NOT LISTED FOR SALE

118 Marks Cir Lebanon, TN 37087

Estimated Value: $279,000 - $361,572

Studio
2 Baths
1,803 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $1,790 / 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Oct 1, 2021
Sold by
Tv Family Limited Partnership
Bought by
Siddiqi Mukhtar
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
$326,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,524
Avg. Annual Appreciation
7.40%
Original Mortgage
$576,000
Outstanding Balance
$474,539
Interest Rate
2.28%
Estimated Equity
-$148,015

Purchase Details

Closed on
Jul 15, 2011
Sold by
Floyd-Decker Evelynn
Bought by
Tv Family Limited Partnership and C/O Terry L Horne

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
Carr Floyd Grace

Purchase Details

Closed on
Jul 25, 1978
Bought by
Vanpietersom Clyde and Vanpietersom Jean
Source: Public Records

Range of Values:

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

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
Siddiqi Mukhtar $235,000 None Available
Tv Family Limited Partnership $89,000 --
Carr Floyd Grace $78,500 --
Vanpietersom Clyde -- --
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 Siddiqi Mukhtar $576,000
Previous Owner Tv Family Limited Partnership $71,200
Source: Public Records

Property History

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

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 $584 $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

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Map

Source: Realtracs

MLS Number: 2269073

Realtracs

APN: 059I-G-014.00

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