2 bedroom 2 FULL bathroom 2nd story condo located in central Madison City and zoned for top-rated Madison City schools. Fully updated in 2022 with new HVAC, stainless steel appliances, granite countertops & tile backsplash, easy maintenance LVP flooring throughout (no carpet), 2" faux wood cordless blinds, composite wood front porch, light fixtures & faucets, bathtub/showers, and ceiling fans in all rooms. Enjoy the wood burning fireplace and vaulted ceilings along with several large windows allowing an abundance of natural light. The monthly HOA dues include access to (2) resort style pools & clubhouse, cable TV, exterior pest control, landscaping, and exterior building maintenance. The location of this condo makes for a great investment property or primary residence. I may consider owner financing for qualified buyers and a minimum 10% down. Call the owner for questions and/or to set up a time to view.
Sold for $197,000
$197,000
241 Waters Edge Ln, Madison, AL 35758
2beds
1,029sqft
Condo
Built in 1990
-- sqft lot
$179,600 Zestimate®
$191/sqft
$1,253 Estimated rent
Home value
$179,600
$167,000 - $194,000
$1,253/mo
Zestimate® history
Owner options
List your home for rent
$1,253/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,253/mo
Rent Zestimate®
Refinance and save
$1,398/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,398/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,029 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 1602091002031005CONDO
Construction
Type & style
- Home type: Condo
Materials
- Wood
- Foundation: Slab
- Roof: Asphalt
Condition
- Year built: 1990
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $163 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $206,900
- Annual tax amount: $2,881
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2024 | Sold | $197,000-1.5%$191/sqft |
Source: Public Record Report a problem | ||
| 2/26/2024 | Listed for sale | $200,000+66.7%$194/sqft |
Source: Owner Report a problem | ||
| 1/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/3/2023 | Price change | $1,450-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/2/2023 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2022 | Sold | $120,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,881 +11.5% | $41,380 +11.5% |
| 2024 | $2,584 +136.3% | $37,100 +127.9% |
| 2023 | $1,093 -23% | $16,280 -20% |
| 2022 | $1,420 +9.3% | $20,360 +9.3% |
| 2021 | $1,299 +128.9% | $18,620 +102.4% |
| 2020 | $568 +30.6% | $9,200 +5% |
| 2019 | $435 | $8,760 +5% |
| 2018 | $435 +27.1% | $8,340 +20.2% |
| 2017 | $342 | $6,940 |
Find assessor info on the county website
Neighborhood: 35758
Nearby homes
- $169,500-- bd1 ba931 sqft207 Waters Edge Ln, Madison, AL 35758Off Market
- $162,1002 bd1 ba789 sqft205 Waters Edge Ln, Madison, AL 35758Off Market

- $247,5002 bd2 ba925 sqft203 Waters Edge Ln, Madison, AL 35758Off Market

- $158,0002 bd2 ba987 sqft211 Waters Edge Ln, Madison, AL 35758Sold

- $130,0001 bd1 ba614 sqft201 Waters Edge Ln, Madison, AL 35758Sold
- $140,700-- bd1 ba789 sqft213 Waters Edge Ln, Madison, AL 35758Off Market
- $155,3001 bd1 ba865 sqft199 Waters Edge Ln, Madison, AL 35758Off Market
- $181,000-- bd1 ba1k sqft231 Waters Edge Ln, Madison, AL 35758Off Market
Nearby schools
GreatSchools rating
- 10/10Midtown Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 10/10Discovery Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Bob Jones High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$179,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$179,600
- Alabama
- Madison County
- Madison
- 35758
- 241 Waters Edge Ln