NOT LISTED FOR SALE

616 SW Horry Ave Madison, FL 32340

Estimated Value: $189,000 - $242,000

3 Beds
2 Baths
2,340 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $215,000 $92 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,376/month

72 Days on Market

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • Traditional Architecture
  • Patio
  • Utility Room

About This Home

As of June 2024

Locally known as ‘Cherry Lake’ style, this 1948-built home in Madison FL features old-growth ” heart pine tongue and groove walls and ceilings, solid oak flooring, and hand-built kitchen cabinetry. It has been lovingly maintained and is in great condition. Built for quality and strength, the entire main floor and roof are sheathed in ” tongue and groove boards. The original double-hung wooden windows are still in perfect working order, protected by storm windows added early in the home’s life, and the three solid wood pocket doors are still functional. The home’s small footprint belies the 2340 square feet of living space it provides. The main floor bedrooms overlook the half-acre backyard where birds are a constant and deer are frequent visitors. The semi-finished walkout basement includes a comfortably sized bedroom with ensuite bath, a large laundry room and approximately 600 square feet of open space - perfect for a craft room, workspace, exercise room, etc. The 12x14 covered porch could easily be screened in to provide bug-free outdoor space or converted into a fourth bedroom or a four-seasons room. There are also two outbuildings on the property that can be used for storage. With the HVAC unit, water heater, kitchen appliances, and roof all about a year old, you can live in this gem worry free.

Last Agent to Sell the Property

Sarah Pike

The American Dream License #3141415 Listed on: 02/23/2024

Last Buyer's Agent

Illeana Meares

Advanced Realty Group LLC License #3440487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1948

Lot Details

  • 0.8

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 2,340 Sq Ft Home
  • Combination Dining and Living Room
  • Utility Room
  • Oven or Range

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Madison County Central Elementary School
  • Madison County Middle School
  • Madison County High School

Additional Features

  • Patio
  • 0.8 Acre Lot
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12079-27-1N-09-4232-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,944

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Metes Bounds: Yes
  • Miscellaneous: Patio
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 91.88
  • Style Exterior: Traditional/Classical
  • Tax Database Id: 9
  • Tax Item Number: 27-1N-09-4232-000-000
  • Type: Detached Single Family
  • L V T Date: 02/23/2024
  • Street Designation: Avenue
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2340
  • Year Built: 1948
  • Directions: From Madison S on Horry. Property on R
  • Elementary School: Madison County Central School
  • Geo Longitude: -83.414212
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Vinyl Plank
  • Equipment: Refrigerator w/Ice, Range/Oven
  • Floor Plan: Split Level
  • Kitchen Dim: 12x10
  • Living Area Description: Combo Living Rm/DiningRm
  • Master Bedroom Dim: 17x13
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Number Of Acres: 0.8

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Water Heater: Electric
  • Utility Provider: DUKE: Electric

Schools

  • Elementary School: Madison County Central School
  • Middle School: Madison County
  • High School: Madison County High School

Lot Info

  • Lot Dimensions: 260x128x331x145
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12079-27-1N-09-4232-000-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 4, 2024
Sold by
Bass Duane R and Bass Barbara A
Bought by
Tunich Carl Austin
Seller's Agent
Sarah Pike
The American Dream
Buyer's Agent
Illeana Meares
Advanced Realty Group LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
137
Current Estimated Value
$209,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,821
Avg. Annual Appreciation
0.47%
Original Mortgage
$115,000
Outstanding Balance
$114,064
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$102,206

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 27, 2022
Sold by
Hb2 Alternative Holdings Llc
Bought by
Bass Duane R and Bass Barbara A
Seller's Agent
Sarah Pike
The American Dream
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$67,000
Sold Price
$80,000
Premium/Discount to List
$13,000
19.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.15%

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 18, 2022
Sold by
Nationstar Mortgage Llc
Bought by
Hb2 Alternative Holdings Llc
Seller's Agent
Sarah Pike
The American Dream
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$67,000
Sold Price
$80,000
Premium/Discount to List
$13,000
19.4%

Purchase Details

Closed on
Mar 26, 2020
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
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
Tunich Carl Austin $215,000 Smith Abstract & Title
Bass Duane R $80,000 New Title Company Name
Hb2 Alternative Holdings Llc $100 New Title Company Name
Federal National Mortgage Association -- None Available
Federal National Mortgage Asso $100 Mccalla Raymer Leibert Pierce
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunich Carl Austin $115,000
Previous Owner Aust John Henry $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $215,000 0.0% $92 / Sq Ft
03/01/2024 03/01/24 Price Changed $215,000 -4.4% $92 / Sq Ft
02/23/2024 02/23/24 For Sale $225,000 +181.3% $96 / Sq Ft
07/27/2022 07/27/22 Sold $80,000 +19.4% $53 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $67,000 -- $44 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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 $2,944 $136,871 $7,656 $129,215
2023 $2,064 $92,792 $6,960 $85,832
2022 $1,471 $75,020 $5,800 $69,220
2021 $1,307 $56,319 $5,302 $51,017
2020 $1,211 $54,365 $4,820 $49,545
2019 $1,087 $46,277 $4,820 $41,457
2018 $1,102 $46,352 $0 $0
2017 $502 $45,923 $4,820 $41,103
2016 $511 $45,998 $4,820 $41,178
2015 $513 $46,662 $4,820 $41,842
2014 $504 $45,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 368887

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 27-1N-09-4232-000-000