NOT LISTED FOR SALE

217 Monroe St Madisonville, TN 37354

Estimated Value: $202,000 - $238,330

3 Beds
2 Baths
1,242 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $240,000 $193 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,183/month

140 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Detached Garage
  • Corner Lot
  • Separate Outdoor Workshop
  • Walk-In Closet

About This Home

As of May 2024

Welcome to your dream home in the heart of downtown Madisonville, TN! This freshly remodeled beauty is adorned with a brand-new roof, ensuring peace of mind for years to come. The kitchen is a culinary haven with Whirlpool appliances, stunning butcher block countertops, and luxury cabinets that redefine elegance.

Step onto the gorgeous, waterproof, and scratch-proof luxury vinyl plank flooring that spans the entire home, offering both style and durability. The white brick ranch style adds a timeless charm, creating a welcoming atmosphere for you and your guests.

The neutral color palette and abundant natural light create an inviting atmosphere, making it easy to envision this space as your own. This property boasts a very large detached 20x30 garage, providing ample space for your vehicles, hobbies, or storage needs. The home is not just aesthetically pleasing; it's also equipped with new wiring and HVAC, ensuring modern comfort and safety.

This home provides a modern aesthetic with all new state of the art lighting throughout and a beautiful unique tile backsplash in both bathrooms that are guaranteed to WOW guests. Beyond the impressive features, the location is unbeatable. Nestled in the heart of downtown Madisonville, you'll enjoy the convenience of being close to local shops, restaurants, and community events. Embrace the charm of small-town living while having easy access to amenities.

Seize the opportunity to make this remodeled gem your own—schedule a visit and experience the perfect blend of luxury, functionality, and prime location!

Last Agent to Sell the Property

Joshua Watson

Norman Lee Real Estate License #356717 Listed on: 12/01/2023

Last Buyer's Agent

Carla Patton

Silver Key Realty License #344508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $160

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,242 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Internet Available

Community Details

  • No Home Owners Association
  • Marcus Tyler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056M A 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$160

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: From College St turn unto Veal Heights, property will be on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1959
  • Lot Size Acres: 0.23
  • Subdivision Name: Marcus Tyler
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1242.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Brick2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Heat:Ceiling: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Vinyl
  • ResoLivingAreaSource: Owner
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:None15: Yes

Exterior Features

  • Exterior Features: Fence - Privacy, Patio
  • Lot Features: Corner Lot
  • Construction Type: Other, Brick, Frame
  • Other Structures: Workshop
  • Construction:Frame: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fence - Privacy: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Ceiling, Electric
  • Heating Yn: Yes

Schools

  • High School: Sequoyah
  • Middle Or Junior School: Madisonville Middle

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 056M A 015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
May 9, 2024
Sold by
C & L Llc
Bought by
James Kaye Palmore Jr Irrevocable Trust and Palmore
Seller's Agent
Joshua Watson
Norman Lee Real Estate
Buyer's Agent
Carla Patton
Silver Key Realty
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
129
Current Estimated Value
$219,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,417
Avg. Annual Appreciation
-7.07%

Purchase Details

Closed on
Mar 26, 2021
Sold by
Mcgill Dennis
Bought by
C & L Llc

Purchase Details

Closed on
Jun 17, 2005
Sold by
Cook Jeffrey S
Bought by
Mcgill Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Johnson Henry A
Bought by
Cook Jeffery

Purchase Details

Closed on
Aug 1, 1986
Bought by
Johnson Henry A Nancy S

Purchase Details

Closed on
Mar 15, 1984

Purchase Details

Closed on
Jul 12, 1983

Purchase Details

Closed on
May 19, 1979
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
James Kaye Palmore Jr Irrevocable Trust $240,000 Unity Title
C & L Llc $20,000 Skyway Title Services
Mcgill Dennis $70,000 --
Cook Jeffery $38,900 --
Johnson Henry A Nancy S -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C & L Llc $128,250
Previous Owner Mcgill Dennis $67,550
Previous Owner Not Available $70,000
Previous Owner Cook Jeffrey S $53,200
Previous Owner Jeffrey Cook $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $240,000 -7.7% $193 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $259,900 0.0% $209 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $259,900 -3.7% $209 / Sq Ft
01/11/2024 01/11/24 Price Changed $269,900 -2.7% $217 / Sq Ft
12/22/2023 12/22/23 Price Changed $277,400 -0.9% $223 / Sq Ft
12/01/2023 12/01/23 For Sale $279,900 -- $225 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $160 $42,925 $5,325 $37,600
2023 $160 $7,575 $5,325 $2,250
2022 $145 $4,700 $2,875 $1,825
2021 $145 $4,700 $2,875 $1,825
2020 $882 $28,575 $2,875 $25,700
2019 $808 $28,575 $2,875 $25,700
2018 $624 $22,075 $2,875 $19,200
2017 $614 $20,450 $3,100 $17,350
2016 $614 $20,450 $3,100 $17,350
2015 $614 $20,450 $3,100 $17,350
2014 $541 $20,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1247028

East Tennessee REALTORS® MLS

APN: 056M-A-015.00