NOT LISTED FOR SALE

507 Colony Trace Ct Madison, TN 37115

Madison Neighborhood

Estimated Value: $211,607 - $236,000

2 Beds
1.5 Baths
1,152 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 27, 2023

Last sale price $220,000 $191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,579/month

14 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Covered Patio or Porch
  • Clubhouse
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of August 2023

Very well maintained One Owner townhouse. HVAC 2018 - Microwave 2019 - Stove and Refrigerator 2018 - New Bath Fitter tub 2012 Carport and covered patio allows direct access to the kitchen. Fireplace has never been used. Short commute to downtown Nashville. Google fiber optic available in community with possible free installation. No renting allowed. No showings on Tuesdays until after 12:30.

Last Agent to Sell the Property

Deborah (Debbie) Boling

Ramsay Realty Brokerage Phone: 6153909960 License #306287 Listed on: 07/09/2023

Co-Listed By

Rebecca Ramsay

Ramsay Realty Brokerage Phone: 6153909960 License # 209077

Last Buyer's Agent

DeWayne Baskette

Berkshire Hathaway HomeServices Woodmont Realty License #338977

Berkshire Hathaway HomeServices Woodmont Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1985

Lot Details

  • 436

HOA Fees

  • $270 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
  • Ceiling Fan
  • 1 Fireplace
  • Storage
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Additional Features

  • 436 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 042110B09300CO

Community Details

Overview

  • $250 One-Time Secondary Association Fee
  • Association fees include recreation facilities, sewer, trash
  • Heritage Village Condomimi Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,195

Year Built

Built in 1985

Lot Details

436 Sq Ft Lot

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 1985
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Walk-In Closet(s)
  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Vinyl
  • 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
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • 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
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Recreation Facilities, Sewer, Trash
  • Association Fee: 270
  • Association #2 Fee: 250
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 042110B09300CO
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1195

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 22, 2023
Sold by
Finch Candy G Le
Bought by
Baughman Lucas D and Baughman Josie
Seller's Agent
Deborah (Debbie) Boling
Ramsay Realty
Buyer's Agent
DeWayne Baskette
Berkshire Hathaway HomeServices Woodmont Realty
List Price
$247,500
Sold Price
$220,000
Premium/Discount to List
-$27,500
-11.11%
Views
85
Current Estimated Value
$227,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,402
Avg. Annual Appreciation
1.30%
Original Mortgage
$209,000
Outstanding Balance
$203,969
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$23,433
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baughman Lucas D $220,000 Residential Commercial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baughman Lucas D $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2023 08/27/23 Sold $220,000 -11.1% $191 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $247,500 -- $215 / Sq Ft
Source: Realtracs

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
2025 $1,498 $53,250 $11,000 $42,250
2024 $1,195 $36,725 $8,000 $28,725
2023 $1,195 $36,725 $8,000 $28,725
2022 $1,391 $36,725 $8,000 $28,725
2021 $1,208 $36,725 $8,000 $28,725
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

  • D

    Seller's Agent in 2023

    Deborah (Debbie) Boling

    Ramsay Realty

    (615) 390-9960

    4 in this area

    14 Total Sales

    Deborah (Debbie) Boling
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rebecca Ramsay

    Ramsay Realty

    (615) 868-9040

    3 in this area

    9 Total Sales

    Rebecca Ramsay
    Section Image

  • D

    Buyer's Agent in 2023

    DeWayne Baskette

    Berkshire Hathaway HomeServices Woodmont Realty

    (615) 403-9584

    1 in this area

    13 Total Sales

    DeWayne Baskette
    Section Image
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Map

Source: Realtracs

MLS Number: 2545834

Realtracs

APN: 042-11-0B-093-00

Tennessee Davidson County Nashville 37115 Madison

507 Colony Trace Ct, Nashville, TN

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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