NOT LISTED FOR SALE

505 Colony Trace Ct Unit 505 Madison, TN 37115

Estimated Value: $214,536 - $224,000

2 Beds
1.5 Baths
1,152 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $192,000 $167 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,546/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Carpet
  • 1 Fireplace
  • Level Lot
  • Heating Available

About This Home

As of September 2021

Don't miss out on this townhouse condo located in Heritage Village, featuring replacement windows/2020, private covered patio, spacious attached carport, appliances. New laminate & carpet 2019. Monthly fee includes water, sewer, lawn care, pool, club house & exterior maint.. Mirrors over fireplace and in half bath remain. Only mins. to downtown Nashville.

Last Agent to Sell the Property

Deborah (Debbie) Boling

Ramsay Realty License #306287 Listed on: 08/18/2021

Co-Listed By

Rebecca Ramsay

Ramsay Realty License # 209077

Last Buyer's Agent

Whitney Love

United Real Estate Middle Tennessee License #359425

United Real Estate Middle Tennessee

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1985

Lot Details

  • 436 Sq Ft Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Unassigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Association fees include exterior maintenance, ground maintenance, recreation facilities, sewer
  • Heritage Village Condomimi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042110B09200CO

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,082

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wood Burning Fireplace
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1152
  • Building Area Units: Square Feet
  • Living Area: 1152
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Attached, Unassigned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Recreation Facilities, Sewer
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 042110B09200CO
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1082

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
Aug 18, 2021
Closed on
Sep 23, 2021
Sold by
Cloud Virginia S
Bought by
Budziszewski Lynn D
Seller's Agent
Deborah (Debbie) Boling
Ramsay Realty
Buyer's Agent
Whitney Love
United Real Estate Middle Tennessee
List Price
$192,000
Sold Price
$192,000
Current Estimated Value
$219,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,384
Avg. Annual Appreciation
3.46%
Original Mortgage
$87,600
Outstanding Balance
$80,056
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,328

Purchase Details

Closed on
May 18, 2007
Sold by
Va
Bought by
Cloud Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2006
Sold by
Frizzell Billy M
Bought by
Va

Purchase Details

Closed on
Oct 8, 2002
Sold by
Frizzell Billy M
Bought by
Frizzell Billy M and Frizzell Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,094
Interest Rate
6.18%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2000
Sold by
Finch Thomas W
Bought by
Frizzell Billy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,190
Interest Rate
8.24%
Mortgage Type
VA
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
Budziszewski Lynn D $192,000 Residential & Com Ttl Of Tn
Cloud Virginia S $83,500 Real Estate Loan Services Of
Va $70,504 None Available
Frizzell Billy M -- Amtitle & Escrow Llc
Frizzell Billy M $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budziszewski Lynn D $87,600
Previous Owner Colud Virginia S $69,335
Previous Owner Cloud Virginia S $83,500
Previous Owner Frizzell Billy M $77,094
Previous Owner Frizzell Billy M $75,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $192,000 0.0% $167 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $192,000 -- $167 / 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 $1,233 $37,900 $8,000 $29,900
2023 $1,233 $37,900 $8,000 $29,900
2022 $1,436 $37,900 $8,000 $29,900
2021 $1,246 $37,900 $8,000 $29,900
2020 $1,082 $25,625 $6,000 $19,625
2019 $808 $25,625 $6,000 $19,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2283321

Realtracs

APN: 042-11-0B-092-00