NOT LISTED FOR SALE

205 Nix Dr Madison, TN 37115

Estimated Value: $266,000 - $302,519

3 Beds
1 Bath
1,014 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $225,000 $222 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,690/month

4 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating
  • No HOA
  • Cooling Available
  • Property has 1 Level

About This Home

As of May 2022

Zoned Rs7.5 with 21,344 sqft lot size with 116' road frontage. Metro Planning says this - "if subdivided, each lot will need a minimum street frontage of 56 feet and must be at least 9,836.25 square feet in size. The subdivision process takes 6-8 weeks with a $1,000 application fee."SINGLE buildable plots are going for $150-175k in this neighborhood. Current property is 3 bed 1 bath 1014 sqft roof 6 years old hvac 6 years old hardwood floors. 203 Nix Dr next door is also for sale.

Last Agent to Sell the Property

Josh Souder

eXp Realty License #332857 Listed on: 04/11/2022

eXp Realty

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1955

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 115 x 175

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,014 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Amqui Elementary School
  • Neelys Bend Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04310001300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1014
  • Building Area Units: Square Feet
  • Living Area: 1014
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.49
  • Lot Size: 115 X 175
  • Lot Size Units: Acres
  • Parcel #: 04310001300
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1380

MLS Schools

  • Elementary School: Amqui Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Neelys Bend Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 19, 2022
Sold by
Drd Renovations Llc
Bought by
Ob Investment Group Llc
Seller's Agent
Josh Souder
eXp Realty
Buyer's Agent
NONMLS NONMLS
List Price
$258,900
Sold Price
$225,000
Premium/Discount to List
-$33,900
-13.09%
Current Estimated Value
$287,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,880
Avg. Annual Appreciation
7.25%
Original Mortgage
$191,250
Outstanding Balance
$182,202
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$99,861

Purchase Details

Closed on
Dec 28, 2021
Sold by
Shrum Jerry and Shrum Joyce
Bought by
True Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Muusic City Holdings Llc
Bought by
Drd Renovations Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2014
Sold by
Dale Oliver H
Bought by
Shrum Jerry and Shrum Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2014
Sold by
Humphrey James E
Bought by
Dale Oliver H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 7, 2000
Sold by
Ellis John
Bought by
Humphrey James F

Purchase Details

Closed on
Nov 16, 2000
Sold by
Humphry James
Bought by
Ellis John
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
Ob Investment Group Llc $225,000 Concord Title
True Investments Inc $276,982 None Listed On Document
True Investments Inc $276,982 None Listed On Document
Drd Renovations Llc $226,000 Concord Title
Music City Holdings Llc $192,813 Rudy Title & Escrow Llc
Shrum Jerry $40,000 None Available
Dale Oliver H $60,000 None Available
Humphrey James F $57,813 --
Ellis John $41,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ob Investment Group Llc $191,250
Previous Owner True Investments Inc $316,000
Previous Owner Drd Renovations Llc $214,000
Previous Owner Shrum Jerry $36,000
Previous Owner Humphrey James $37,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $225,000 -13.1% $222 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $258,900 -- $255 / 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 $1,366 $41,975 $14,375 $27,600
2023 $1,366 $41,975 $14,375 $27,600
2022 $1,366 $41,975 $14,375 $27,600
2021 $1,380 $41,975 $14,375 $27,600
2020 $1,280 $30,325 $9,900 $20,425
2019 $957 $30,325 $9,900 $20,425
2018 $957 $30,325 $9,900 $20,425
2017 $957 $30,325 $9,900 $20,425
2016 $781 $19,900 $5,950 $13,950
2015 $781 $19,900 $5,950 $13,950
2014 $781 $19,900 $5,950 $13,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2373983

Realtracs

APN: 043-10-0-013