NOT LISTED FOR SALE

1270 Macedonia Dr Murfreesboro, TN 37130

Estimated Value: $762,148

-- Bed
8 Baths
3,700 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $434,900 $118 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,494/month

105 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Oakland High School Rated A-

About This Home

As of May 2019

Amazing investment opportunity! This 2-year-old fully rented quadplex is an investor dream. Units were rented before completion of construction and have consistently stayed rented. This is truly a great opportunity. Please don't disturb tenants.

Last Agent to Sell the Property

Jeramie Taber

Exit Realty Bob Lamb & Associates License #290589 Listed on: 02/07/2019

Exit Realty Bob Lamb & Associates

Last Buyer's Agent

Alan Worthy

eXp Realty License #343274

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,179

Year Built

  • Built in 2016

Lot Details

  • 1

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,700 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Driveway
  • Parking Lot
  • Unassigned Parking

Schools

  • John Pittard Elementary School
  • Oakland Middle School
  • Oakland High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,300
  • Assessor Parcel Number 081J B 08000 R0096846

Community Details

Overview

  • 4 Units
  • Briton Amended Sec 3 Subdivision

Building Details

  • Operating Expense $600
  • Gross Income $3,300
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,179

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2016
  • Inclusions: APPLN,NOFUR
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 3700
  • Building Area Units: Square Feet
  • Living Area: 3700
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 9
  • Parking Features: Concrete, Parking Lot, Unassigned
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Commercial
  • Lot Size: 138.57 X 177.95 IRR
  • Lot Size Units: Acres
  • Parcel #: 081J B 08000 R0096846
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 3300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2700
  • Number Of Units Total: 4
  • Annual Operating Expense: 600
  • Total Actual Rent: 3300

Tax Info

  • Tax Annual Amount: 4179

MLS Schools

  • Elementary School: John Pittard Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Oakland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
May 31, 2019
Sold by
Swanson Eric T and Swanson Lianne Sterling
Bought by
Montgomery Andrew C
Seller's Agent
Jeramie Taber
Exit Realty Bob Lamb & Associates
Buyer's Agent
Alan Worthy
eXp Realty
List Price
$434,900
Sold Price
$434,900
Current Estimated Value
$762,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,248
Avg. Annual Appreciation
9.22%
Original Mortgage
$427,022
Outstanding Balance
$380,215
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$381,933

Purchase Details

Listed on
Dec 27, 2015
Closed on
Feb 4, 2016
Sold by
Taber Jeramie J
Bought by
Swanson Eric T Lianne Sterli
Seller's Agent
Jeramie Taber
Exit Realty Bob Lamb & Associates
Buyer's Agent
Jeramie Taber
Exit Realty Bob Lamb & Associates
List Price
$379,900
Sold Price
$346,000
Premium/Discount to List
-$33,900
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
May 29, 2015
Sold by
F F & J Ventures
Bought by
Taber Jeramie 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
Montgomery Andrew C $434,900 Memorial Title Llc
Swanson Eric T Lianne Sterli $346,000 --
Taber Jeramie J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Andrew C $427,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $434,900 0.0% $118 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $434,900 +25.3% $118 / Sq Ft
12/31/2018 12/31/18 Off Market $347,000 -- --
11/03/2018 11/03/18 Price Changed $393,900 -1.5% $113 / Sq Ft
11/02/2018 11/02/18 For Sale $399,900 -16.7% $114 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $479,900 +26.3% $145 / Sq Ft
05/30/2018 05/30/18 For Sale $379,900 +9.5% $115 / Sq Ft
06/13/2016 06/13/16 Sold $347,000 +0.3% $99 / Sq Ft View Prior Sale
02/04/2016 02/04/16 Sold $346,000 -- $105 / Sq Ft View Prior Sale
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 $5,241 $185,280 $31,000 $154,280
2024 $5,241 $185,280 $31,000 $154,280
2023 $3,476 $185,280 $31,000 $154,280
2022 $2,994 $185,280 $31,000 $154,280
2021 $2,955 $133,160 $23,520 $109,640
2020 $2,955 $133,160 $23,520 $109,640
2019 $2,955 $133,160 $23,520 $109,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2009870

Realtracs

APN: 081J-B-080.00-000