NOT LISTED FOR SALE

Estimated Value: $386,000 - $532,000

4 Beds
2 Baths
1,404 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $245,000 $175 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,762/month

5 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Property has 1 Level
  • Central Heating

About This Home

As of December 2019

Calling East Nashville investors! Great investment potential! Both sides currently leased month to month. Section 8 approved. Large flat lot with plenty of parking. New Roof in 2018. New HVAC on one side. Easy access to Ellington and I-24. This unique opportunity won't last long.

Last Agent to Sell the Property

Frank Miles

Compass Tennessee, LLC License #318716 Listed on: 09/27/2019

Compass Tennessee, LLC

Co-Listed By

Nikki Sanders

Compass Tennessee, LLC License # 289141

Last Buyer's Agent

Debra Grimes

Benchmark Realty, LLC License #327121

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,128

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 72 x 214

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Shwab Elementary School
  • Jere Baxter Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,500
  • Assessor Parcel Number 07111028300

Community Details

Overview

  • 2 Units
  • Barkfield Valley Estates Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,128

Year Built

Built in 1981

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • 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: 1404
  • Building Area Units: Square Feet
  • Living Area: 1404
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: RS5
  • Lot Size Acres: 0.37
  • Lot Size: 72 X 214
  • Lot Size Units: Acres
  • Parcel #: 07111028300
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1500

Tax Info

  • Tax Annual Amount: 2128

MLS Schools

  • Elementary School: Shwab Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Jere Baxter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Dec 4, 2019
Sold by
Thompson Grover and Thompson Betty J
Bought by
Shands Janet K and Sims Pearl G
Seller's Agent
Frank Miles
Compass Tennessee, LLC
Buyer's Agent
Debra Grimes
Benchmark Realty, LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$457,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,620
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
May 30, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Thompson Grover and Thompson Betty J

Purchase Details

Closed on
Apr 13, 2006
Sold by
Morelli Joseph and Morelli Sharon A
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
Nov 26, 2003
Sold by
King Properties & Investments
Bought by
Morelli Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2000
Sold by
Southern Properties & Investments Inc
Bought by
King Properties & Investments Llc

Purchase Details

Closed on
Feb 18, 2000
Sold by
Us Bank National Assn
Bought by
Dawkins Allison and Dawkins Betty

Purchase Details

Closed on
Oct 27, 1999
Sold by
Wright Tony
Bought by
Equicredit Funding Trust 1999 & A

Purchase Details

Closed on
Oct 1, 1998
Sold by
Shemin Robert D
Bought by
Wright Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
6.95%
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
Shands Janet K $245,000 Wagon Wheel Title
Thompson Grover $75,000 Realty Title & Escrow Co Inc
Deutsche Bank National Trust Co $84,514 None Available
Morelli Joseph $85,000 Lenders Title & Escrow Llc
King Properties & Investments Llc -- 1St Trust Title Inc
Dawkins Allison $44,600 --
Equicredit Funding Trust 1999 & A $46,900 --
Wright Tony $54,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morelli Joseph $76,500
Previous Owner Wright Tony $51,100
Closed Wright Tony $14,600
Closed Morelli Joseph $4,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2019 12/04/19 Sold $245,000 -2.0% $175 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $250,000 -- $178 / Sq Ft
Source: Realtracs

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 $4,878 $173,360 $144,000 $29,360
2024 $4,317 $132,680 $72,800 $59,880
2023 $4,317 $132,680 $72,800 $59,880
2022 $4,317 $132,680 $72,800 $59,880
2021 $4,363 $132,680 $72,800 $59,880
2020 $2,847 $67,440 $41,600 $25,840
2019 $2,128 $67,440 $41,600 $25,840
2018 $2,128 $67,440 $41,600 $25,840
2017 $2,128 $67,440 $41,600 $25,840
2016 $1,378 $30,520 $6,000 $24,520
2015 $1,378 $30,520 $6,000 $24,520
2014 $1,378 $30,520 $6,000 $24,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2085455

Realtracs

APN: 071-11-0-283

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