NOT LISTED FOR SALE

102 N Highland St Paris, TN 38242

Estimated Value: $688,000 - $819,000

8 Beds
4 Baths
5,610 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 01, 2025

Last sale price $750,000 $134 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,319/month

13 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • W.G. Rhea Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2025

Cashflow positive. Immaculate uptown luxury 8 plex ready to go. 100% occupied. Fully renovated interiors. New electric panels, meters & wiring. New HVAC or mini splits. New water meters, pex water lines and sewer lines. See attachment for a list of upgrades. Six, 2 beds 1 bath. One, 1 bed 1 bath. One, studio 1 bath all with own washer & dryers included. Centrally located to downtown for shopping and eating out. This sale can be combined with 108 Elizabeth St. MLS # 2794144

Last Agent to Sell the Property

Rachael Schell

Empire Realty Brokerage Phone: 8082306690 License #344172 Listed on: 02/21/2025

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1950

Lot Details

  • 5,401

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Alley Access
  • Gravel Driveway
  • Shared Driveway
  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Schools

  • W G Rhea Elementary School
  • W O Inman Middle School
  • E. W. Grove High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $4,240
  • The owner pays for water
  • Assessor Parcel Number 106A C 01300 000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $7,100
  • Gross Income $100,300
  • Net Operating Income $93,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,747

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Inclusions: APPLN
  • Unit Levels: Three Or More
  • Building Stories: 4
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 8082306690
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 3740
  • Below Grade Sq Ft: 1870
  • Building Area Units: Square Feet
  • Living Area: 5610
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Alley Access, Concrete, Driveway, Gravel, On Street, Parking Lot, Shared Driveway, Unassigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Fire Alarm, Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 49X210 IRR
  • Lot Size Units: Acres
  • Parcel #: 106A C 01300 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 100300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 93200
  • Number Of Units Total: 8
  • Annual Operating Expense: 7100
  • Total Actual Rent: 4240

Tax Info

  • Tax Annual Amount: 2747

MLS Schools

  • Elementary School: W G Rhea Elementary
  • High School: E. W. Grove School
  • Middle Or Junior School: W O Inman Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
May 1, 2025
Sold by
Powers James
Bought by
102 North Highland Street Holdings Llc
Seller's Agent
Rachael Schell
Empire Realty
Buyer's Agent
NONMLS NONMLS
List Price
$915,000
Sold Price
$750,000
Premium/Discount to List
-$165,000
-18.03%
Views
9
Current Estimated Value
$756,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,423
Avg. Annual Appreciation
13.75%
Original Mortgage
$680,000
Outstanding Balance
$680,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$105,613

Purchase Details

Closed on
Jul 14, 2021
Sold by
Felix Ralph
Bought by
Powers James

Purchase Details

Closed on
Oct 17, 2007
Sold by
Gavin Michael C
Bought by
Ralph Felix

Purchase Details

Closed on
Jan 31, 2005
Bought by
Smith Lance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,975
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2002
Sold by
Terri Weston
Bought by
Weston Owen H

Purchase Details

Closed on
Jun 12, 1997
Sold by
Weston Lorraine S
Bought by
Terri Weston

Purchase Details

Closed on
Dec 11, 1989
Bought by
Weston Lorraine

Purchase Details

Closed on
Nov 21, 1983
Bought by
Weston Terri
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
102 North Highland Street Holdings Llc $750,000 None Listed On Document
102 North Highland Street Holdings Llc $750,000 None Listed On Document
Powers James $215,000 Freedom Title Services Llc
Ralph Felix $90,000 --
Smith Lance C $69,400 --
Weston Owen H -- --
Terri Weston $22,000 --
Weston Lorraine $48,000 --
Weston Terri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 102 North Highland Street Holdings Llc $680,000
Closed 102 North Highland Street Holdings Llc $680,000
Previous Owner Gavin Kris $88,000
Previous Owner Smith Lance C $58,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $750,000 -8.4% $134 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/01/2025 03/01/25 Price Changed $819,000 -10.5% $146 / Sq Ft
02/21/2025 02/21/25 For Sale $915,000 -- $163 / 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 $2,747 $82,240 $4,000 $78,240
2023 $2,714 $82,240 $4,000 $78,240
2022 $1,557 $64,880 $4,000 $60,880
2021 $2,076 $64,880 $4,000 $60,880
2020 $2,024 $64,880 $4,000 $60,880
2019 $1,623 $47,480 $4,000 $43,480
2018 $1,604 $47,480 $4,000 $43,480
2017 $1,604 $47,480 $4,000 $43,480
2016 $1,543 $47,480 $4,000 $43,480
2015 $1,607 $47,480 $4,000 $43,480
2014 $1,512 $47,480 $4,000 $43,480
2013 $1,512 $44,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2794141

Realtracs

APN: 106A-C-013.00