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308 West Due West Avenue

308 West Due West Avenue, Madison, TN 37115
Sold Jul 28, 2023
$1,350,000
$1,012,500 by Morgan Stanley Private Bank Na
Mortgage Due Aug 01, 2053
Sold May 22, 2020
$585,000
$585,000 by Cedarstone Bank
Mortgage Due Sep 01, 2035
308 West Due West Avenue has been categorized by the local assessors in Madison, TN as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 308 West Due West Avenue has 5,935 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 5,920 ft and across the front of the lot is 1,440 ft. The area measurement of the land has been determined as 80,586 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 308 West Due West Avenue was last sold in Jul 26, 2023 for $1,350,000. According to our calculations, that's $227.46 per sqft. Prior to that sales transaction, the property was sold for $585,000 in May 21, 2020. Current property owners are expected to pay $9,160 in taxes per year. The property on 308 West Due West Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $241,825. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $216,825. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,614
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 80,586
  • Lot Size Depth Feet: 5,920
  • Lot Size Frontage Feet: 1,440
  • Total Building Area: 5,935
  • Gross Building Area: 10,480
  • Building Area: 5,935
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATTON
  • Land Acres: 1.85
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N/S DUE WEST AVE E SAUNDERS AVE & PT LT 1 STRATTON PLACE SUB

Ownership

  • Current Owner : THORNTON IAN
  • Previous Owner : ASARE KWAME
  • Previous Owner 2: ASARE SERWAA
  • Owner Before Previous Owner: ELLIOTT ANITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 010802

Zoning

  • Zoning: RS20

Geography

  • Parcel: 051-07-0-038-00
  • Lot: 1
  • Municipality: 55-USD
  • Latitude: 36.249
  • Longitude: -86.7271

    Address

  • Full Address: 308 W Due West Ave
  • Address - House Number: 308
  • Street Direction: W
  • Address - Street Name: Due West
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Madison
  • Carrier Code: C008
  • 4-Digit Zip Code: 4511
  • Zip Code: 37115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,160
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 69
  • Final Value: 1,220,881
  • High Value: 1,489,857
  • Low Value: 951,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,012,500
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $1,012,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $967,300
  • Market Land Value: $100,000
  • Market Improvement Value: $867,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $241,825
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $216,825

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Transaction ID: 11910528776
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 58133
  • Previous Sale Recording Date: May 22, 2020
  • Previous Sale Contract Date: May 21, 2020
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jul 28, 2023
  • First Mortgage Loan Amount: $1,012,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CEDARSTONE BANK
  • Previous Mortgage Transaction Date: May 22, 2020
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Pleasant Acres



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Unit for rent at 108 Rothwood Ct, Madison, TN, 37115

$2,165 /mo

  • 3 Beds
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Frequently Asked Questions

What neighborhood is 308 West Due West Avenue located in?
The 308 West Due West Avenue is a house located in the neighborhood of Pleasant Acres in Pleasant Acres, Madison.
What is the average sales price for listings in 308 West Due West Avenue?
The average sales price for units in 308 West Due West Avenue is $0 currently.

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