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513 Freda Villa

513 Freda Villa, Madison, TN 37115
Property in Oakland Acres
Sold May 18, 2023
$595,000
$476,000 by Guaranteed Rate, Inc.
Mortgage Due Jun 01, 2053
Sold Jul 01, 2013
$229,900
$206,910 by Swbc Mortgage Corp
Mortgage Due Jul 01, 2043
Local assessors in Madison, TN have categorized 513 Freda Villa as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 42,689 square feet. The linear feet between the front and back of the lot was measured at 2,340 ft and the front of the lot was measured at 1,470 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 513 Freda Villa has a total of 2,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,480 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 961 sqft. There are 4 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 average. 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 materials that we aren't sure of. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 513 Freda Villa sold most recently in May 15, 2023 for a total of $595,000. If you work out the math, that's approximately a cost of $240.70 per sqft. Before that, the property was also sold for $229,900 in Jun 28, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,037 in taxes each year. 513 Freda Villa was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $93,325. If we break it down further, the land itself was valued at $21,250. Improvements to the property, however, were assessed at a total of $72,075. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,480
  • Garage Type: Detached
  • Garage Square Area: 961
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 42,689
  • Lot Size Depth Feet: 2,340
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 2,472
  • Gross Building Area: 3,240
  • Building Area: 2,472
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S PAR B
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 37 OAKLAND ACRES SEC. 11 RE-SUB LOT 37 & RES PAR B

Ownership

  • Current Owner : LINK RYAN B
  • Current Owner 2: LINK ALLISON L
  • Previous Owner : TOWNSEND TIFFANY
  • Previous Owner 2: TOWNSEND RAYMOND T
  • Owner Before Previous Owner: DUKES DONALD
  • Owner Before Previous Owner 2: DUKES JERRY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: RS20

Geography

  • Section: 11
  • Parcel: 051-11-0-099-00
  • Lot: 37
  • Municipality: 55-USD
  • Latitude: 36.2441
  • Longitude: -86.7292

    Address

  • Full Address: 513 Freda Villa
  • Address - House Number: 513
  • Address - Street Name: Freda Villa
  • State: TN
  • City Name: Madison
  • Carrier Code: C008
  • 4-Digit Zip Code: 5112
  • Zip Code: 37115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,037
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 622,498
  • High Value: 773,847
  • Low Value: 471,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: May 18, 2023
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $373,300
  • Market Land Value: $85,000
  • Market Improvement Value: $288,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,325
  • Assessed Land Value: $21,250
  • Assessed Improvements Value: $72,075

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Transaction ID: 11906942552
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37423
  • Previous Sale Recording Date: Jul 01, 2013
  • Previous Sale Contract Date: Jun 28, 2013
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: May 18, 2023
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SWBC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 01, 2013
  • Previous Mortgage Loan Amount: $206,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About Oakland Acres



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Frequently Asked Questions

What neighborhood is 513 Freda Villa located in?
The 513 Freda Villa is a located in the neighborhood of Oakland Acres in Oakland Acres, Madison.
What is the average sales price for listings in 513 Freda Villa?
The average sales price for units in 513 Freda Villa is $0 currently.

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