NOT LISTED FOR SALE

Estimated Value: $293,000 - $340,822

4 Beds
2 Baths
1,431 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $288,750 $202 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,962/month

11 Days on Market

Highlights

  • No HOA
  • Heating Available
  • Property has 1 Level
  • Cooling Available

About This Home

As of September 2023

Absolute Auction on Saturday August 19th 10:00 AM. Includes this property and 1028 Red Bud Terrace MLS# 2557920 Magnificent Investment Opportunity TWO Duplex Units, each side 2 Bedroom, 1 Bath, Kitchen, Living Room, In Unit Laundry. Great Rental History (under market with room to raise) units are rent ready! Only 1 unit vacant and available to preview before the auction. AUCTION TERMS: $25,000 Down Day of Sale, Balance Due In 30 Days. 10% Buyers Premium Applies.

Last Agent to Sell the Property

James R. Cash

James R. Cash II Auctions & Real Estate License # 310998 Listed on: 08/09/2023

Co-Listed By

Eric Wyse

Onward Real Estate License #339678

Last Buyer's Agent

James R. Cash

James R. Cash II Auctions & Real Estate License # 310998 Listed on: 08/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66 x 191

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,431 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Red Bud Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05205025500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,870

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1431
  • Building Area Units: Square Feet
  • Living Area: 1431
  • 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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.29
  • Lot Size: 66 X 191
  • Lot Size Units: Acres
  • Parcel #: 05205025500
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2870

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 19, 2023
Sold by
Daniel Adina
Bought by
Red Bud Terrace Property Rental Llc
Seller's Agent
James R. Cash
James R. Cash II Auctions & Real Estate
Buyer's Agent
James R. Cash
James R. Cash II Auctions & Real Estate
List Price
$288,750
Sold Price
$288,750
Views
18
Current Estimated Value
$316,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,456
Avg. Annual Appreciation
6.32%

Purchase Details

Listed on
Oct 30, 2013
Closed on
Sep 25, 2014
Sold by
Stratton Samuel A and Stratton Nancy E
Bought by
Daniel Glen and Daniel Adina
Seller's Agent
Adina Daniel
Reliant Realty ERA Powered
Buyer's Agent
Adina Daniel
Reliant Realty ERA Powered
List Price
$375,000
Sold Price
$81,000
Premium/Discount to List
-$294,000
-78.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%
Original Mortgage
$128,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 30, 2013
Closed on
Sep 23, 2014
Sold by
Stratton Rental Group One Llc
Bought by
Stratton Samuel A and Stratton Nancy E
Seller's Agent
Adina Daniel
Reliant Realty ERA Powered
Buyer's Agent
Adina Daniel
Reliant Realty ERA Powered
List Price
$375,000
Sold Price
$81,000
Premium/Discount to List
-$294,000
-78.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 2006
Sold by
Stratton Samuel A and Stratton Nancy E
Bought by
Stratton Rental Group One Llc

Purchase Details

Closed on
Oct 17, 1996
Bought by
Stratton Samuel A and Stratton Nancy
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
Red Bud Terrace Property Rental Llc $288,750 Lawyers Land & Title Services
Daniel Glen $160,000 None Available
Stratton Samuel A -- None Available
Stratton Rental Group One Llc -- None Available
Stratton Samuel A $74,342 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Glen $128,000
Previous Owner Stratton Samuel A $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $288,750 0.0% $202 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $288,750 0.0% $202 / Sq Ft
11/05/2018 11/05/18 Rented $177,899 0.0% --
07/19/2018 07/19/18 Under Contract -- -- --
07/17/2018 07/17/18 For Rent $177,899 0.0% --
04/04/2016 04/04/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $375,000 +363.0% $262 / Sq Ft
09/26/2014 09/26/14 Sold $81,000 -- $57 / 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 $2,870 $88,200 $19,000 $69,200
2023 $2,870 $88,200 $19,000 $69,200
2022 $2,870 $88,200 $19,000 $69,200
2021 $2,900 $88,200 $19,000 $69,200
2020 $2,195 $52,000 $8,000 $44,000
2019 $1,641 $52,000 $8,000 $44,000
2018 $1,641 $52,000 $8,000 $44,000
2017 $1,641 $52,000 $8,000 $44,000
2016 $1,555 $39,640 $6,400 $33,240
2015 $1,555 $39,640 $6,400 $33,240
2014 $1,555 $39,640 $6,400 $33,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2557918

Realtracs

APN: 052-05-0-255