooms, and a total of 2,574 square feet. The lot size of 402 Gilmore St is 25,236 square feet.

For Rent
402 Gilmore St Madison, AL 35758
$1,995 Listing Price
5 Beds
2 Baths
2,574 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $8,000
  • Open Loans / Balance: 1 / $125,740
  • Est. Equity / %: $214,260 / 63.02%
  • Gross Yield: 7.747%
  • APN: 16-02-09-4-003-082.000
  • Situs County: Madison
  • Length Of Ownership: 19 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2

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: Asphalt

Measurements

  • Total: 2,574/SqFt
  • Lot: 25,236/SqFt
  • Living: 2,574/SqFt
  • Building: 2,574/SqFt
  • Ground: 2,574/SqFt
  • Price Per Square Foot: $3.11

Legal Description

  • Description: LOT 2 BL 2 CLIFT ACRES S/D PB 3 PG 192
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: 34.699554 / -86.73778
  • Subdivision: Clift Acres S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1223
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

402 Gilmore St has no associated ownership info
402 Gilmore St has no associated ownership info.

Taxes

402 Gilmore St has 10 associated Taxes items

402 Gilmore St, 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 $61,700. The APN we've located for 402 Gilmore St is 16-02-09-4-003-082.000.

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Taxes
  • Assessed Value:  $61,700
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-09-4-003-082.000
  • Assessed Land Value:  8000
  • Market Land Value:  40000
  • Tax Amount:  4302.67
  • Tax Year:  2025
  • Market Value:  308500
  • Market Year:  2025

Tax History

402 Gilmore St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,700 Land Value $8,000 Improvement Value $53,700 Tax Amount $4,302.67 Change Rate +0.033384% Assessed CR Tax Rate +0.069735%
Year 2024 Assessed Value $59,700 Land Value $8,000 Improvement Value $51,700 Tax Amount $4,163.67 Change Rate +1.086457% Assessed CR Tax Rate +0.069743%
Year 2023 Assessed Value $29,260 Land Value $4,000 Improvement Value $25,260 Tax Amount $1,995.57 Change Rate +0.120156% Assessed CR Tax Rate +0.068201%
Year 2022 Assessed Value $26,180 Land Value $3,260 Improvement Value $22,920 Tax Amount $1,781.51 Change Rate +0.136566% Assessed CR Tax Rate +0.068049%
Year 2021 Assessed Value $23,100 Land Value $3,260 Improvement Value $19,840 Tax Amount $1,567.45 Change Rate +0.063168% Assessed CR Tax Rate +0.067855%
Year 2020 Assessed Value $21,750 Land Value $2,500 Improvement Value $19,250 Tax Amount $1,474.32 Change Rate +0.098599% Assessed CR Tax Rate +0.067785%
Year 2019 Assessed Value $24,000 Land Value $2,000 Improvement Value $22,000 Tax Amount $1,342 Change Rate +0.056111% Assessed CR Tax Rate +0.055917%
Year 2018 Assessed Value $22,760 Land Value Improvement Value Tax Amount $1,270.7 Change Rate Assessed CR Tax Rate +0.05583%
Year 2017 Assessed Value $22,760 Land Value Improvement Value Tax Amount $1,270.7 Change Rate Assessed CR Tax Rate +0.05583%
Year 2016 Assessed Value $22,760 Land Value Improvement Value Tax Amount $1,270.7 Change Rate Assessed CR Tax Rate +0.05583%
Year 2015 Assessed Value $22,760 Land Value Improvement Value Tax Amount $1,270.7 Change Rate +0.005181% Assessed CR Tax Rate +0.05583%
Year 2014 Assessed Value $22,820 Land Value Improvement Value Tax Amount $1,264.15 Change Rate Assessed CR Tax Rate +0.055397%