NOT LISTED FOR SALE

1531 Royal St Madison, TN 37115

Estimated Value: $384,000 - $437,000

2 Beds
2.5 Baths
1,496 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $299,900 $200 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,513/month

33 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Cooling Available
  • Cottage
  • Walk-In Closet
  • Central Heating

About This Home

As of October 2020

Welcome to The Briar! Located in the popular and growing Madison, TN area, these cottages offer great value pricing w/ their quality build and proximity to Downtown Nashville & East Nashville. Craftsman details throughout | 2 Owner suites each w/ private baths | Porch & balconies | Light filled, open concept living | Perfect for homeowners & Investor (no short term rentals) | Preferred Lender specials as well!

Last Agent to Sell the Property

Tj Anderson

Benchmark Realty, LLC Brokerage Phone: 6153641530 License # 293905 Listed on: 08/14/2020

Benchmark Realty, LLC

Last Buyer's Agent

Brittney Darby

Benchmark Realty, LLC License # 339079

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 2020

Lot Details

  • 871

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation

Interior Spaces

  • 1,496 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Interior Storage Closet

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Unassigned Parking

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Covered Patio or Porch
  • 871 Sq Ft Lot

Community Details

  • $500 One-Time Secondary Association Fee
  • The Briar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051100J01400CO

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,467

Year Built

Built in 2020

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Horizontal Property Regime - Detached
  • Architectural Style: Cottage
  • Year Built: 2020
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 6153641530
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1496
  • Building Area Units: Square Feet
  • Living Area: 1496
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered Patio, Porch
  • 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: Unassigned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 112
  • Association #2 Fee: 500
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Acres
  • Parcel #: 051100J01400CO
  • 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 School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 23, 2020
Sold by
Arty Llc
Bought by
Barkley Rebecca Jane
Seller's Agent
Tj Anderson
Benchmark Realty, LLC
Buyer's Agent
Brittney Darby
Benchmark Realty, LLC
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$402,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,969
Avg. Annual Appreciation
6.36%
Original Mortgage
$239,920
Outstanding Balance
$215,916
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,865
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
Barkley Rebecca Jane $299,900 Rudy Title And Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkley Rebecca Jane $239,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $299,900 0.0% $200 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $299,900 -- $200 / 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 $2,467 $75,825 $15,000 $60,825
2023 $2,467 $75,825 $15,000 $60,825
2022 $2,872 $75,825 $15,000 $60,825
2021 $2,493 $75,825 $15,000 $60,825
2020 $851 $20,150 $8,250 $11,900
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2179633

Realtracs

APN: 051-10-0J-015-00