NOT LISTED FOR SALE

Estimated Value: $282,000 - $333,000

2 Beds
2 Baths
1,781 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $162,900 $91 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,865/month

6 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • Property has 1 Level
  • Cooling Available

About This Home

As of October 2019

Excellent investment opportunity! This duplex needs cosmetic updating as well as some deferred maintenance repairs. Thankfully, both units are vacant for easy rehabbing & starting fresh with market rents! It is located in a quiet area of Madison and will make a great buy and hold as Madison values continue to climb!

Last Agent to Sell the Property

Kelsie Kinsley

Vibe Realty License #329325 Listed on: 09/27/2019

Last Buyer's Agent

Eva Smith

Benchmark Realty, LLC License #334215

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1945

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60 x 200

Home Design

  • Frame Construction

Interior Spaces

  • 1,781 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for electricity
  • Assessor Parcel Number 05205007300

Community Details

Overview

  • 2 Units
  • Power & Roth Madison Park Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile, Vinyl
  • Above Grade Finished Sq Ft: 1781
  • Building Area Units: Square Feet
  • Living Area: 1781
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame
  • 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 Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Rs7.5
  • Lot Size Acres: 0.28
  • Lot Size: 60 X 200
  • Lot Size Units: Acres
  • Parcel #: 05205007300
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1

Tax Info

  • Tax Annual Amount: 1319

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 9, 2019
Sold by
Dean Amanda
Bought by
Jln Llc
Seller's Agent
Kelsie Kinsley
Vibe Realty
Buyer's Agent
Eva Smith
Benchmark Realty, LLC
List Price
$159,900
Sold Price
$162,900
Premium/Discount to List
$3,000
1.88%
Current Estimated Value
$308,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,225
Avg. Annual Appreciation
13.59%

Purchase Details

Listed on
Sep 27, 2019
Closed on
Aug 17, 2019
Sold by
Larson Monna Deborah
Bought by
Terry Josh and 428 Emmitt Ave Trust
Seller's Agent
Kelsie Kinsley
Vibe Realty
Buyer's Agent
Eva Smith
Benchmark Realty, LLC
List Price
$159,900
Sold Price
$162,900
Premium/Discount to List
$3,000
1.88%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Jelinek Douglas L
Bought by
Larson Monna Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,424
Interest Rate
3.87%
Mortgage Type
FHA
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
Jln Llc $162,900 Tennessee Title Services Llc
Terry Josh $160,000 Tennessee Title Services Llc
Larson Monna Deborah $87,000 Greater Nashville Title & Cl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Monna $3,457
Previous Owner Larson Monna Deborah $85,424
Previous Owner Jelinek Douglas L $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $162,900 +1.9% $91 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $159,900 -- $90 / 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 $2,857 $87,800 $24,000 $63,800
2023 $2,857 $87,800 $24,000 $63,800
2022 $2,079 $87,800 $24,000 $63,800
2021 $2,887 $87,800 $24,000 $63,800
2020 $1,764 $41,800 $8,000 $33,800
2019 $1,319 $41,800 $8,000 $33,800
2018 $1,319 $41,800 $8,000 $33,800
2017 $1,319 $41,800 $8,000 $33,800
2016 $1,237 $31,520 $6,400 $25,120
2015 $1,237 $31,520 $6,400 $25,120
2014 $1,237 $31,520 $6,400 $25,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2085561

Realtracs

APN: 052-05-0-073