NOT LISTED FOR SALE

Estimated Value: $242,000 - $876,000

-- Bed
7 Baths
6,668 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $650,000 $97 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,058/month

6 Days on Market

Highlights

  • 0.46 Acre Lot
  • Cooling Available
  • Central Heating
  • No HOA
  • Tile Flooring

About This Home

As of June 2021

This is an amazing investment opportunity! These multi-family units are near Fort Campbell and seem to rent very quickly! 6-plex with 4 Townhomes and (2)-Two-Bedroom flats around the back. This property has a recent new roof in 2019, new HVAC in unit B, and much more! 2 units are vacant at this time with the opportunity for a rental increase. Please give 48-hour notice for Property Management. Highest & best due 04/05/21 @ 5pm. Contact Malika Womack with any questions.

Last Agent to Sell the Property

Malika Womack

KKI Ventures, INC dba Marshall Reddick Real Estate License #331571 Listed on: 04/01/2021

Last Buyer's Agent

Kelly Kellett

Blue Cord Realty, LLC License # 256542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,425

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,668 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile
  • Vinyl

Schools

  • Kenwood Elementary School
  • Kenwood Middle School
  • Kenwood High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,625
  • Assessor Parcel Number 063030N J 00200 00003030N

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Parkway Place Subdivision

Building Details

  • Operating Expense $17,730
  • Gross Income $40,602
  • Net Operating Income $22,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,425

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1998
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Above Grade Finished Sq Ft: 6668
  • Building Area Units: Square Feet
  • Living Area: 6668
  • 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: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: C5
  • Lot Size Acres: 0.46
  • Lot Size: 124
  • Lot Size Units: Acres
  • Parcel #: 063030N J 00200 00003030N
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 40602
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 22872
  • Number Of Units Total: 6
  • Annual Operating Expense: 17730
  • Total Actual Rent: 2625

Tax Info

  • Tax Annual Amount: 5425

MLS Schools

  • Elementary School: Kenwood Elementary
  • High School: Kenwood High School
  • Middle Or Junior School: Kenwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 28, 2021
Sold by
Mandula Aravind and Mandula Selvee Aravind
Bought by
S & T Llc
Seller's Agent
Malika Womack
KKI Ventures, INC dba Marshall Reddick Real Estate
Buyer's Agent
Kelly Kellett
Blue Cord Realty, LLC
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$660,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,224
Avg. Annual Appreciation
4.17%
Original Mortgage
$487,500
Outstanding Balance
$447,097
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$322,992

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 22, 2017
Sold by
Oneal Gerald A
Bought by
Mandula Aravind and Mandula Selvee Aravind
Seller's Agent
Jane Ondocin
Berkshire Hathaway HomesServices Dean-Smith Realty
Buyer's Agent
Malika Womack
KKI Ventures, INC dba Marshall Reddick Real Estate
List Price
$625,000
Sold Price
$282,500
Premium/Discount to List
-$342,500
-54.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.74%
Original Mortgage
$226,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2013
Sold by
Oneal Gerald A
Bought by
Oneal Gerald A and The Oneal Revocable Living Tru

Purchase Details

Closed on
Dec 12, 2002
Sold by
Cross Samuel L
Bought by
O'Neal Gerald A
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
S & T Llc $650,000 Tennessee Title Services Llc
Mandula Aravind $282,500 --
Oneal Gerald A -- --
O'Neal Gerald A $160,825 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & T Llc $487,500
Previous Owner Mandula Aravind $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $650,000 0.0% $97 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $650,000 +130.1% $97 / Sq Ft
09/22/2017 09/22/17 Sold $282,500 -54.8% $42 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $625,000 -- $94 / 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 $5,533 $263,480 $0 $0
2023 $5,533 $134,960 $0 $0
2022 $5,695 $134,960 $0 $0
2021 $5,695 $134,960 $0 $0
2020 $5,425 $134,960 $0 $0
2019 $5,425 $134,960 $0 $0
2018 $5,265 $120,600 $0 $0
2017 $1,515 $122,160 $0 $0
2016 $3,750 $122,160 $0 $0
2015 $5,149 $122,160 $0 $0
2014 $5,079 $122,160 $0 $0
2013 $6,244 $142,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2240969

Realtracs

APN: 030N-J-002.00