NOT LISTED FOR SALE

1214 Pennock Ave Nashville, TN 37207

Cleveland Park Neighborhood

Estimated Value: $465,000 - $532,000

4 Beds
2 Baths
1,625 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $386,550 $238 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,068/month

66 Days on Market

Highlights

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

About This Home

As of November 2021

Great investment less than 2 miles from downtown. Make all offer contingent upon viewing the rear unit. DONOT Disturb renter in rear unit. Cash buyers only.

Last Agent to Sell the Property

Sylvester Armor

Armor Realty LLC License #268785 Listed on: 08/12/2021

Last Buyer's Agent

Sylvester Armor

Armor Realty LLC License #268785 Listed on: 08/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1932

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Alley Access
  • On-Street Parking

Schools

  • Jere Baxter Middle Elementary School
  • Hattie Cotton Elementary Middle School
  • Maplewood Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 07115041400

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Crutcher/Lindsley Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,649

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1932
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1625
  • Building Area Units: Square Feet
  • Living Area: 1625
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Alley Access, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Specific P
  • Lot Size Acres: 0.16
  • Lot Size: 50 X 150
  • Lot Size Units: Acres
  • Parcel #: 07115041400
  • Property Attached Yn: No

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 24000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 24000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2649

MLS Schools

  • Elementary School: Jere Baxter Middle School
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Hattie Cotton Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Patel Chandrakant and Patel Bhartiben
Bought by
1214 Pennock Avenue Llc
Current Estimated Value
$494,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Outstanding Balance
$406,974
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$104,420

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 10, 2021
Sold by
Hyde Eunice J
Bought by
Patel Chandrakani and Patel Bhartiben
Seller's Agent
Sylvester Armor
Armor Realty LLC
Buyer's Agent
Sylvester Armor
Armor Realty LLC
Sold Price
$386,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$300,300
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 1995
Bought by
Hude Eunice J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
1214 Pennock Avenue Llc -- None Listed On Document
Patel Chandrakani $386,550 Providence Title Llc
Hude Eunice J $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1214 Pennock Avenue Llc $413,000
Previous Owner Patel Chandrakani $300,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $386,550 -3.3% $238 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/04/2021 10/04/21 For Sale -- -- --
09/27/2021 09/27/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $399,900 -- $246 / 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 $4,510 $138,600 $60,000 $78,600
2023 $4,510 $138,600 $60,000 $78,600
2022 $4,183 $114,080 $60,000 $54,080
2021 $3,751 $114,080 $60,000 $54,080
2020 $2,649 $62,760 $40,000 $22,760
2019 $1,980 $62,760 $40,000 $22,760
2018 $1,980 $62,760 $40,000 $22,760
2017 $1,980 $62,760 $40,000 $22,760
2016 $1,559 $34,520 $10,800 $23,720
2015 $1,559 $34,520 $10,800 $23,720
2014 $1,559 $34,520 $10,800 $23,720
Source: Public Records

Agents Affiliated with this Home

  • Sylvester Armor

    Seller's Agent in 2021

    Sylvester Armor

    Armor Realty LLC

    (615) 485-9211

    1 in this area

    11 Total Sales

    Sylvester Armor
    Section Image
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Map

Source: Realtracs

MLS Number: 2282131

Realtracs

APN: 071-15-0-414

Tennessee Davidson County Nashville 37207 Cleveland Park

1214 Pennock Ave, Nashville, TN

This home is located at 1214 Pennock Ave, Nashville, TN 37207 since 12 August 2021 and is currently estimated at $494,027, approximately $304 per square foot. This property was built in 1932. 1214 Pennock Ave is a home located in Davidson County with nearby schools including Shwab Elementary School, Jere Baxter Middle, and Maplewood Comprehensive High School.

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.

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