NOT LISTED FOR SALE

179 Cedar Grove Rd Shelbyville, TN 37160

Estimated Value: $238,000 - $333,000

-- Bed
2 Baths
1,562 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $250,000 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,665/month

31 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of March 2022

inside complete remodeled, brand new SS appliances, plumbing, Electrical and HVAC systems. easy to rent for $1,000 a month, unit A is Rented

Last Agent to Sell the Property

Marie Velasquez

Zach Taylor Real Estate License #345936 Listed on: 01/10/2022

Zach Taylor Real Estate

Last Buyer's Agent

Janet Abeja

Benchmark Realty, LLC License # 328621

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1939

Lot Details

  • 0.26

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,562 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Unpaved Parking

Schools

  • South Side Primary Elementary School
  • Liberty Elementary Middle School
  • Central High School

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 088F B 01100 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$778

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: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1562
  • Building Area Units: Square Feet
  • Living Area: 1562
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Vinyl 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: 2
  • Parking Features: Unpaved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Comm
  • Lot Size Acres: 0.26
  • Lot Size: 103.5 X136 IRR
  • Lot Size Units: Acres
  • Parcel #: 088F B 01100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 778

MLS Schools

  • Elementary School: South Side Primary
  • High School: Central High School
  • Middle Or Junior School: Liberty Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 22, 2022
Sold by
Marie Velasquez
Bought by
Bonilla Miguel Uribe and Uribe Jessica
Seller's Agent
Marie Velasquez
Zach Taylor Real Estate
Buyer's Agent
Janet Abeja
Benchmark Realty, LLC
Sold Price
$250,000
Current Estimated Value
$291,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,915
Avg. Annual Appreciation
4.31%
Original Mortgage
$245,471
Outstanding Balance
$229,563
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$62,352

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 13, 2021
Sold by
Flippo Vera F
Bought by
Velasquez Marie
Seller's Agent
Steven Flippo
HP Realty Co., LLC
Buyer's Agent
Marie Velasquez
Zach Taylor Real Estate
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.32%
Original Mortgage
$116,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Lawson John A
Bought by
Feldmann Andrew C Sr & Bar

Purchase Details

Closed on
Oct 12, 2001
Sold by
Farrar James E
Bought by
Lawson John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,600
Interest Rate
6.85%

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
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
Bonilla Miguel Uribe $250,000 Title365
Velasquez Marie $146,000 Foundation T&E Series Llc
Feldmann Andrew C Sr & Bar $6,000 --
Lawson John A $58,000 --
Farrar James E -- --
Farrar James E -- --
Burke Kathleen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Miguel Uribe $245,471
Previous Owner Velasquez Marie $116,800
Previous Owner Burke Kathleen A $11,600
Previous Owner Burke Kathleen A $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2022 03/22/22 Sold $250,000 -9.1% $160 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/14/2022 01/14/22 For Sale -- -- --
01/11/2022 01/11/22 For Sale -- -- --
01/10/2022 01/10/22 For Sale $275,000 +88.4% $176 / Sq Ft
09/13/2021 09/13/21 Sold $146,000 -2.6% $93 / Sq Ft View Prior Sale
08/05/2021 08/05/21 Pending -- -- --
08/05/2021 08/05/21 Under Contract -- -- --
07/30/2021 07/30/21 For Rent $149,900 0.0% --
07/26/2021 07/26/21 For Sale $149,900 0.0% $96 / Sq Ft
11/15/2018 11/15/18 Rented -- -- --
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 -- $39,200 $0 $0
2024 -- $39,200 $4,800 $34,400
2023 $1,491 $39,200 $4,800 $34,400
2022 $1,534 $39,200 $4,800 $34,400
2021 $1,393 $39,200 $4,800 $34,400
2020 $778 $39,200 $4,800 $34,400
2019 $778 $17,560 $3,200 $14,360
2018 $761 $17,560 $3,200 $14,360
2017 $761 $17,560 $3,200 $14,360
2016 $753 $17,560 $3,200 $14,360
2015 $753 $17,560 $3,200 $14,360
2014 $658 $16,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2345014

Realtracs

APN: 088F-B-011.00