$390,000
SOLD FEB 18, 2025
2 Beds
2 Baths
1,281 Sq Ft
0.28 Acres

Recently Sold

$304 Per Sq Ft

8% Below List Price

74 Days on Market

Highlights

  • No HOA
  • Radiant Heating System
  • Property has 1 Level
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2025

Discover an Exceptional Investment Opportunity in East Nashville Whether you're stepping into real estate investment or looking to expand your portfolio, this duplex in the highly sought-after Inglewood area offers unmatched potential. Benefit from the flexibility of living in one unit while generating rental income from the other, making financing options even more favorable. This property features two charming units, each with one bedroom and one bathroom. Unit A showcases beautiful hardwood floors in the main living areas and includes a convenient stacked washer-dryer in the kitchen. Unit B offers an updated kitchen, hardwood floors, and its own stacked washer-dryer. Additional perks include a shared attic space with the potential to transform into extra living quarters, providing even more value to this investment. To make this opportunity even sweeter, our preferred lender, Brown, is offering up to $3,500 toward the buyer's closing costs or rate buy-down. Contact 865.224.3917 today to learn more about how you can take advantage of this incredible offer! Don't miss the chance to own a versatile property in one of East Nashville's most vibrant and trendy neighborhoods.

Last Agent to Sell the Property

Raymond (Ray) Craven

Blue Door Realty Group Brokerage Phone: 6152074490 License #355760 Listed on: 10/18/2024

Co-Listed By

Michelle Craven

Blue Door Realty Group Brokerage Phone: 6152074490 License #357910

Last Buyer's Agent

Alex Shernit

Nashville Realty Group License #351735

Nashville Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 70 x 175

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,281 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Dan Mills Elementary School
  • Isaac Litton Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $2,200
  • The owner pays for water
  • Assessor Parcel Number 07305003500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Virginia Manor Subdivision

Building Details

  • Operating Expense $3,500
  • Gross Income $26,400
  • Net Operating Income $22,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,479

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1951
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6152074490
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Total Bedrooms: 2
  • Above Grade Finished Sq Ft: 1281
  • Building Area Units: Square Feet
  • Living Area: 1281
  • 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
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Rs10
  • Lot Size: 70 X 175
  • Lot Size Units: Acres
  • Parcel #: 07305003500
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 26400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 22900
  • Number Of Units Total: 2
  • Annual Operating Expense: 3500
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 3479

MLS Schools

  • Elementary School: Dan Mills Elementary
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Isaac Litton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2005
Sold by
Sanders Mary W
Bought by
Huggins James D
Current Estimated Value
$391,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.88%
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 Type Sale Price Title Company
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,250 Commercial
Closed $61,000 No Value Available
Closed $72,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $390,000 -3.4% $304 / Sq Ft
01/01/2025 01/01/25 Pending -- -- --
11/25/2024 11/25/24 Price Changed $403,750 -5.0% $315 / Sq Ft
10/18/2024 10/18/24 For Sale $425,000 -- $332 / 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 $3,479 $106,920 $50,000 $56,920
2023 $3,479 $106,920 $50,000 $56,920
2022 $3,479 $106,920 $50,000 $56,920
2021 $3,516 $106,920 $50,000 $56,920
2020 $3,100 $73,440 $28,000 $45,440
2019 $2,317 $73,440 $28,000 $45,440
2018 $2,317 $73,440 $28,000 $45,440
2017 $2,317 $73,440 $28,000 $45,440
2016 $1,371 $30,360 $14,600 $15,760
2015 $1,371 $30,360 $14,600 $15,760
2014 $1,371 $30,360 $14,600 $15,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2749023

Realtracs

APN: 073-05-0-035