NOT LISTED FOR SALE

Estimated Value: $633,976 - $809,000

2 Beds
2 Baths
2,244 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $1,750,000 $780 Per Sq Ft

Current estimated payment $4,251/month

4 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Johnson Elementary School Rated A-

About This Home

As of November 2019

Rare opportunity for investors! Magnolia Townhomes consists of 5 duplex units located at 104/108 Meredith Place. 405/509/600 Alexander Street. Seller will sell as a bundle or break up. Majority of units are currently occupied. All units have been updated. No showings until Sept 27th. Call Kim Lebo with any questions (615) 335-4001

Last Agent to Sell the Property

Kim Lebo

Compass RE License # 305294 Listed on: 09/18/2019

Compass RE

Last Buyer's Agent

Tom Lochbihler

Loch Company License # 225497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 120 x 107

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,244 Sq Ft Home
  • Property has 1 Level
  • Carpet

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • Johnson Elementary School
  • Freedom Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 094063J C 01800 00009063J

Community Details

Overview

  • 10 Units
  • Magnolia Place Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,321

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1982
  • Inclusions: APPLN
  • 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
  • Above Grade Finished Sq Ft: 2244
  • Building Area Units: Square Feet
  • Living Area: 2244
  • 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: 4
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: H
  • Lot Size: 120 X 107
  • Lot Size Units: Acres
  • Parcel #: 094063J C 01800 00009063J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 10
  • Annual Operating Expense: 1

Tax Info

  • Tax Annual Amount: 3321

MLS Schools

  • Elementary School: Johnson Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Freedom Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Nov 8, 2019
Sold by
Jws Magnolia Llc
Bought by
Lochbihler Tom and Lochbihler Tom Edward
Seller's Agent
Kim Lebo
Compass RE
Buyer's Agent
Tom Lochbihler
Loch Company
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$734,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,015,341
Avg. Annual Appreciation
-13.72%
Original Mortgage
$262,500
Outstanding Balance
$231,162
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$503,497

Purchase Details

Closed on
Dec 19, 2006
Sold by
Sanders John W
Bought by
Jws Magnolia Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Gardner Partners
Bought by
Sanders John W and Sanders Gp

Purchase Details

Closed on
Dec 28, 1995
Sold by
Gardner Carl P
Bought by
Gardner Family Partners
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
Lochbihler Tom $350,000 Wagon Wheel Title
Jws Magnolia Llc -- None Available
Sanders John W $266,000 None Available
Gardner Family Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochbihler Tom $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $1,750,000 0.0% $780 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $1,750,000 -- $780 / 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 $4,277 $151,040 $39,240 $111,800
2023 $4,111 $151,040 $39,240 $111,800
2022 $4,111 $151,040 $39,240 $111,800
2021 $4,111 $151,040 $39,240 $111,800
2020 $3,394 $105,200 $28,360 $76,840
2019 $3,394 $105,200 $28,360 $76,840
2018 $3,320 $105,200 $28,360 $76,840
2017 $3,268 $105,200 $28,360 $76,840
2016 $0 $105,200 $28,360 $76,840
2015 -- $55,800 $24,000 $31,800
2014 -- $55,800 $24,000 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2082372

Realtracs

APN: 063J-C-018.00