NOT LISTED FOR SALE

Estimated Value: $354,000 - $466,000

5 Beds
2 Baths
2,100 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $180,000 $86 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,434/month

Highlights

  • Wood Flooring
  • Central Heating
  • Wood Siding
  • Cooling Available

About This Home

As of December 2017

Don't miss out on this great investment property! 128 Tusculum Road is an easy way to start your investment portfolio with both units currently being leased by tenants.

Last Agent to Sell the Property

Jeremy Pittman

Keller Williams Realty Nashville/Franklin License #301630 Listed on: 10/05/2017

Keller Williams Realty Nashville/Franklin

Last Buyer's Agent

Gregg Treadway

Treadway, REALTORS, LLC License #284542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60 x 171

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Cole Elementary School
  • Antioch Middle School
  • Cane Ridge High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,600
  • Assessor Parcel Number 16207012800

Community Details

Overview

  • 2 Units
  • Antioch Park Subdivision

Building Details

  • Operating Expense $160
  • Gross Income $1,600
  • Net Operating Income $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,070

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Inclusions: NOFUR
  • Unit Levels: Two
  • 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, Finished Wood, Tile
  • 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: Brick, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: R10
  • Lot Size Acres: 0.27
  • Lot Size: 60 X 171
  • Lot Size Units: Acres
  • Parcel #: 16207012800
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1440
  • Number Of Units Total: 2
  • Annual Operating Expense: 160
  • Total Actual Rent: 1600

Tax Info

  • Tax Annual Amount: 2070

MLS Schools

  • Elementary School: Cole Elementary
  • High School: Cane Ridge High School
  • Middle Or Junior School: Antioch Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Dec 12, 2017
Sold by
Rhoades Willie Daniel
Bought by
Alsadi Wissam
Seller's Agent
Jeremy Pittman
Keller Williams Realty Nashville/Franklin
Buyer's Agent
Gregg Treadway
Treadway, REALTORS, LLC
List Price
$257,920
Sold Price
$180,000
Premium/Discount to List
-$77,920
-30.21%
Current Estimated Value
$391,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,223
Avg. Annual Appreciation
11.16%
Original Mortgage
$144,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
First Tennessee Bank Na
Bought by
Rhodes Willie Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 16, 2010
Sold by
Federal National Mortgage Association
Bought by
First Tennessee Bank Na

Purchase Details

Closed on
Jul 6, 2010
Sold by
Mohaghegh Abdorrhman
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2001
Sold by
Grass Ray G and Grass Mary Anne
Bought by
Baneadam Sakineh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Alsadi Wissam $180,000 Bridgehouse Title
Rhodes Willie Daniel $35,000 None Available
First Tennessee Bank Na -- None Available
Federal National Mortgage Association $28,640 None Available
Baneadam Sakineh $105,000 --
Mohaghegh Abdorrhman $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsadi Wissam $220,500
Closed Alsadi Wissam $144,000
Previous Owner Rhodes Willie D $17,600
Previous Owner Rhodes Willie Daniel $85,000
Previous Owner Rhodes Willie Daniel $60,500
Previous Owner Rhodes Willie Daniel $46,000
Previous Owner Mohaghegh Abdorrhman $60,776
Previous Owner Mohaghegh Abdorrhman $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $257,920 +43.3% $123 / Sq Ft
12/14/2017 12/14/17 Sold $180,000 -- $86 / 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 $3,621 $111,280 $18,000 $93,280
2023 $3,621 $111,280 $18,000 $93,280
2022 $3,621 $111,280 $18,000 $93,280
2021 $3,659 $111,280 $18,000 $93,280
2020 $2,821 $66,840 $11,200 $55,640
2019 $2,109 $66,840 $11,200 $55,640
2018 $2,109 $66,840 $11,200 $55,640
2017 $2,109 $66,840 $11,200 $55,640
2016 $2,070 $45,840 $9,600 $36,240
2015 $2,070 $45,840 $9,600 $36,240
2014 $2,070 $45,840 $9,600 $36,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1869779

Realtracs

APN: 162-07-0-128