NOT LISTED FOR SALE

601 E Madison Ave Athens, TN 37303

Estimated Value: $190,000 - $399,000

Studio
5 Baths
2,716 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $48,000 $18 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $1,323/month

92 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Athens City Middle School Rated A-

About This Home

As of April 2018

4 plex in Historic Area. 4- 1 bedroom apartments. Rear off-street parking, seperate meters, owner provides water/Sewer. Sold in As Is condition with inspections. Building next door available (7 units)

Last Agent to Sell the Property

Shawn Matthews

Coldwell Banker Commercial Kinard Realty Brokerage Phone: 4232843233 License #314204 Listed on: 01/22/2018

Coldwell Banker Commercial Kinard Realty

Last Buyer's Agent

Shawn Matthews

Coldwell Banker Commercial Kinard Realty Brokerage Phone: 4232843233 License #314204 Listed on: 01/22/2018

Coldwell Banker Commercial Kinard Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $353

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x140

Interior Spaces

  • 2,716 Sq Ft Home
  • Property has 3 Levels

Schools

  • Ingleside Elementary School
  • Athens City Middle School
  • Mcminn County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 057I E 03500 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$353

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 2716
  • Living Area Units: Square Feet

Exterior Features

  • 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: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 60x140
  • Lot Size Units: Acres
  • Parcel #: 057I E 03500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 353

MLS Schools

  • Elementary School: Ingleside Elementary
  • High School: McMinn County High School
  • Middle Or Junior School: Athens City Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Huskins Terry L and Huskins Lisa A
Bought by
Werner Steven L
Current Estimated Value
$247,950

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 24, 2018
Sold by
Kohlhorst Michelle
Bought by
Huskins Terry L and Huskins Lisa
Seller's Agent
Shawn Matthews
Coldwell Banker Commercial Kinard Realty
Buyer's Agent
Shawn Matthews
Coldwell Banker Commercial Kinard Realty
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%
Original Mortgage
$126,400
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2013
Sold by
Elliott Cherye
Bought by
Elliott Family Trust

Purchase Details

Closed on
Oct 30, 2009
Sold by
Indentured Servent
Bought by
Elliott Tim

Purchase Details

Closed on
May 9, 2008
Sold by
Martin Harold D
Bought by
Indentured Servant Llc

Purchase Details

Closed on
Aug 28, 2001
Sold by
Jones Gussie Mae
Bought by
Martin Harold D

Purchase Details

Closed on
Jan 2, 1900
Bought by
Jones Gussie Mae Etvir John I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Werner Steven L $240,000 None Listed On Document
Huskins Terry L $158,000 --
Elliott Family Trust -- --
Elliott Tim -- --
Indentured Servant Llc $215,000 --
Martin Harold D $35,000 --
Jones Gussie Mae Etvir John I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huskins Terry L $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $48,000 -4.0% $18 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $50,000 -- $18 / 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 $408 $19,500 $0 $0
2024 $408 $19,500 $2,975 $16,525
2023 $408 $19,500 $2,975 $16,525
2022 $402 $13,875 $3,825 $10,050
2021 $402 $13,875 $3,825 $10,050
2020 $391 $13,875 $3,825 $10,050
2019 $391 $13,875 $3,825 $10,050
2018 $391 $13,875 $3,825 $10,050
2017 $352 $11,850 $3,525 $8,325
2016 $352 $11,850 $3,525 $8,325
2015 -- $11,850 $3,525 $8,325
2014 $326 $11,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2518946

Realtracs

APN: 057I-E-035.00