NOT LISTED FOR SALE

1201 Kefauver St Manchester, TN 37355

Estimated Value: $320,000 - $542,000

6 Beds
4 Baths
5,744 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $190,000 $33 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,447/month

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • Carpet

About This Home

As of August 2015

Great income producing property, 8 units, 2 buildings, (4) 2 bedroom apts, (4) 1 bedroom apts., conveniently located in the middle of town, close to everything. New siding, replacement windows, the roof on 1 building is approx.3yrs old.

Last Agent to Sell the Property

Michelle Phillips

Century 21 Coffee County Realty & Auction Brokerage Phone: 9312734639 License # 312852 Listed on: 07/14/2015

Century 21 Coffee County Realty & Auction

Last Buyer's Agent

Michelle Phillips

Century 21 Coffee County Realty & Auction Brokerage Phone: 9312734639 License # 312852 Listed on: 07/14/2015

Century 21 Coffee County Realty & Auction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1925

Lot Details

  • 0.41

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,744 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Parking Lot

Schools

  • Manchester City Schools Elem. Elementary School
  • Westwood Middle School
  • Coffee County Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,475
  • The owner pays for water
  • Assessor Parcel Number 076O B 03600 000

Community Details

Overview

  • 8 Units
  • Fair Ground Subdivision

Building Details

  • Operating Expense $3,804
  • Gross Income $35,100
  • Net Operating Income $31,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1925
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 6
  • Above Grade Finished Sq Ft: 5744
  • Building Area Units: Square Feet
  • Living Area: 5744
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Wood Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 9
  • Parking Features: Parking Lot
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: None
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: RES
  • Lot Size Units: Acres
  • Parcel #: 076O B 03600 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 35100
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 31296
  • Number Of Units Total: 8
  • Annual Operating Expense: 3804
  • Total Actual Rent: 1475

Tax Info

  • Tax Annual Amount: 2799

MLS Schools

  • Elementary School: Manchester City Schools Elem.
  • High School: Coffee County Central High School
  • Middle Or Junior School: Westwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 31, 2015
Sold by
Tucker Jennifer L
Bought by
Cuthrell Jesse
Seller's Agent
Michelle Phillips
Century 21 Coffee County Realty & Auction
Buyer's Agent
Michelle Phillips
Century 21 Coffee County Realty & Auction
List Price
$151,500
Sold Price
$190,000
Premium/Discount to List
$38,500
25.41%
Current Estimated Value
$401,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,979
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Aug 22, 2006
Bought by
Tucker James S & Jennifer L Tucker Trustees R

Purchase Details

Closed on
Dec 14, 2001
Sold by
Brown Janetta E
Bought by
Jackson Barbara A

Purchase Details

Closed on
Dec 28, 1995
Bought by
Cagle Mai and Stone Danny

Purchase Details

Closed on
Dec 21, 1990
Bought by
Gilliland Billy R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuthrell Jesse $190,000 --
Cuthrell Jesse $190,000 --
Tucker James S & Jennifer L Tucker Trustees R $86,000 --
Jackson Barbara A $65,000 --
Cagle Mai $53,500 --
Gilliland Billy R $137,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 For Sale $151,500 -20.3% $26 / Sq Ft
07/09/2018 07/09/18 Off Market $190,000 -- --
01/08/2018 01/08/18 For Sale $151,500 -20.3% $26 / Sq Ft
12/22/2017 12/22/17 Off Market $190,000 -- --
08/31/2015 08/31/15 Sold $190,000 -- $33 / 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 $3,932 $93,280 $5,760 $87,520
2023 $3,932 $93,280 $0 $0
2022 $3,386 $93,280 $5,760 $87,520
2021 $3,502 $76,480 $4,800 $71,680
2020 $3,502 $76,480 $4,800 $71,680
2019 $3,502 $76,480 $4,800 $71,680
2018 $3,502 $76,480 $4,800 $71,680
2017 $3,653 $69,640 $4,800 $64,840
2016 $3,653 $69,640 $4,800 $64,840
2015 $3,653 $69,640 $4,800 $64,840
2014 $1,399 $26,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1651953

Realtracs

APN: 076O-B-036.00