NOT LISTED FOR SALE

515 Freda Villa Madison, TN 37115

Estimated Value: $452,639 - $585,000

4 Beds
3 Baths
2,724 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $485,000 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,853/month

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating
  • Cooling Available

About This Home

As of July 2023

Tenants on one side are out and property is ready to show! PHOTOS are of the 3 bedroom side. Great Duplex only 6 miles from downtown Nashville! Live in one side and lease out the other or airbnb it! Located on 3/4 an acre with a great fenced in back yard! Wonderful investment opportunity! Please do not disturb tenants. Listing Agent for photos of other side.

Last Agent to Sell the Property

Cayla Cook

Onward Real Estate Brokerage Phone: 6156189499 License #332625 Listed on: 06/30/2023

Onward Real Estate

Last Buyer's Agent

Ethan Flynn

Benchmark Realty, LLC License #356949

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 120 x 219

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,724 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Chadwell Elementary School
  • Jere Baxter Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,100
  • Assessor Parcel Number 05111008500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Oakland Acres Subdivision

Building Details

  • Gross Income $3,100
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,401

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6156189499
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 2724
  • Building Area Units: Square Feet
  • Living Area: 2724
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: duplex
  • Lot Size: 120 X 219
  • Lot Size Units: Acres
  • Parcel #: 05111008500
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 3100
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 3100
  • Number Of Units Total: 2
  • Total Actual Rent: 3100

Tax Info

  • Tax Annual Amount: 3401

MLS Schools

  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Jere Baxter Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 28, 2023
Sold by
Perry Jonathan L and Perry Amber N
Bought by
Mcwilliams Jonathan D
Seller's Agent
Cayla Cook
Onward Real Estate
Buyer's Agent
Ethan Flynn
Benchmark Realty, LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
132
Current Estimated Value
$494,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,910
Avg. Annual Appreciation
3.11%
Original Mortgage
$415,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Music City Holdings Llc
Bought by
Perry Jonathan L and Perry Amber N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 14, 2017
Sold by
Sayed Matoufa Lila
Bought by
Sayed Azizuddin

Purchase Details

Closed on
May 16, 2002
Sold by
Mitchell William R and Mitchell Betty
Bought by
Sayed Azizuddin and Sayed Matoufa Lila
Source: Public Records

Range of Values:

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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
Mcwilliams Jonathan D $485,000 Rudy Title
Perry Jonathan L $325,500 Concord Title
Music City Holdings Llc $280,000 Rudy Title And Escrow Llc
Sayed Azizuddin -- Nashville Title Ins Corp
Sayed Azizuddin $145,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcwilliams Jonathan $413,250
Closed Mcwilliams Jonathan D $415,000
Previous Owner Perry Jonathan Louis $420,000
Previous Owner Perry Jonathan Louis $270,632
Previous Owner Perry Amber N $273,750
Previous Owner Perry Jonathan L $309,000
Previous Owner Sayed Azizuddin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $485,000 -2.8% $178 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $499,000 -- $183 / 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 $2,126 $65,325 $20,000 $45,325
2023 $3,401 $104,520 $32,000 $72,520
2022 $3,401 $104,520 $32,000 $72,520
2021 $3,437 $104,520 $32,000 $72,520
2020 $4,074 $96,520 $30,400 $66,120
2019 $3,045 $96,520 $30,400 $66,120
2018 $0 $96,520 $30,400 $66,120
2017 $3,045 $96,520 $30,400 $66,120
2016 $2,610 $66,520 $14,000 $52,520
2015 $2,610 $66,520 $14,000 $52,520
2014 $2,610 $66,520 $14,000 $52,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2542828

Realtracs

APN: 051-11-0-085