NOT LISTED FOR SALE

653 E Old Hickory Blvd Madison, TN 37115

Madison Neighborhood

Estimated Value: $354,000 - $599,000

2 Beds
1 Bath
2,077 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2022

Last sale price $559,800 $270 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,992 / mo

6 Days on Market

Highlights

  • No HOA
  • Carpet
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of November 2022

Commercially zoned property with two homes and workshop/garage (653 and 649 E Old Hickory Blvd). Keep as income producing properties, live in one and rent out the rest, or use for your business! Tons of potential including development, storage facilities, and more with commercial service zoning. Property includes 3 bedroom, 2 bathroom home and separate 1 bedroom, 1 bath apartment on property with storage buildings, plus workshop with electricity. Rents are estimated.

Last Agent to Sell the Property

Megan Hale Warner

HALO Properties License #331664 Listed on: 10/15/2022

Last Buyer's Agent

Megan Hale Warner

HALO Properties License #331664 Listed on: 10/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1940

Lot Details

  • 0.44

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,077 Sq Ft Home
  • Property has 1 Level
  • Carpet

Schools

  • Gower Elementary School
  • H G Hill Middle School
  • Hillwood Comp High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,000
  • The owner pays for electricity, water
  • Assessor Parcel Number 04314002000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Madison Subdivision

Building Details

  • Operating Expense $300
  • Gross Income $3,000
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,231

Year Built

Built in 1940

Lot Details

0.44 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Above Grade Finished Sq Ft: 2077
  • Building Area Units: Square Feet
  • Living Area: 2077
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Com
  • Lot Size Units: Acres
  • Parcel #: 04314002000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water

Multi Family

  • Gross Income: 3000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2700
  • Number Of Units Total: 2
  • Annual Operating Expense: 300
  • Total Actual Rent: 3000

Tax Info

  • Tax Annual Amount: 3231

MLS Schools

  • Elementary School: Gower Elementary
  • High School: Hillwood Comp High School
  • Middle Or Junior School: H G Hill Middle School

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $559,800 0.0% $270 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $559,800 +30.2% $270 / Sq Ft
10/15/2022 10/15/22 For Sale $429,900 -- $207 / 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 $5,056 $179,680 $91,000 $88,680
2024 $3,197 $98,260 $45,500 $52,760
2023 $3,197 $98,260 $45,500 $52,760
2022 $3,197 $98,260 $45,500 $52,760
2021 $3,231 $98,260 $45,500 $52,760
2020 $3,188 $75,535 $32,500 $43,035
2019 $2,383 $75,535 $32,500 $43,035
2018 $2,383 $75,535 $32,500 $43,035
2017 $2,383 $75,535 $32,500 $43,035
2016 $2,565 $65,365 $32,500 $32,865
2015 $2,565 $65,365 $32,500 $32,865
2014 $2,565 $65,365 $32,500 $32,865
Source: Public Records

Agents Affiliated with this Home

  • Megan Hale Warner

    Seller's Agent in 2022

    Megan Hale Warner

    HALO Properties

    (615) 406-4387

    4 in this area

    49 Total Sales

    Megan Hale Warner
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Map

Source: Realtracs

MLS Number: 2449500

Realtracs

APN: 043-14-0-020

Tennessee Davidson County Nashville 37115 Madison

653 E Old Hickory Blvd, Nashville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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