NOT LISTED FOR SALE

157 Ingle Dr Morrison, TN 37357

8 Beds
5 Baths
17,198 Sq Ft
1998 Built

Last Sold December 09, 2019

Last sale price $1,500,000 $87 Per Sq Ft

90 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Property has 1 Level
  • Home Security System
  • Carpet

About This Home

As of December 2019

JUST FINISHED AND READY FOR MARKET!! DO NOT DISTURB TENANTS. This is the multi-family property that investors will love!! Completely remodeled inside and out. 100% Occupied with waiting list. All separately metered and tenants pay all utilities. All have washer and dryer hookups. All 20 units have NEW roof, HVAC, flooring, hot-water heaters, sinks, light fixtures, stainless steal appliances, NO differed maintenance!! OWNER AGENT

Last Agent to Sell the Property

Brandon Wingate

The Wingate Group LLC License #332597 Listed on: 07/09/2019

Last Buyer's Agent

Brandon Wingate

The Wingate Group LLC License #332597 Listed on: 07/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 1998

Home Design

  • Vinyl Siding

Interior Spaces

  • 17,198 Sq Ft Home
  • Property has 1 Level
  • Home Security System

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Morrison Elementary
  • Warren County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $2,860
  • Assessor Parcel Number 085 05405 000

Community Details

Overview

  • 20 Units
  • Heritage Valley East Sec 4 Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $170,700
  • Net Operating Income $170,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,369

Year Built

Built in 1998

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1998
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 17198
  • Building Area Units: Square Feet
  • Living Area: 17198
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: COMMERCIAL
  • Lot Size Units: Acres
  • Parcel #: 085 05405 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 170700
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 170699
  • Number Of Units Total: 20
  • Annual Operating Expense: 1
  • Total Actual Rent: 2860

Tax Info

  • Tax Annual Amount: 6369

MLS Schools

  • Elementary School: Morrison Elementary
  • High School: Warren County High School
  • Middle Or Junior School: Morrison Elementary
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Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $1,500,000 -6.3% $87 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $1,600,000 -- $93 / 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 $8,030 $664,120 $54,280 $609,840
2024 $10,219 $519,360 $27,040 $492,320
2023 $10,137 $519,360 $27,040 $492,320
2022 $10,137 $515,160 $27,040 $488,120
2021 $10,137 $515,160 $27,040 $488,120
2020 $6,369 $515,160 $27,040 $488,120
2019 $7,450 $331,640 $20,400 $311,240
2018 $5,312 $323,920 $20,400 $303,520
2017 $5,312 $270,200 $20,400 $249,800
2016 $5,312 $270,200 $20,400 $249,800
2015 $5,392 $270,200 $20,400 $249,800
2014 $5,206 $270,200 $20,400 $249,800
2013 $5,206 $260,909 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Wingate

    Seller's Agent in 2019

    Brandon Wingate

    The Wingate Group LLC

    (615) 306-9298

    31 Total Sales

    Brandon Wingate
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Map

Source: Realtracs

MLS Number: 2059458

Realtracs
Tennessee Warren County Morrison 37357

157 Ingle Dr, Morrison, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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