NOT LISTED FOR SALE

148 Heritage Trace Dr Madison, TN 37115

Madison Neighborhood

Estimated Value: $190,000 - $220,000

2 Beds
1.5 Baths
1,152 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $217,500 $189 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,514/month

32 Days on Market

Highlights

  • Clubhouse
  • Tile Flooring
  • 2 Car Garage
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of May 2024

Lovingly redecorated and updated condo on the backside of Heritage Village with no other units behind. Generous two car parking carport, storage, patio and tons of upgrades. Generous storage in patio storage closet and above the carport. Well-kept neighborhood with club house and pool. Lots of space to walk and enjoy your pets. Instant access to Interstate 65 so you can be in downtown in 12 minutes, Rivergate in 5 minutes, and downtown Madison in 3 minutes.

Last Agent to Sell the Property

Brian Copeland

Compass Brokerage Phone: 6155546177 License #298334 Listed on: 03/14/2024

Compass

Last Buyer's Agent

Pamela Carver

Southern Middle Realty License #343343

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Alley Access

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Additional Features

  • 436 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 042110B12700CO

Community Details

Overview

  • Heritage Village Condomimiums Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,151

Year Built

Built in 1985

Lot Details

436 Sq Ft Lot

HOA Fees

$315 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1985
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1152
  • Building Area Units: Square Feet
  • Living Area: 1152
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Alley Access
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 042110B12700CO
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1151

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 23, 2024
Sold by
Wright Elijah Jerome and Geisler John Philip
Bought by
Cross Pamela
Seller's Agent
Brian Copeland
Compass
Buyer's Agent
Pamela Carver
Southern Middle Realty
List Price
$229,900
Sold Price
$217,500
Premium/Discount to List
-$12,400
-5.39%
Views
79
Current Estimated Value
$207,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,954
Avg. Annual Appreciation
-2.54%
Original Mortgage
$202,500
Outstanding Balance
$199,287
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$8,259

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 28, 2020
Sold by
Shenouda Maged
Bought by
Wright Elijah Jerome and Geisler John Philip
Seller's Agent
Hisham Michael
BluePrint Realtors
Buyer's Agent
Brian Copeland
Compass
List Price
$144,999
Sold Price
$141,500
Premium/Discount to List
-$3,499
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$144,754
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2019
Sold by
Hill Ruth H
Bought by
Shenouda Maged
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cross Pamela $217,500 Wagon Wheel Title
Wright Elijah Jerome $141,500 Midtown Title Llc
Shenouda Maged $110,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Pamela $202,500
Previous Owner Wright Elijah Jerome $144,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $217,500 -1.1% $189 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $219,900 -4.3% $191 / Sq Ft
03/14/2024 03/14/24 For Sale $229,900 +62.5% $200 / Sq Ft
03/06/2020 03/06/20 Sold $141,500 -2.4% $123 / Sq Ft View Prior Sale
02/18/2020 02/18/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $144,999 -- $126 / Sq Ft
Source: Realtracs

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 $1,423 $50,575 $11,000 $39,575
2024 $1,151 $35,375 $8,000 $27,375
2023 $1,151 $35,375 $8,000 $27,375
2022 $1,340 $35,375 $8,000 $27,375
2021 $1,163 $35,375 $8,000 $27,375
2020 $1,030 $24,400 $6,000 $18,400
2019 $770 $24,400 $6,000 $18,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2629670

Realtracs

APN: 042-11-0B-127-00

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