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509 Highland Dr; Madison, AL Property Details

509 Highland Dr, Madison, AL is a Single Family that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 509 Highland Dr has 1.5 bathrooms, and a total of 1,299 square feet. The lot size of 509 Highland Dr is 27,356 square feet.

Off market
509 Highland Dr Madison, AL 35758
$29,420 Estimated Value
1.5 Baths
1,299 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1986
  • Purchase Price: $244,500,000
  • Est. Equity / %: $433,000 / 100%
  • Gross Yield: 6.402%
  • APN: 16-02-10-0-001-078.000
  • Situs County: Madison
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,299/SqFt
  • Lot: 27,356/SqFt
  • Living: 1,299/SqFt
  • Building: 1,299/SqFt
  • Ground: 1,299/SqFt
  • Price Per Square Foot: $188221.70

Legal Description

  • Description: PART OF LOT 5 BLK 2 CHADRICK S/D PB 14 PG 68 DESC AS BEG AT THE NW COR OF SD LOT 5 BLK 2 TH S 39 DEG W 240.22 FT TH S 64 DEG
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Madison City School District
  • Lat / Lon: 34.711693 / -86.719826
  • Subdivision: Chadrick
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1367
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

509 Highland Dr has no associated ownership info
509 Highland Dr has no associated ownership info.

Taxes

509 Highland Dr has 10 associated Taxes items

509 Highland Dr, 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 $29,420. The APN we've located for 509 Highland Dr is 16-02-10-0-001-078.000.

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Taxes
  • Assessed Value:  $29,420
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-10-0-001-078.000
  • Assessed Land Value:  3820
  • Market Land Value:  38100
  • Tax Amount:  2006.69
  • Tax Year:  2025
  • Market Value:  294100
  • Market Year:  2025

Tax History

509 Highland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,420 Land Value $3,820 Improvement Value $25,600 Tax Amount $2,006.69 Change Rate +0.072981% Assessed CR Tax Rate +0.068208%
Year 2024 Assessed Value $27,600 Land Value $3,820 Improvement Value $23,780 Tax Amount $1,870.2 Change Rate Assessed CR Tax Rate +0.067761%
Year 2023 Assessed Value $27,600 Land Value $3,820 Improvement Value $23,780 Tax Amount $1,870.2 Change Rate +0.127177% Assessed CR Tax Rate +0.067761%
Year 2022 Assessed Value $24,420 Land Value $3,820 Improvement Value $20,600 Tax Amount $1,659.19 Change Rate +0.145921% Assessed CR Tax Rate +0.067944%
Year 2021 Assessed Value $21,380 Land Value $2,300 Improvement Value $19,080 Tax Amount $1,447.91 Change Rate +0.012638% Assessed CR Tax Rate +0.067723%
Year 2020 Assessed Value $21,110 Land Value $2,030 Improvement Value $19,080 Tax Amount $1,429.84 Change Rate +0.215437% Assessed CR Tax Rate +0.067733%
Year 2019 Assessed Value $21,110 Land Value $2,030 Improvement Value $19,080 Tax Amount $1,176.4 Change Rate +0.016899% Assessed CR Tax Rate +0.055727%
Year 2018 Assessed Value $20,780 Land Value Improvement Value Tax Amount $1,156.85 Change Rate Assessed CR Tax Rate +0.055671%
Year 2017 Assessed Value $20,780 Land Value Improvement Value Tax Amount $1,156.85 Change Rate Assessed CR Tax Rate +0.055671%
Year 2016 Assessed Value $20,780 Land Value Improvement Value Tax Amount $1,156.85 Change Rate +0.02758% Assessed CR Tax Rate +0.055671%
Year 2015 Assessed Value $20,240 Land Value Improvement Value Tax Amount $1,125.8 Change Rate +0.059178% Assessed CR Tax Rate +0.055623%
Year 2014 Assessed Value $19,320 Land Value Improvement Value Tax Amount $1,062.9 Change Rate Assessed CR Tax Rate +0.055016%