NOT LISTED FOR SALE

Estimated Value: $406,000 - $476,000

-- Bed
3 Baths
2,700 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $395,000 $146 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,515/month

53 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Exterior Cameras
  • Wood Flooring
  • Porch
  • 3-minute walk to Cool Springs Park

About This Home

As of January 2023

This professionally managed triplex is in the heart of Cool Springs and less than 1 mile from Trolley Square. Potential gross rent is $42,600 annually. All tenants are up to date with rent and full security deposits.

The neighborhood is family friendly with annual street festivals and community events. The building is located down the street from 2 award winning private schools and less than 5 minutes from the Blue Rocks Baseball Stadium.

Units have recently been renovated with upgrades and appliances. Each unit has a private entrance, separate gas/electric metering, and baseboard heaters. Coin operated laundry machines are in the basement along with ample storage. Tenants pay their own utilities except for water, sewage, and trash.

Enjoy a low maintenance, high yielding investment property in a great community. Book all appointments with listing agent. Please do not disturb tenants. One unit is currently vacant and available for a scheduled showing.

Last Agent to Sell the Property

Chidozie Osueke

Concord Realty Group License #RS0025138 Listed on: 10/19/2022

Concord Realty Group

Last Buyer's Agent

Robert 'Bob' Blackhurst

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1900 | Remodeled in 2021

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 22.00 x 136.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Chimney Cap

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Stove
  • ENERGY STAR Qualified Refrigerator

Laundry

  • Electric Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Exterior Cameras
  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Lighting

Outdoor Features

  • Porch

Schools

  • William C. Lewis Dual Language Elementary School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 120/240V
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water, common area maintenance
  • Assessor Parcel Number 26-027.20-025

Community Details

Overview

  • 3 Units
  • 3-Story Building
  • Silver Springs Subdivision

Building Details

  • Gross Income $39,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,833

Year Built

Built in 1900 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 48"+ Halls
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2021
  • Automatically Close On Close Date: Yes
  • Remarks Public: This professionally managed triplex is in the heart of Cool Springs and less than 1 mile from Trolley Square. Potential gross rent is $42,600 annually. All tenants are up to date with rent and full security deposits. The neighborhood is family friendly with annual street festivals and community events. The building is located down the street from 2 award winning private schools and less than 5 minutes from the Blue Rocks Baseball Stadium. Units have recently been renovated with upgrades and appliances. Each unit has a private entrance, separate gas/electric metering, and baseboard heaters. Coin operated laundry machines are in the basement along with ample storage. Tenants pay their own utilities except for water, sewage, and trash. Enjoy a low maintenance, high yielding investment property in a great community. Book all appointments with listing agent. Please do not disturb tenants. One unit is currently vacant and available for a scheduled showing.
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer - Electric, Energy Star Clothes Washer, Energy Star Refrigerator, Oven/Range - Gas, Refrigerator, Stove, Oven - Wall
  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Room Count: 16
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 147.78
  • Above Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1310

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Chimney Cap(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 110 Volts, 100 Amp Service, 120/240V, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System, Carbon Monoxide Detector(s), Exterior Cameras, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Water Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • Elementary School: WILLIAM C. LEWIS DUAL LANGUAGE
  • Elementary School Source: 3rd Party
  • School District Key: 300200396545
  • School District Source: 3rd Party
  • Elementary School: WILLIAM C. LEWIS DUAL LANGUAGE

Green Features

  • Efficiency: Lighting, Exposure/Shade
  • Green Sustainability: Conserving Materials/Methods, Renewable Materials

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 22.00 x 136.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Sewer, Taxes - Real Estate, Water, Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 39420.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2403613
  • Tax Annual Amount: 1833.00
  • Assessor Parcel Number: 26-027.20-025
  • Tax Year: 2021
  • Close Date: 01/31/2023

Multi Family

  • Gross Income: 39420.00
  • Gross Scheduled Income: 39420.00

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jan 31, 2023
Sold by
Osueke Chidozie S
Bought by
Robinson Winston
Seller's Agent
Chidozie Osueke
Concord Realty Group
Buyer's Agent
Robert 'Bob' Blackhurst
Compass
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Total Days on Market
53
Views
76
Current Estimated Value
$441,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,000
Avg. Annual Appreciation
4.80%
Original Mortgage
$387,845
Outstanding Balance
$377,664
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$63,336

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jun 3, 2019
Sold by
Hamm Howard and Hamm Dinah A
Bought by
Osueke Chidozie S
Seller's Agent
Tia Gianakis
Concord Realty Group
Buyer's Agent
Tia Gianakis
Concord Realty Group
Sold Price
$875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2008
Sold by
Estate Of Anne D Hall
Bought by
Hamm Howard and Hamm Dinah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Robinson Winston -- --
Osueke Chidozie S -- None Available
Hamm Howard $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Winston $387,845
Previous Owner Osueke Chidozie S $221,600
Previous Owner Hamm Howard $125,000
Previous Owner Hamm Howard $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $395,000 -1.0% $146 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $399,000 0.0% $148 / Sq Ft
05/15/2019 05/15/19 Rented $875 0.0% --
04/15/2019 04/15/19 Under Contract -- -- --
03/16/2019 03/16/19 Price Changed $875 -7.9% $1 / Sq Ft
03/12/2019 03/12/19 For Rent $950 -- --
Source: Bright MLS

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 $2,103 $67,400 $14,800 $52,600
2023 $1,828 $67,400 $14,800 $52,600
2022 $1,836 $67,400 $14,800 $52,600
2021 $1,833 $67,400 $14,800 $52,600
2020 $1,844 $67,400 $14,800 $52,600
2019 $3,185 $67,400 $14,800 $52,600
2018 $1,624 $67,400 $14,800 $52,600
2017 $2,986 $67,400 $14,800 $52,600
2016 $2,986 $67,400 $14,800 $52,600
2015 $2,856 $67,400 $14,800 $52,600
2014 $2,711 $67,400 $14,800 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2033046

Bright MLS

APN: 26-027.20-025