NOT LISTED FOR SALE

Estimated Value: $289,000 - $323,000

2 Beds
1 Bath
1,120 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $280,000 $250 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,786/month

2 Days on Market

About This Home

As of November 2021

This charming 2 bedroom home in Madison is fully renovated with new flooring, kitchen appliances, countertops, and updated bathroom. It sits on a large corner lot. The metal roof is only 2yrs old. It features an additional bonus room that could be used as an office, studio, playroom, or additional living space. It also features a separate laundry room off of the primary bedroom. Fenced in back yard with plenty of off street parking.

Last Agent to Sell the Property

Susanne Flynn

Flynn Realty License #303511 Listed on: 10/26/2021

Last Buyer's Agent

Sarah Kidd

RE/MAX 1ST Choice License #360412

RE/MAX  1ST Choice

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1120
  • Carport Y N: No
  • Directions: From Briley Pkwy take exit 14A towards Neelys Bend Rd. Take a right on Neelys Bend Rd and continue to Lanier Dr on Left.
  • Garage Yn: No
  • Lot Size: 60 X 150
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Subdivision Name: Rainbow Terrace
  • Year Built Details: RENOV
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Metal
  • Construction Type: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Lot Features: Level
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 1, 2021
Sold by
Otter Buy Rei Llc
Bought by
Berner Lauryn Christine
Seller's Agent
Susanne Flynn
Flynn Realty
Buyer's Agent
Sarah Kidd
RE/MAX 1ST Choice
List Price
$265,000
Sold Price
$280,000
Premium/Discount to List
$15,000
5.66%
Current Estimated Value
$308,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,328
Avg. Annual Appreciation
1.90%
Original Mortgage
$271,600
Outstanding Balance
$252,290
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$48,382

Purchase Details

Closed on
Aug 1, 2021
Sold by
Presley Ronnie H and Presley Angela J
Bought by
Otter Buy Rei Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1997
Sold by
Charles Herbert L
Bought by
Presley Ronnie and Presley Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1994
Sold by
Crawford J C Ex Est Crawford Dexter
Bought by
Charles Herbert L
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
Berner Lauryn Christine $280,000 None Available
Otter Buy Rei Llc $170,000 Hywater Title
Presley Ronnie $48,000 --
Presley Ronnie H $48,000 --
Charles Herbert L $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berner Lauryn Christine $271,600
Previous Owner Otter Buy Rei Llc $150,000
Previous Owner Presley Ronnie H $87,500
Previous Owner Presley Ronnie H $80,373
Previous Owner Presley Ronnie H $48,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $280,000 +5.7% $250 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $265,000 -- $237 / 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 $1,430 $43,950 $12,500 $31,450
2023 $1,430 $43,950 $12,500 $31,450
2022 $1,430 $43,950 $12,500 $31,450
2021 $1,445 $43,950 $12,500 $31,450
2020 $1,173 $27,800 $5,000 $22,800
2019 $877 $27,800 $5,000 $22,800
2018 $877 $27,800 $5,000 $22,800
2017 $877 $27,800 $5,000 $22,800
2016 $782 $19,925 $4,000 $15,925
2015 $782 $19,925 $4,000 $15,925
2014 $782 $19,925 $4,000 $15,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2303124

Realtracs

APN: 052-02-0-088