NOT LISTED FOR SALE

1021 New Providence Pass Madison, TN 37115

Heron Walk Neighborhood

Estimated Value: $224,000 - $254,000

3 Beds
1 Bath
982 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $207,000 $211 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,499/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available

About This Home

As of October 2022

Rare home this close to downtown on 1/3rd of acre. Tenant moved out last week, he diligently paid $1,400/month. The home has made a wonderful investment property, however it's ideal for a small family given the 3 bedrooms and lot size. Many new homes are being built in the neighborhood, so appreciation should be on the horizon. Multiple offers received, deadline for offers is Sunday at 7 PM, response will be Monday by 11 AM. Thank you!

Last Agent to Sell the Property

Marian Andreescu

Doorbell Real Estate Brokerage Phone: 2488661289 License #348715 Listed on: 09/21/2022

Last Buyer's Agent

Rony Pacheco

simpliHOM License #350719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1933

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 74 x 169

Home Design

  • Frame Construction

Interior Spaces

  • 982 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Neely's Bend Elementary School
  • Rose Park Math/ Science Magnet Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Edward W Meek Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04315030000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1933
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 2488661289
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Built-In Electric Oven, Built-In Electric Range
  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 982
  • Building Area Units: Square Feet
  • Living Area: 982
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size: 74 X 169
  • Lot Size Units: Acres
  • Parcel #: 04315030000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1355

MLS Schools

  • Elementary School: Neely's Bend Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Rose Park Math/ Science Magnet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 26, 2022
Sold by
Andreescu Marian
Bought by
Iboy Apolonio Vargas
Seller's Agent
Marian Andreescu
Doorbell Real Estate
Buyer's Agent
Rony Pacheco
simpliHOM
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%
Views
23
Current Estimated Value
$254,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,510
Avg. Annual Appreciation
6.24%
Original Mortgage
$167,670
Outstanding Balance
$162,493
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$82,862

Purchase Details

Closed on
Apr 12, 2021
Sold by
Andreescu Dan Florin and Andreescu Stephanie Sara
Bought by
Andreescu Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
1021 New Providence Trusts
Bought by
Andreescu Dan Florin and Andreescu Stephanie Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Meek Edward W
Bought by
Leung Amanda and The 1021 New Providence Trust
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
Iboy Apolonio Vargas $207,000 Magnolia Title & Escrow
Andreescu Marian -- Concord Title
Andreescu Dan Florin $185,000 Concord Title
Leung Amanda $110,000 Rudy Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iboy Apolonio Vargas $167,670
Previous Owner Andreescu Dan Florin $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $207,000 -3.7% $211 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $215,000 -44.9% $219 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $389,900 +1459.6% $465 / Sq Ft
01/17/2014 01/17/14 Sold $25,000 -- $30 / Sq Ft
Source: Realtracs

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 $1,341 $41,200 $16,525 $24,675
2023 $1,341 $41,200 $16,525 $24,675
2022 $1,561 $41,200 $16,525 $24,675
2021 $1,355 $41,200 $16,525 $24,675
2020 $1,073 $25,425 $7,200 $18,225
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2441102

Realtracs

APN: 043-15-0-300-00