Seller's Agent in 2018
Benjamin Stanley
My Place Realty & Management
(931) 591-3216
4 in this area
70 Total Sales
120 Malibu Dr Clarksville, TN 37043
Madison Street NeighborhoodEstimated Value: $4,457,523
6
Beds
4
Baths
74,688
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Community Pool
- Cooling Available
- Carpet
- Barksdale Elementary School Rated A-
- Central Heating
About This Home
As of August 2018$30000 a Door! 84 Unit Complex on 4.65 acres with pool. 4 buildings 40 1 bedrooms 648 sq ft and 44 2 bedrooms 875 sq ft Central coin op laundry with new washers and dryers 2 large basement storage/maintenance areas 2 new roofs some units remodeled Needs 750k-1 million for full remodel Great opportunity for investors!
Last Agent to Sell the Property
My Place Realty & Management License # 288121 Listed on: 05/06/2018
Last Buyer's Agent
My Place Realty & Management License # 288121 Listed on: 05/06/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,574
Year Built
- Built in 1965
Lot Details
- 4.37
Home Design
- Brick Exterior Construction
- Membrane Roofing
Interior Spaces
- 74,688 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Vinyl
Schools
- Barksdale Elementary School
- Richview Middle School
- Clarksville High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Total Actual Rent $2,400
- The owner pays for water
- Assessor Parcel Number 063080C A 00200 00011065N
Community Details
Overview
- 84 Units
- Malibu Apartments Subdivision
Recreation
- Community Pool
Building Details
- Operating Expense $12,000
- Gross Income $45,000
- Net Operating Income $33,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2016
Sold by
Elrod Lonnie
Bought by
Stanley Benjamin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.48%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Stanley Benjamin | $1,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | All 50-Malibudrive Llc | $10,700,000 | |
| Closed | All 50 Malibu Drive Llc | $12,000,000 | |
| Closed | All 50 Malibu Drive Llc | $6,250,000 | |
| Closed | Stanley Benjamin | $235,000 | |
| Closed | Stanley Benjamin | $120,000 | |
| Previous Owner | Elrod Lonnie | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2020 12/14/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $184,900 | 0.0% | $2 / Sq Ft |
| 06/30/2019 06/30/19 | Rented | $340,900 | +1.8% | -- |
| 05/14/2019 05/14/19 | Under Contract | -- | -- | -- |
| 05/03/2019 05/03/19 | For Rent | $334,900 | 0.0% | -- |
| 08/15/2018 08/15/18 | Sold | $2,520,000 | -- | $34 / 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 | $177,834 | $4,214,080 | $0 | $0 |
| 2023 | $109,546 | $2,595,880 | $0 | $0 |
| 2022 | $109,546 | $2,594,800 | $0 | $0 |
| 2021 | $109,546 | $1,192,120 | $0 | $0 |
| 2020 | $47,918 | $1,192,120 | $0 | $0 |
| 2019 | $47,918 | $1,192,120 | $0 | $0 |
| 2018 | $18,574 | $430,960 | $0 | $0 |
| 2017 | $5,344 | $430,960 | $0 | $0 |
| 2016 | $13,230 | $430,960 | $0 | $0 |
| 2015 | $18,164 | $430,960 | $0 | $0 |
| 2014 | $17,919 | $430,960 | $0 | $0 |
| 2013 | $35,090 | $801,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Stanley
-
M
Seller's Agent in 2016
Michael Allen
-
N
Buyer's Agent in 2016
NONMLS NONMLS
Map
Source: Realtracs
MLS Number: 1927481
APN: 080C-A-002.00
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