Seller's Agent in 2025
Rachael Kimbler
Compass RE
(615) 481-1206
1 in this area
88 Total Sales
116 Margaret St Madison, TN 37115
Heron Walk NeighborhoodEstimated Value: $264,000 - $341,000
4
Beds
2
Baths
1,572
Sq Ft
$186/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Mar 17, 2025
Sold by
Bought by
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
$7,769
Avg. Annual Appreciation
2.07%
Original Mortgage
$228,000
Outstanding Balance
$226,241
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$66,528
Purchase Details
Closed on
Oct 9, 2020
Sold by
Bought by
Purchase Details
Closed on
Apr 30, 2013
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $285,000 | Foundation Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $228,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
107 Total Sales
Map
Source: Realtracs
MLS Number: 2787825
APN: 052-01-0-161
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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