NOT LISTED FOR SALE

411 E Old Hickory Blvd Madison, TN 37115

Madison Neighborhood
2 Beds
2 Baths
10,434 Sq Ft
35,284 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $835,000 $80 Per Sq Ft

4 Days on Market

Highlights

  • 0.81 Acre Lot
  • Central Heating and Cooling System
  • Property has 1 Level
  • No HOA
  • Carpet

About This Home

As of June 2020

Welcome to Madison Manor! This 17-unit complex all 1BR 1BA is a Great Investment Opportunity in Madison! All units are currently leased on a weekly basis! DO NOT DISTURB TENANTS. SHOWINGS CONTINGENT UPON AN ACCEPTED OFFER.

Last Agent to Sell the Property

Josh Anderson

The Anderson Group Real Estate Services, LLC Brokerage Phone: 6155097000 License # 304262 Listed on: 03/20/2020

Last Buyer's Agent

Angela Simpson

Keller Williams Realty Mt. Juliet License #352300

Keller Williams Realty Mt. Juliet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,256

Year Built

  • Built in 1958

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 100 x 271

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10,434 Sq Ft Home
  • Property has 1 Level
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $450
  • The owner pays for electricity, water
  • Assessor Parcel Number 04313001800

Community Details

Overview

  • No Home Owners Association
  • 17 Units
  • Madison Manor Subdivision

Building Details

  • Operating Expense $102,259
  • Gross Income $164,590
  • Net Operating Income $62,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,256

Year Built

Built in 1958

Lot Details

0.81 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1958
  • Inclusions: NEGOT
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Above Grade Finished Sq Ft: 10434
  • Building Area Units: Square Feet
  • Living Area: 10434
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • 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, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: CS
  • Lot Size Acres: 0.81
  • Lot Size: 100 X 271
  • Lot Size Units: Acres
  • Parcel #: 04313001800
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water

Multi Family

  • Gross Income: 164590
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 62331
  • Number Of Units Total: 17
  • Annual Operating Expense: 102259
  • Total Actual Rent: 450

Tax Info

  • Tax Annual Amount: 9256

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $835,000 -7.2% $80 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $900,000 -- $86 / Sq Ft
Source: Realtracs

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 $19,094 $678,520 $125,960 $552,560
2024 $14,889 $457,560 $71,960 $385,600
2023 $14,889 $457,560 $71,960 $385,600
2022 $11,225 $344,960 $71,960 $273,000
2021 $11,599 $352,760 $71,960 $280,800
2020 $12,383 $293,360 $63,520 $229,840
2019 $9,256 $293,360 $63,520 $229,840
2018 $0 $293,360 $63,520 $229,840
2017 $9,256 $293,360 $63,520 $229,840
2016 $7,958 $202,800 $52,920 $149,880
2015 $7,958 $202,800 $52,920 $149,880
2014 $7,958 $202,800 $52,920 $149,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2133616

Realtracs
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