$320,000
SOLD SEP 4, 2025

518 Monroe St Madisonville, TN 37354

3 Beds
2 Baths
2,276 Sq Ft
0.84 Acres

Recently Sold

$141 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • 3 Fireplaces
  • Deck
  • Whirlpool Bathtub
  • Sun or Florida Room

About This Home

As of September 2025

Craftsman style 3/2 with separate Den & Dining room. Big back yard with almost an acre of land. Great Garden shed, back yard completely fenced with 5 foot black chain link, large workshop, 2 car carport. Largest bedroom is upstairs with private bathroom, walk in closet and private deck. Main level, 2 bedrooms, Den, Dining, living room, kitchen and large laundry/utility room.

Last Agent to Sell the Property

Will Raby

East Tennessee Properties, LLC License #341568 Listed on: 06/27/2025

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1912

Lot Details

  • 0.84 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Detached Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,276 Sq Ft Home
  • 3 Fireplaces
  • Gas Log Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Unfinished Basement
  • Crawl Space
  • Storm Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ralph S Depew Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056N B 022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Directions: From Sweetwater, Hwy 68, left on warren, left on Monroe St. Approx 1/2 mile on left.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1912
  • Lot Size Acres: 0.84
  • Subdivision Name: Ralph S Depew
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • Structure Type: 2 Story
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1696.0
  • General Property Description:SqFt - 2nd Flr Lvl: 690.0
  • General Property Description:_pound_ Fireplace: 3.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Outbuildings:Detached Workshop: Yes
  • Style:Craftsman: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Crawl Space, Slab, Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors - Storm
  • Fireplace Features: Brick, Gas Log
  • Fireplaces: 3
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Window - Energy Star
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Slab: Yes
  • Basement:Unfinished: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Balcony
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Brick
  • Other Structures: Workshop
  • Patio And Porch Features: Porch - Covered, Deck
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Window - Energy Star: Yes
  • Exterior Features:Doors - Storm: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 2.0
  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Main Level
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Parcel #: 056N B 022.00

Tax Info

  • Tax Annual Amount: 1491.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2025
Closed on
Sep 3, 2025
Sold by
Woods Virginia
Bought by
Todd Justin and Todd Jessica M
Seller's Agent
Will Raby
East Tennessee Properties, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.72%
Original Mortgage
$314,204
Outstanding Balance
$314,204
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$11,582

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 17, 2023
Sold by
Spalliero Jill
Bought by
Woods Virginia and Woods Ashley
Seller's Agent
Jill Spalliero
Best Realty of Chattanooga LLC
Buyer's Agent
Comps Non Member Licensee
COMPS ONLY
List Price
$314,000
Sold Price
$290,000
Premium/Discount to List
-$24,000
-7.64%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$284,747
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 22, 2021
Sold by
Barone Nancy H
Bought by
Spalliero Jill
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jul 9, 2001
Sold by
Houvenagle John
Bought by
Barone Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.23%

Purchase Details

Closed on
May 1, 2001
Bought by
Barone Nancy H

Purchase Details

Closed on
Oct 12, 1993
Sold by
Davis Linda G
Bought by
Davis Gregory

Purchase Details

Closed on
Sep 26, 1980
Bought by
Davis Thomas A and Davis Linda G

Purchase Details

Closed on
Mar 2, 1979

Purchase Details

Closed on
Jan 26, 1970
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 Type Sale Price Title Company
Warranty Deed $290,000 Skyway Title
Warranty Deed $240,000 None Available
Deed $120,000 --
Warranty Deed $120,000 --
Deed $65,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,747 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Sold $320,000 -3.0% $141 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $329,900 0.0% $145 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $329,900 +13.8% $145 / Sq Ft
11/17/2023 11/17/23 Sold $290,000 -3.0% $127 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $299,000 -4.8% $131 / Sq Ft
10/03/2023 10/03/23 For Sale $314,000 +30.8% $138 / Sq Ft
02/22/2021 02/22/21 Sold $240,000 -3.6% $142 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $249,000 +115.8% $147 / Sq Ft
09/10/2018 09/10/18 Sold $115,395 -- $96 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,492 $70,300 $7,900 $62,400
2023 $1,492 $70,300 $7,900 $62,400
2022 $933 $30,250 $5,150 $25,100
2021 $933 $30,250 $5,150 $25,100
2020 $933 $30,250 $5,150 $25,100
2019 $855 $30,250 $5,150 $25,100
2018 $981 $34,725 $5,725 $29,000
2017 $832 $27,675 $6,125 $21,550
2016 $832 $27,675 $6,125 $21,550
2015 $831 $27,675 $6,125 $21,550
2014 $732 $27,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1300956

East Tennessee REALTORS® MLS

APN: 056N-B-022.00