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703 Nance Rd; Madison, AL Property Details

703 Nance Rd, Madison, AL is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 703 Nance Rd has 5 bedrooms, and 1 bathroom, and a total of 2,716 square feet. The lot size of 703 Nance Rd is 217,800 square feet.

Off market
703 Nance Rd Madison, AL 35757
$315,000 Listing Price
5 Beds
1 Baths
2,716 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1959
  • Purchase Price: $16,000
  • Open Loans / Balance: 2 / $278,304
  • Est. Equity / %: $266,696 / 48.94%
  • Gross Yield: 7.264%
  • APN: 15-05-15-0-002-064.000
  • Situs County: Madison
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Pool Type: Vinyl In-ground Pool
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,716/SqFt
  • Lot: 217,800/SqFt
  • Living: 2,716/SqFt
  • Building: 2,716/SqFt
  • Ground: 2,716/SqFt
  • Price Per Square Foot: $5.89

Legal Description

  • Description: PO SW1/4 OF SW1/4 SEC 15 T3S R2W BEG AT NW COR OF S 15AC OF N1/2 OF SW1/4 OF SW1/4 TH S 165 FT TH E TO E BDY OF SW1/4 OF SW1/
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 34.77503 / -86.72949
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 7812
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

703 Nance Rd has no associated ownership info
703 Nance Rd has no associated ownership info.

Taxes

703 Nance Rd has 10 associated Taxes items

703 Nance 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 $49,780. The APN we've located for 703 Nance Rd is 15-05-15-0-002-064.000.

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Taxes
  • Assessed Value:  $49,780
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-05-15-0-002-064.000
  • Assessed Land Value:  9300
  • Market Land Value:  93000
  • Tax Amount:  1741.07
  • Tax Year:  2025
  • Market Value:  497600
  • Market Year:  2025

Tax History

703 Nance Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,780 Land Value $9,300 Improvement Value $40,480 Tax Amount $1,741.07 Change Rate +0.030682% Assessed CR Tax Rate +0.034975%
Year 2024 Assessed Value $48,360 Land Value $9,300 Improvement Value $39,060 Tax Amount $1,689.24 Change Rate +0.031194% Assessed CR Tax Rate +0.034931%
Year 2023 Assessed Value $46,960 Land Value $9,300 Improvement Value $37,660 Tax Amount $1,638.14 Change Rate +0.169081% Assessed CR Tax Rate +0.034884%
Year 2022 Assessed Value $40,280 Land Value $7,000 Improvement Value $33,280 Tax Amount $1,401.22 Change Rate +0.06432% Assessed CR Tax Rate +0.034787%
Year 2021 Assessed Value $37,960 Land Value $7,000 Improvement Value $30,960 Tax Amount $1,316.54 Change Rate +0.060571% Assessed CR Tax Rate +0.034682%
Year 2020 Assessed Value $35,890 Land Value $7,000 Improvement Value $28,890 Tax Amount $1,241.35 Change Rate +0.039744% Assessed CR Tax Rate +0.034588%
Year 2019 Assessed Value $34,590 Land Value $7,000 Improvement Value $27,590 Tax Amount $1,193.9 Change Rate +0.181822% Assessed CR Tax Rate +0.034516%
Year 2018 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,010.22 Change Rate Assessed CR Tax Rate +0.034222%
Year 2017 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,010.22 Change Rate Assessed CR Tax Rate +0.034222%
Year 2016 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,010.22 Change Rate Assessed CR Tax Rate +0.034222%
Year 2015 Assessed Value $29,520 Land Value Improvement Value Tax Amount $1,010.22 Change Rate -0.007174% Assessed CR Tax Rate +0.034222%
Year 2014 Assessed Value $29,720 Land Value Improvement Value Tax Amount $1,017.52 Change Rate Assessed CR Tax Rate +0.034237%