Seller's Agent in 2018
Timothy Crane
2 Cranes Realty
(731) 607-0118
152 Total Sales
200 Stockade St Clifton, TN 38425
Estimated Value: $168,000 - $207,000
8
Beds
3
Baths
3,300
Sq Ft
$58/Sq Ft
Est. Value
Highlights
- Furnished
- Partially Carpeted
- 1-Story Property
- Space Heater
About This Home
As of July 2018All 8 units are 1 bedroom, 1 bathroom with kitchen. All units are furnished and have appliances. The current owner has owned the property for over 20 years and currently lives in one of the apartments All units rent for between $680-$700/mth and the rent includes the utilities TOTALING ABOUT $4700 GROSS INCOME, WHILE LIVING RENT FREE -- THE UNITS STAY RENTED ALL THE TIME Operating expenses are about $1600/mth LEAVING PLENTY OF POSITIVE CASH FLOW CALL TODAY
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,355
Year Built
- Built in 2004
Lot Details
- 0.3 Acre Lot
Parking
- Paved Parking
Home Design
- Slab Foundation
- Aluminum Siding
Interior Spaces
- 3,300 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling height between 8 to 10 feet
- Built-In Range
Flooring
- Partially Carpeted
- Vinyl
Utilities
- Window Unit Cooling System
- Space Heater
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Weekly Lease Term
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- Operating Expense $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2024
Sold by
Gutgsell Corey
Bought by
Hancock Samuel E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$132,574
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$60,213
Purchase Details
Closed on
Jun 2, 2021
Sold by
Avery Jeff and Avery Tracy
Bought by
Gutgsell Corey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,656
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 30, 2018
Closed on
Jul 10, 2018
Sold by
Muir Mary
Bought by
Avery Jeff and Avery Tracy
Seller's Agent
Timothy Crane
2 Cranes Realty
Buyer's Agent
Timothy Crane
2 Cranes Realty
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$125,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 1997
Sold by
Nadine Davis Gaston
Bought by
Mary Muir
Purchase Details
Closed on
Sep 25, 1984
Bought by
Davis Gaston Nadine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hancock Samuel E | $170,000 | None Listed On Document | |
| Gutgsell Corey | $165,000 | None Available | |
| Avery Jeff | $50,000 | -- | |
| Mary Muir | $21,000 | -- | |
| Davis Gaston Nadine | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hancock Samuel E | $136,000 | |
| Previous Owner | Gutgsell Corey | $163,656 | |
| Previous Owner | Avery Jeff | $125,000 | |
| Previous Owner | Mary Muir | $106,180 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2018 07/12/18 | Sold | $150,000 | -25.0% | $45 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 03/30/2018 03/30/18 | For Sale | $199,900 | -- | $61 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,355 | $62,520 | $1,800 | $60,720 |
| 2023 | $1,762 | $62,520 | $1,800 | $60,720 |
| 2022 | $1,762 | $62,520 | $1,800 | $60,720 |
| 2021 | $1,855 | $62,520 | $1,800 | $60,720 |
| 2020 | $1,913 | $57,960 | $1,600 | $56,360 |
| 2019 | $1,333 | $57,960 | $1,600 | $56,360 |
| 2018 | $1,913 | $57,960 | $1,600 | $56,360 |
| 2017 | $1,913 | $57,960 | $1,600 | $56,360 |
| 2016 | $1,565 | $57,960 | $1,600 | $56,360 |
| 2014 | $1,601 | $58,919 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Crane
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10023748
APN: 050C-E-015.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.
Nearby Homes
- 0 Main St
- 318 Church St
- 135 Lapa Ln
- 0 Tennessee 114
- 6 W Pillow St
- 000 Linden Hwy
- 1325 Linden Hwy
- 650 W Pillow St
- 125 Airport Rd
- 51 Billy Nance Hwy
- LOTS 41-52 Chaparral(off Tom Baker Rd) Ln
- 1118 Carrollville Landing Rd
- 116 Sunset Dr
- 00 Nance Bend Rd
- 980 Skyline Dr
- 198 Treece Ln
- 0 Tom Baker Rd Unit LotWP001 24567374
- 0 Ross Creek Ridge
- 895 Hassell Dr
- Lot 32 Scenic Ln