NOT LISTED FOR SALE

411 E Old Hickory Blvd Madison, TN 37115

Madison Neighborhood
2 Beds
2 Baths
10,434 Sq Ft
0.81 Acres Lot

Sale Details

Date 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

  • 35,284 Sq Ft 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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2133616

Realtracs
Your Personal Tour Guide

Ask me questions while you tour the home.