NOT LISTED FOR SALE

508 Colony Trace Ct Madison, TN 37115

Estimated Value: $246,000 - $267,125

3 Beds
2.5 Baths
1,472 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $270,000 $183 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,782/month

15 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Cooling Available
  • Contemporary Architecture
  • Community Pool
  • Patio

About This Home

As of March 2023

RENOVATED! 2 CAR CARPORT! PRIVATE OUTDOOR SPACE!Only 10 mi from Nashville with easy access to I65 or Ellington Pkwy. This 3 BR condo has everything you could want. Eat-in kitchen and living spaces on the main level with BRs upstairs. New laminate flooring, carpet, paint, tile,hot water heater and all new appliances! Great private patio space provides additional outdoor living area. Attached carport for 2 cars. Lots of storage including large storage room off patio!

Last Agent to Sell the Property

Lisa Swint

Compass License #265007 Listed on: 01/24/2023

Compass

Last Buyer's Agent

Lance Davis

JPAR Music City License #331090

JPAR Music City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1985

Lot Details

  • 871 Sq Ft Lot
  • Privacy Fence

HOA Fees

  • $255 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,472 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 042110B09700CO

Community Details

Overview

  • Association fees include exterior maintenance, ground maintenance, trash, water
  • Heritage Village Condomimi Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,364

Year Built

Built in 1985

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1472
  • Building Area Units: Square Feet
  • Living Area: 1472
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Fencing: Privacy
  • Patio And Porch Features: Patio
  • 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
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Trash, Water
  • Association Fee: 255
  • 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: 0.02
  • Lot Size Units: Acres
  • Parcel #: 042110B09700CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1364

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
Jan 24, 2023
Closed on
Mar 9, 2023
Sold by
Bagwell Kenneth Dale
Bought by
Westmoreland Kelly Dewayne
Seller's Agent
Lisa Swint
Compass
Buyer's Agent
Lance Davis
JPAR Music City
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Views
147
Current Estimated Value
$259,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,469
Avg. Annual Appreciation
-1.57%
Original Mortgage
$229,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 13, 2023
Sold by
Bagwell Kenneth Dale
Bought by
Bagwell Kenneth Dale
Seller's Agent
Lisa Swint
Compass
Buyer's Agent
Lance Davis
JPAR Music City
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Westmoreland Kelly Dewayne $270,000 Freedom Title
Bagwell Kenneth Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westmoreland Kelly Dewayne $229,500
Previous Owner Bagwell Vicki S $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $270,000 -1.5% $183 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/07/2023 02/07/23 Price Changed $274,000 -1.8% $186 / Sq Ft
01/24/2023 01/24/23 For Sale $279,000 -- $190 / 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 $1,350 $41,475 $8,000 $33,475
2023 $1,350 $41,475 $8,000 $33,475
2022 $1,571 $41,475 $8,000 $33,475
2021 $1,364 $41,475 $8,000 $33,475
2020 $1,325 $31,400 $6,000 $25,400
2019 $991 $31,400 $6,000 $25,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2481297

Realtracs

APN: 042-11-0B-097-00