NOT LISTED FOR SALE

1319 Pierce Rd Madison, TN 37115

Estimated Value: $313,000 - $337,000

4 Beds
2 Baths
1,512 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $50,000 $33 Per Sq Ft

Est. 552% increase in value since last sale

Current estimated payment $2,014/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Carpet

About This Home

As of January 2012

Income potential in convenient location near shopping and schools. 2 units (1 side) of 4-unit complex, brick & vinyl, access to unit A only at this time, unit B is occupied.

Last Agent to Sell the Property

Linda Tinsley

Brokerage Phone: 6155901321 Listed on: 12/13/2011

Last Buyer's Agent

Perry Hamlett

The Realty Association License # 253927

The Realty Association

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 50 x 160

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • Amqui Elementary School
  • Neely's Bend Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2
  • Assessor Parcel Number 04301017600

Community Details

Overview

  • 2 Units
  • Pierce Place Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6155901321
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1512
  • Building Area Units: Square Feet
  • Living Area: 1512
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: 1
  • Lot Size: 50 X 160
  • Lot Size Units: Acres
  • Parcel #: 04301017600
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2

Tax Info

  • Tax Annual Amount: 1484

MLS Schools

  • Elementary School: Amqui Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Neely's Bend Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jan 23, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Bae Jeong Hwan and Oh Mi Sook
Seller's Agent
Linda Tinsley
Buyer's Agent
Perry Hamlett
The Realty Association
List Price
$185,000
Sold Price
$50,000
Premium/Discount to List
-$135,000
-72.97%
Current Estimated Value
$326,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,240
Avg. Annual Appreciation
15.20%

Purchase Details

Listed on
Dec 13, 2011
Closed on
Dec 1, 2011
Sold by
Barrera Estela and Barrera Raymundo
Bought by
Deutsche Bank Trust Company Americas
Seller's Agent
Linda Tinsley
Buyer's Agent
Perry Hamlett
The Realty Association
List Price
$185,000
Sold Price
$50,000
Premium/Discount to List
-$135,000
-72.97%

Purchase Details

Closed on
Mar 25, 2006
Sold by
Culbreath Fred D and Mitchell Grissim J
Bought by
Barrera Raymundo and Barrera Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,375
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Culbreath Joe David
Bought by
Culbreath Fred D and Mitchell Grissim J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,460
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2003
Sold by
Feener Harold D and Feener Sharon E
Bought by
Culbreath Joe D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,460
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2001
Sold by
Mcclellan Richard H and Mcclellan Carolyn J
Bought by
Freener Harold D and Feener Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Bae Jeong Hwan $50,000 None Available
Deutsche Bank Trust Company Americas $58,622 None Available
Barrera Raymundo $112,500 Grissim Title & Escrow Llc
Culbreath Fred D $303,030 Forsythe Title & Escrow Svcs
Culbreath Joe D $327,600 --
Freener Harold D $160,000 Cumberland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrera Raymundo $84,375
Previous Owner Culbreath Fred D $278,460
Previous Owner Culbreath Joe D $278,460
Previous Owner Freener Harold D $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Off Market $50,000 -- --
03/24/2014 03/24/14 For Sale $185,000 +270.0% $122 / Sq Ft
01/26/2012 01/26/12 Sold $50,000 -- $33 / 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 $2,739 $84,160 $20,000 $64,160
2023 $2,739 $84,160 $20,000 $64,160
2022 $1,992 $84,160 $20,000 $64,160
2021 $2,767 $84,160 $20,000 $64,160
2020 $2,176 $51,560 $13,200 $38,360
2019 $1,627 $51,560 $13,200 $38,360
2018 $0 $51,560 $13,200 $38,360
2017 $1,627 $51,560 $13,200 $38,360
2016 $1,375 $35,040 $6,800 $28,240
2015 $1,375 $35,040 $6,800 $28,240
2014 $1,375 $35,040 $6,800 $28,240
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Tinsley

  • Perry Hamlett

    Buyer's Agent in 2012

    Perry Hamlett

    The Realty Association

    (615) 385-9010

    1 in this area

    5 Total Sales

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Map

Source: Realtracs

MLS Number: 1325147

Realtracs

APN: 043-01-0-176

Tennessee Davidson County Madison 37115

1319 Pierce Rd, Madison, TN

This home is located at 1319 Pierce Rd, Madison, TN 37115 since 13 December 2011 and is currently estimated at $326,240, approximately $215 per square foot. This property was built in 1984. 1319 Pierce Rd is a home located in Davidson County with nearby schools including Amqui Global Communications Magnet K-8 School, Hunters Lane Comprehensive High School, and Smithson Craighead Academy.

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