NOT LISTED FOR SALE

501 E Madison Ave Athens, TN 37303

Athens Area

Estimated Value: $305,000 - $396,000

4 Beds
3 Baths
3,708 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2019

Last sale price $308,000 $83 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,132 / mo

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • Athens City Middle School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of December 2019

You'll feel like you've stepped back in time! This beauty is located in the historic district of Athens. The 12' ceilings and exquisite woodwork is breathtaking! The main floor features 3 bedrooms, 2 baths and the main bath has recently been remodeled with a beautiful tile shower. Family room, separate formal dining room and a library area.The oversized kitchen has tons of cabinet space, granite countertops and stainless steel appliances. Upstairs has the master bedroom and bath, walk in closet and living room with a gas fireplace. There is a second home that has 2136 square feet and is great for a rental, guesthouse or just separate living quarters.It's just minutes to the college (TWU)! 3 bed, 2 ba. 2 living rooms, lots of tongue and groove woodwork. 1 car garage. It currently rents for $900 monthly. There is also a workshop/garage that has a half finished office with a half bath that is plumbed for a shower. This is a great opportunity to own a piece of Athens history!

Last Agent to Sell the Property

Sherry Condee

CENTURY 21 Legacy License #260021 Listed on: 08/05/2026

Last Buyer's Agent

Richard McAllister

Ellis Ledford Properties LLC License #348126

Ellis Ledford Properties LLC
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1900

Lot Details

  • 23,522 Sq Ft Lot
  • Lot Dimensions are 80x290
  • Level Lot

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Shingle Roof

Interior Spaces

  • 3,708 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Athens City Middle School
  • Mcminn County High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ingleside Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,960

Year Built

Built in 1900

Lot Details

0.54 Acres

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace Features: Gas
  • Flooring: Carpet, Laminate, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Building Area Units: Square Feet
  • Living Area: 3708.0
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.540
  • Lot Size: 80x290
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1960

MLS Schools

  • High School: McMinn County High School
  • Middle Or Junior School: Athens City Middle School

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Bought by
Current Estimated Value
$370,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,800
Outstanding Balance
$229,703
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$141,165

Purchase Details

Listed on
Aug 5, 2026
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Sherry Condee
CENTURY 21 Legacy
Buyer's Agent
Richard McAllister
Ellis Ledford Properties LLC
List Price
$329,900
Sold Price
$308,000
Premium/Discount to List
-$21,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$484,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1989
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- New Title Company Name
$308,000 --
$57,500 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $243,800
Previous Owner $484,500
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
08/05/2026 08/05/26 For Sale $329,900 +7.1% $89 / Sq Ft
12/13/2019 12/13/19 Sold $308,000 -- $83 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
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 $1,167 $55,825 $3,800 $52,025
2024 $1,167 $55,825 $3,800 $52,025
2023 $1,167 $55,825 $3,800 $52,025
2022 $1,065 $36,775 $4,875 $31,900
2021 $1,065 $36,775 $4,875 $31,900
2020 $1,035 $36,775 $4,875 $31,900
2019 $1,035 $36,775 $4,875 $31,900
2018 $1,035 $36,775 $4,875 $31,900
2017 $797 $26,750 $4,700 $22,050
2016 $797 $26,750 $4,700 $22,050
2015 -- $26,750 $4,700 $22,050
2014 $736 $26,762 $0 $0
Source: Public Records

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Map

Source: Realtracs

MLS Number: 3329280

Realtracs

APN: 057I-E-039.00

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