$422,500
SOLD FEB 21, 2025
5 Beds
2 Baths
1,625 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Property has 1 Level
  • Cooling Available
  • Central Heating

About This Home

As of February 2025

Amazing opportunity for an income producing duplex in the heart of East Nashville's, Eastwood Neighbors. Located on a quite cul-de-sac, steps from dozens of East Nashville's best restaurants, coffee shops and retail, this duplex offers the opportunity to live in one side and rent the other while offsetting your cost of living, or rent out both sides for two streams of income. Property is habitable but would require a sizable renovation to maximize market rents.

Last Agent to Sell the Property

Robert Drimmer

Compass Tennessee, LLC Brokerage Phone: 6094626636 License #321053 Listed on: 02/21/2025

Compass Tennessee, LLC

Last Buyer's Agent

Robert Drimmer

Compass Tennessee, LLC Brokerage Phone: 6094626636 License #321053 Listed on: 02/21/2025

Compass Tennessee, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 50 x 144

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Pad
  • Gravel Driveway

Schools

  • Rosebank Elementary School
  • Stratford Stem Magnet School Lower Campus Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,000
  • Assessor Parcel Number 08303029100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastwood Neighbors Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $36,000
  • Net Operating Income $35,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,090

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1964
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6094626636
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 1625
  • Building Area Units: Square Feet
  • Living Area: 1625
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Parking Features: Gravel, Parking Pad
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R6
  • Lot Size: 50 X 144
  • Lot Size Units: Acres
  • Parcel #: 08303029100
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 36000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 35999
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 3000

Tax Info

  • Tax Annual Amount: 4090

MLS Schools

  • Elementary School: Rosebank Elementary
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Stratford STEM Magnet School Lower Campus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Feb 21, 2025
Sold by
Americare Properties Llc and Ira Innovations Llc
Bought by
Drimmer Robert
Seller's Agent
Robert Drimmer
Compass Tennessee, LLC
Buyer's Agent
Robert Drimmer
Compass Tennessee, LLC
List Price
$422,500
Sold Price
$422,500
Current Estimated Value
$421,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$511
Avg. Annual Appreciation
-2.26%

Purchase Details

Closed on
Aug 25, 2023
Sold by
Fleming Kelli and Fleming Stephon
Bought by
Americare Properties Llc and Ira Innovations Llc

Purchase Details

Closed on
Apr 20, 2018
Sold by
Fleming Stephen
Bought by
Fleming Kelli

Purchase Details

Closed on
Feb 25, 2009
Sold by
Fleming Stephon D
Bought by
Fleming Barbara J

Purchase Details

Closed on
Mar 4, 2008
Sold by
Fleming Barbara J and Fleming Williams Barbar J
Bought by
Fleming Stephon D

Purchase Details

Closed on
Feb 16, 2007
Sold by
Cotton Malcolm
Bought by
Williams Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2004
Sold by
Pillow Shantell D
Bought by
Cotton Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2001
Sold by
Schwegman Maurice J and Schwegman Teri A
Bought by
Pillow Shantell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.11%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Shemin Robert D
Bought by
Schwegman Maurice and Schwegman Teri
Source: Public Records

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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 $422,500 None Listed On Document
Quit Claim Deed $350,000 Tennessee Title
Quit Claim Deed $350,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Bicentennial Title & Escrow
Warranty Deed $128,000 Bicentennial Title & Escrow
Warranty Deed $100,000 Franklin Title & Escrow Llc
Warranty Deed $88,000 Transcontinental Title Compa
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $74,800 No Value Available
Closed $8,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $422,500 0.0% $260 / Sq Ft
02/21/2025 02/21/25 Sold $422,500 0.0% $260 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $422,500 0.0% $260 / Sq Ft
01/01/2025 01/01/25 Off Market $422,500 -- --
11/15/2024 11/15/24 Price Changed $550,000 -4.3% $338 / Sq Ft
10/29/2024 10/29/24 Price Changed $575,000 -8.0% $354 / Sq Ft
10/12/2024 10/12/24 For Sale $625,000 -- $385 / 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 $4,090 $125,680 $69,000 $56,680
2023 $4,090 $125,680 $69,000 $56,680
2022 $4,090 $125,680 $69,000 $56,680
2021 $4,132 $125,680 $69,000 $56,680
2020 $4,307 $102,040 $69,000 $33,040
2019 $3,219 $102,040 $69,000 $33,040
2018 $3,219 $102,040 $69,000 $33,040
2017 $3,219 $102,040 $69,000 $33,040
2016 $2,440 $54,040 $24,120 $29,920
2015 $2,440 $54,040 $24,120 $29,920
2014 $2,440 $54,040 $24,120 $29,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2794630

Realtracs

APN: 083-03-0-291