NOT LISTED FOR SALE

231 Emmitt Ave Unit 1 Madison, TN 37115

Heron Walk Neighborhood

Estimated Value: $425,000 - $501,684

6 Beds
4 Baths
2,781 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $285,000 $102 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,903/month

Highlights

  • Cooling Available
  • 1 Car Garage
  • Property has 1 Level
  • Tile Flooring
  • Heat Pump System

About This Home

As of August 2018

SPACIOUS MULTIFAMILY DUPLEX WITH 3 BEDROOMS 2 FULL BATHS IN EACH UNIT*EACH UNIT HAS 1 CAR GARAGE AND PRIVATE BACK YARD*INDIVIDUAL WATER AND ELECTRIC METERS*ALL APPLIANCES REMAIN*WASHER AND DRYER HOOKUPS IN EACH UNIT* 1,124 SQFT AND 1,744 SQFT.

Last Agent to Sell the Property

Eddie White

Real Estate Solutions of Tennessee, LLC License #321444 Listed on: 07/01/2018

Last Buyer's Agent

Michael Cadle

Benchmark Realty, LLC License #299103

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 222 x 117

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,781 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Tile

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $2
  • Assessor Parcel Number 05108022100

Community Details

Overview

  • 2 Units
  • Power & Roth Madison Park Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Above Grade Finished Sq Ft: 2781
  • Building Area Units: Square Feet
  • Living Area: 2781
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: res
  • Lot Size: 222 X 117
  • Lot Size Units: Acres
  • Parcel #: 05108022100
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2

Tax Info

  • Tax Annual Amount: 1764

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 6, 2018
Sold by
Barnyashev Miroslav
Bought by
Tong Po Holdings Llc
Seller's Agent
Eddie White
Real Estate Solutions of Tennessee, LLC
Buyer's Agent
Michael Cadle
Benchmark Realty, LLC
List Price
$219,900
Sold Price
$285,000
Premium/Discount to List
$65,100
29.6%
Current Estimated Value
$466,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,671
Avg. Annual Appreciation
7.98%
Original Mortgage
$213,750
Outstanding Balance
$186,403
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$305,143

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 9, 2018
Sold by
Floyd Joe and Floyd Mary A
Bought by
Barnyashev Miroslav
Seller's Agent
Eddie White
Real Estate Solutions of Tennessee, LLC
Buyer's Agent
Michael Cadle
Benchmark Realty, LLC
List Price
$219,900
Sold Price
$285,000
Premium/Discount to List
$65,100
29.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$186,403
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$305,143

Purchase Details

Closed on
Apr 24, 2009
Sold by
Floyd Joe and Floyd Mary A
Bought by
Floyd Joe and Floyd Mary A

Purchase Details

Closed on
Mar 4, 1999
Sold by
Melvin Weber Enterprises Inc
Bought by
Floyd Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 1997
Sold by
Josleyn Stephen R and Josleyn Phyllis E
Bought by
Melvin Weber Enterprises Inc
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
Tong Po Holdings Llc -- None Available
Barnyashev Miroslav $285,000 Foundation Title & Escrow
Floyd Joe -- None Available
Floyd Joe $89,000 --
Melvin Weber Enterprises Inc $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnyashev Miroslav $213,750
Previous Owner Floyd Joe $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $219,900 -22.8% $79 / Sq Ft
08/09/2018 08/09/18 Sold $285,000 0.0% $102 / Sq Ft
08/09/2018 08/09/18 Sold $285,000 0.0% $102 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $285,000 0.0% $102 / Sq Ft
06/18/2018 06/18/18 Off Market $285,000 -- --
06/15/2018 06/15/18 For Sale $285,000 -- $102 / 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 $5,001 $153,680 $24,000 $129,680
2023 $5,001 $153,680 $24,000 $129,680
2022 $5,001 $153,680 $24,000 $129,680
2021 $5,053 $153,680 $24,000 $129,680
2020 $3,775 $89,440 $8,000 $81,440
2019 $2,822 $89,440 $8,000 $81,440
2018 $1,764 $55,900 $5,000 $50,900
2017 $1,764 $55,900 $5,000 $50,900
2016 $1,667 $42,475 $4,000 $38,475
2015 $1,667 $42,475 $4,000 $38,475
2014 $1,667 $42,475 $4,000 $38,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1941536

Realtracs

APN: 051-08-0-221