NOT LISTED FOR SALE

218 Cedarwood Ln Unit 218 Madison, TN 37115

Madison Neighborhood

Estimated Value: $226,509 - $238,000

2 Beds
2.5 Baths
1,356 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 07, 2019

Last sale price $150,000 $111 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,463/month

32 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • 1 Fireplace
  • Patio
  • Ceiling Fan

About This Home

As of September 2019

Beautiful renovated 2 bedroom Condo, Huge bedrooms, oversized closets, wood floors, ceramic tile back splash in the kitchen, enormous private gated patio, move in ready

Last Agent to Sell the Property

Steven Lilly

Benchmark Realty, LLC License # 334561 Listed on: 05/03/2019

Benchmark Realty, LLC

Last Buyer's Agent

Frank Duncan

Benchmark Realty, LLC License # 314315

Benchmark Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $708

Year Built

  • Built in 1982

Lot Details

  • 610

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,356 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Patio
  • Privacy Fence

Community Details

  • $250 One-Time Secondary Association Fee
  • Association fees include exterior maintenance, ground maintenance, trash, water
  • Cedarwood Courtyard Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043020A21800CO

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$708

Year Built

Built in 1982

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1356
  • Building Area Units: Square Feet
  • Living Area: 1356
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • 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: Assigned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Trash, Water
  • Association Fee: 145
  • Association #2 Fee: 250
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 043020A21800CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 708

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
May 3, 2019
Closed on
Aug 19, 2019
Sold by
Orme Michael
Bought by
Babcock Michael
Seller's Agent
Steven Lilly
Benchmark Realty, LLC
Buyer's Agent
Frank Duncan
Benchmark Realty, LLC
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$234,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,127
Avg. Annual Appreciation
7.52%
Original Mortgage
$142,500
Outstanding Balance
$124,804
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$109,323

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 4, 2017
Sold by
Henley Akilah and Robinson Jewayne
Bought by
Orme Michael
Seller's Agent
Kesa Fowler
Black Haus Realty
Buyer's Agent
Hans Lorei
Benchmark Realty, LLC
List Price
$1,550
Sold Price
$117,500
Premium/Discount to List
$115,950
7480.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Leonard Custom Homes Inc
Bought by
Henley Akilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,447
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Leonard Custom Homes Inc

Purchase Details

Closed on
Jan 27, 2010
Sold by
Martin Mary Ann
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 21, 1999
Sold by
Kennedy James Anthony
Bought by
Martin Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.06%
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
Babcock Michael $150,000 Rudy Title And Escrow Llc
Orme Michael $117,500 Providence Titlellc
Henley Akilah $41,500 Realty Title & Escrow Co Inc
Leonard Custom Homes Inc $24,000 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corp $50,020 None Available
Martin Mary Ann $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Michael $142,500
Previous Owner Henley Akilah $40,447
Previous Owner Martin Mary Ann $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2019 12/11/19 Pending -- -- --
12/10/2019 12/10/19 Price Changed $1,495 -3.5% $1 / Sq Ft
11/13/2019 11/13/19 For Sale $1,550 -99.0% $1 / Sq Ft
09/07/2019 09/07/19 Sold $150,000 -6.3% $111 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $160,000 +36.2% $118 / Sq Ft
08/04/2017 08/04/17 Sold $117,500 -- $87 / Sq Ft View Prior Sale
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 $1,196 $36,750 $8,250 $28,500
2023 $1,196 $36,750 $8,250 $28,500
2022 $1,392 $36,750 $8,250 $28,500
2021 $1,208 $36,750 $8,250 $28,500
2020 $947 $22,425 $4,250 $18,175
2019 $708 $22,425 $4,250 $18,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2034506

Realtracs

APN: 043-02-0A-218-00