201 E Palestine Ave, Madison, TN 37115 Property Records

Nashville-Davidson Metropolitan Government property record for 201 E Palestine Ave, Madison, TN 37115

Property Summary

Property Type	Apartments (5+ Units)
Details	31,008 sqft · built 1966
Lot Size	13.6 acres (594,158 sqft)
Owner	Company Name on File
Last Sale	$25,550,250 (Jun 2023)
Tax Bill	$295,433 (2025)
Deeds & Mortgages	Jun 2023 Sale Jun 2023 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`051-08-0-082-00`

Property Details

APN / Parcel Number

Primary APN	`051-08-0-082-00`
Alternative APN	`000022861`

Interior

Units	198 Units
Stories	2 Stories
Building Area	31,008 sqft Total Area
1st Floor Area	10,336 sqft
2nd Floor Area	10,336 sqft
Basement Area	10,336 sqft
Finished Basement	10,336 sqft
Unfinished Basement	10,336 sqft

Exterior

Year Built	Built 1966
Effective Year Built	Effective 1966
Exterior Material	Brick
Lot Area	594,158 sqft (13.6 acres)

Exterior Amenities

Pool Area	5,824 sqft
Patio Area	12,014 sqft
Balcony Area	4,836 sqft
Canopy	364 sqft
Total Buildings	7 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	201 E PALESTINE AVE
City	MADISON
State	TN
Zip	37115-4835
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RM20
Legal Description	E OF GALLATIN PK S OF EMMETT AVE
Legal Subdivision	MONTAGUE
Jurisdiction	DAVIDSON TN
Township / Civil Division	7
Census Block Group	2
Census Block	2001
Census Tract	10702

Owner

201 E Palestine Ave, a residential property, is owned by a company that bought it in June 2023.

Source: Nashville-Davidson Metropolitan Government records, as of December 19, 2025

Owner of Record	Company Name on File
Mailing Address	1528 SHERMER RD, NORTHBROOK, IL 60062-5314
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 5, 2023	Special Warranty Deed, Transfer RIVERSIDE ABSTRACT INC, RIVERSIDE ABSTRACT LLC
Jun 5, 2023	Intrafamily Transfer, Transfer RIVERSIDE ABSTRACT INC, RIVERSIDE ABSTRACT LLC
Nov 29, 2021	Special Warranty Deed, Transfer · Commercial Mortgage ARBOR REALTY SR INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 5, 2023 · Amount on File
Deed Sale	Jun 5, 2023 · Amount on File
Prior Sale	Nov 29, 2021 · Amount on File
Deed Document Number	202342307
Prior Transfer Date	Jun 2, 2023
Prior Transfer Doc	0000042306
Record Updated	Oct 29, 2026

June 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DAVIDSON TN
Recording Date	Jun 5, 2023
Property Address	201 E PALESTINE AVE, MADISON, TN 37115-4835
Document Number	0000042307
Map Reference	MB 421 PG 29
Instrument Date	May 31, 2023
Instrument	20230605-0042307
Transaction Type	Transfer
Record Updated	Jun 14, 2023
Title Company	RIVERSIDE ABSTRACT INC, RIVERSIDE ABSTRACT LLC

Transaction

Amount	Amount on Record
Tax	$94,535.93
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1528 SHERMER RD, NORTHBROOK, IL 60062-5314

June 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	DAVIDSON TN
Recording Date	Jun 5, 2023
Property Address	201 E PALESTINE AVE, MADISON, TN 37115-4835
Document Number	0000042306
Map Reference	MB 421 PG 29
Instrument Date	May 31, 2023
Instrument	20230605-0042306
Transaction Type	Transfer
Record Updated	Jun 14, 2023
Title Company	RIVERSIDE ABSTRACT INC, RIVERSIDE ABSTRACT LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	555 E LOOCKERMAN ST STE 120, 120, DOVER, DE 19901-3779

November 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DAVIDSON TN
Recording Date	Nov 29, 2021
Property Address	201 E PALESTINE AVE, MADISON, TN 37115-4835
Document Number	0000157149
Map Reference	MB 421 PG 129
Instrument Date	Nov 16, 2021
Instrument	20211129-0157149
Transaction Type	Transfer
Record Updated	Dec 6, 2021
Title Company	RIVERSIDE ABSTRACT INC, RIVERSIDE ABSTRACT LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$84,434.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	15 AMERICA AVE UNIT 302, 302, LAKEWOOD, NJ 08701-4582

Mortgage

Document Number	0000157150
Date	Nov 29, 2021
Instrument	20211129-0157150

Lender

Name	ARBOR REALTY SR INC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 201 E Palestine Ave was $295,433.

Source: Nashville-Davidson Metropolitan Government assessment roll, as of December 19, 2025

Property Jurisdictions

Type	Name
State	Tennessee
County / Consolidated City	Nashville-Davidson Metropolitan Government
Unified School District	Metropolitan Nashville Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$295,433.00	$10,498,720 Land $1,074,000 Building $9,424,720	$26,246,800 Land $2,685,000 Building $23,561,800
2023	$179,040.00 (+37.45%)	$5,502,160 (-) Land $572,800 Building $4,929,360
2022	$130,263.00	$5,502,160 Land $572,800 Building $4,929,360	$13,755,400 (-) Land $1,432,000 Building $12,323,400
2021			$13,755,400 Land $1,432,000 Building $12,323,400

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 201 E Palestine Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 28, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 12 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	12 in force
Nearby Flood Claims	15 (1979–2013)
Claims Outside the SFHA	3 of 15
Most Recent Claim	Aug 2013 · river or lake flooding
Claims by Event	Severe Storms, Flooding, Straight-line Winds, And Tornadoes, May 2010 · 11 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 201 E Palestine Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 98.3% of Tennessee
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MADISON SUBURBAN U.D. serves 84,437 people · EPA ID TN0000424
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 273 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Google Fiber Fiber	8,000 / 8,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: AT&T.

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