NOT LISTED FOR SALE

118 Poplar St N Cowan, TN 37318

Estimated Value: $140,264 - $360,000

-- Bed
2 Baths
2,594 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $75,000 $29 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,268/month

Highlights

  • Cooling Available
  • Baseboard Heating
  • Carpet

About This Home

As of May 2018

Well maintained Duplex. Appliances convey. Unfinished upstairs could be 2 more potential 1 bedroom/1 bath apartments. All units rented (month to month basis) and tenants would like to stay. Duplex has solid oak hardwood floors under current flooring. New roof in 2008 and replacement windows in 2006.

Last Agent to Sell the Property

Ashley Lynch

Lynch Rigsby Realty & Auction, LLC License # 321199 Listed on: 03/06/2018

Lynch Rigsby Realty & Auction, LLC

Co-Listed By

Margaret Lynch

Lynch Rigsby Realty & Auction, LLC License #213169

Last Buyer's Agent

Ashley Lynch

Lynch Rigsby Realty & Auction, LLC License # 321199 Listed on: 03/06/2018

Lynch Rigsby Realty & Auction, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1948

Lot Details

  • 0.33

Home Design

  • Metal Roof

Interior Spaces

  • 2,594 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Cowan Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $840
  • Assessor Parcel Number 026077L D 01900 00010077L

Community Details

Overview

  • 2 Units
  • J C Wilson Add Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $840
  • Net Operating Income $839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$928

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1948
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 2594
  • Building Area Units: Square Feet
  • Living Area: 2594
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Comm
  • Lot Size: 40X198 IRR
  • Lot Size Units: Acres
  • Parcel #: 026077L D 01900 00010077L
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 840
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 839
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 840

Tax Info

  • Tax Annual Amount: 928

MLS Schools

  • Elementary School: Cowan Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 24, 2018
Sold by
Strong William R
Bought by
Carter Stephen D
Seller's Agent
Ashley Lynch
Lynch Rigsby Realty & Auction, LLC
Buyer's Agent
Ashley Lynch
Lynch Rigsby Realty & Auction, LLC
List Price
$285,000
Sold Price
$75,000
Premium/Discount to List
-$210,000
-73.68%
Current Estimated Value
$215,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,115
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Williams Jerry Wayne
Bought by
Strong William R

Purchase Details

Closed on
Nov 6, 1989
Bought by
Williams Jerry W
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
Carter Stephen D $75,000 Southern Title & Escrow Llc
Strong William R $22,000 --
Williams Jerry W $3,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Pending -- -- --
11/01/2020 11/01/20 Off Market $75,000 -- --
10/27/2020 10/27/20 For Sale $285,000 0.0% $110 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $285,000 +280.0% $110 / Sq Ft
05/24/2018 05/24/18 Sold $75,000 -- $29 / 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
2024 $1,087 $37,000 $2,920 $34,080
2023 $1,087 $37,000 $2,920 $34,080
2022 $1,032 $37,000 $2,920 $34,080
2021 $630 $37,000 $2,920 $34,080
2020 $974 $22,480 $2,160 $20,320
2019 $974 $22,480 $2,160 $20,320
2018 $928 $22,480 $2,160 $20,320
2017 $928 $22,480 $2,160 $20,320
2016 $705 $17,080 $2,160 $14,920
2015 $705 $17,080 $2,160 $14,920
2014 $706 $17,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1907845

Realtracs

APN: 077L-D-019.00