Seller's Agent in 2025
Rachael Kimbler
Compass RE
(615) 481-1206
1 in this area
86 Total Sales
116 Margaret St Madison, TN 37115
Heron Walk NeighborhoodEstimated Value: $280,000 - $297,000
4
Beds
2
Baths
1,572
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Property has 1 Level
- No HOA
- Radiant Heating System
About This Home
As of March 2025Welcome to 116 Margaret Street, a versatile duplex located on a cul-de-sac in the vibrant community of Madison, TN. This two-unit 1,572-square-foot property presents a unique opportunity for savvy investors or those seeking a house-hacking strategy by living in one unit and renting the other. With two bedrooms and one bath on each side, this home offers ample space and flexibility. Outside, a generous driveway provides plenty of parking space for each side. Madison's ongoing revitalization, highlighted by the groundbreaking of Madison Station later this year, positions this property as an attractive investment. Secure your piece of Madison now, while prices remain accessible, and watch as the surrounding area flourishes with new developments and community improvements. Don't miss out on this prime opportunity to own a property with endless potential. Multiple offers received.
Last Agent to Sell the Property
Compass RE Brokerage Phone: 6154811206 License #306534 Listed on: 02/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,604
Year Built
- Built in 1959
Lot Details
- Lot Dimensions are 100 x 150
Home Design
- Duplex
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 1,572 Sq Ft Home
- Property has 1 Level
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Gravel Driveway
Schools
- Stratton Elementary School
- Madison Middle School
- Hunters Lane Comp High School
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Community Details
- No Home Owners Association
- 2 Units
- B H & M Franklin Subdivision
Listing and Financial Details
- The owner pays for electricity, water
- Assessor Parcel Number 05201016100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Mar 17, 2025
Sold by
Newberry Jeffrey Barton and Waller Venessa Newberry
Bought by
Ciprian Agustin Mejia and Morente Ernesta Rosales
Seller's Agent
Rachael Kimbler
Compass RE
Buyer's Agent
Miguel Calvo
The Realty Association
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402
Avg. Annual Appreciation
0.19%
Original Mortgage
$228,000
Outstanding Balance
$226,241
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$59,161
Purchase Details
Closed on
Oct 9, 2020
Sold by
Mckee Robert Jordan and Newberry Jeffrey Barton
Bought by
Newberry Jeffrey Barton and Waller Venessa Newberry
Purchase Details
Closed on
Apr 30, 2013
Sold by
Newberry Mildred Mckee
Bought by
Newberry William Lovell
Purchase Details
Closed on
Apr 10, 2007
Sold by
Newberry Mildred Mckee
Bought by
Newberry Mildred Mckee and Newberry William L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ciprian Agustin Mejia | $285,000 | Foundation Title | |
| Newberry Jeffrey Barton | -- | None Available | |
| Newberry William Lovell | -- | None Available | |
| Newberry Mildred Mckee | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ciprian Agustin Mejia | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $285,000 | -3.4% | $181 / Sq Ft |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $295,000 | -- | $188 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,241 | $115,160 | $41,400 | $73,760 |
| 2024 | $2,605 | $80,040 | $18,000 | $62,040 |
| 2023 | $2,605 | $80,040 | $18,000 | $62,040 |
| 2022 | $2,605 | $80,040 | $18,000 | $62,040 |
| 2021 | $2,632 | $80,040 | $18,000 | $62,040 |
| 2020 | $1,975 | $46,800 | $8,000 | $38,800 |
| 2019 | $1,477 | $46,800 | $8,000 | $38,800 |
| 2018 | $1,477 | $46,800 | $8,000 | $38,800 |
| 2017 | $1,477 | $46,800 | $8,000 | $38,800 |
| 2016 | $1,249 | $31,840 | $6,400 | $25,440 |
| 2015 | $1,249 | $31,840 | $6,400 | $25,440 |
| 2014 | $1,249 | $31,840 | $6,400 | $25,440 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Kimbler
-
Miguel Calvo
Buyer's Agent in 2025
Miguel Calvo
The Realty Association
(615) 516-6673
3 in this area
109 Total Sales
Map
Source: Realtracs
MLS Number: 2787825
APN: 052-01-0-161
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