NOT LISTED FOR SALE

124 7th Ave Columbia, TN 38401

Estimated Value: $359,432

5 Beds
4 Baths
2,100 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $235,000 $112 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,259/month

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2019

Cashflow turnkey quadplex producing $2650 a month in rents. Total of 4 units. Front house with 2 units plus an additional structure down the driveway with 2 additional units. Property in good shape!

Last Agent to Sell the Property

Joshua Ellis

The Sapphire Group Real Estate Brokerage Phone: 6157088535 License #331089 Listed on: 07/25/2019

Last Buyer's Agent

Kristen South

Sta Pro Realty, LLC License # 339520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1940

Home Design

  • Quadruplex
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Battle Creek Elementary School
  • Battle Creek Middle School
  • Columbia Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,645
  • The owner pays for water
  • Assessor Parcel Number 090I D 01200 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Riverside Subdivision

Building Details

  • Operating Expense $100
  • Gross Income $2,650
  • Net Operating Income $2,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,353

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: HIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6157088535
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 2100
  • Building Area Units: Square Feet
  • Living Area: 2100
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum 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: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Multi Fam
  • Lot Size Units: Acres
  • Parcel #: 090I D 01200 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 2650
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2550
  • Number Of Units Total: 4
  • Annual Operating Expense: 100
  • Total Actual Rent: 2645

Tax Info

  • Tax Annual Amount: 1353

MLS Schools

  • Elementary School: Battle Creek Elementary School
  • High School: Columbia Central High School
  • Middle Or Junior School: Battle Creek Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Hirschy Jeannette
Bought by
Descisciolo Chayson M and Seradsky Michael C
Current Estimated Value
$359,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Outstanding Balance
$108,245
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 25, 2019
Closed on
Jul 31, 2019
Sold by
Nicodemus Ethan and Ellis Joshua
Bought by
Hirschy Jeannette
Seller's Agent
Joshua Ellis
The Sapphire Group Real Estate
Buyer's Agent
Kristen South
Sta Pro Realty, LLC
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
May 15, 2019
Sold by
Hazard Steven B and Hazard Vicki W
Bought by
Nicodemus Ethan and Ellis Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2005
Sold by
Floyd Mary Sue Scott
Bought by
Hazard Steven B and Hazard Vicki W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,220
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 1959
Bought by
Scott Sallie Sue D
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
Descisciolo Chayson M $255,000 Rudy Title And Escrow Llc
Hirschy Jeannette $235,000 Homeland Title Llc
Nicodemus Ethan $180,000 Homeland Title Llc
Hazard Steven B $92,450 Roberts Land Title
Scott Sallie Sue D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Descisciolo Chayson M $121,800
Previous Owner Hirschy Jeannette $118,000
Previous Owner Nicodemus Ethan $180,000
Previous Owner Hazard Steven B $94,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $235,000 -6.0% $112 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $250,000 -- $119 / 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
2022 $2,768 $101,200 $7,800 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2064720

Realtracs

APN: 090I-D-012.00