NOT LISTED FOR SALE

1120 N Maple St Murfreesboro, TN 37130

Estimated Value: $622,294

4 Beds
3 Baths
3,024 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $422,000 $140 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,685/month

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Siegel Middle School Rated A-

About This Home

As of August 2020

Great investment property. All 4 stay rented and very rarely come open. Home comes with 42x24 7 stall storage. 6 10x12 storage units not included in rent prices. 1 more unit is 10x24.

Last Agent to Sell the Property

Steven Taylor

Coldwell Banker Southern Realty License # 295120 Listed on: 08/11/2020

Coldwell Banker Southern Realty

Last Buyer's Agent

Ben Livingston

John Jones Real Estate LLC License # 350398

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 114.5 x 161

Parking

  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,024 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Northfield Elementary School
  • Oakland Middle School
  • Oakland High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,180
  • Tax Lot 5
  • Assessor Parcel Number 091C M 01300 R0054439

Community Details

Overview

  • 4 Units
  • Hembree Est Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $26,160
  • Net Operating Income $26,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,360

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1975
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 3024
  • Building Area Units: Square Feet
  • Living Area: 3024
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

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

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: commercial
  • Lot Size: 114.5 X 161
  • Lot Size Units: Acres
  • Parcel #: 091C M 01300 R0054439
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 26160
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 26159
  • Number Of Units Total: 4
  • Annual Operating Expense: 1
  • Total Actual Rent: 2180

Tax Info

  • Tax Annual Amount: 3360
  • Tax Lot: 5

MLS Schools

  • Elementary School: Northfield Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Oakland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Aug 11, 2020
Sold by
Township Investemnts Lp
Bought by
Smith Lester Farnt and Smith Coller
Seller's Agent
Steven Taylor
Coldwell Banker Southern Realty
Buyer's Agent
Ben Livingston
John Jones Real Estate LLC
List Price
$470,000
Sold Price
$422,000
Premium/Discount to List
-$48,000
-10.21%
Current Estimated Value
$622,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,294
Avg. Annual Appreciation
7.82%
Original Mortgage
$316,500
Outstanding Balance
$280,758
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$341,536

Purchase Details

Listed on
Aug 11, 2020
Closed on
Jul 31, 2020
Sold by
Township Proepites Llc
Bought by
Township Investmentes Lp
Seller's Agent
Steven Taylor
Coldwell Banker Southern Realty
Buyer's Agent
Ben Livingston
John Jones Real Estate LLC
List Price
$470,000
Sold Price
$422,000
Premium/Discount to List
-$48,000
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,500
Outstanding Balance
$280,758
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$341,536

Purchase Details

Closed on
Nov 17, 2011
Sold by
Rowland William
Bought by
Township Properties Llc

Purchase Details

Closed on
Oct 29, 2007
Sold by
Stan Vaught
Bought by
Rowland William 1993 Vested Tr

Purchase Details

Closed on
Jan 18, 1995
Sold by
Basse Robert W
Bought by
Basse Judith N
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
Smith Lester Farnt $422,000 Stones River Title Llc
Township Investmentes Lp -- None Available
Township Properties Llc -- --
Rowland William 1993 Vested Tr $160,000 --
Basse Judith N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lester Farnt $316,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $422,000 -10.2% $140 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $470,000 -- $155 / 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
2025 $4,480 $158,360 $21,000 $137,360
2024 $4,480 $158,360 $21,000 $137,360
2023 $2,971 $158,360 $21,000 $137,360
2022 $2,559 $158,360 $21,000 $137,360
2021 $2,125 $95,760 $17,000 $78,760
2020 $2,125 $95,760 $17,000 $78,760
2019 $2,125 $95,760 $17,000 $78,760
2018 $2,919 $95,760 $0 $0
2017 $2,755 $70,880 $0 $0
2016 $2,755 $70,880 $0 $0
2015 $2,755 $70,880 $0 $0
2014 $1,763 $70,880 $0 $0
2013 -- $65,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2178559

Realtracs

APN: 091C-M-013.00-000