NOT LISTED FOR SALE

Estimated Value: $476,000 - $555,000

4 Beds
2 Baths
1,558 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $270,000 $173 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,138/month

2 Days on Market

Highlights

  • Cooling Available
  • Property has 1 Level
  • 4-minute walk to South Inglewood Park
  • Central Heating

About This Home

As of February 2017

Great income producing property. Great location in EAST NASHVILLE, HUGE LOT

Last Agent to Sell the Property

Season Hutchins

Shular Realty License #289922 Listed on: 11/17/2016

Last Buyer's Agent

Ed Paulich

Keller Williams Realty Nashville/Franklin License #328780

Keller Williams Realty Nashville/Franklin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 53 x 150

Interior Spaces

  • 1,558 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Schools

  • Inglewood Elementary School
  • Isaac Litton Middle School
  • Stratford Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,450
  • Assessor Parcel Number 07211039900

Community Details

Overview

  • 2 Units
  • Waters Place Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $29,399
  • Net Operating Income $29,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,965

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2002
  • Inclusions: NEGOT
  • Unit Levels: One
  • 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: Laminate
  • Above Grade Finished Sq Ft: 1558
  • Building Area Units: Square Feet
  • Living Area: 1558
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • 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 Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: C6
  • Lot Size: 53 X 150
  • Lot Size Units: Acres
  • Parcel #: 07211039900
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 29399
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 29398
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2450

Tax Info

  • Tax Annual Amount: 1965

MLS Schools

  • Elementary School: Inglewood Elementary
  • High School: Stratford Comp High School
  • Middle Or Junior School: Isaac Litton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 27, 2017
Sold by
Francis Louisena
Bought by
Motamedi Kamron and Motamedi Cindy
Seller's Agent
Season Hutchins
Shular Realty
Buyer's Agent
Ed Paulich
Keller Williams Realty Nashville/Franklin
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$510,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,703
Avg. Annual Appreciation
7.76%
Original Mortgage
$201,375
Outstanding Balance
$167,021
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$343,682

Purchase Details

Closed on
Oct 28, 2005
Sold by
Francis Robert
Bought by
Francis Louisena

Purchase Details

Closed on
Jun 27, 2003
Sold by
Tesfaye Estifanos and Gebreselassie Samuel
Bought by
Francis Louisena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,710
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2002
Sold by
Tesfaye Estifanos
Bought by
Tesfaye Estifanos and Gebreselassie Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Deere Keith
Bought by
Dawkins Allison M and Dawkins Betty S

Purchase Details

Closed on
Sep 6, 1995
Sold by
Hamilton Richard
Bought by
Deere Keith
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
Motamedi Kamron $268,500 Birthright Title & Escrow Ll
Francis Louisena -- None Available
Francis Louisena $121,900 Middle Tennessee Title & Esc
Tesfaye Estifanos -- --
Tesfaye Estifanos $78,000 --
Dawkins Allison M $9,000 Premier Title & Escrow Llc
Deere Keith $21,000 --
Bridges Jimmy Dean $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motamedi Kamron $201,375
Previous Owner Francis Louisena $13,000
Previous Owner Francis Louisena $120,000
Previous Owner Francis Louisena $109,710
Previous Owner Tesfaye Estifanos $74,100
Closed Francis Louisena $6,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $270,000 -1.8% $173 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $275,000 -- $177 / Sq Ft
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 $4,518 $138,840 $70,000 $68,840
2023 $4,518 $138,840 $70,000 $68,840
2022 $4,518 $138,840 $70,000 $68,840
2021 $4,565 $138,840 $70,000 $68,840
2020 $3,855 $91,320 $56,000 $35,320
2019 $2,881 $91,320 $56,000 $35,320
2018 $2,881 $91,320 $56,000 $35,320
2017 $2,881 $91,320 $56,000 $35,320
2016 $1,965 $43,520 $10,000 $33,520
2015 $1,965 $43,520 $10,000 $33,520
2014 $1,965 $43,520 $10,000 $33,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1781681

Realtracs

APN: 072-11-0-399