NOT LISTED FOR SALE

109 Douglas St Athens, TN 37303

Estimated Value: $160,000 - $202,848

4 Beds
3 Baths
1,496 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $135,000 $90 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,050/month

4 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Property has 3 Levels
  • Westside Elementary School Rated A-
  • Central Heating

About This Home

As of November 2022

TURN-KEY, CASH FLOWING INVESTMENT OPPORTUNITY! With tons of equity already built in, this duplex with a third, separated unit in back is rented well under market at $1,300/mo total. There is opportunity to do some improvements if you want to increase the monthly rent, but it can easily be rented as it sits. Roof replaced recently. Property will delivered vacant.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 59x145

Home Design

  • Property Attached
  • Metal Roof

Interior Spaces

  • 1,496 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Athens City Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $400
  • Assessor Parcel Number 056M E 05100 000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Ivins Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$589

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1930
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 1496
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 59x145
  • Lot Size Units: Acres
  • Parcel #: 056M E 05100 000
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 15600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Total Actual Rent: 400

Tax Info

  • Tax Annual Amount: 589

MLS Schools

  • Middle Or Junior School: Athens City Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 29, 2022
Sold by
Truesouth House Buyers Llc
Bought by
Fernandez Angela
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%
Views
5
Current Estimated Value
$179,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,962
Avg. Annual Appreciation
10.50%
Original Mortgage
$113,745
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2022
Closed on
Oct 3, 2022
Sold by
Ray Samuel Robert and Ray Sheila A
Bought by
Truesouth House Buyers Llc
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,745
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1994
Sold by
Allen Dallas
Bought by
Allen Thomas G

Purchase Details

Closed on
Apr 15, 1993
Bought by
Ray Samuel Robert
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
Fernandez Angela $135,000 --
Truesouth House Buyers Llc $76,420 --
Allen Thomas G $20,000 --
Ray Samuel Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truesouth House Buyers Llc $113,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $135,000 +0.1% $90 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $134,900 -- $90 / 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 $1,145 $54,760 $5,200 $49,560
2023 $1,145 $54,760 $5,200 $49,560
2022 $589 $20,360 $3,480 $16,880
2021 $589 $20,360 $3,480 $16,880
2020 $573 $20,360 $3,480 $16,880
2019 $573 $20,360 $3,480 $16,880
2018 $573 $20,360 $3,480 $16,880
2017 $379 $12,725 $2,175 $10,550
2016 $379 $12,725 $2,175 $10,550
2015 -- $12,725 $2,175 $10,550
2014 $349 $12,709 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2716164

Realtracs

APN: 056M-E-051.00