NOT LISTED FOR SALE

186 Heritage Trace Dr Unit 186 Madison, TN 37115

Estimated Value: $247,000 - $276,000

3 Beds
2.5 Baths
1,472 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $235,000 $160 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,767/month

10 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Tile Flooring
  • 1 Fireplace
  • Cooling Available
  • Central Heating

About This Home

As of August 2021

Spacious well-maintained 3 bedrooms with 2 and half baths. Privacy fence and spacious covered Carport. HOA includes, water, lawn, roof, gutters, pest control and exterior. Close to everything. 1 mile from HWY 65. Move-In Ready. Showings to start on Thursday Aug. 5, 2021

Last Agent to Sell the Property

Grace Guthrie

Reliant Realty ERA Powered License #304042 Listed on: 07/29/2021

Reliant Realty ERA Powered

Last Buyer's Agent

Jeff (Team Swayz Swayze

The Ville Real Estate Co. License #295062

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1985

Lot Details

  • 871 Sq Ft Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Caldwell Enhanced Option Elementary School
  • Neelys Bend Elementary Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 042110B10800CO

Community Details

Overview

  • $250 One-Time Secondary Association Fee
  • Association fees include exterior maintenance, ground maintenance, recreation facilities, pest control
  • Heritage Village Condomimi Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,274

Year Built

Built in 1985

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1472
  • Building Area Units: Square Feet
  • Living Area: 1472
  • Living Area Units: Square Feet

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
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Recreation Facilities, Pest Control
  • Association Fee: 245
  • Association #2 Fee: 250
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Units: Acres
  • Parcel #: 042110B10800CO
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1274

MLS Schools

  • Elementary School: Caldwell Enhanced Option
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Neelys Bend Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 26, 2021
Sold by
Mendoza Alberto Hernandez
Bought by
Jones Torye M
Seller's Agent
Grace Guthrie
Reliant Realty ERA Powered
Buyer's Agent
Jeff (Team Swayz Swayze
The Ville Real Estate Co.
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Current Estimated Value
$260,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,987
Avg. Annual Appreciation
3.19%
Original Mortgage
$230,743
Outstanding Balance
$211,951
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$54,709

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 13, 2020
Sold by
Opendoor Property Trust I
Bought by
Mendoza Alberto Hernandez
Seller's Agent
Feras Rachid
OPENDOOR BROKERAGE, LLC
Buyer's Agent
Grace Guthrie
Reliant Realty ERA Powered
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.90%
Original Mortgage
$169,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2020
Sold by
Kelley Joseph
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 28, 2016
Sold by
Knowlton Donald J
Bought by
Kelley Joseph
Seller's Agent
Shirley Frierson
Exit Realty Elite
Buyer's Agent
Lynda Downum
The Realty Association
List Price
$232,000
Sold Price
$133,000
Premium/Discount to List
-$99,000
-42.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$106,400
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2001
Sold by
Baskerville Robert W and Baskerville Pansy M
Bought by
Knowlton Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
7.09%
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
Jones Torye M $235,000 Signature Title Services Llc
Mendoza Alberto Hernandez $175,000 Tennessee Title Services Llc
Opendoor Property Trust I $169,600 Opendoor Title Llc
Kelley Joseph $133,000 Midtown Title Llc
Knowlton Donald J $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Torye M $230,743
Previous Owner Mendoza Alberto Hernandez $169,750
Previous Owner Kelley Joseph $106,400
Previous Owner Donald J $13,721
Previous Owner Knowlton $5,238
Previous Owner Knowlton Donald J $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $235,000 +4.4% $160 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $225,000 +28.6% $153 / Sq Ft
05/14/2020 05/14/20 Sold $175,000 0.0% $119 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $175,000 -24.6% $119 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $232,000 0.0% $158 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/01/2019 04/01/19 Price Changed $232,000 -1.3% $158 / Sq Ft
03/29/2019 03/29/19 For Sale $235,000 0.0% $160 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $235,000 +76.7% $160 / Sq Ft
10/28/2016 10/28/16 Sold $133,000 -- $90 / 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 $1,337 $41,075 $8,000 $33,075
2023 $1,337 $41,075 $8,000 $33,075
2022 $1,556 $41,075 $8,000 $33,075
2021 $1,351 $41,075 $8,000 $33,075
2020 $1,274 $30,175 $6,000 $24,175
2019 $952 $30,175 $6,000 $24,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2278428

Realtracs

APN: 042-11-0B-108-00