NOT LISTED FOR SALE

Estimated Value: $466,000

4 Beds
2 Baths
1,607 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $430,000 $268 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,000/month

1 Day on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Cooling Available
  • Wood Flooring
  • 2 Car Attached Garage
  • Central Heating

About This Home

As of May 2022

Rare opportunity to purchase an Income Producing Duplex in 37216. Potential to rezone lot for multiple units or convert to SFR and or add another SFR. This unit has been well maintained. Existing leases run through July 31, 2022 and August 31, 2022. Home Renovations and New builds occurring on this street and many in the area. DO NOT DISTURB THE TENANTS. PLEASE MAKE OFFER CONTINGENT ON VIEWING AFTER BINDING AGREEMENT.

Last Agent to Sell the Property

Brad Shoulders

Vision Realty Partners, LLC License #318206 Listed on: 05/04/2022

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1965

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 100 x 250

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile

Schools

  • Inglewood Elementary School
  • Isaac Litton Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,500
  • Tax Lot 69
  • Assessor Parcel Number 07207014700

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kenmore Place Subdivision

Building Details

  • Operating Expense $5,400
  • Gross Income $30,000
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,816

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1965
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Above Grade Finished Sq Ft: 1607
  • Building Area Units: Square Feet
  • Living Area: 1607
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached, Attached
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS7
  • Lot Size Acres: 0.59
  • Lot Size: 100 X 250
  • Lot Size Units: Acres
  • Parcel #: 07207014700
  • Property Attached Yn: No

Multi Family

  • Gross Income: 30000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 24600
  • Number Of Units Total: 2
  • Annual Operating Expense: 5400
  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 4816
  • Tax Lot: 69

MLS Schools

  • Elementary School: Inglewood Elementary
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Isaac Litton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Hull Michael T
Bought by
Bars Bradley J
Current Estimated Value
$466,000

Purchase Details

Listed on
May 4, 2022
Closed on
May 25, 2022
Sold by
Pigskin Properties Llc
Bought by
Hull Michael
Seller's Agent
Brad Shoulders
Vision Realty Partners, LLC
Buyer's Agent
NONMLS NONMLS
List Price
$415,000
Sold Price
$430,000
Premium/Discount to List
$15,000
3.61%

Purchase Details

Closed on
Aug 25, 2021
Sold by
Braswell Leigh Ann
Bought by
Pigskin Properties Llc

Purchase Details

Closed on
Feb 7, 2017
Sold by
Pigskin Properties Llc
Bought by
Braswell Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Collins Betty J
Bought by
Pigskin Properties Llc

Purchase Details

Closed on
Apr 29, 2002
Sold by
Mccullough Stephen K
Bought by
Collins Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
7.16%

Purchase Details

Closed on
Dec 10, 2001
Sold by
Lockhart Harold and Lockhart Emelina
Bought by
Mccullough Stephen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,247
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bars Bradley J -- --
Herwigs Holdings Llc -- --
Hull Michael $430,000 Four Star Title
Pigskin Properties Llc -- Four Star Title Llc
Braswell Leigh Ann -- Four Star Title
Pigskin Properties Llc $100,000 Homeland Title Llc
Collins Betty J $121,500 --
Mccullough Stephen K $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braswell Leigh Ann Mishelle $189,000
Previous Owner Collins Betty J $24,300
Previous Owner Collins Betty J $97,200
Previous Owner Mccullough Stephen K $95,247
Closed Collins Betty J $24,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $430,000 +3.6% $268 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $415,000 -- $258 / 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 $3,468 $146,480 $66,000 $80,480
2021 $4,816 $146,480 $66,000 $80,480
2020 $3,959 $93,800 $55,000 $38,800
2019 $2,959 $93,800 $55,000 $38,800
2018 $2,959 $93,800 $55,000 $38,800
2017 $2,959 $93,800 $55,000 $38,800
2016 $2,569 $56,880 $17,600 $39,280
2015 $2,569 $56,880 $17,600 $39,280
2014 $2,569 $56,880 $17,600 $39,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2382560

Realtracs

APN: 072-07-0-147