NOT LISTED FOR SALE

403 Williams Ave Madison, TN 37115

Estimated Value: $348,000 - $378,000

4 Beds
4 Baths
1,920 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $285,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,351/month

About This Home

As of October 2021

INVESTMENT OPPORTUNITY. 1 building with 2 units. Each offering 2 bedrooms with 1.5 baths. Great rental potential, clean and ready to rent. Each separately metered. Currently vacant and easy to show. Selling As Is.

Last Agent to Sell the Property

Tina Wilkerson

Exit Realty Garden Gate Team License # 285440 Listed on: 09/21/2021

Exit Realty Garden Gate Team

Co-Listed By

Jeff Wilkerson

Exit Realty Garden Gate Team License # 279342, 344196

Last Buyer's Agent

Amir Roshan

Covenant Real Estate Services License #254065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,142

Year Built

1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • PropertyUnitTypes: {"UnitTypeActualRent":0,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2621585Group_1"}, {"UnitTypeActualRent":0,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2621585Group_2"}
  • Above Grade Finished Sq Ft: 1920
  • Carport Y N: No
  • Co List Office Mls Id: RTC3035
  • Co List Office Phone: 6153230707
  • Directions: From Gallatin Road turn turn on Williams Avenue, cross tracks, Left down long driveway, duplex on Right. From I-65 N Exit Madison to Left on Gray, Left on Walker Terrace, Right on Williams, duplex on Left.
  • Garage Yn: No
  • Inclusions: APPLN
  • Lot Size: 80 X 203
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Subdivision Name: Woodrose
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot
  • Attached Garage: No
  • Open Parking Spaces: 6
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: R10

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Oct 1, 2021
Sold by
Dan Connelly Construction Llc
Bought by
Pne Investment Llc
Seller's Agent
Tina Wilkerson
Exit Realty Garden Gate Team
Buyer's Agent
Amir Roshan
Covenant Real Estate Services
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$381,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,471
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 30, 2014
Sold by
Vanatta Thomas D and Vanatta Linda B
Bought by
Dan Connelly Construction Llc
Seller's Agent
Melissa Raymond
Synergy Realty Network, LLC
Buyer's Agent
Eddy Brown
List Price
$362,531
Sold Price
$122,000
Premium/Discount to List
-$240,531
-66.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Vanatta Thomas D
Bought by
Liv Thomas D and Vanatta Revocable Liv Liv B

Purchase Details

Closed on
Oct 11, 2001
Sold by
Beasley John C and Vanatta Thomas D
Bought by
Vanatta Thomas D and Vanatta Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.85%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Vanatta Barbara
Bought by
Vanatta Thomas

Purchase Details

Closed on
Jun 12, 1996
Sold by
Moreland Casey E
Bought by
Beasley John C
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pne Investment Llc $285,000 None Available
Dan Connelly Construction Llc $122,000 None Available
Vanatta Thomas D -- None Available
Liv Thomas D -- --
Vanatta Thomas D -- --
Vanatta Thomas -- --
Beasley John C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanatta Thomas D $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $285,000 +1.8% $148 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $279,900 -22.8% $146 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $362,531 +197.2% $189 / Sq Ft
10/30/2014 10/30/14 Sold $122,000 -- $64 / 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 $3,142 $96,560 $22,000 $74,560
2023 $3,142 $96,560 $22,000 $74,560
2022 $3,142 $96,560 $22,000 $74,560
2021 $3,175 $96,560 $22,000 $74,560
2020 $2,499 $59,200 $11,800 $47,400
2019 $1,868 $59,200 $11,800 $47,400
2018 $1,868 $59,200 $11,800 $47,400
2017 $1,868 $59,200 $11,800 $47,400
2016 $1,791 $45,640 $9,600 $36,040
2015 $1,791 $45,640 $9,600 $36,040
2014 $1,791 $45,640 $9,600 $36,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2292918

Realtracs

APN: 042-12-0-084