Large Location Icon

607 Covington Cove Ln; Madison, AL Property Details

607 Covington Cove Ln, Madison, AL is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 607 Covington Cove Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 1,851 square feet.

Off market
607 Covington Cove Ln NW Madison, AL 35757
$242,977 Listing Price
4 Beds
1.5 Baths
1,851 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $242,977
  • Open Loans / Balance: 1 / $214,256
  • Est. Equity / %: $123,744 / 36.61%
  • Gross Yield: 7.896%
  • APN: 15-05-16-0-001-008.016
  • Situs County: Madison
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Vinyl
  • 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: 1,851/SqFt
  • Living: 1,851/SqFt
  • Building: 1,851/SqFt
  • Ground: 1,851/SqFt
  • Price Per Square Foot: $131.27

Legal Description

  • Description: LOT 17 SWEET STONE FARMS PB # 2019-4731
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Huntsville City School District
  • Lat / Lon: 34.777515 / -86.73756
  • Subdivision: Sweet Stone Farms
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 7020
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Annual
  • H O A One Name: Sweet Stone Farms Homeowners And Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

607 Covington Cove Ln NW has no associated ownership info
607 Covington Cove Ln NW has no associated ownership info.

Taxes

607 Covington Cove Ln NW has 10 associated Taxes items

607 Covington Cove 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 $31,400. The APN we've located for 607 Covington Cove Ln is 15-05-16-0-001-008.016.

Unlock the full report
Taxes
  • Assessed Value:  $31,400
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-05-16-0-001-008.016
  • Assessed Land Value:  5000
  • Market Land Value:  50000
  • Tax Amount:  1773.2
  • Tax Year:  2025
  • Market Value:  314000
  • Market Year:  2025

Tax History

607 Covington Cove Ln NW has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,400 Land Value $5,000 Improvement Value $26,400 Tax Amount $1,773.2 Change Rate +0.031026% Assessed CR Tax Rate +0.056471%
Year 2024 Assessed Value $30,480 Land Value $5,000 Improvement Value $25,480 Tax Amount $1,719.84 Change Rate +0.03202% Assessed CR Tax Rate +0.056425%
Year 2023 Assessed Value $29,560 Land Value $5,000 Improvement Value $24,560 Tax Amount $1,666.48 Change Rate +0.100335% Assessed CR Tax Rate +0.056376%
Year 2022 Assessed Value $26,940 Land Value $5,000 Improvement Value $21,940 Tax Amount $1,514.52 Change Rate +0.131759% Assessed CR Tax Rate +0.056218%
Year 2021 Assessed Value $23,900 Land Value $3,500 Improvement Value $20,400 Tax Amount $1,338.2 Change Rate +3.403132% Assessed CR Tax Rate +0.055992%
Year 2020 Assessed Value $7,000 Land Value $7,000 Improvement Value Tax Amount $303.92 Change Rate Assessed CR Tax Rate +0.043417%