$171,000 - $196,000
RENTED FEB 20, 2025

243 Waters Edge Ln Unit 243 Madison, AL 35758

2 Beds
2 Baths
1,029 Sq Ft
87 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $161,000 $156 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,193/month

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Discovery Middle School Rated A
  • 1 Fireplace

About This Home

As of February 2025

Introducing a charming and convenient 2-bedroom, 2-bathroom downstairs condo located in the desirable Madison, AL area. This condo features essential appliances such as a refrigerator, range/oven, microwave, dishwasher, and a washer & dryer for your convenience. Residents will also have access to the community clubhouse and pool for relaxation and enjoyment. Don't miss out on this opportunity to experience comfortable living in a prime location right next to Dublin Park.

Last Agent to Rent the Property

Jessica Salcido

Empire Property Management License #156907 Listed on: 10/16/2024

Last Renter's Agent

Jessica Salcido

Empire Property Management License #156907 Listed on: 10/16/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1990

Lot Details

  • 87

Parking

  • Parking Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 1,029 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Discovery Elementary School
  • Bob Jones High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Waters Edge Village Subdivision
  • Clubhouse

Listing and Financial Details

  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Tax Lot 7

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,571

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Rent Includes: Gardener

Listing Details

  • Living Area: 1029
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Waters Edge Village
  • New Construction: No
  • Year Built: 1990
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Appliances: Range, Dishwasher, Microwave, Dryer, Washer, Refrigerator
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Fencing: None
  • Common Walls: No One Below
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Central 1
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse

Schools

  • Middle Or Junior School: Discovery

Green Features

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 7

MLS Schools

  • Elementary School: Midtown Elementary
  • High School: Bob Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 15, 2021
Sold by
Seyboth Robert M
Bought by
Reddy Malapuram V and Gowda Madan
Seller's Agent
Andrew Lamica
Lamica Realty
Buyer's Agent
Stephanie Cash
Legend Realty
Sold Price
$161,000
Current Estimated Value
$184,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,675
Avg. Annual Appreciation
3.58%
Original Mortgage
$128,800
Outstanding Balance
$118,023
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$66,652

Purchase Details

Closed on
Sep 3, 2020
Sold by
Burt Norah G and Burt James K
Bought by
Burt Adam O
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reddy Malapuram V $161,000 --
Reddy Malapuram V $161,000 None Listed On Document
Burt Adam O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Malapuram V $128,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2025 02/20/25 Rented $1,275 0.0% --
02/10/2025 02/10/25 Off Market $1,275 -- --
01/16/2025 01/16/25 Price Changed $1,275 -1.8% $1 / Sq Ft
11/26/2024 11/26/24 Price Changed $1,299 -3.8% $1 / Sq Ft
10/16/2024 10/16/24 For Rent $1,350 0.0% --
11/16/2021 11/16/21 Sold $161,000 -- $156 / Sq Ft View Prior Sale
10/16/2021 10/16/21 Pending -- -- --
Source: ValleyMLS.com

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,571 $36,920 $0 $36,920
2023 $2,571 $32,380 $0 $32,380
2022 $1,413 $20,260 $0 $20,260
2021 $1,292 $18,520 $0 $18,520
2020 $1,277 $18,300 $0 $18,300
2019 $1,008 $17,440 $0 $17,440
2018 $960 $16,600 $0 $0
2017 $799 $13,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    Jessica Salcido

    Empire Property Management

    (256) 507-7368

    1 in this area

    1 Total Sale

    Jessica Salcido
    Section Image
  • Andrew Lamica

    Seller's Agent in 2021

    Andrew Lamica

    Lamica Realty

    (256) 683-8819

    3 in this area

    33 Total Sales

    Andrew Lamica
    Section Image

  • S

    Buyer's Agent in 2021

    Stephanie Cash

    Legend Realty

    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 21873316

ValleyMLS.com

APN: 16-02-09-1-002-031.006-CONDO

Alabama Madison County Madison 35758

243 Waters Edge Ln Unit 243, Madison, AL

This home is located at 243 Waters Edge Ln Unit 243, Madison, AL 35758 since 16 October 2024 and is currently priced at $184,675. This property was built in 1990. 243 Waters Edge Ln Unit 243 is a home located in Madison County with nearby schools including Discovery Middle School, Bob Jones High School, and Madison Academy.

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