505 N Graycroft Ave Madison, TN 37115
4
Beds
2
Baths
2,441
Sq Ft
1.03
Acres
Highlights
- City View
- 1 Fireplace
- Porch
- 1.03 Acre Lot
- No HOA
- 2 Car Attached Garage
About This Home
As of March 2025An investment opportunity awaits you. This large ranch style home on a one acre lot has potential with nice size rooms and plenty of closets. New shower installed in one of the two bathrooms. Hardwood flooring throughout and a charming wood burning fireplace. 2 car attached garage and a concrete driveway offers additional parking space. Selling as-is, seller will not make any repairs.
Last Agent to Sell the Property
Benchmark Realty, LLC Brokerage Phone: 6156193696 License # 353554 Listed on: 02/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,805
Year Built
- Built in 1960
Lot Details
- 1.03 Acre Lot
- Lot Dimensions are 371 x 433
- Back Yard Fenced
- Sloped Lot
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,441 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- City Views
- Crawl Space
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Porch
Schools
- Stratton Elementary School
- Madison Middle School
- Hunters Lane Comp High School
Utilities
- Cooling Available
- Central Heating
Community Details
- No Home Owners Association
- Morningview Subdivision
Listing and Financial Details
- Assessor Parcel Number 04211000700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Mar 21, 2025
Sold by
Myers Courtney
Bought by
Spartan Properties Llc
Seller's Agent
Tammy Barnett
Benchmark Realty, LLC
Buyer's Agent
Melissa Milam
eXp Realty
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
300.51%
Original Mortgage
$395,500
Outstanding Balance
$332,365
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$154,316
Purchase Details
Closed on
Jul 16, 2004
Sold by
Smithson Josh B
Bought by
Armstrong Joan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 29, 2003
Sold by
Byrum Claude and Byrum Lisa E
Bought by
Smithson Josh B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Balloon
Purchase Details
Closed on
May 28, 2002
Sold by
Irwin Ruth P
Bought by
Byrum Claude and Byrum Lisa E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
Purchase Details
Closed on
Oct 8, 1998
Sold by
Irwin Ruth P
Bought by
State Of Tennessee
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Momentum Title | |
| Warranty Deed | $185,000 | First Volunteer Title Of Ten | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $16,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $395,500 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $20,000 | No Value Available | |
| Previous Owner | $185,000 | Unknown | |
| Previous Owner | $140,000 | Balloon | |
| Previous Owner | $120,000 | No Value Available | |
| Closed | $17,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | Price Changed | $590,000 | -1.7% | $242 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $599,999 | 0.0% | $246 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $600,000 | -0.8% | $246 / Sq Ft |
| 06/08/2025 06/08/25 | Price Changed | $605,000 | -0.5% | $248 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $608,000 | -0.2% | $249 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $609,000 | +84.5% | $249 / Sq Ft |
| 03/21/2025 03/21/25 | Sold | $330,000 | -5.4% | $135 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $349,000 | -- | $143 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,805 | $86,200 | $21,250 | $64,950 |
| 2023 | $2,805 | $86,200 | $21,250 | $64,950 |
| 2022 | $2,805 | $86,200 | $21,250 | $64,950 |
| 2021 | $2,834 | $86,200 | $21,250 | $64,950 |
| 2020 | $2,335 | $55,325 | $21,250 | $34,075 |
| 2019 | $1,746 | $55,325 | $21,250 | $34,075 |
| 2018 | $1,746 | $55,325 | $21,250 | $34,075 |
| 2017 | $1,746 | $55,325 | $21,250 | $34,075 |
| 2016 | $1,781 | $45,400 | $8,750 | $36,650 |
| 2015 | $1,781 | $45,400 | $8,750 | $36,650 |
| 2014 | $1,781 | $45,400 | $8,750 | $36,650 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Milam
M
Seller's Agent in 2025
Melissa Milam
eXp Realty
(615) 496-4346
1 in this area
16 Total Sales
-
Tammy Barnett
Seller's Agent in 2025
Tammy Barnett
Benchmark Realty, LLC
(615) 619-3696
1 in this area
7 Total Sales
Map
Source: Realtracs
MLS Number: 2791291
APN: 042-11-0-007
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