NOT LISTED FOR SALE

0 Charles Ln Cedar Grove, TN 38321

16 Beds
7 Baths
500 Sq Ft
3.18 Acres

Last Sold August 23, 2024

Last sale price $100,000 $200 Per Sq Ft

158 Days on Market

About This Home

As of August 2024

Income Producing Rental Property on 3.18 Acres! Live in the site built home & rent out the 5 mobile homes! Currently producing rental income of $2300.00 & tucked away off Fesmire Rd w/over 530' road frontage & Charles Lane. 3 septic tanks, & 1 shared well. Each home has its own electric meter with each tenant paying their own electric. 4 of the mobile homes have double metal roofs. Located in the small town of Cedar Grove, 15 min from I-40 located between Memphis & Nashville.

Last Agent to Sell the Property

Anne Spence-McGee

Crye-Leike Tapestry License #260346 Listed on: 02/23/2024

Crye-Leike Tapestry

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 3.18

Parking

  • Gravel Driveway

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 500 Sq Ft Home
  • Partially Carpeted

Utilities

  • Window Unit Cooling System
  • Well
  • Septic Tank

Community Details

  • 6 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 038.17

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Mobile Home Park
  • MLS Map #: 699
  • Freestanding: Yes
  • Estimated Sq Ft: 500
  • Year Built: 1986
  • Construction: Aluminum/Steel Siding
  • List Price/ Sq Ft: 300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Partial Carpet

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Septic Tank, Well
  • Cooling Systems: 1 Window Unit per Unit

Lot Info

  • Lot Size: 3.18

Rental Info

  • Tenant Pays: Electric

Tax Info

  • Assessor Parcel Number: 038.17

Multi Family

  • Total Number Of Units: 6
  • Number1 Bedroom Units: 3
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 3
  • Number Other Units: 3
  • Type of Unit: 2 BR - 1+ Baths, 3 BR - 1 Bath

Range of Values:

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Average Value
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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
08/23/2024 08/23/24 Sold $100,000 -33.3% $200 / Sq Ft
02/23/2024 02/23/24 For Sale $150,000 -- $300 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anne Spence-McGee

    Seller's Agent in 2024

    Anne Spence-McGee

    Crye-Leike Tapestry

    (731) 549-7531

    366 Total Sales

    Anne Spence-McGee
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10180673

Memphis Area Association of REALTORS®
Tennessee Carroll County Cedar Grove 38321

0 Charles Ln, Cedar Grove, TN

This home is located at 0 Charles Ln, Cedar Grove, TN 38321 since 23 February 2024. This property was built in 1986. 0 Charles Ln is a home located in Carroll County with nearby schools including West Carroll Primary School, West Carroll Elementary School, and West Carroll Junior/Senior High School.

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