NOT LISTED FOR SALE

157 Ingle Dr Morrison, TN 37357

8 Beds
5 Baths
17,198 Sq Ft
1998 Built

Sale Details

Date Sold: December 9, 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2020
Sold by
Bought by

Purchase Details

Listed on
Jul 9, 2019
Closed on
Dec 9, 2019
Sold by
Bought by
Seller's Agent
Brandon Wingate
The Wingate Group LLC
Buyer's Agent
Brandon Wingate
The Wingate Group LLC
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,147
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 1997
Bought by

Purchase Details

Closed on
Sep 10, 1991
Bought by

Purchase Details

Closed on
Mar 15, 1990
Bought by

Purchase Details

Closed on
Dec 16, 1963
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$1,500,000 --
$565,000 --
-- --
$615,000 --
$603,000 --
$300,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $900,000
Previous Owner $595,147
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: RTC2059458

Realtracs
Your Personal Tour Guide

Ask me questions while you tour the home.