NOT LISTED FOR SALE

104 Melrose Ave Waverly, TN 37185

Estimated Value: $113,000 - $163,000

-- Bed
3 Baths
1,830 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $80,000 $44 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $902/month

Highlights

  • Wood Burning Stove
  • Carpet
  • Heating Available
  • Cooling Available

About This Home

As of January 2019

INCOME POTENTIAL! 3 income producing properties, 2 units featuring a living room, kitchen, bedroom, bath; upstairs unit more like a studio apartment with separate bedroom and bath.

Last Agent to Sell the Property

Kevin Lofton

Rushton & Co. License #327164 Listed on: 08/16/2018

Co-Listed By

Ginger Lofton

License #327162

Last Buyer's Agent

Janet Hall

Keller Williams Realty License #276769

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1949

Lot Details

  • 5,489

Home Design

  • Stucco

Interior Spaces

  • 1,830 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Stove

Flooring

  • Carpet
  • Vinyl

Schools

  • Waverly Elementary School
  • Waverly Jr High Middle School
  • Waverly Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2
  • Assessor Parcel Number 043064H M 01500 00002064H

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$651

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1949
  • Inclusions: APPLN,FURN
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1830
  • Building Area Units: Square Feet
  • Living Area: 1830
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Stucco
  • 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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Stove
  • Heating Yn: Yes
  • Laundry Features: None

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Commercial
  • Lot Size: 50X110 M
  • Lot Size Units: Acres
  • Parcel #: 043064H M 01500 00002064H
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Annual Operating Expense: 1
  • Total Actual Rent: 2

Tax Info

  • Tax Annual Amount: 651

MLS Schools

  • Elementary School: Waverly Elementary
  • High School: Waverly Central High School
  • Middle Or Junior School: Waverly Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Hall William Taylor and Hall Janet Goad
Bought by
Hall Janet Goad and Janet Goad Hall Living Trust
Current Estimated Value
$145,898

Purchase Details

Listed on
Aug 16, 2018
Closed on
Mar 26, 2019
Sold by
Hall Janet Goad
Bought by
The Janet Goad Hall Living Trust
Seller's Agent
Kevin Lofton
Rushton & Co.
Buyer's Agent
Janet Hall
Keller Williams Realty
List Price
$1,475
Sold Price
$80,000
Premium/Discount to List
$78,525
5323.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$64,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 16, 2018
Closed on
Jan 22, 2019
Sold by
Depriest Fulton Ray and Depriest Mamie Sue
Bought by
Hall Janet Goad
Seller's Agent
Kevin Lofton
Rushton & Co.
Buyer's Agent
Janet Hall
Keller Williams Realty
List Price
$1,475
Sold Price
$80,000
Premium/Discount to List
$78,525
5323.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2008
Sold by
Depriest Mamie Sue
Bought by
Depriest Revocable Trust

Purchase Details

Closed on
Dec 7, 1990
Bought by
Depriest Mamie Sue
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
Hall Janet Goad -- None Available
The Janet Goad Hall Living Trust -- None Available
Hall Janet Goad $85,000 Freedom Title Services Llc
Depriest Revocable Trust -- --
Depriest Revoc Tr -- --
Depriest Mamie Sue $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janet Goad Hall Living Trust $50,436
Closed Hall Janet Goad $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Off Market $80,000 -- --
05/12/2021 05/12/21 Price Changed $1,375 -6.8% $1 / Sq Ft
04/27/2021 04/27/21 For Sale $1,475 -98.2% $1 / Sq Ft
01/29/2019 01/29/19 Sold $80,000 -- $44 / 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 $1,496 $49,080 $4,800 $44,280
2023 $1,496 $49,080 $4,800 $44,280
2022 $1,207 $37,600 $6,880 $30,720
2021 $1,207 $37,600 $6,880 $30,720
2020 $1,207 $37,600 $6,880 $30,720
2019 $651 $19,760 $6,800 $12,960
2018 $651 $19,760 $6,800 $12,960
2017 $651 $19,760 $6,800 $12,960
2016 $636 $17,880 $6,760 $11,120
2015 $636 $17,880 $6,760 $11,120
2014 $637 $17,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Lofton

    Seller's Agent in 2019

    Kevin Lofton

    Rushton & Co.

    (931) 264-8340

    3 in this area

    14 Total Sales

    Kevin Lofton
    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Ginger Lofton

    Section Image
  • Janet Hall

    Buyer's Agent in 2019

    Janet Hall

    Keller Williams Realty

    (931) 801-6339

    1 in this area

    106 Total Sales

    Janet Hall
    Section Image
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Map

Source: Realtracs

MLS Number: 1961682

Realtracs

APN: 064H-M-015.00

Tennessee Humphreys County Waverly 37185

104 Melrose Ave, Waverly, TN

This home is located at 104 Melrose Ave, Waverly, TN 37185 since 16 August 2018 and is currently estimated at $145,898, approximately $79 per square foot. This property was built in 1949. 104 Melrose Ave is a home located in Humphreys County.

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