NOT LISTED FOR SALE

Estimated Value: $8,254,113

3 Beds
2 Baths
14,400 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $4,229,800 $294 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $50,797/month

65 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • 2-minute walk to Tom Joy Park
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of June 2024

Villas at Lischey Bld 1 Sale consists of 8 New Townhomes.1800 SF Quality Construction, loaded with upscale finishes. Granite and stainless island kitchens, Sand and finish hardwood floors, Excellent Floor Plans feature 3 BR, 3 Full Baths, The Great room features a 15x7 Terrace! Large Master Suite with Ceramic Glamour Bath features an 18x10 Terrace ! Bedrooms 2 & 3 Have full baths. Large 2 Car Attached Garages and more! Opportunity to purchase Bldg 1 turnkey townhomes. Sale includes 8 completed 1800 SF units with a 12-month builder warranty!

Last Agent to Sell the Property

Sharon Laviola

RE/MAX Choice Properties Brokerage Phone: 6153471791 License #277191 Listed on: 12/29/2023

Last Buyer's Agent

Michael Gudvangen

Luxury Homes of Tennessee License #343099

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,982

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 243 x 464

HOA Fees

  • $149 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 14,400 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Concrete

Schools

  • Tom Joy Elementary School
  • Jere Baxter Middle School
  • Maplewood Comp High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2
  • The owner pays for electricity, gas, water

Community Details

Overview

  • $350 One-Time Secondary Association Fee
  • Association fees include exterior maintenance
  • 8 Units
  • Villas At Lischey Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,982

Year Built

Built in 2024 | New Construction

Lot Details

2.3 Acres

HOA Fees

$149 per month

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 3
  • Structure Type: Multi Family
  • Year Built Details: NEW
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Concrete, Finished Wood
  • Above Grade Finished Sq Ft: 14400
  • Building Area Units: Square Feet
  • Living Area: 14400
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Fiber Cement, Frame
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Parking Features: Attached - Rear, Asphalt
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance
  • Association Fee: 149
  • Association #2 Fee: 350
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning: RM-20
  • Lot Size: 243 X 464
  • Lot Size Units: Acres
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 8
  • Annual Operating Expense: 1
  • Total Actual Rent: 2

Tax Info

  • Tax Annual Amount: 10982

MLS Schools

  • Elementary School: Tom Joy Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Jere Baxter Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Momo Real Estate Investments Inc
Bought by
Momo Real Estate Investments Inc
Current Estimated Value
$8,254,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2021
Sold by
American Dream Developers Inc
Bought by
Momo Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2018
Sold by
Scales David Angelo
Bought by
American Dream Developers Inc

Purchase Details

Closed on
Jun 6, 1995
Bought by
Scales Mary Ann
Source: Public Records
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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
Momo Real Estate Investments Inc -- None Available
Momo Real Estate Investments Inc $1,550,000 Midtown Title Llc
American Dream Developers Inc $370,000 Midtown Title Llc
Scales Mary Ann $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Momo Real Estate Investments Inc $1,162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $4,229,800 -6.7% $294 / Sq Ft
03/04/2024 03/04/24 Price Changed $4,533,200 -54.2% $315 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $9,899,900 -1.0% $687 / Sq Ft
01/09/2024 01/09/24 Price Changed $9,999,900 -3.6% $694 / Sq Ft
12/29/2023 12/29/23 For Sale $10,368,000 -- $720 / Sq Ft
Source: Realtracs

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
2022 $12,785 $337,500 $337,500 $0
2021 $5,485 $166,825 $165,000 $1,825
2020 $4,435 $105,075 $82,500 $22,575
2019 $2,471 $78,325 $35,000 $43,325
2018 $0 $78,325 $35,000 $43,325
2017 $0 $78,325 $35,000 $43,325
2016 $1,682 $37,250 $6,250 $31,000
2015 $1,682 $37,250 $6,250 $31,000
2014 $1,682 $37,250 $6,250 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2604861

Realtracs

APN: 071-08-0-272

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