NOT LISTED FOR SALE

1516 Lewis Rd Madison, TN 37115

Estimated Value: $227,000 - $251,000

2 Beds
2 Baths
1,132 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $165,000 $146 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,648/month

2 Days on Market

Highlights

  • Cooling Available
  • 1 Car Garage
  • Property has 1 Level
  • Central Heating
  • Carpet

About This Home

As of February 2021

Check out this 2 bed/2 bath brick home, just 10 minutes from downtown. Includes refrigerator, detached garage with storage, carpet and engineered wood flooring, and a private patio. HOA fees include weekly yard maintenance and shrubs, siding, gutters, roof, termite, drainage upkeep.

Last Agent to Sell the Property

Justin Tucker

Platinum Realty Partners, LLC Brokerage Phone: 6159068458 License #327228 Listed on: 12/15/2020

Last Buyer's Agent

Richard Garrett

Concord Realty License #265434

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1986

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 28 x 72

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,132 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Chadwell Elementary School
  • Gra-Mar Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Oakland Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051100A10400CO

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1986

Lot Details

0

HOA Fees

$169 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6159068458
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1132
  • Building Area Units: Square Feet
  • Living Area: 1132
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 169
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size: 28 X 72
  • Lot Size Units: Acres
  • Parcel #: 051100A10400CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1182

MLS Schools

  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Gra-Mar Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 12, 2021
Sold by
Edwards Melissa L and Coogle Winfred E
Bought by
Young Loni D and Young Arlyn
Seller's Agent
Justin Tucker
Platinum Realty Partners, LLC
Buyer's Agent
Richard Garrett
Concord Realty
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
$251,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,098
Avg. Annual Appreciation
8.60%
Original Mortgage
$160,050
Outstanding Balance
$144,658
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$94,868
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
Young Loni D $165,000 Southern Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Loni D $60,000
Open Young Loni D $160,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $165,000 +3.1% $146 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $160,000 -- $141 / 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 $1,336 $41,050 $8,500 $32,550
2023 $1,336 $41,050 $8,500 $32,550
2022 $1,555 $41,050 $8,500 $32,550
2021 $1,350 $41,050 $8,500 $32,550
2020 $1,582 $37,475 $7,250 $30,225
2019 $1,182 $37,475 $7,250 $30,225
Source: Public Records

Agents Affiliated with this Home

  • Justin Tucker

    Seller's Agent in 2021

    Justin Tucker

    Platinum Realty Partners, LLC

    (615) 906-2129

    2 in this area

    222 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Richard Garrett

    Concord Realty

    (931) 320-1251

    1 in this area

    33 Total Sales

    Section Image
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Map

Source: Realtracs

MLS Number: 2212949

Realtracs

APN: 051-10-0A-104-00

Tennessee Davidson County Madison 37115

1516 Lewis Rd, Madison, TN

This home is located at 1516 Lewis Rd, Madison, TN 37115 since 15 December 2020 and is currently estimated at $239,526, approximately $211 per square foot. This property was built in 1986. 1516 Lewis Rd is a home located in Davidson County with nearby schools including Chadwell Elementary School, Jere Baxter Middle, and Maplewood Comprehensive High School.

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