NOT LISTED FOR SALE

603 E Madison Ave Athens, TN 37303

Estimated Value: $225,000 - $314,000

Studio
3 Baths
4,125 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $110,000 $27 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,538/month

14 Days on Market

Highlights

  • The property is located in a historic district
  • 1 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Athens City Middle School Rated A-
  • No HOA
  • Heating Available

About This Home

As of April 2018

From the court house, go East on Madison Ave towards Mayfields as you start up the hill turn left onto East Madison and properties are on the right.

Last Agent to Sell the Property

Shawn Matthews

Coldwell Banker Kinard Realty License #314204 Listed on: 01/29/2018

Coldwell Banker Kinard Realty

Last Buyer's Agent

Shawn Matthews

ERA Blue Key Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 90x140

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 4,125 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 057i E 034.00

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Ingleside Subdivision

Building Details

  • Gross Income $28,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 90x140
  • Subdivision Name: Ingleside
  • Directions: Notice to show. Maintenance required. 6 out of 7 units rented at the time of listing. Call Listing agent to show, 2 buildings on one parcel.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 4125.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Owner Pays:Sewer2: Yes
  • Location Tax and Legal Parcel Number2: 057i E 034.00
  • Location Tax and Legal Elementary School: Ingleside Elementary
  • Location Tax and Legal High School: McMinn County
  • Location Tax and Legal:Tax Annual Amount: 1384.31
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 90x140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Remarks and Miscellaneous Public Remarks2: From the court house, go East on Madison Ave towards Mayfields as you start up the hill turn left onto East Madison and properties are on the right.
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Athens Middle
  • General Property Information Stories2: 2
  • Cooling:Window Unit(s): Yes
  • General Property Information Number Of Units Total2: 7.0
  • Owner Pays:Water3: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Basement:Crawl Space: Yes
  • Community Features:Historic District: Yes
  • Community Features:None4: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Historic District, None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 057i E 034.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 28800.0

Tax Info

  • Tax Annual Amount: 1384.31

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
$268,245

Purchase Details

Closed on
May 9, 2008
Bought by
Indentured Servant Llc

Purchase Details

Closed on
Apr 29, 1999
Bought by
Martin Harold Dean and Martin Tamra Raye

Purchase Details

Closed on
Apr 20, 1992
Bought by
Mccosh Margaret A and Lemon Melanie D

Purchase Details

Closed on
Dec 21, 1988
Bought by
Lemons James R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Werner Steven L $240,000 None Listed On Document
Indentured Servant Llc $215,000 --
Martin Harold Dean $52,000 --
Mccosh Margaret A $25,000 --
Lemons James R $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $110,000 -8.3% $27 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $120,000 -- $29 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,732 $82,880 $0 $0
2024 $1,732 $82,880 $6,320 $76,560
2023 $1,732 $82,880 $6,320 $76,560
2022 $1,581 $54,640 $8,080 $46,560
2021 $1,581 $54,640 $8,080 $46,560
2020 $1,537 $54,600 $8,080 $46,520
2019 $1,537 $54,600 $8,080 $46,520
2018 $1,537 $54,600 $8,080 $46,520
2017 $1,384 $46,480 $8,480 $38,000
2016 $1,384 $46,480 $8,480 $38,000
2015 -- $46,480 $8,480 $38,000
2014 $1,277 $46,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shawn Matthews

    Coldwell Banker Kinard Realty

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1275584

Greater Chattanooga REALTORS®

APN: 057I-E-034.00

Tennessee Mcminn County Athens 37303

603 E Madison Ave, Athens, TN

Not Listed for Sale

MultiFamily

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