NOT LISTED FOR SALE

329 Scalf Dr Madison, TN 37115

Estimated Value: $358,000 - $388,000

6 Beds
2 Baths
1,819 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $190,000 $104 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,367/month

Highlights

  • Cooling Available
  • Carpet
  • Property has 1 Level
  • Central Heating

About This Home

As of January 2018

Excellent rental area; close to police station;DO NOT DISTURB TENANTS;no sign in yard; Complete renovation of these units;new everything in 2015;new deck/porch;new appliances; flooring. Call Agent for information

Last Agent to Sell the Property

LaSandra Wall

Accelerate Realty Group License # 301371 Listed on: 12/04/2017

Last Buyer's Agent

Dee Russell

Partners Real Estate, LLC License #265614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 69 x 175

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,819 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,775
  • Assessor Parcel Number 04306034900

Community Details

Overview

  • 2 Units
  • Scalf Drive Subdivision

Building Details

  • Operating Expense $1,000
  • Gross Income $21,300
  • Net Operating Income $20,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,501

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1819
  • Building Area Units: Square Feet
  • Living Area: 1819
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • 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: Parking Lot
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.28
  • Lot Size: 69 X 175
  • Lot Size Units: Acres
  • Parcel #: 04306034900
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 21300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 20300
  • Number Of Units Total: 2
  • Annual Operating Expense: 1000
  • Total Actual Rent: 1775

Tax Info

  • Tax Annual Amount: 1501

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
Dec 4, 2017
Closed on
Jan 5, 2018
Sold by
Freedom Propeerrty
Bought by
Harwell William Raleigh and Harwell Amy Wood
Seller's Agent
LaSandra Wall
Accelerate Realty Group
Buyer's Agent
Dee Russell
Partners Real Estate, LLC
List Price
$1,390
Sold Price
$190,000
Premium/Discount to List
$188,610
13569.06%
Current Estimated Value
$375,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,379
Avg. Annual Appreciation
9.84%
Original Mortgage
$142,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2014
Closed on
Mar 27, 2015
Sold by
Regions Bank
Bought by
Freedom Properties Llc
Seller's Agent
Frank Skaggs
Parks Compass
Buyer's Agent
LaSandra Wall
Accelerate Realty Group
List Price
$144,900
Sold Price
$67,000
Premium/Discount to List
-$77,900
-53.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.29%
Original Mortgage
$105,600
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 19, 2014
Sold by
Maugeri Jeffrey E and Maugeri Cynthia Sue
Bought by
Regions Bank

Purchase Details

Closed on
Sep 4, 1998
Sold by
Humphrey James E
Bought by
Maugeri Jeffrey E and Maugeri Cynthia Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.96%
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
Harwell William Raleigh $190,000 Stewart Title Co
Freedom Properties Llc $67,000 Bell & Alexander Title Svcs
Regions Bank $67,894 None Available
Maugeri Jeffrey E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harwell William Raleigh $144,500
Closed Harwell William Raleigh $142,500
Previous Owner Freedom Properties Llc $105,600
Previous Owner Maugeri Jeffrey E $75,000
Previous Owner Maugeri Jeffrey E $75,000
Previous Owner Maugeri Jeffrey E $64,580
Previous Owner Maugeri Jeffrey E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Off Market $190,000 -- --
06/08/2020 06/08/20 For Sale $1,390 -99.3% $1 / Sq Ft
01/10/2018 01/10/18 Sold $190,000 +31.1% $104 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $144,900 +116.3% $80 / Sq Ft
03/30/2015 03/30/15 Sold $67,000 -- $37 / 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 $3,859 $118,600 $20,000 $98,600
2023 $3,859 $118,600 $20,000 $98,600
2022 $3,859 $118,600 $20,000 $98,600
2021 $3,900 $118,600 $20,000 $98,600
2020 $2,679 $63,480 $14,520 $48,960
2019 $2,003 $63,480 $14,520 $48,960
2018 $2,003 $63,480 $14,520 $48,960
2017 $2,003 $63,480 $14,520 $48,960
2016 $1,501 $38,240 $6,800 $31,440
2015 $1,501 $38,240 $6,800 $31,440
2014 -- $38,240 $6,800 $31,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1885205

Realtracs

APN: 043-06-0-349