NOT LISTED FOR SALE

Estimated Value: $689,000 - $883,662

3 Beds
3 Baths
2,964 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $915,000 $309 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,689/month

6 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • No HOA

About This Home

As of July 2023

Income producing triplex in the Maxwell Heights neighborhood, a historic sidewalk neighborhood off Gallatin Road with walkable access to the 5-points area and the Main St./Gallatin Rd retail corridor. Minutes from the Eastbank & River North developments. Excellent corporate/medium-term rental opportunity-actual rental revenue history attached. Historic craftsman era bungalow architecture with tons of classic original details, such as trim, hardwood floors, mantel. Each unit has been updated by East Nashville craftsman, Aaron Rosburg. Though updated, each unit still maintains classic and comfortable style and vibe. Set up for maintaining remotely with nest cameras, themostats & keypads. Being sold furnished, but there are pieces that do not convey--see attached list or contact for details.

Last Agent to Sell the Property

Deborah Vahle

Compass License #344841 Listed on: 06/09/2023

Compass

Co-Listed By

Newell Anderson

Compass License #266058

Last Buyer's Agent

Peter Connerth

Benchmark Realty, LLC License # 280142

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,687

Year Built

  • Built in 1938

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 48 x 175

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,964 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Tile

Schools

  • Glenn Enhance Option Elementary School
  • Stratford Stem Magnet School Lower Campus Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units
  • House & Simontons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08305016500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,687

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1938
  • Inclusions: APPLN,OTHER
  • Unit Levels: Two
  • Structure Type: Triplex
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Above Grade Finished Sq Ft: 2964
  • Building Area Units: Square Feet
  • Living Area: 2964
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Triplex
  • Lot Size Acres: 0.19
  • Lot Size: 48 X 175
  • Lot Size Units: Acres
  • Parcel #: 08305016500
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4687

MLS Schools

  • Elementary School: Glenn Enhance Option School
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Stratford STEM Magnet School Lower Campus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 24, 2023
Sold by
Hoiles Matthew Lawrence and Faith Elizabet
Bought by
Patterson Eric
Seller's Agent
Deborah Vahle
Compass
Buyer's Agent
Peter Connerth
Benchmark Realty, LLC
List Price
$915,000
Sold Price
$915,000
Views
42
Current Estimated Value
$788,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,084
Avg. Annual Appreciation
-5.35%
Original Mortgage
$837,915
Outstanding Balance
$822,516
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$6,312

Purchase Details

Listed on
Jun 9, 2023
Closed on
May 30, 2023
Sold by
Hoiles Matthew Lawrence
Bought by
Hoiles Matthew Lawrence and Salmon Faith Elizabeth
Seller's Agent
Deborah Vahle
Compass
Buyer's Agent
Peter Connerth
Benchmark Realty, LLC
List Price
$915,000
Sold Price
$915,000
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,915
Outstanding Balance
$822,516
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
-$6,312

Purchase Details

Listed on
Jun 7, 2017
Closed on
Oct 2, 2017
Sold by
Leeper Deboah
Bought by
Salmon Faith Elizabeth and Hoiles Matthew Lawrence
Seller's Agent
Susan Greene
Crye-Leike, REALTORS
Buyer's Agent
Staria Clark
Compass Tennessee, LLC
List Price
$475,000
Sold Price
$391,000
Premium/Discount to List
-$84,000
-17.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
Original Mortgage
$351,509
Interest Rate
5.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2001
Sold by
Wehby Andrew J and Wehby Charles T
Bought by
Leeper Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patterson Eric $915,000 Wagon Wheel Title
Hoiles Matthew Lawrence -- None Listed On Document
Salmon Faith Elizabeth $395,000 None Available
Leeper Deborah $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Eric $837,915
Previous Owner Salmon Faith Elizabeth $348,000
Previous Owner Salmon Faith Elizabeth $351,509
Previous Owner Leeper Deborah $68,980
Previous Owner Leeper Deborah $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $915,000 0.0% $309 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $915,000 +134.0% $309 / Sq Ft
10/02/2017 10/02/17 Sold $391,000 -17.7% $132 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $475,000 -- $160 / 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 $4,687 $144,040 $58,000 $86,040
2023 $4,687 $144,040 $58,000 $86,040
2022 $4,687 $144,040 $58,000 $86,040
2021 $4,736 $144,040 $58,000 $86,040
2020 $4,966 $117,640 $40,000 $77,640
2019 $3,712 $117,640 $40,000 $77,640
2018 $0 $117,640 $40,000 $77,640
2017 $597 $117,640 $40,000 $77,640
2016 $3,114 $68,960 $14,000 $54,960
2015 $3,114 $68,960 $14,000 $54,960
2014 $3,114 $68,960 $14,000 $54,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2534882

Realtracs

APN: 083-05-0-165