NOT LISTED FOR SALE

Estimated Value: $572,000 - $764,000

4 Beds
2 Baths
1,472 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $485,000 $329 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,100/month

42 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating
  • Percy Priest Elementary School Rated A-
  • Cooling Available
  • Property has 1 Level

About This Home

As of October 2021

SELLING AS RENTAL PROPERTY. IF THE CURRENT STRUCTURE IS REMOVED, YOU CAN NOT DEVELOP! DUE TO METRO RUN OFF WATER EASEMENT. PRIVACY FENCED BACK YARD EACH SIDE. AWESOME LOCATION

Last Agent to Sell the Property

James Baker

Real Estate Investments, Inc. License # 13400 Listed on: 07/28/2021

Co-Listed By

Gerry Tanksley

Real Estate Investments, Inc. License #219826

Last Buyer's Agent

Tyler Pennington

Compass License #314638

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,361

Year Built

  • Built in 1948

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 94 x 117

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,472 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Percy Priest Elementary School
  • John T. Moore Middle School
  • Hillsboro Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,600
  • The owner pays for water
  • Assessor Parcel Number 11813005500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Folgers Subdivision

Building Details

  • Gross Income $31,200
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,361

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1948
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Above Grade Finished Sq Ft: 1472
  • Building Area Units: Square Feet
  • Living Area: 1472
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R10
  • Lot Size Acres: 0.31
  • Lot Size: 94 X 117
  • Lot Size Units: Acres
  • Parcel #: 11813005500
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 31200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 31200
  • Number Of Units Total: 2
  • Total Actual Rent: 2600

Tax Info

  • Tax Annual Amount: 5361

MLS Schools

  • Elementary School: Percy Priest Elementary
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: John T. Moore Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 29, 2021
Sold by
416 Wilson Pike Circle Llc
Bought by
White Pines Building Group
Seller's Agent
James Baker
Real Estate Investments, Inc.
Buyer's Agent
Tyler Pennington
Compass
List Price
$559,000
Sold Price
$485,000
Premium/Discount to List
-$74,000
-13.24%
Current Estimated Value
$668,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,615
Avg. Annual Appreciation
8.74%
Original Mortgage
$350,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 6, 2012
Closed on
Aug 5, 2013
Sold by
Smith Deanna Faye Hill
Bought by
Baker Ward Ashley and Baker Jennifer Coxe
Seller's Agent
Alice Weaver
Corcoran Reverie
Buyer's Agent
James Baker
Real Estate Investments, Inc.
List Price
$269,000
Sold Price
$268,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$168,000
Interest Rate
4.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2007
Sold by
Folger James Carlisle and Speltz Jessica Grace
Bought by
Smith Deanna Faye Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
White Pines Building Group $485,000 None Available
Baker Ward Ashley $268,000 Grissim Title & Escrow Llc
Smith Deanna Faye Hill $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed White Pines Building Group Llc $13,201,200
Closed White Pines Building Group $350,000
Previous Owner Baker Ward A $150,000
Previous Owner Baker Ward Ashley $168,000
Previous Owner Smith Deanna Faye Hill $180,000
Previous Owner Folger James C $128,000
Previous Owner Folger James Carlise $128,000
Previous Owner Folger James Carlisle $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $485,000 -13.2% $329 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $559,000 +107.8% $380 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $269,000 +0.4% $183 / Sq Ft
08/06/2013 08/06/13 Sold $268,000 -- $182 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,484 $168,520 $93,600 $74,920
2023 $5,484 $168,520 $93,600 $74,920
2022 $5,484 $168,520 $93,600 $74,920
2021 $5,541 $168,520 $93,600 $74,920
2020 $5,361 $127,000 $72,000 $55,000
2019 $4,007 $127,000 $72,000 $55,000
2018 $0 $127,000 $72,000 $55,000
2017 $0 $127,000 $72,000 $55,000
2016 $4,263 $94,400 $63,000 $31,400
2015 $4,263 $94,400 $63,000 $31,400
2014 $4,263 $94,400 $63,000 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2276804

Realtracs

APN: 118-13-0-055