NOT LISTED FOR SALE

303 E Palestine Ave Madison, TN 37115

Heron Walk Neighborhood

Estimated Value: $336,592 - $384,000

8 Beds
4 Baths
1,534 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2012

Last sale price $90,000 $59 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $2,148 / mo

Highlights

  • Cooling Available
  • Baseboard Heating
  • Carpet

About This Home

As of November 2012

Great Investment Property, actually a quad, the sq. footage listed here is for 2 of the units combined. Total for the 4 units is 3068 sq. ft.

Last Agent to Sell the Property

Bonnie Brewer

Brokerage Phone: 6159723268 Listed on: 09/21/2012

Last Buyer's Agent

Bonnie Brewer

Brokerage Phone: 6159723268 Listed on: 09/21/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 43 x 148

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,300
  • Assessor Parcel Number 05205021500

Community Details

Overview

  • 4 Units
  • Montague Subdivision

Building Details

  • Operating Expense $1,600
  • Gross Income $27,600
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,618

Year Built

Built in 1984

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: APPLN
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 1534
  • Building Area Units: Square Feet
  • Living Area: 1534
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Res
  • Lot Size: 43 X 148
  • Lot Size Units: Acres
  • Parcel #: 05205021500
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 27600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 26000
  • Number Of Units Total: 4
  • Annual Operating Expense: 1600
  • Total Actual Rent: 2300

Tax Info

  • Tax Annual Amount: 1618

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2013
Sold by
Bought by
Current Estimated Value
$345,302

Purchase Details

Listed on
Sep 21, 2012
Closed on
Nov 9, 2012
Sold by
Bought by
Seller's Agent
Bonnie Brewer
Buyer's Agent
Bonnie Brewer
List Price
$289,900
Sold Price
$90,000
Premium/Discount to List
-$199,900
-68.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$90,000
Interest Rate
0.0342%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Homestead Title & Escrow Llc
$90,000 Homestead Title & Escrow Llc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $232,500
Closed $1,478,400
Closed $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $289,900 +222.1% $189 / Sq Ft
11/09/2012 11/09/12 Sold $90,000 -- $59 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,390 $120,480 $41,400 $79,080
2024 $2,769 $85,080 $19,000 $66,080
2023 $2,769 $85,080 $19,000 $66,080
2022 $2,769 $85,080 $19,000 $66,080
2021 $2,797 $85,080 $19,000 $66,080
2020 $2,092 $49,560 $8,000 $41,560
2019 $1,564 $49,560 $8,000 $41,560
2018 $1,564 $49,560 $8,000 $41,560
2017 $1,564 $49,560 $8,000 $41,560
2016 $1,562 $39,800 $6,400 $33,400
2015 $1,562 $39,800 $6,400 $33,400
2014 $1,562 $39,800 $6,400 $33,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bonnie Brewer

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Map

Source: Realtracs

MLS Number: 1395662

Realtracs

APN: 052-05-0-215

Tennessee Davidson County Nashville 37115 Heron Walk

303 E Palestine Ave, Nashville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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