NOT LISTED FOR SALE

616 E Madison Ave Athens, TN 37303

Estimated Value: $578,541 - $653,000

5 Beds
3 Baths
3,340 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $510,000 $153 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,479/month

39 Days on Market

Highlights

  • Wood Flooring
  • 6 Fireplaces
  • Central Heating and Cooling System
  • Westside Elementary School Rated A-
  • Enclosed Patio or Porch
  • Historic Home

About This Home

As of September 2022

Historic living in Athens City! Take a step back in time with the character and charm of this 1920s home while also enjoying the updated amenities. The beauty and detail of this home need to be seen in person! Wanting to stay true to some of the home's original features, the owner's employed the assistance of a local interior designer to recreate what the foyer, dining room and parlor/living room would have looked like when built. Beautiful hardwood floors are throughout this 5 bedroom 3 bathroom home, with almost every room featuring its own fireplace mantle. The kitchen, updated in 2007, has granite countertops, custom cabinets, tile backsplash and is open to the additional living room. With one bedroom and one full bath on the main floor, the remaining bedrooms and two additional full bathrooms are on the second floor. You won't be able to miss the stunning stain glass hanging as you walk up the stairs. The front porch is a great spot to relax while the back yard has a small fenced in area for the kids or pets to play. This gorgeous property is located very close to Ingleside Elementary School, Mayfield's Visitor Center, Luciano's Restaurant, E.G. Fisher Public Library and Tennessee Wesleyan University. It is also a few blocks away from downtown Athens, which hosts so many great community events such as; Pumpkintown, Old Fashioned Downtown Christmas, Moo Fest, Sounds of the Summer among others. Call for your private showing of a historic Athens home!

Last Agent to Sell the Property

Jessica Farr

Century 21 Legacy License #344667 Listed on: 07/09/2022

Century 21 Legacy

Last Buyer's Agent

Jessica Farr

Century 21 Legacy License #344667 Listed on: 07/09/2022

Century 21 Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Historic Home

Interior Spaces

  • 3,340 Sq Ft Home
  • 6 Fireplaces
  • Wood Burning Fireplace
  • Dishwasher
  • Washer
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Athens Middle School
  • Mcminn High School

Additional Features

  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Ingleside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057I E 028.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From downtown Athens, continue up the hill on E Madison Ave behind First Baptist Church. Home is on the corner of East Madison and Blount Street. Driveway entrance is on Blount St. Carport entrance is through the alley that runs behind the home. SOP.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.4
  • Subdivision Name: Ingleside
  • Architectural Style: Historic
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Other, Wood Burning
  • Fireplaces: 6
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered, Porch - Enclosed

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Mcminn
  • Middle Or Junior School: Athens

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 057I E 028.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 707.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 30, 2022
Sold by
Keith Blake M and Keith Renee G
Bought by
Willhite David G and Willhite Bridget J
Seller's Agent
Jessica Farr
Century 21 Legacy
Buyer's Agent
Jessica Farr
Century 21 Legacy
List Price
$565,000
Sold Price
$510,000
Premium/Discount to List
-$55,000
-9.73%
Current Estimated Value
$602,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,385
Avg. Annual Appreciation
5.85%
Original Mortgage
$408,000
Outstanding Balance
$390,527
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$211,858

Purchase Details

Closed on
Aug 10, 1999
Sold by
Marie Smith
Bought by
Larry Parker

Purchase Details

Closed on
Jan 27, 1999
Sold by
Smith David Alan
Bought by
Keith Blake M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
6.88%

Purchase Details

Closed on
Jun 9, 1998
Sold by
Earl Copeland
Bought by
Carmichael David E

Purchase Details

Closed on
Jun 25, 1993
Bought by
Smith David Alan

Purchase Details

Closed on
Jan 26, 1987
Bought by
Hoelscher Steven C and Mary Anna

Purchase Details

Closed on
Jan 2, 1900
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
Willhite David G $510,000 Valley Title
Larry Parker -- --
Keith Blake M $118,000 --
Carmichael David E $5,000 --
Smith David Alan $89,000 --
Hoelscher Steven C -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willhite David G $408,000
Previous Owner Keith Blake M $177,000
Previous Owner Keith Blake M $133,000
Previous Owner Keith Blake M $63,100
Previous Owner Keith Blake M $40,000
Previous Owner Keith Blake M $129,400
Previous Owner Keith Blake M $124,100
Previous Owner Not Available $112,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $510,000 -9.7% $153 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $565,000 -- $169 / 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 $2,669 $127,675 $15,750 $111,925
2023 $2,669 $127,675 $15,750 $111,925
2022 $1,519 $52,475 $5,600 $46,875
2021 $1,519 $52,475 $5,600 $46,875
2020 $1,477 $52,475 $5,600 $46,875
2019 $1,477 $52,475 $5,600 $46,875
2018 $1,477 $52,475 $5,600 $46,875
2017 $1,383 $46,425 $6,850 $39,575
2016 $1,383 $46,425 $6,850 $39,575
2015 -- $46,425 $6,850 $39,575
2014 $1,276 $46,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1198543

East Tennessee REALTORS® MLS

APN: 057I-E-028.00