NOT LISTED FOR SALE

Estimated Value: $339,000 - $560,000

2 Beds
2 Baths
1,845 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $120,000 $65 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,420/month

1 Day on Market

Highlights

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

About This Home

As of July 2017

Great income producing property. A rare find in this market. Cash buyers ONLY! Requires a 24hr notice to show.

Last Agent to Sell the Property

Sylvester Armor

Armor Realty LLC License #268785 Listed on: 06/19/2017

Last Buyer's Agent

Sylvester Armor

Armor Realty LLC License #268785 Listed on: 06/19/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50x220

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,845 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Cumberland Elementary School
  • Joelton Middle School
  • Whites Creek Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,400
  • The owner pays for water
  • Assessor Parcel Number 08004006100

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $16,800
  • Net Operating Income $16,799

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,465

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1948
  • 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: 1845
  • Building Area Units: Square Feet
  • Living Area: 1845
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Total Parking Spaces: 4

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: R5
  • Lot Size Acres: 0.27
  • Lot Size: 50x220
  • Lot Size Units: Acres
  • Parcel #: 08004006100
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 16800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 16799
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1400

Tax Info

  • Tax Annual Amount: 1465

MLS Schools

  • Elementary School: Cumberland Elementary
  • High School: Whites Creek Comp High School
  • Middle Or Junior School: Joelton Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 5, 2017
Sold by
Bell Bobby and Bell Lavonda
Bought by
Cls Properties Llc
Seller's Agent
Sylvester Armor
Armor Realty LLC
Buyer's Agent
Sylvester Armor
Armor Realty LLC
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Current Estimated Value
$407,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,847
Avg. Annual Appreciation
14.68%
Original Mortgage
$105,600
Interest Rate
3.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Bell Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
11.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2005
Sold by
Barker Varnie and Barker Selma
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
Apr 9, 2002
Sold by
Curtiswood Llc
Bought by
Barker Varnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
9.5%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Midgett Ernie and Hornbuckle Lance
Bought by
Curtiswood Llc
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
Cls Properties Llc $120,000 None Available
Bell Bobby $67,900 Realty Title & Escrow Co Inc
Deutsche Bank National Trust Co $90,000 --
Barker Varnie $95,000 Advantage Title & Escrow
Curtiswood Llc $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cls Rental Properties Llc $120,000
Closed Cls Properties Llc $105,600
Previous Owner Bell Bobby $64,500
Previous Owner Barker Varnie $112,500
Previous Owner Barker Varnie $71,250
Previous Owner Curtiswood Llc $56,000
Closed Barker Varnie $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $120,000 -7.0% $65 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $129,000 -- $70 / 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 $2,372 $72,880 $27,800 $45,080
2023 $2,372 $72,880 $27,800 $45,080
2022 $2,372 $72,880 $27,800 $45,080
2021 $2,396 $72,880 $27,800 $45,080
2020 $1,734 $41,080 $11,600 $29,480
2019 $1,296 $41,080 $11,600 $29,480
2018 $1,296 $41,080 $11,600 $29,480
2017 $1,296 $41,080 $11,600 $29,480
2016 $1,465 $32,440 $7,200 $25,240
2015 $1,465 $32,440 $7,200 $25,240
2014 $1,465 $32,440 $7,200 $25,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1838295

Realtracs

APN: 080-04-0-061