NOT LISTED FOR SALE

1851 Murfreesboro Rd Lebanon, TN 37090

Estimated Value: $384,000 - $641,000

-- Bed
2 Baths
2,575 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $192,000 $75 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,756/month

70 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Central Heating
  • Accessible Entrance

About This Home

As of March 2019

WONDERFUL DUPLEX WITH RECENT UPGRADES AND NEW CARPETS AND FLOORING IN BOTH SIDES. UPPER LEVEL IS ALL ON ONE LEVEL AND HAS A WHEELCHAIR RAMP. LARGE BEDROOMS AND SEPARATE LAUNDRY AREAS. YOU WON'T BE DISAPPOINTED WITH THIS ONE! ZONED COMMERCIAL SO LOTS OF POTENTIAL.

Last Agent to Sell the Property

Cindy Braddy

Cumberland Real Estate LLC License # 309274 Listed on: 11/30/2018

Last Buyer's Agent

Cindy Braddy

Cumberland Real Estate LLC License # 309274 Listed on: 11/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1981

Lot Details

  • 2.89

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,575 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate
  • Tile

Accessible Home Design

  • Accessible Entrance

Schools

  • Southside Elementary
  • Wilson Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $650
  • Assessor Parcel Number 095103 02206 00021103

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Inclusions: APPLN
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Accessibility Features: Accessible Entrance
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Above Grade Finished Sq Ft: 2575
  • Building Area Units: Square Feet
  • Living Area: 2575
  • 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

Utilities

  • Sewer: Septic Tank
  • 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: COMMERCIAL
  • Lot Size: 2.89
  • Lot Size Units: Acres
  • Parcel #: 095103 02206 00021103
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 650

Tax Info

  • Tax Annual Amount: 2154

MLS Schools

  • Elementary School: Southside Elementary
  • High School: Wilson Central High School
  • Middle Or Junior School: Southside Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Mar 4, 2019
Sold by
Denson Roy E
Bought by
Welti Alexander G
Seller's Agent
Cindy Braddy
Cumberland Real Estate LLC
Buyer's Agent
Cindy Braddy
Cumberland Real Estate LLC
Sold Price
$192,000
Current Estimated Value
$503,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,100
Avg. Annual Appreciation
15.59%
Original Mortgage
$153,000
Outstanding Balance
$134,513
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$368,587

Purchase Details

Closed on
Nov 8, 1996
Sold by
Freeman J Blake
Bought by
Denson Roy E

Purchase Details

Closed on
Oct 1, 1992
Bought by
Freeman J Blake

Purchase Details

Closed on
Dec 13, 1984
Bought by
Hurd J Brent
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
Welti Alexander G $192,000 None Available
Denson Roy E $100,000 --
Freeman J Blake $150,000 --
Hurd J Brent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welti Alexander G $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Price Changed $596,290 -0.5% $232 / Sq Ft
08/23/2021 08/23/21 Price Changed $599,290 +212.1% $233 / Sq Ft
03/04/2019 03/04/19 Sold $192,000 -- $75 / 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 $1,471 $77,050 $24,450 $52,600
2022 $1,471 $77,050 $24,450 $52,600
2021 $1,471 $77,050 $24,450 $52,600
2020 $1,420 $77,050 $24,450 $52,600
2019 $1,420 $56,375 $15,000 $41,375
2018 $2,154 $85,520 $24,000 $61,520
2017 $2,154 $85,520 $24,000 $61,520
2016 $2,154 $85,520 $24,000 $61,520
2015 $2,198 $85,520 $24,000 $61,520
2014 $1,860 $72,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1992774

Realtracs

APN: 103-022.06