NOT LISTED FOR SALE

1427C McGavock Pike Nashville, TN 37216

Inglewood Neighborhood

Estimated Value: $432,000 - $502,000

3 Beds
2 Baths
1,416 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $465,000 $328 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,685/month

Highlights

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

About This Home

As of August 2023

Investor's Dream! This charming duplex offers two unique living spaces. The first unit features a spacious one-bedroom, one-bath with estimated 600 square feet of living space. The second unit features a two-bedroom, one-bath with estimated 816 square feet of living space. Both units have hardwood floors, laminate, tile. The back two-bedroom unit features a private deck, and a fenced backyard. The property is located close to schools, shopping, and restaurants. Don't miss out on this opportunity to own a unique duplex in a great location! All parties agree that Property is sold “as is” Viewing contingent on acceptable offer/contract. Do not disturb the Tenants.

Last Agent to Sell the Property

James Pewitt, SFR, ABR, CNE

The Ashton Real Estate Group of RE/MAX Advantage License #306394 Listed on: 07/03/2023

The Ashton Real Estate Group of RE/MAX Advantage

Last Buyer's Agent

James Pewitt, SFR, ABR, CNE

The Ashton Real Estate Group of RE/MAX Advantage License #306394 Listed on: 07/03/2023

The Ashton Real Estate Group of RE/MAX Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 210

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Dan Mills Elementary School
  • Isaac Litton Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,800
  • The owner pays for water
  • Assessor Parcel Number 07207028200

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • R M Dudleys Subdivision

Building Details

  • Operating Expense $3,000
  • Gross Income $33,600
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,539

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1964
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1416
  • Building Area Units: Square Feet
  • Living Area: 1416
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • 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, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Rs7.5
  • Lot Size Acres: 0.22
  • Lot Size: 50 X 210
  • Lot Size Units: Acres
  • Parcel #: 07207028200
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 33600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 30600
  • Number Of Units Total: 2
  • Annual Operating Expense: 3000
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 2539

MLS Schools

  • Elementary School: Dan Mills Elementary
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Isaac Litton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 15, 2023
Sold by
Smith Bradford W
Bought by
Batson Jonathan Nicholas and Batson Jeremy Matthew
Seller's Agent
James Pewitt, SFR, ABR, CNE
The Ashton Real Estate Group of RE/MAX Advantage
Buyer's Agent
James Pewitt, SFR, ABR, CNE
The Ashton Real Estate Group of RE/MAX Advantage
List Price
$510,000
Sold Price
$465,000
Premium/Discount to List
-$45,000
-8.82%
Views
4
Current Estimated Value
$472,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,477
Avg. Annual Appreciation
0.73%
Original Mortgage
$325,500
Outstanding Balance
$318,083
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$154,394

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 4, 2016
Sold by
Pyle Danny R
Bought by
Smith Bradford W
Seller's Agent
Mark Musser
Benchmark Realty, LLC
Buyer's Agent
James Pewitt, SFR, ABR, CNE
The Ashton Real Estate Group of RE/MAX Advantage
List Price
$1,750
Sold Price
$270,000
Premium/Discount to List
$268,250
15328.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$212,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1997
Sold by
Roller Ronnie Lee
Bought by
Pyle Danny R
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
Batson Jonathan Nicholas $465,000 Lehman Title
Smith Bradford W $270,000 Realty Title & Escrow Co Inc
Pyle Danny R $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batson Jonathan Nicholas $325,500
Previous Owner Smith Bradford W $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2023 08/16/23 Sold $465,000 -8.8% $328 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $510,000 +31284.6% $360 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/19/2019 03/19/19 Price Changed $1,625 -4.4% $1 / Sq Ft
03/12/2019 03/12/19 Price Changed $1,700 -2.9% $1 / Sq Ft
03/08/2019 03/08/19 For Sale $1,750 -99.4% $1 / Sq Ft
11/16/2016 11/16/16 Sold $270,000 -- $191 / 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
2024 $2,539 $78,025 $35,000 $43,025
2023 $2,539 $78,025 $35,000 $43,025
2022 $2,539 $78,025 $35,000 $43,025
2021 $2,565 $78,025 $35,000 $43,025
2020 $2,409 $57,075 $28,750 $28,325
2019 $1,801 $57,075 $28,750 $28,325
2018 $1,801 $57,075 $28,750 $28,325
2017 $1,801 $57,075 $28,750 $28,325
2016 $1,334 $29,550 $9,250 $20,300
2015 $1,334 $29,550 $9,250 $20,300
2014 $1,334 $29,550 $9,250 $20,300
Source: Public Records

Agents Affiliated with this Home

  • James Pewitt, SFR, ABR, CNE

    Seller's Agent in 2023

    James Pewitt, SFR, ABR, CNE

    Gary Ashton Realt Estate

    (615) 278-9403

    1 in this area

    30 Total Sales

    James Pewitt, SFR, ABR, CNE
    Section Image
  • Mark Musser

    Seller's Agent in 2016

    Mark Musser

    Benchmark Realty, LLC

    (615) 650-7447

    3 in this area

    51 Total Sales

    Mark Musser
    Section Image
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Map

Source: Realtracs

MLS Number: 2543491

Realtracs

APN: 072-07-0-282

Tennessee Davidson County Nashville 37216 Inglewood

1427C McGavock Pike, Nashville, TN

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