$330,000
SOLD MAR 5, 2025

1225 N Spring St Murfreesboro, TN 37130

4 Beds
2 Baths
1,498 Sq Ft
0.28 Acres

Recently Sold

$220 Per Sq Ft

21 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Property has 1 Level
  • Siegel Middle School Rated A-
  • Central Heating

About This Home

As of March 2025

PUBLIC AUCTION on Feb 6 @ 11:00am. Income Producing Duplex Near MTSU & Downtown Murfreesboro! Don’t miss this incredible investment opportunity. One tenant has rented for over 19 years. Each unit offers 2 bedrooms and 1 bath. Individual utility meters. One unit is month to month. Second unit's lease expires 3/24/2025. This property is ideal for owner-occupiers or investors. Be sure to join and follow us on sale day rain or shine!! Viewing day of sale only. Please do not disturb the tenants. TERMS: 10% down day of sale, balance due in 30 days. 10% Buyer’s Premium added to bid to determine final sale price. TAXES: Prorated POSSESSION: With Deed

Last Agent to Sell the Property

Vandy VanMeter

Parks Auction & Realty Brokerage Phone: 6155425165 License #306166 Listed on: 01/15/2025

Parks Auction & Realty

Co-Listed By

Keith Strain

Parks Auction & Realty Brokerage Phone: 6155425165 License # 260347

Last Buyer's Agent

Vandy VanMeter

Parks Auction & Realty Brokerage Phone: 6155425165 License #306166 Listed on: 01/15/2025

Parks Auction & Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1935

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Mitchell-Neilson Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number 091D G 00600 R0054728

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hembree Est Subdivision

Building Details

  • Gross Income $16,800
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,016

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1935
  • Inclusions: OTHER
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6155425165
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1498
  • Building Area Units: Square Feet
  • Living Area: 1498
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • 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: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 70 X 176 M
  • Lot Size Units: Acres
  • Parcel #: 091D G 00600 R0054728
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 16800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 1400

Tax Info

  • Tax Annual Amount: 3016

MLS Schools

  • Elementary School: Mitchell-Neilson Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 5, 2025
Sold by
Hopkins Group Llc
Bought by
Cole Lee and Cole Trenton
Seller's Agent
Vandy VanMeter
Parks Auction & Realty
Buyer's Agent
Vandy VanMeter
Parks Auction & Realty
Sold Price
$330,000
Views
23
Current Estimated Value
$328,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,348
Avg. Annual Appreciation
-1.64%

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 1, 2018
Sold by
Tennessee Investment Group Llc
Bought by
The Hopkins Grou Llc
Seller's Agent
Jeramie Taber
Exit Realty Bob Lamb & Associates
Buyer's Agent
Jonathan Harmon
Exit Realty Bob Lamb & Associates
List Price
$425,000
Sold Price
$150,000
Premium/Discount to List
-$275,000
-64.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$120,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 3, 2016
Sold by
Brown Don Alan
Bought by
Tennessee Investment Group Llc
Seller's Agent
Gregory Goff
Exit Realty Bob Lamb & Associates
Buyer's Agent
Jeramie Taber
Exit Realty Bob Lamb & Associates
List Price
$285,000
Sold Price
$123,000
Premium/Discount to List
-$162,000
-56.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$98,400
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2013
Sold by
Ratley Allie Marie
Bought by
Brown Don Alan

Purchase Details

Closed on
Mar 26, 2013
Sold by
Brown Don Alan
Bought by
Ratley Allie Marie

Purchase Details

Closed on
Nov 7, 2011
Sold by
Brown Barbara H Est
Bought by
Brown Don Alan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 Gateway Title
Warranty Deed $330,000 Gateway Title
Warranty Deed $150,000 Memorial Title Llc
Warranty Deed $123,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $552,800 Credit Line Revolving
Previous Owner $120,000 Commercial
Previous Owner $98,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $330,000 +120.0% $220 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/15/2025 01/15/25 For Sale -- -- --
07/12/2021 07/12/21 Off Market $150,000 -- --
06/24/2021 06/24/21 For Sale $425,000 +183.3% $304 / Sq Ft
11/01/2018 11/01/18 Sold $150,000 -47.4% $107 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $285,000 +131.7% $204 / Sq Ft
06/03/2016 06/03/16 Sold $123,000 -- $88 / 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
2025 $3,015 $106,600 $19,000 $87,600
2024 $3,015 $106,600 $19,000 $87,600
2023 $2,000 $106,600 $19,000 $87,600
2022 $1,723 $106,600 $19,000 $87,600
2021 $1,782 $80,280 $15,400 $64,880
2020 $1,782 $80,280 $15,400 $64,880
2019 $1,782 $80,280 $15,400 $64,880
2018 $1,478 $48,480 $0 $0
2017 $1,249 $32,120 $0 $0
2016 $1,249 $32,120 $0 $0
2015 $1,249 $32,120 $0 $0
2014 $799 $32,120 $0 $0
2013 -- $35,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2778547

Realtracs

APN: 091D-G-006.00-000