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316 Madison Boulevard

316 Madison Boulevard, Madison, TN 37115
House in Heron Walk
Sold Jan 05, 2021
$312,000
$249,600 by Movement Mortgage
Mortgage Due Jan 01, 2051
Sold Oct 15, 2020
$185,000
$200,340 by Wildcat Lending Fund Two Lp
Mortgage Due Apr 05, 2021
Local assessors in Madison, TN have categorized 316 Madison Boulevard as a residential type of property. The home was built in 1935 and is 89 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 590 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 316 Madison Boulevard has a total of 1,332 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 31, 2020 for $312,000. That's $234.23 per sqft. Prior to that sales transaction, the property was also sold in Oct 5, 2020 for $185,000. 316 Madison Boulevard was last assessed in 2023. The total value of the property was assessed at $73,775. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $58,775. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,401. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,332
  • Gross Building Area: 1,923
  • Building Area: 1,332
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLK J POWERROTH
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK J POWER&ROTH SUB OF MADISON PK

Ownership

  • Current Owner : MORGAN MICHAEL BRANDON
  • Current Owner 2: MORGAN CRYSTAL
  • Previous Owner : CUMBERLAND CABINETS LLC
  • Owner Before Previous Owner: HILL DONALD G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 010701

Zoning

  • Zoning: RS7.5

Geography

  • Parcel: 052-05-0-035-00
  • Block: J
  • Lot: 5
  • Municipality: 55-USD
  • Latitude: 36.2522
  • Longitude: -86.709

    Address

  • Full Address: 316 Madison Blvd
  • Address - House Number: 316
  • Address - Street Name: Madison
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Madison
  • Carrier Code: C011
  • 4-Digit Zip Code: 4722
  • Zip Code: 37115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,401
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 412,561
  • High Value: 508,997
  • Low Value: 316,125

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,600
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $249,600
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $295,100
  • Market Land Value: $60,000
  • Market Improvement Value: $235,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,775
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $58,775

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Transaction ID: 11810223180
  • Current Sale Price: $312,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210105-0001544
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 05, 2020
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jan 05, 2021
  • First Mortgage Loan Amount: $249,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WILDCAT LENDING FUND TWO LP
  • Previous Mortgage Transaction Date: Oct 15, 2020
  • Previous Mortgage Loan Amount: $200,340
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: SBA Participation Trust Deed
  • Previous Mortgage Loan Due Date: Apr 05, 2021

About Heron Walk



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Frequently Asked Questions

What neighborhood is 316 Madison Boulevard located in?
The 316 Madison Boulevard is a house located in the neighborhood of Heron Walk in Heron Walk, Madison.
What is the average sales price for listings in 316 Madison Boulevard?
The average sales price for units in 316 Madison Boulevard is $0 currently.

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