NOT LISTED FOR SALE

617 Colony Trace Dr Unit 617 Madison, TN 37115

Estimated Value: $203,045 - $222,000

2 Beds
1.5 Baths
1,152 Sq Ft
610 Sq Ft Lot

Last Sold November 24, 2014

Last sale price $76,000 $66 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,266/month

Highlights

  • Clubhouse
  • 1 Fireplace
  • Tennis Courts
  • Wood Flooring
  • Community Pool
  • Cooling Available

About This Home

As of November 2014

Buyer's Financing Fell Through! Fantastic condo with beautiful hardwood floors throughout (even the bedrooms!) Large windows in every room. Covered parking & storage outside. New fridge, dishwasher, water heater, bathroom & kitchen flooring in 2012.

Last Agent to Sell the Property

Gary Ashton

The Ashton Real Estate Group of RE/MAX Advantage License #278725 Listed on: 09/10/2014

The Ashton Real Estate Group of RE/MAX Advantage

Co-Listed By

Johnny Lee

The Ashton Real Estate Group of RE/MAX Advantage License # 302635

Last Buyer's Agent

Carol Robie

Lake Real Estate License #328472

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $679

Year Built

  • Built in 1985

Lot Details

  • 610

Parking

  • 2 Covered Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Interior Storage Closet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 042110B06000CO

Community Details

Overview

  • Association fees include exterior maintenance, insurance, recreation facilities, water
  • Heritage Village Condomimi Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$679

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Extra Closets, Redecorated, Smoke Alarm, Utility Connection
  • Appliances: Disposal
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1152
  • Building Area Units: Square Feet
  • Living Area: 1152
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Insurance, Recreation Facilities, Water
  • Association Fee: 185
  • Association #2 Fee Frequency: One Time
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 042110B06000CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 679

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 20, 2014
Sold by
Works Elizabeth A
Bought by
Darden Samantha
Seller's Agent
Gary Ashton
The Ashton Real Estate Group of RE/MAX Advantage
Buyer's Agent
Carol Robie
Lake Real Estate
List Price
$217,900
Sold Price
$76,000
Premium/Discount to List
-$141,900
-65.12%
Current Estimated Value
$214,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,761
Avg. Annual Appreciation
10.24%
Original Mortgage
$74,623
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2005
Sold by
Shealy Allison J
Bought by
Works Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
5.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1994
Sold by
Gragg Linda Kay and Gragg Charles W
Bought by
Shealy Allison J
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
Darden Samantha $76,000 Multiple
Works Elizabeth A $80,000 Bicentennial Title & Escrow
Shealy Allison J $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darden Samantha $65,887
Closed Darden Samantha $74,623
Previous Owner Works Elizabeth A $12,400
Previous Owner Works Elizabeth A $77,600
Previous Owner Shealy Allison J $4,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $217,900 +186.7% $189 / Sq Ft
11/24/2014 11/24/14 Sold $76,000 -- $66 / Sq Ft
Source: Realtracs

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 $1,155 $35,500 $8,000 $27,500
2023 $1,155 $35,500 $8,000 $27,500
2022 $1,345 $35,500 $8,000 $27,500
2021 $1,167 $35,500 $8,000 $27,500
2020 $1,033 $24,475 $6,000 $18,475
2019 $772 $24,475 $6,000 $18,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1574902

Realtracs

APN: 042-11-0B-060-00