NOT LISTED FOR SALE

1435 Old Lascassas Rd Unit 1437 Murfreesboro, TN 37130

Estimated Value: $343,000 - $382,000

-- Bed
2 Baths
1,750 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $366,666 $210 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,068/month

2 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Discovery School Rated A-
  • Wood Siding
  • Property has 1 Level

About This Home

As of April 2024

Do NOT disturb tenants. 1435-1437 are two bedroom one bath units with laundry hookups. 1435 is rented for $1000/mo (which is under market rent). Tenant is on month to month. 1437 is vacant (All brand new carpet and vinyl, paint, etc.) Rare opportunity to own multi-family property in fast growing Murfreesboro, TN, near MTSU.

Last Agent to Sell the Property

Adam Beach

Benchmark Realty, LLC Brokerage Phone: 6159951403 License #335953 Listed on: 03/28/2024

Benchmark Realty, LLC

Last Buyer's Agent

Brad Elam

Elam Real Estate License # 335012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1980

Lot Details

  • 0.32

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Schools

  • Reeves-Rogers Elementary School
  • Oakland Middle School
  • Oakland High School

Additional Features

  • Lot Dimensions are 100 x 140
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,000
  • Assessor Parcel Number 090B B 00700 R0051513

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,178

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • 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: 1750
  • Building Area Units: Square Feet
  • Living Area: 1750
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • 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: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 100 X 140
  • Lot Size Units: Acres
  • Parcel #: 090B B 00700 R0051513
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 27600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 27600
  • Number Of Units Total: 2
  • Total Actual Rent: 1000

Tax Info

  • Tax Annual Amount: 2178

MLS Schools

  • Elementary School: Reeves-Rogers Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Oakland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Apr 29, 2024
Sold by
Beach Joseph C and Beach Paula A
Bought by
H & L Investment Company Inc
Seller's Agent
Adam Beach
Benchmark Realty, LLC
Buyer's Agent
Brad Elam
Elam Real Estate
List Price
$389,900
Sold Price
$366,666
Premium/Discount to List
-$23,234
-5.96%
Views
12
Current Estimated Value
$360,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,333
Avg. Annual Appreciation
-1.16%
Original Mortgage
$930,000
Outstanding Balance
$916,935
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$556,602

Purchase Details

Listed on
Feb 1, 2012
Closed on
Aug 2, 2012
Sold by
Del Real Estate Llc
Bought by
Beach Joseph C
Seller's Agent
Marcie Sweet
The Sweet Agency, LLC
Buyer's Agent
Larry Atkin
Parks Auction & Realty
List Price
$1,000
Sold Price
$125,000
Premium/Discount to List
$124,000
12400%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Aug 22, 2006
Sold by
John Phillips
Bought by
Del Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,520
Interest Rate
6.67%

Purchase Details

Closed on
Aug 29, 2002
Sold by
John Constantine
Bought by
Phillips and Clarie

Purchase Details

Closed on
Aug 22, 2000
Sold by
Linda Jones
Bought by
John Constantine

Purchase Details

Closed on
Apr 17, 2000
Sold by
Notie Michos
Bought by
Linda Jones
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
H & L Investment Company Inc $1,100,000 Rudy Title
H & L Investment Company Inc $1,100,000 Rudy Title
Beach Joseph C $125,000 --
Del Real Estate Llc $121,900 --
Phillips $85,000 --
John Constantine $75,500 --
Linda Jones -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & L Investment Company Inc $930,000
Closed H & L Investment Company Inc $930,000
Previous Owner Linda Jones $97,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $366,666 -6.0% $210 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $389,900 +211.9% $223 / Sq Ft
05/09/2014 05/09/14 Off Market $125,000 -- --
05/02/2014 05/02/14 For Sale $1,000 -99.2% $1 / Sq Ft
08/03/2012 08/03/12 Sold $125,000 -- $71 / 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
2025 -- $77,000 $14,000 $63,000
2024 $2,179 $77,000 $14,000 $63,000
2023 $1,445 $77,000 $14,000 $63,000
2022 $1,244 $77,000 $14,000 $63,000
2021 $1,327 $59,800 $14,000 $45,800
2020 $1,327 $59,800 $14,000 $45,800
2019 $1,327 $59,800 $14,000 $45,800
2018 $1,823 $59,800 $0 $0
2017 $1,869 $48,080 $0 $0
2016 $1,869 $30,050 $0 $0
2015 $1,168 $30,050 $0 $0
2014 $747 $30,050 $0 $0
2013 -- $41,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2636130

Realtracs

APN: 090B-B-007.00-000