NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,171,000

3 Beds
2 Baths
1,469 Sq Ft
$694/Sq Ft Est. Value

Last Sold October 15, 2017

Last sale price $375,000 $255 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $6,148/month

27 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • Property has 1 Level
  • Tile Flooring

About This Home

As of October 2017

Unique Investment Opportunity. Duplex located in Lockeland Springs area of East Nashville. Walking distance to Five Points & Great Restaurants. Side A has 1 Bedroom, 1 Bath with Dining Area, Side B has 2 Bedrooms & 1 Bath. Original Hardwood Floors, could be converted to Single Family if desired.

Last Agent to Sell the Property

Joy Boykin

Coldwell Banker Southern Realty Brokerage Phone: 6159434256 License #209422 Listed on: 08/18/2017

Coldwell Banker Southern Realty

Last Buyer's Agent

Kimberly Jeffcoat

Keller Williams Realty Nashville/Franklin License # 325515

Keller Williams Realty Nashville/Franklin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,469 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Warner Elementary Enhanced Option
  • Stratford Stem Magnet School Lower Campus Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $2,800
  • Assessor Parcel Number 08309037600

Community Details

Overview

  • 2 Units
  • Lindsley 29 Ac Subdivision

Building Details

  • Operating Expense $3,230
  • Gross Income $31,200
  • Net Operating Income $27,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,230

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: HIST
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 6159434256
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 3
  • Above Grade Finished Sq Ft: 1469
  • Building Area Units: Square Feet
  • Living Area: 1469
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: R6
  • Lot Size Acres: 0.17
  • Lot Size: 50 X 150
  • Lot Size Units: Acres
  • Parcel #: 08309037600
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 27970
  • Number Of Units Total: 2
  • Annual Operating Expense: 3230
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 3230

MLS Schools

  • Elementary School: Warner Elementary Enhanced Option
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Stratford STEM Magnet School Lower Campus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Swan James M and Swan Jennifer J
Bought by
Silk Purse Properties Llc
Current Estimated Value
$979,833

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 12, 2017
Sold by
Cunnigham Vicki L
Bought by
Swan Jennifer and Swan James
Seller's Agent
Joy Boykin
Coldwell Banker Southern Realty
Buyer's Agent
Kimberly Jeffcoat
Keller Williams Realty Nashville/Franklin
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Jan 5, 2012
Sold by
Cunningham Ronnie D
Bought by
Cunningham Vicki L

Purchase Details

Closed on
Oct 9, 2000
Sold by
Burkett Philip Todd
Bought by
Cunningham Ronnie D and Cunningham Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.96%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Fisher William T
Bought by
Burkett Philip Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.96%
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
Silk Purse Properties Llc -- None Available
Swan Jennifer $375,000 Legacy Title & Escrow Llc
Cunningham Vicki L -- None Available
Cunningham Ronnie D $60,000 Watauga Title Company
Burkett Philip Todd $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Ronnie D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2017 10/15/17 Sold $375,000 -6.3% $255 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $400,000 -- $272 / 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 $9,394 $288,680 $125,000 $163,680
2023 $9,394 $288,680 $125,000 $163,680
2022 $9,394 $288,680 $125,000 $163,680
2021 $9,492 $288,680 $125,000 $163,680
2020 $10,620 $251,600 $72,000 $179,600
2019 $7,938 $251,600 $72,000 $179,600
2018 $2,340 $74,175 $45,000 $29,175
2017 $515 $118,680 $72,000 $46,680
2016 $3,230 $71,520 $34,000 $37,520
2015 $3,230 $71,520 $34,000 $37,520
2014 -- $71,520 $34,000 $37,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1856273

Realtracs

APN: 083-09-0-376