NOT LISTED FOR SALE

1300 Green Ln Shelbyville, TN 37160

Estimated Value: $338,948 - $401,000

-- Bed
4 Baths
2,000 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $328,000 $164 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,205/month

13 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of August 2024

This beautiful duplex is just what the right investor is looking for! These 2 units consisting of 2 Bedrooms and 2 Bathrooms also has LVP flooring, brick exterior, full concrete front yard for parking, granite countertops, cedar posts, and much more. Unit A is rented for $1300 a month and Unit B is rented for $1250 a month with both sets of tenants paying their own utilities.

Last Agent to Sell the Property

Christopher (Bra Heath

Simmons Realty Brokerage Phone: 9312243257 License # 366339 Listed on: 07/10/2024

Last Buyer's Agent

Arezoo Delaram

Crye-Leike, Inc., REALTORS License #356837

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 2022

Lot Details

  • 0.28

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Washer and Electric Dryer Hookup

Schools

  • Eakin Elementary School
  • Harris Middle School
  • Shelbyville Central High School

Additional Features

  • Lot Dimensions are 69.37 x 178.45
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,550
  • Tax Lot A&B
  • Assessor Parcel Number 078G K 00401 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,320
  • Gross Income $30,600
  • Net Operating Income $29,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,577

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2022
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Above Grade Finished Sq Ft: 2000
  • Building Area Units: Square Feet
  • Living Area: 2000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-2
  • Lot Size: 69.37 X 178.45
  • Lot Size Units: Acres
  • Parcel #: 078G K 00401 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 30600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 29280
  • Number Of Units Total: 2
  • Annual Operating Expense: 1320
  • Total Actual Rent: 2550

Tax Info

  • Tax Annual Amount: 3577
  • Tax Lot: A&B

MLS Schools

  • Elementary School: Eakin Elementary
  • High School: Shelbyville Central High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 21, 2024
Sold by
Heath Chris
Bought by
Hamidi Hesari Anis
Seller's Agent
Christopher (Bra Heath
Simmons Realty
Buyer's Agent
Arezoo Delaram
Crye-Leike, Inc., REALTORS
List Price
$360,000
Sold Price
$328,000
Premium/Discount to List
-$32,000
-8.89%
Views
9
Current Estimated Value
$361,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,237
Avg. Annual Appreciation
7.96%
Original Mortgage
$322,059
Outstanding Balance
$318,138
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$43,099

Purchase Details

Closed on
Nov 5, 2020
Sold by
G & R Properties
Bought by
Heath Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 2015
Sold by
James Jesse E
Bought by
Wilhelm Richard and Rucker Greg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamidi Hesari Anis $328,000 None Listed On Document
Heath Chris $79,900 None Available
Wilhelm Richard $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamidi Hesari Anis $322,059
Previous Owner Heath Chris $63,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $328,000 -8.9% $164 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $360,000 -- $180 / 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
2025 -- $94,000 $0 $0
2024 -- $94,000 $8,000 $86,000
2023 $3,577 $94,000 $8,000 $86,000
2022 $196 $5,000 $5,000 $0
2021 $178 $5,000 $5,000 $0
2020 $111 $5,000 $5,000 $0
2019 $111 $2,500 $2,500 $0
2018 $108 $2,500 $2,500 $0
2017 $108 $2,500 $2,500 $0
2016 $107 $2,500 $2,500 $0
2015 $107 $2,500 $2,500 $0
2014 $98 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2677261

Realtracs

APN: 078G-K-004.01