NOT LISTED FOR SALE

Estimated Value: $460,000 - $585,000

4 Beds
2 Baths
1,700 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $112,000 $66 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $3,016/month

Highlights

  • Cooling Available
  • Carpet
  • Property has 1 Level
  • Central Heating

About This Home

As of March 2013

CASH COW! This is a low maintenance, 1 level, all brick duplex, located in a booming, up and coming area. Both units are rent ready and easy to rent. Each has its own private backyard and driveway. Live mortgage free! Live in 1 side & rent the other.

Last Agent to Sell the Property

Frank Miles

Compass Tennessee, LLC Brokerage Phone: 6152958361 License # 318716 Listed on: 02/21/2013

Compass Tennessee, LLC

Last Buyer's Agent

Allen Perry

Compass Tennessee, LLC License #303659

Compass Tennessee, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 98 x 165

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,200
  • Assessor Parcel Number 07305020800

Community Details

Overview

  • 2 Units
  • Dalewood Subdivision

Building Details

  • Operating Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,726

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6152958361
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1700
  • Building Area Units: Square Feet
  • Living Area: 1700
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • 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, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Rs10
  • Lot Size: 98 X 165
  • Lot Size Units: Acres
  • Parcel #: 07305020800
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: -1
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1200

Tax Info

  • Tax Annual Amount: 1726

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
Sep 26, 2018
Sold by
Lutz Cameron
Bought by
Graves Nancy Caroline and Graves Bryan
Current Estimated Value
$506,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,105
Outstanding Balance
$273,722
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$232,518

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 28, 2013
Sold by
Bobbitt Lisa Michelle
Bought by
Lutz Cameron
Seller's Agent
Frank Miles
Compass Tennessee, LLC
Buyer's Agent
Allen Perry
Compass Tennessee, LLC
List Price
$274,900
Sold Price
$112,000
Premium/Discount to List
-$162,900
-59.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$84,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Kittrell Opal Nadine and Bobbitt Lisa Michelle
Bought by
Bobbitt Lisa Michelle and The Opal N Kittrell Trust
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
Graves Nancy Caroline $319,900 Centennial Title Co Inc
Lutz Cameron $112,000 Foundation Title & Escrow Se
Bobbitt Lisa Michelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Nancy Caroline $314,105
Previous Owner Lutz Cameron $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $274,900 +145.4% $162 / Sq Ft
03/28/2013 03/28/13 Sold $112,000 -- $66 / 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 $4,117 $126,520 $50,000 $76,520
2023 $4,117 $126,520 $50,000 $76,520
2022 $4,117 $126,520 $50,000 $76,520
2021 $4,160 $126,520 $50,000 $76,520
2020 $3,061 $72,520 $28,000 $44,520
2019 $2,288 $72,520 $28,000 $44,520
2018 $0 $72,520 $28,000 $44,520
2017 $2,288 $72,520 $28,000 $44,520
2016 $1,722 $38,120 $14,600 $23,520
2015 $1,722 $38,120 $14,600 $23,520
2014 $1,722 $38,120 $14,600 $23,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1428439

Realtracs

APN: 073-05-0-208