$241,000 - $313,000
RENTED DEC 28, 2024

1521 Royal St Unit 5 Madison, TN 37115

3 Beds
2 Baths
1,517 Sq Ft
$182 Price per Sq Ft

Last Sold April 15, 2024

Last sale price $250,000 $165 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,779/month

Highlights

  • Separate Formal Living Room
  • Cooling Available
  • Tile Flooring
  • Great Room
  • Storage
  • Central Heating

About This Home

As of December 2024

LOCATION! LOCATION! LOCATION! This adorable, newly renovated cottage is just minutes from Downtown Nashville. Right off Ellington Parkway, Briley Parkway & I-65 this is a commuter's dream! 3 very nice-sized bedrooms plus two full bathrooms allows for the perfect space to come home to! The property offers private outdoor living space, covered parking, and ample storage! New Wood Floors, New Appliances, Newer HVAC, New Fixtures, Ready to rent!

Last Agent to Rent the Property

Hunter McElroy

Veritas Realty Group, LLC Brokerage Phone: 6628034319 License # 367119 Listed on: 07/18/2024

Last Renter's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1987

Lot Details

  • Privacy Fence

HOA Fees

  • $150 Monthly HOA Fees

Interior Spaces

  • 1,517 Sq Ft Home
  • Property has 1 Level
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Great Room
  • Separate Formal Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Schools

  • Chadwell Elementary School
  • Jere Baxter Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Association fees include ground maintenance, trash
  • Royal Trace Subdivision

Listing and Financial Details

  • Property Available on 7/22/24
  • Assessor Parcel Number 051100C00500CO

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 1987

Lot Details

0

HOA Fees

$150 per month

Rental Info

  • Available Date: 2024-07-22
  • Lease Term: Other
  • Pets Allowed: Call

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Other Condo
  • Year Built: 1987
  • Unit Levels: One
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 6628034319
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Furnished: Unfurnished
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Above Grade Finished Sq Ft: 1517
  • Building Area Units: Square Feet
  • Living Area: 1517
  • Living Area Units: Square Feet

Exterior Features

  • Fencing: Privacy
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 051100C00500CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Jere Baxter Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Apr 15, 2024
Sold by
Carver Gayle J
Bought by
Gilbert T Kelly And Sonja Brantley Kelly Livi
Seller's Agent
Sonja Kelly
Benchmark Realty, LLC
Buyer's Agent
Sonja Kelly
Benchmark Realty, LLC
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%
Views
223
Current Estimated Value
$275,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,625
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Feb 1, 2010
Sold by
Dyer Ann M and Bullard Jean M
Bought by
Carver Gayle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2009
Sold by
Motley Peggy
Bought by
Atwood Velma Jean Pearce and Atwood Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gilbert T Kelly And Sonja Brantley Kelly Livi $250,000 Bell & Alexander Title
Carver Gayle J $118,000 None Available
Atwood Velma Jean Pearce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carver Gayle J $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2024 12/28/24 Rented -- -- --
11/26/2024 11/26/24 Price Changed $2,000 0.0% $1 / Sq Ft
11/26/2024 11/26/24 For Rent $2,000 -4.8% --
11/20/2024 11/20/24 Off Market $2,100 -- --
11/04/2024 11/04/24 Price Changed $2,100 -4.5% $1 / Sq Ft
09/20/2024 09/20/24 For Rent $2,200 0.0% --
09/15/2024 09/15/24 Off Market $2,200 -- --
09/06/2024 09/06/24 Price Changed $2,200 -4.3% $1 / Sq Ft
08/26/2024 08/26/24 Price Changed $2,299 -2.2% $2 / Sq Ft
08/13/2024 08/13/24 Price Changed $2,350 -2.0% $2 / Sq Ft
08/05/2024 08/05/24 Price Changed $2,399 -2.1% $2 / Sq Ft
07/29/2024 07/29/24 Price Changed $2,450 -3.9% $2 / Sq Ft
07/18/2024 07/18/24 For Rent $2,550 0.0% --
04/15/2024 04/15/24 Sold $250,000 -19.4% $165 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $310,000 -- $204 / 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 $1,533 $47,125 $12,575 $34,550
2023 $1,533 $47,125 $12,575 $34,550
2022 $1,785 $47,125 $12,575 $34,550
2021 $1,549 $47,125 $12,575 $34,550
2020 $1,510 $35,775 $8,900 $26,875
2019 $1,129 $35,775 $8,900 $26,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2680307

Realtracs

APN: 051-10-0C-005-00