$264,900
SOLD NOV 9, 2020

1903 Fern Dr Unit 1905 Murfreesboro, TN 37130

-- Bed
-- Bath
1,991 Sq Ft
0.33 Acres

Recently Sold

$133 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Cooling Available
  • Radiant Heating System
  • Property has 1 Level

About This Home

As of November 2020

RARE OPPORTUNITY! All brick duplex, remodeled with tons of updates! Great investment property, or an owner/landlord situation. New roof in 2015 and 2020, new flooring in both units (2018, 2020). New electric fireplace, remodeled bathrooms & new windows in most of the home. Within a short drive to MTSU. Looking for a solid investment property? You've found it! Will not last long.

Last Agent to Sell the Property

David Jordan

Keller Williams Realty - Murfreesboro Brokerage Phone: 6155798574 License #325708 Listed on: 10/24/2020

Keller Williams Realty - Murfreesboro

Last Buyer's Agent

Shannan Maxwell

eXp Realty License # 338618

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1967

Lot Details

  • 0.33 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,991 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Fire and Smoke Detector

Schools

  • Black Fox Elementary School
  • Whitworth-Buchanan Middle School
  • Oakland High School

Utilities

  • Cooling Available
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 103O G 02000 R0068106

Community Details

Overview

  • 2 Units
  • Lakeview Hts Ii Subdivision

Building Details

  • Operating Expense $150
  • Gross Income $2,000
  • Net Operating Income $1,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,159

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1967
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6155798574
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1991
  • Building Area Units: Square Feet
  • Living Area: 1991
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Res
  • Lot Size Acres: 0.33
  • Lot Size: 119 X 148.27 IRR
  • Lot Size Units: Acres
  • Parcel #: 103O G 02000 R0068106
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 2000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1850
  • Number Of Units Total: 2
  • Annual Operating Expense: 150
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 1159

MLS Schools

  • Elementary School: Black Fox Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Whitworth-Buchanan Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Sims Leshaun V
Bought by
1903 Fern Drive Llc
Total Days on Market
4

Purchase Details

Listed on
Oct 24, 2020
Closed on
Nov 9, 2020
Sold by
Leach Kimberly
Bought by
Sims Leshaun
Seller's Agent
David Jordan
Keller Williams Realty - Murfreesboro
Buyer's Agent
Shannan Maxwell
eXp Realty
List Price
$254,900
Sold Price
$264,900
Premium/Discount to List
$10,000
3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Chaney Susan
Bought by
Chaney Family Preservation Trust and Spence George (Tr)

Purchase Details

Closed on
Apr 9, 2014
Sold by
Luster Helen R
Bought by
Mattingly Thomas

Purchase Details

Closed on
Mar 21, 2014
Sold by
Mattingly Thomas
Bought by
Chaney Susan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $264,900 Foundation Title & Escrow
Quit Claim Deed -- --
Warranty Deed $75,000 --
Special Warranty Deed $84,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $264,900 +3.9% $133 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $254,900 -- $128 / 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 $2,987 $105,600 $19,000 $86,600
2023 $1,981 $105,600 $19,000 $86,600
2022 $1,707 $105,600 $19,000 $86,600
2021 $1,173 $52,840 $15,000 $37,840
2020 $733 $33,025 $9,375 $23,650
2019 $733 $33,025 $9,375 $23,650
2018 $1,007 $52,840 $0 $0
2017 $1,839 $47,320 $0 $0
2016 $1,839 $47,320 $0 $0
2015 $1,839 $47,320 $0 $0
2014 $1,177 $47,320 $0 $0
2013 -- $41,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2201232

Realtracs

APN: 103O-G-020.00-000