Seller's Agent in 2023
Albert Drake
Residential Investment Advisors
(615) 281-9395
15 Total Sales
117 Lonsvale Dr Unit 119 McMinnville, TN 37110
Estimated Value: $203,000 - $271,000
--
Bed
2
Baths
1,300
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- No HOA
- Baseboard Heating
- Carpet
- Cooling System Mounted To A Wall/Window
- 4 Car Garage
- Property has 1 Level
About This Home
As of October 2023Here's a great opportunity in a heavy rental community for a light value-add asset that's perfect for a new investor or someone looking to add to their existing portfolio. House-Hacking ambitions welcomed! High demand in this area supports good renter prospects and a community that's in a mass updating phase. Don't miss out on this one. Ownership is currently leaving one unit available for a short period.
Last Agent to Sell the Property
Residential Investment Advisors License #358686 Listed on: 06/13/2023
Last Buyer's Agent
NONMLS NONMLS
License #2211
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $988
Year Built
- Built in 1976
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 100x150
Parking
- 4 Car Garage
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 1,300 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Vinyl
Schools
- West Elementary School
- Warren County Middle School
- Warren County High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $500
- The owner pays for water
- Assessor Parcel Number 059B A 01601 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Meadow Brook Acres Sec I Subdivision
Building Details
- Gross Income $6,000
- Net Operating Income $6,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2023
Closed on
Oct 18, 2023
Sold by
Chief Realty Group Llc
Bought by
Naimowicz Mark
Seller's Agent
Albert Drake
Residential Investment Advisors
Buyer's Agent
NONMLS NONMLS
List Price
$225,000
Sold Price
$189,000
Premium/Discount to List
-$36,000
-16%
Views
203
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,202
Avg. Annual Appreciation
6.67%
Original Mortgage
$185,576
Outstanding Balance
$182,957
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$30,011
Purchase Details
Closed on
Nov 3, 2022
Sold by
Morgan Steve
Bought by
Chief Realty Group Llc
Purchase Details
Closed on
May 22, 1996
Sold by
Myers James W
Bought by
Morgan and Kathy
Purchase Details
Closed on
Oct 15, 1979
Bought by
Myers James W and Nova June
Purchase Details
Closed on
Jan 8, 1977
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naimowicz Mark | $189,000 | Lighthouse Title | |
| Chief Realty Group Llc | -- | Lighthouse Title And Escrow | |
| Morgan | $47,500 | -- | |
| Myers James W | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naimowicz Mark | $185,576 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $189,000 | 0.0% | $145 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | Price Changed | $189,000 | -2.6% | $145 / Sq Ft |
| 07/18/2023 07/18/23 | Price Changed | $194,000 | -2.5% | $149 / Sq Ft |
| 06/30/2023 06/30/23 | Price Changed | $199,000 | -7.4% | $153 / Sq Ft |
| 06/21/2023 06/21/23 | Price Changed | $215,000 | -4.4% | $165 / Sq Ft |
| 06/13/2023 06/13/23 | For Sale | $225,000 | -- | $173 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | -- | $18,875 | $2,125 | $16,750 |
| 2023 | $1,069 | $18,875 | $2,125 | $16,750 |
| 2022 | $988 | $25,880 | $3,400 | $22,480 |
| 2021 | $1,017 | $26,640 | $3,400 | $23,240 |
| 2020 | $493 | $26,640 | $3,400 | $23,240 |
| 2019 | $1,065 | $24,600 | $3,400 | $21,200 |
| 2018 | $996 | $24,600 | $3,400 | $21,200 |
| 2017 | $996 | $24,600 | $3,400 | $21,200 |
| 2016 | $996 | $24,600 | $3,400 | $21,200 |
| 2015 | $1,003 | $24,600 | $3,400 | $21,200 |
| 2014 | $1,057 | $24,600 | $3,400 | $21,200 |
| 2013 | $1,057 | $25,878 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Drake
-
N
Buyer's Agent in 2023
NONMLS NONMLS
Map
Source: Realtracs
MLS Number: 2536090
APN: 059B-A-016.01
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