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862 Highland Dr; Madison, AL Property Details

862 Highland Dr, Madison, AL is a Single Family that was built in 2018. This property is currently Financed and is not for sale. Our records show that 862 Highland Dr has 5 bedrooms, and 2.5 bathrooms, and a total of 1,771 square feet. The lot size of 862 Highland Dr is 20,909 square feet.

For Rent
862 Highland Dr Madison, AL 35758
$4,000 Listing Price
5 Beds
2.5 Baths
1,771 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $238,900
  • Open Loans / Balance: 1 / $345,441
  • Est. Equity / %: $299,559 / 46.44%
  • Gross Yield: 6.063%
  • APN: 16-02-03-3-003-064.000
  • Situs County: Madison
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Fiber cement siding (Hardi-board/Hardi-plank)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Pool Type: Vinyl In-ground Pool
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,771/SqFt
  • Lot: 20,909/SqFt
  • Living: 1,771/SqFt
  • Building: 1,771/SqFt
  • Ground: 1,867/SqFt
  • Price Per Square Foot: $134.90

Legal Description

  • Description: LOT 3 BLK 6 ASHLEY 3RD ADD & A RESUB LOT 3 BLK 1 OF RESUB LOTS 1-6 BLK 1 LOTS 1-2 BLK 3 & THE CITY OF MADISON PUBLIC PARK SWE
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: 34.716156 / -86.724724
  • Subdivision: Ashley 3rd Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 8247
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $5,700
  • H O A Amount: $5,700
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

862 Highland Dr has 10 associated Taxes items

862 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 $47,640. The APN we've located for 862 Highland Dr is 16-02-03-3-003-064.000.

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Taxes
  • Assessed Value:  $47,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-03-3-003-064.000
  • Assessed Land Value:  4860
  • Market Land Value:  48600
  • Tax Amount:  3272.98
  • Tax Year:  2025
  • Market Value:  476300
  • Market Year:  2025

Tax History

862 Highland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,640 Land Value $4,860 Improvement Value $42,780 Tax Amount $3,272.98 Change Rate +0.069979% Assessed CR Tax Rate +0.068702%
Year 2024 Assessed Value $44,560 Land Value $4,860 Improvement Value $39,700 Tax Amount $3,058.92 Change Rate +0.014756% Assessed CR Tax Rate +0.068647%
Year 2023 Assessed Value $43,920 Land Value $4,220 Improvement Value $39,700 Tax Amount $3,014.44 Change Rate -0.066705% Assessed CR Tax Rate +0.068635%
Year 2022 Assessed Value $47,020 Land Value $4,220 Improvement Value $42,800 Tax Amount $3,229.89 Change Rate +0.145644% Assessed CR Tax Rate +0.068692%
Year 2021 Assessed Value $41,040 Land Value $3,560 Improvement Value $37,480 Tax Amount $2,819.28 Change Rate +0.056021% Assessed CR Tax Rate +0.068696%
Year 2020 Assessed Value $38,950 Land Value $3,240 Improvement Value $35,710 Tax Amount $2,669.72 Change Rate +0.202198% Assessed CR Tax Rate +0.068542%
Year 2019 Assessed Value $17,640 Land Value $3,240 Improvement Value $14,400 Tax Amount $2,220.7 Change Rate +4.960011% Assessed CR Tax Rate +0.12589%
Year 2018 Assessed Value $6,480 Land Value Improvement Value Tax Amount $372.6 Change Rate -0.734199% Assessed CR Tax Rate +0.0575%
Year 2017 Assessed Value $25,040 Land Value Improvement Value Tax Amount $1,401.8 Change Rate -0.515287% Assessed CR Tax Rate +0.055982%
Year 2016 Assessed Value $50,060 Land Value Improvement Value Tax Amount $2,892.02 Change Rate +1.063076% Assessed CR Tax Rate +0.057771%
Year 2015 Assessed Value $25,040 Land Value Improvement Value Tax Amount $1,401.8 Change Rate +0.055135% Assessed CR Tax Rate +0.055982%
Year 2014 Assessed Value $23,940 Land Value Improvement Value Tax Amount $1,328.55 Change Rate Assessed CR Tax Rate +0.055495%