NOT LISTED FOR SALE

Estimated Value: $288,000 - $317,546

2 Beds
1 Bath
1,046 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $220,000 $210 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,789/month

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • No HOA
  • Log Cabin
  • Ceiling Fan

About This Home

As of May 2019

VINTAGE LOG CABIN CONSTRUCTED IN 1950 IN HISTORIC MONTAGUE - ONE BLOCK FROM THE CUMBERLAND RIVER IN MADISON - JUST MINUTES TO BRILEY PARKWAY /OPRY MILLS AND EZ ACCESS TO ELLINGTON PARKWAY & I-65N. SITS ON LEVEL, .34 ACRE LOT WITH DETACHED GARAGE. FEATURES WRAP AROUND PORCH, STONE FIREPLACE (AS IS), ORIGINAL PINE FLOORS, BEAMED CEILINGS AND CENTRAL HVAC. HOUSE WAS OCCUPIED UNTIL 60 DAYS AGO. SELLER IF OK WITH HOME INSPECTION BUT IS SELLING "AS IS" .

Last Agent to Sell the Property

Andy Allen

Compass Brokerage Phone: 6153472112 License #204560 Listed on: 05/06/2019

Compass

Last Buyer's Agent

Robert Drimmer

Compass Tennessee, LLC License #321053

Compass Tennessee, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 82 x 188
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,046 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Montague Falls Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 05112009800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,207

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: None
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 1046
  • Building Area Units: Square Feet
  • Living Area: 1046
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log
  • Patio And Porch Features: Porch, Covered
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Laundry Features: Utility Connection
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size: 82 X 188
  • Lot Size Units: Acres
  • Parcel #: 05112009800
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1207
  • Tax Lot: 13

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
May 28, 2019
Sold by
Robison Gordon L
Bought by
Taylor Zachry
Seller's Agent
Andy Allen
Compass
Buyer's Agent
Robert Drimmer
Compass Tennessee, LLC
List Price
$189,900
Sold Price
$220,000
Premium/Discount to List
$30,100
15.85%
Current Estimated Value
$305,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,387
Avg. Annual Appreciation
5.06%
Original Mortgage
$209,000
Outstanding Balance
$182,612
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$122,775

Purchase Details

Closed on
Aug 21, 2013
Sold by
Melton John W and Melton Paula L
Bought by
Robison Gordon L

Purchase Details

Closed on
Mar 5, 2012
Sold by
Melton John W and Galloway Edward C
Bought by
Melton John W and Melton Paula L
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
Taylor Zachry $220,000 Bankers Title & Escrow Corp
Robison Gordon L $85,000 None Available
Melton John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Zachry $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $220,000 +15.9% $210 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $189,900 -- $182 / 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
2025 $2,303 $81,850 $25,875 $55,975
2024 $1,901 $58,425 $11,875 $46,550
2023 $1,901 $58,425 $11,875 $46,550
2022 $1,901 $58,425 $11,875 $46,550
2021 $1,921 $58,425 $11,875 $46,550
2020 $1,615 $38,250 $5,000 $33,250
2019 $1,207 $38,250 $5,000 $33,250
2018 $1,207 $38,250 $5,000 $33,250
2017 $1,207 $38,250 $5,000 $33,250
2016 $1,116 $28,450 $4,000 $24,450
2015 $1,116 $28,450 $4,000 $24,450
2014 $1,116 $28,450 $4,000 $24,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2037802

Realtracs

APN: 051-12-0-098