NOT LISTED FOR SALE

171 Cedar Grove Rd Shelbyville, TN 37160

Estimated Value: $150,523 - $285,000

4 Beds
2 Baths
1,562 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $59,100 $38 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,148/month

Highlights

  • Central Heating and Cooling System
  • Carpet
  • Property has 1 Level

About This Home

As of December 2015

Income producer. Excellent condition duplex - 2 Br 1 Ba Each side. Refrigerator, stove, CHA (4 years old), 6-year old roof, Each side rented for $140/week. That's $280/week and tenants pay their own utilities.

Last Agent to Sell the Property

Darin Hasty

HASTY REALTY LLC Brokerage Phone: 9312244400 License #302512 Listed on: 07/09/2015

Co-Listed By

MICHELLE HASTY

HASTY REALTY LLC Brokerage Phone: 9312244400 License #303092

Last Buyer's Agent

Darin Hasty

HASTY REALTY LLC Brokerage Phone: 9312244400 License #302512 Listed on: 07/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1939

Lot Details

  • 0.44

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,562 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • East Side Elementary School
  • Harris Middle School
  • Shelbyville Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $280
  • Assessor Parcel Number 088F B 00900 000

Community Details

Overview

  • 2 Units
  • Excellent Rental Property Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $14,560
  • Net Operating Income $14,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$660

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1939
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1562
  • Building Area Units: Square Feet
  • Living Area: 1562
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: None
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Res
  • Lot Size: 148'X129 IRR
  • Lot Size Units: Acres
  • Parcel #: 088F B 00900 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 14560
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 14559
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 280

Tax Info

  • Tax Annual Amount: 660

MLS Schools

  • Elementary School: East Side Elementary
  • High School: Shelbyville Central High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Nov 30, 2015
Sold by
Neely Fuller
Bought by
Fowler Brian and Fowler Michelle
Seller's Agent
Darin Hasty
HASTY REALTY LLC
Buyer's Agent
Darin Hasty
HASTY REALTY LLC
List Price
$678,250
Sold Price
$59,100
Premium/Discount to List
-$619,150
-91.29%
Current Estimated Value
$196,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,408
Avg. Annual Appreciation
12.79%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Bravo Alfonso
Bought by
Neeley Fuller

Purchase Details

Closed on
Dec 31, 1991
Bought by
Farrar James E

Purchase Details

Closed on
Apr 3, 1990
Bought by
Farrar James E and Farrar Patti

Purchase Details

Closed on
Sep 19, 1985
Bought by
Burke Kathleen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fowler Brian $59,100 --
Neeley Fuller $49,000 --
Farrar James E -- --
Farrar James E -- --
Burke Kathleen A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2018 02/12/18 Price Changed $914,814 +34.9% $586 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
12/16/2017 12/16/17 For Sale $678,250 +1047.6% $434 / Sq Ft
12/01/2015 12/01/15 Sold $59,100 -- $38 / 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
2025 -- $34,600 $0 $0
2024 -- $34,600 $5,400 $29,200
2023 $1,317 $34,600 $5,400 $29,200
2022 $847 $21,625 $3,375 $18,250
2021 $769 $21,625 $3,375 $18,250
2020 $780 $21,625 $3,375 $18,250
2019 $780 $17,600 $3,600 $14,000
2018 $763 $17,600 $3,600 $14,000
2017 $763 $17,600 $3,600 $14,000
2016 $756 $17,600 $3,600 $14,000
2015 $755 $17,600 $3,600 $14,000
2014 $660 $16,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1650940

Realtracs

APN: 088F-B-009.00