NOT LISTED FOR SALE

Estimated Value: $577,000 - $719,000

8 Beds
4 Baths
2,795 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $320,000 $114 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,968/month

Highlights

  • Cooling Available
  • Wood Siding
  • Property has 1 Level
  • Baseboard Heating
  • Carpet
  • 4-minute walk to Elizabeth Park

About This Home

As of December 2016

One of 11: Total of 11 buildings on 10 separate parcels with a total of 33 units. 3 Duplexes, 5 Triplexes (1 Parcel has 2 Triplexes 6 units) and 3 Quad's. Assets being sold as a package together. No site visits without listing agent present.

Last Agent to Sell the Property

Marcie Sweet

The Sweet Agency, LLC License #309650 Listed on: 08/24/2016

Last Buyer's Agent

Allyson Krebs

Synergy Real Estate Group, Inc. License # 302782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 57 x 150

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,795 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Robert Churchwell Museum Magnet Elementary School
  • John Early Paideia Magnet Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,050
  • The owner pays for water
  • Assessor Parcel Number 08111056400

Community Details

Overview

  • 4 Units
  • D T Mcgavock & Others Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,649

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1969
  • Inclusions: APPLN
  • 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: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 2795
  • Building Area Units: Square Feet
  • Living Area: 2795
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Rs5 -UZO
  • Lot Size: 57 X 150
  • Lot Size Units: Acres
  • Parcel #: 08111056400
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4
  • Annual Operating Expense: 1
  • Total Actual Rent: 3050

Tax Info

  • Tax Annual Amount: 1649

MLS Schools

  • Elementary School: Robert Churchwell Museum Magnet Elem School
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: John Early Paideia Magnet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 16, 2016
Sold by
Mika David Ilan and Mika David
Bought by
Small Brothers Properties
Seller's Agent
Marcie Sweet
The Sweet Agency, LLC
Buyer's Agent
Allyson Krebs
Synergy Real Estate Group, Inc.
List Price
$493,500
Sold Price
$320,000
Premium/Discount to List
-$173,500
-35.16%
Current Estimated Value
$646,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,723
Avg. Annual Appreciation
7.83%

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 2, 2016
Sold by
David Ilan
Bought by
Mika David Ilan and Mika David
Seller's Agent
Marcie Sweet
The Sweet Agency, LLC
Buyer's Agent
Allyson Krebs
Synergy Real Estate Group, Inc.
List Price
$493,500
Sold Price
$320,000
Premium/Discount to List
-$173,500
-35.16%

Purchase Details

Closed on
May 30, 2006
Sold by
Hughes Gail A
Bought by
David Ilan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2002
Sold by
Robin Sara S and Turner Barbara S
Bought by
Hughes Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Small Brothers Properties $320,000 Limestone Title And Escrow
Mika David Ilan -- Limestone Title & Escrow Llc
David Ilan $85,000 Nations Title Of Tn Inc
Hughes Gail A $55,000 Saturn & Mazer Title Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Ilan $115,500
Previous Owner David Ilan $85,000
Previous Owner Hughes Gail A $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $493,500 +54.2% $177 / Sq Ft
12/16/2016 12/16/16 Sold $320,000 -- $114 / 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 $5,120 $157,360 $60,000 $97,360
2023 $5,120 $157,360 $60,000 $97,360
2022 $5,121 $157,360 $60,000 $97,360
2021 $5,174 $157,360 $60,000 $97,360
2020 $4,030 $95,480 $24,800 $70,680
2019 $3,012 $95,480 $24,800 $70,680
2018 $3,012 $95,480 $24,800 $70,680
2017 $3,012 $95,480 $24,800 $70,680
2016 $1,649 $36,520 $5,200 $31,320
2015 $1,649 $36,520 $5,200 $31,320
2014 $1,649 $36,520 $5,200 $31,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1759480

Realtracs

APN: 081-11-0-564