NOT LISTED FOR SALE

Estimated Value: $612,893 - $760,000

4 Beds
3 Baths
1,661 Sq Ft
$421/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $680,000 $409 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,144/month

4 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 4-minute walk to William Edmondson Homesite Park & Gardens
  • Julia Green Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2024

Excellent location for this cool rental/investment opportunity! 2 blocks from Belmont University, mid-way between 12th South and The Gulch. 1 block to coffee shops and Smoothie King. Minutes to downtown, Vanderbilt, Melrose and more! Complete, contemporary renovation in 2017. Adorable front unit (occupied) has 1 bedroom, 1 bath, kitchen, living room and laundry. Attic space is finished, heated and cooled. Rear unit features a primary bedroom with en-suite bath, guest bedroom, kitchen, living room, full guest bath, laundry and separate parking. This unit also has a third bedroom/office upstairs! This property has been a long-term rental. Income/expense reflects this usage.

Last Agent to Sell the Property

Mike Wales

Zeitlin Sotheby's International Realty Brokerage Phone: 6155685031 License # 281522 Listed on: 12/15/2023

Zeitlin Sotheby's International Realty

Last Buyer's Agent

Jack Gaughan

RE/MAX Choice Properties License # 330796

RE/MAX Choice Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,588

Year Built

  • Built in 1967

Lot Details

  • 5,663

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,661 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Laminate
  • Concrete
  • Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • Eakin Elementary School
  • West End Middle School
  • Hillsboro Comp High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,775
  • Assessor Parcel Number 10505024500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Edgehill Subdivision

Building Details

  • Operating Expense $6,988
  • Gross Income $45,300
  • Net Operating Income $38,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,588

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1967
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Concrete, Laminate, Tile
  • Above Grade Finished Sq Ft: 1661
  • Building Area Units: Square Feet
  • Living Area: 1661
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Parking Features: Concrete
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R8
  • Lot Size: 50 X 153 IRR
  • Lot Size Units: Acres
  • Parcel #: 10505024500
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 45300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 38312
  • Number Of Units Total: 2
  • Annual Operating Expense: 6988
  • Total Actual Rent: 3775

Tax Info

  • Tax Annual Amount: 5588

MLS Schools

  • Elementary School: Eakin Elementary
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: West End Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jan 19, 2024
Sold by
Three Beans Llc
Bought by
Tijerino Emilio and Tijerino Rebecca Rogers
Seller's Agent
Mike Wales
Zeitlin Sotheby's International Realty
Buyer's Agent
Jack Gaughan
RE/MAX Choice Properties
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Views
33
Current Estimated Value
$699,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,223
Avg. Annual Appreciation
1.58%
Original Mortgage
$408,000
Outstanding Balance
$400,860
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$298,363

Purchase Details

Listed on
Jan 13, 2015
Closed on
Jan 21, 2015
Sold by
Hill Schree
Bought by
Three Beans Llc
Seller's Agent
Mark Bilyeu
Hodges and Fooshee Realty Inc.
Buyer's Agent
Mike Wales
Zeitlin Sotheby's International Realty
List Price
$1,375
Sold Price
$170,000
Premium/Discount to List
$168,625
12263.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Mcmurry Frances G
Bought by
Hambrick Samuel
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
Tijerino Emilio $680,000 First Title & Escrow
Three Beans Llc $170,000 None Available
Hambrick Samuel $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tijerino Emilio $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $680,000 -2.2% $409 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $695,000 0.0% $418 / Sq Ft
01/07/2021 01/07/21 Off Market $1,695 -- --
12/21/2020 12/21/20 Price Changed $1,695 -3.1% $2 / Sq Ft
12/02/2020 12/02/20 For Rent $1,750 -99.0% --
08/26/2018 08/26/18 Rented -- -- --
06/23/2017 06/23/17 Off Market $170,000 -- --
06/19/2017 06/19/17 For Sale $1,375 0.0% $1 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,375 -99.2% $1 / Sq Ft
01/21/2015 01/21/15 Sold $170,000 -- $176 / Sq Ft View Prior Sale
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 $5,588 $171,720 $88,000 $83,720
2023 $5,588 $171,720 $88,000 $83,720
2022 $5,588 $171,720 $88,000 $83,720
2021 $5,646 $171,720 $88,000 $83,720
2020 $5,327 $126,200 $70,400 $55,800
2019 $3,982 $126,200 $70,400 $55,800
2018 $3,982 $126,200 $70,400 $55,800
2017 $3,601 $96,760 $70,400 $26,360
2016 $2,370 $52,480 $40,000 $12,480
2015 $2,370 $52,480 $40,000 $12,480
2014 $2,370 $52,480 $40,000 $12,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2602042

Realtracs

APN: 105-05-0-245