NOT LISTED FOR SALE

164 Murphy Rd Manchester, TN 37355

Estimated Value: $207,783 - $296,000

-- Bed
2 Baths
1,827 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $95,500 $52 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,483/month

Highlights

  • Cooling Available
  • Carpet
  • Property has 1 Level
  • Central Heating

About This Home

As of October 2017

Great investment property! New roof! Live in one side and rent the other. 2 bedroom, 1 bath, living area, eat in kitchen on each side. Located on a dead end road.

Last Agent to Sell the Property

Jimmy Jernigan

Century 21 Coffee County Realty & Auction License #255095 Listed on: 09/05/2017

Century 21 Coffee County Realty & Auction

Last Buyer's Agent

Steve Jernigan

Steve Jernigan Realty License #286763

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 100x225

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,827 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

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

Schools

  • Manchester City Schools Elem. Elementary School
  • Westwood Jr High Middle School
  • Coffee Co Central High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 016085J A 01703 00001085J

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Inclusions: NOFUR
  • 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: 1827
  • Building Area Units: Square Feet
  • Living Area: 1827
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • 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 Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Res
  • Lot Size: 100X225
  • Lot Size Units: Acres
  • Parcel #: 016085J A 01703 00001085J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1

Tax Info

  • Tax Annual Amount: 1582

MLS Schools

  • Elementary School: Manchester City Schools Elem.
  • High School: Coffee Co Central High School
  • Middle Or Junior School: Westwood Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Beets Joseph Dylan and Beets Dustin F
Bought by
Mullins Scott D and Mullins Fara M
Current Estimated Value
$239,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,967
Outstanding Balance
$54,737
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$165,027

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 9, 2017
Sold by
Towey Jessica L and Hutto Johanna
Bought by
Mullins Scott D and Mullins Fara M
Seller's Agent
Jimmy Jernigan
Century 21 Coffee County Realty & Auction
Buyer's Agent
Steve Jernigan
Steve Jernigan Realty
List Price
$99,900
Sold Price
$95,500
Premium/Discount to List
-$4,400
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$98,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 5, 2017
Closed on
Sep 21, 2017
Sold by
Johnson William Frank and William Frank Johnson
Bought by
Towey Jessica L and Hutto Johanna
Seller's Agent
Jimmy Jernigan
Century 21 Coffee County Realty & Auction
Buyer's Agent
Steve Jernigan
Steve Jernigan Realty
List Price
$99,900
Sold Price
$95,500
Premium/Discount to List
-$4,400
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 1988

Purchase Details

Closed on
Jan 7, 1986

Purchase Details

Closed on
Jan 2, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mullins Scott D $66,500 None Available
Mullins Scott D $95,500 Premier Title & Escrow
Towey Jessica L $4,594 None Available
-- $50,000 --
-- $5,000 --
-- $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Scott D $69,967
Previous Owner Mullins Scott D $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $95,500 -4.4% $52 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $99,900 -- $55 / 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 $2,048 $48,600 $8,800 $39,800
2023 $2,048 $48,600 $0 $0
2022 $1,764 $48,600 $8,800 $39,800
2021 $1,717 $37,480 $4,800 $32,680
2020 $1,717 $37,480 $4,800 $32,680
2019 $1,717 $37,480 $4,800 $32,680
2018 $1,717 $37,480 $4,800 $32,680
2017 $1,582 $30,160 $4,800 $25,360
2016 $1,582 $30,160 $4,800 $25,360
2015 $1,582 $30,160 $4,800 $25,360
2014 $1,582 $30,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1860660

Realtracs

APN: 085J-A-017.03