NOT LISTED FOR SALE

118 Marks Cir Lebanon, TN 37087

Lebanon Area

Estimated Value: $279,000 - $351,000

Studio
2 Baths
1,803 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2021

Last sale price $235,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,908 / mo

54 Days on Market

Highlights

  • 0.53 Acre Lot
  • Central Heating and Cooling System
  • Property has 1 Level
  • No HOA

About This Home

As of October 2021

Great investment property. Income producing duplex located in Lebanon. Since both sides are currently rented we are asking for at least a 48 hour notice for all showings.

Last Agent to Sell the Property

Jasmine Horne

American Dreams Realty, LLC License #348043 Listed on: 07/03/2021

Last Buyer's Agent

Jasmine Horne

American Dreams Realty, LLC License #348043 Listed on: 07/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1972

Lot Details

  • 0.53

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,803 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Schools

  • Sam Houston Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Additional Features

  • 23,087 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,475
  • Assessor Parcel Number 059I G 01400 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hallcroft Est 5 Subdivision

Building Details

  • Gross Income $1,475
  • Net Operating Income $1,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,843

Year Built

Built in 1972

Lot Details

0.53 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1803
  • Building Area Units: Square Feet
  • Living Area: 1803
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commerical
  • Lot Size Acres: 0.53
  • Lot Size: P/O LOT 68/80.96 X 176 IRR
  • Lot Size Units: Acres
  • Parcel #: 059I G 01400 000
  • Property Attached Yn: No

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1475
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1475
  • Number Of Units Total: 2
  • Total Actual Rent: 1475

Tax Info

  • Tax Annual Amount: 1843

MLS Schools

  • Elementary School: Sam Houston Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Oct 1, 2021
Sold by
Bought by
Seller's Agent
Jasmine Horne
American Dreams Realty, LLC
Buyer's Agent
Jasmine Horne
American Dreams Realty, LLC
List Price
$289,900
Sold Price
$235,000
Premium/Discount to List
-$54,900
-18.94%
Current Estimated Value
$325,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,342
Avg. Annual Appreciation
6.98%
Original Mortgage
$576,000
Outstanding Balance
$461,944
Interest Rate
2.28%
Estimated Equity
-$136,602

Purchase Details

Closed on
Jul 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1998
Bought by

Purchase Details

Closed on
Jul 25, 1978
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$235,000 None Available
$89,000 --
$78,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $576,000
Previous Owner $71,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $235,000 -18.9% $130 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $289,900 -- $161 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,625 $85,120 $30,000 $55,120
2024 $1,878 $85,120 $30,000 $55,120
2022 $2,462 $85,120 $30,000 $55,120
2021 $2,461 $85,120 $30,000 $55,120
2020 $1,844 $85,120 $30,000 $55,120
2019 $421 $49,040 $9,200 $39,840
2018 $1,721 $49,040 $9,200 $39,840
2017 $1,721 $49,040 $9,200 $39,840
2016 $1,721 $49,040 $9,200 $39,840
2015 $1,779 $49,040 $9,200 $39,840
2014 $1,651 $45,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jasmine Horne

    Seller's Agent in 2021

    Jasmine Horne

    American Dreams Realty, LLC

    (615) 445-9356

    6 Total Sales

    Jasmine Horne
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Map

Source: Realtracs

MLS Number: RTC2269073

Realtracs

APN: 059I-G-014.00

Tennessee Wilson County Lebanon 37087

118 Marks Cir, Lebanon, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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