NOT LISTED FOR SALE

232 Madison Ave E Grand Junction, TN 38039

Estimated Value: $244,000 - $317,000

5 Beds
3 Baths
2,200-2,399 Sq Ft
$111/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $250,000 $104 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,660/month

374 Days on Market

Highlights

  • Detached Guest House
  • Traditional Architecture
  • Separate Formal Living Room
  • Deck
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2024

TWO beautiful homes on approximately 1.5 acres in Grand Junction for the price of one! Live in one and rent out the other or enjoy both! Main home on corner lot, has 2 porches, gas range in kitchen, huge soaker tub, and large den on the back. New roof, water heater and HVAC in very recent years. Guest house is all electric built in 2006 and has 3 bed/1 bath, a nice front porch and large pantry! Call your favorite agent to see it today! Motivated seller!!!

Last Agent to Sell the Property

Carrie Stewart

Regency Realty, LLC License #344315 Listed on: 09/05/2023

Last Buyer's Agent

Robert Halliburton

Tiger Realty License #354785

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 175x125
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,256 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 165D E 027.00,165D E 028.00

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2256
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Other Rooms: Laundry Room, Separate Guest House
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Deck
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner
  • Acreage: 1.25
  • Lot Size: 175X125
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 165D E 027.00,165D E 028.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 13, 2024
Sold by
Rice Angela Lorene
Bought by
Ferguson Tyler Lee and Ferguson Olivia
Seller's Agent
Carrie Stewart
Regency Realty, LLC
Buyer's Agent
Robert Halliburton
Tiger Realty
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Views
784
Current Estimated Value
$266,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,688
Avg. Annual Appreciation
5.10%
Original Mortgage
$245,471
Outstanding Balance
$242,390
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$24,298

Purchase Details

Closed on
Jul 13, 2022
Sold by
Ray Rice Michael
Bought by
Rice Angela Lorene

Purchase Details

Closed on
Nov 3, 1986
Bought by
Jenkins Jenkins J and Jenkins Cloyce

Purchase Details

Closed on
Jan 3, 1900

Purchase Details

Closed on
Jan 2, 1900
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferguson Tyler Lee $250,000 None Listed On Document
Rice Angela Lorene -- None Listed On Document
Jenkins Jenkins J -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Tyler Lee $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $250,000 -2.0% $114 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $255,000 -7.3% $116 / Sq Ft
05/30/2024 05/30/24 Price Changed $275,000 -1.8% $125 / Sq Ft
05/09/2024 05/09/24 Price Changed $279,900 -3.4% $127 / Sq Ft
04/12/2024 04/12/24 Price Changed $289,900 -3.3% $132 / Sq Ft
09/05/2023 09/05/23 For Sale $299,900 -- $136 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 -- $49,125 $0 $0
2024 -- $49,125 $1,450 $47,675
2023 $997 $49,125 $1,450 $47,675
2022 $949 $32,975 $1,450 $31,525
2021 $1,057 $32,975 $1,450 $31,525
2020 $1,304 $32,975 $1,450 $31,525
2019 $1,304 $32,975 $1,450 $31,525
2018 $1,304 $32,975 $1,450 $31,525
2017 $1,258 $31,575 $1,450 $30,125
2016 $1,258 $31,575 $1,450 $30,125
2015 $1,042 $31,575 $1,450 $30,125
2014 $1,042 $31,575 $1,450 $30,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10163327

Memphis Area Association of REALTORS®

APN: 165D-E-027.00