NOT LISTED FOR SALE

Estimated Value: $276,000 - $398,000

6 Beds
4 Baths
2,063 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $250,000 $121 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,070/month

37 Days on Market

Highlights

  • No HOA
  • Carpet
  • Property has 1 Level
  • Cooling Available
  • Heating Available

About This Home

As of May 2024

Investor's dream! Opportunity to own rental portfolio in North Nashville just 11 min to downtown Nashville. Multiple actively rented properties. Tons of potential! See attached documents & links for all property info

Last Agent to Sell the Property

Allen Huggins

WH Properties Brokerage Phone: 6158109393 License # 286565 Listed on: 04/07/2024

Last Buyer's Agent

Teon Lewis

Mark Spain Real Estate License #361621

Mark Spain Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 75 x 167

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • Property has 1 Level
  • Carpet

Schools

  • Bellshire Elementary Design Center
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number 05002007700

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Willow Creek Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $25,200
  • Net Operating Income $25,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,081

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1989
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Other
  • Above Grade Finished Sq Ft: 2063
  • Building Area Units: Square Feet
  • Living Area: 2063
  • 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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Rs7.5
  • Lot Size: 75 X 167
  • Lot Size Units: Acres
  • Parcel #: 05002007700
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 25200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 25199
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 3081

MLS Schools

  • Elementary School: Bellshire Elementary Design Center
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Honky Tonk Homes Llc
Bought by
Lm1 Holdings Llc
Current Estimated Value
$344,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$160,037
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$184,087

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 28, 2024
Sold by
Twenty Holdings Llc
Bought by
Honky Tonk Homes Llc
Seller's Agent
Allen Huggins
WH Properties
Buyer's Agent
Teon Lewis
Mark Spain Real Estate
List Price
$390,000
Sold Price
$250,000
Premium/Discount to List
-$140,000
-35.9%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.85%
Original Mortgage
$1,620,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2011
Sold by
Wilson Bank & Trust
Bought by
Twenty Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2010
Sold by
Epandco Real Estate Llc
Bought by
Wilson Bank & Trust

Purchase Details

Closed on
Dec 1, 2005
Sold by
Ray Sandra D and Patterson James T
Bought by
Epandco Real Estate Llc
Source: Public Records

Range of Values:

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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
Lm1 Holdings Llc -- None Listed On Document
Honky Tonk Homes Llc $1,500,000 Midtown Title
Twenty Holdings Llc $275,000 None Available
Wilson Bank & Trust $600,000 None Available
Epandco Real Estate Llc $1,532,000 First Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lm1 Holdings Llc $161,250
Previous Owner Honky Tonk Homes Llc $1,620,000
Previous Owner Twenty Holdings Llc $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $250,000 -35.9% $121 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $390,000 0.0% $189 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $390,000 -- $189 / 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 $3,081 $94,680 $22,000 $72,680
2023 $3,081 $94,680 $22,000 $72,680
2022 $3,081 $94,680 $22,000 $72,680
2021 $3,113 $94,680 $22,000 $72,680
2020 $1,870 $49,360 $9,200 $40,160
2019 $1,360 $49,360 $9,200 $40,160
2018 $1,360 $49,360 $9,200 $40,160
2017 $1,360 $49,360 $9,200 $40,160
2016 $1,107 $28,200 $4,800 $23,400
2015 $1,107 $28,200 $4,800 $23,400
2014 $1,107 $28,200 $4,800 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2640130

Realtracs

APN: 050-02-0-077