NOT LISTED FOR SALE

120 Fairground Dr Waverly, TN 37185

Waverly Area

Estimated Value: $117,000 - $178,000

Studio
2 Baths
1,624 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2023

Last sale price $143,000 $88 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $960 / mo

26 Days on Market

Highlights

  • No HOA
  • Carpet
  • Property has 1 Level
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

About This Home

As of July 2023

**INVESTORS** This is for you! **Income producing property** Additional Building Lot!! This Duplex has been completely remodeled. Two rentals AND a building lot located in town with all city utilities available. Property is in a flood zone but the owner has the elevation certificate in hand for the building lot. RARE opportunity to pick up two rentals at a great price!! Both units are occupied. Will need adequate notice for showings.

Last Agent to Sell the Property

Jessica Stanfield

Tennessee Property Group License #315800 Listed on: 05/11/2023

Last Buyer's Agent

Julie Coone

The Realty Association License #330054

The Realty Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1968

Lot Details

  • 24,394 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,624 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Schools

  • Waverly Elementary School
  • Waverly Jr High Middle School
  • Waverly Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $1,325
  • Assessor Parcel Number 064G K 02200 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lucas Land & Lumber Subdivision

Building Details

  • Operating Expense $3,000
  • Gross Income $15,900
  • Net Operating Income $12,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,220

Year Built

Built in 1968

Lot Details

0.56 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1968
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Above Grade Finished Sq Ft: 1624
  • Building Area Units: Square Feet
  • Living Area: 1624
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

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: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: comm
  • Lot Size Acres: 0.56
  • Lot Size: 100X240X100X253M/IRR
  • Lot Size Units: Acres
  • Parcel #: 064G K 02200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 15900
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 12900
  • Number Of Units Total: 2
  • Annual Operating Expense: 3000
  • Total Actual Rent: 1325

Tax Info

  • Tax Annual Amount: 1220

MLS Schools

  • Elementary School: Waverly Elementary
  • High School: Waverly Central High School
  • Middle Or Junior School: Waverly Jr High 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

Closed on
Apr 8, 2024
Sold by
Bought by
Current Estimated Value
$155,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
Jessica Stanfield
Tennessee Property Group
Buyer's Agent
Julie Coone
The Realty Association
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Jul 20, 2018
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
$80,750
Interest Rate
0.046%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1957
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
$123,000 None Listed On Document
$143,000 Three Rivers Title
$85,000 None Available
-- --
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 $98,400
Previous Owner $80,750
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
07/10/2023 07/10/23 Sold $143,000 -4.7% $88 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $150,000 -- $92 / 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 $1,584 $52,160 $8,000 $44,160
2024 $1,589 $52,160 $8,000 $44,160
2023 $1,590 $52,160 $8,000 $44,160
2022 $1,220 $38,000 $8,080 $29,920
2021 $1,220 $38,000 $8,080 $29,920
2020 $1,220 $38,000 $8,080 $29,920
2019 $1,052 $31,960 $8,000 $23,960
2018 $1,052 $31,960 $8,000 $23,960
2017 $1,052 $31,960 $8,000 $23,960
2016 $1,385 $38,920 $17,080 $21,840
2015 $1,385 $38,920 $17,080 $21,840
2014 $1,386 $38,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Stanfield

    Seller's Agent in 2023

    Jessica Stanfield

    Tennessee Property Group

    (931) 209-2819

    144 Total Sales

    Jessica Stanfield
    Section Image
  • Julie Coone

    Buyer's Agent in 2023

    Julie Coone

    The Realty Association

    (615) 613-3252

    65 Total Sales

    Julie Coone
    Section Image
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Map

Source: Realtracs

MLS Number: 2518324

Realtracs

APN: 064G-K-022.00

Tennessee Humphreys County Waverly 37185

120 Fairground Dr, Waverly, 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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