208 Prospect Ave Jackson, TN 38301
Downtown Jackson NeighborhoodEstimated Value: $243,000
12
Beds
6
Baths
4,814
Sq Ft
$50/Sq Ft
Est. Value
About This Home
As of December 2019Six Units! Each unit has 2 bedrooms and 1 bathroom! Attention Investors: Amazing Income Producing Investment Opportunity to Diversify Your Portfolio and Generate High Returns ~ 6 Unit Apartment Complex ~ Can be purchased with other properties - Total of 44 Properties in Portfolio
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 0.27
Interior Spaces
- Property has 3 Levels
Utilities
- Central Air
- No Heating
Community Details
- 6 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2023
Sold by
Superior Acquisitions Llc
Bought by
D & E Properties General Partnership
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
$1,040,000
Outstanding Balance
$1,008,221
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$765,221
Purchase Details
Closed on
Aug 5, 2020
Sold by
Midland Capital
Bought by
Superior Acquisitions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 9, 2019
Closed on
Dec 5, 2019
Sold by
Wyatt Joel
Bought by
Midland Capital
List Price
$79,900
Sold Price
$79,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Purchase Details
Closed on
Feb 15, 2019
Sold by
Blurton Capital Llc
Bought by
Iberiabank
Purchase Details
Closed on
Dec 14, 2012
Sold by
Adams Ralph E
Bought by
Blurton Capital Llc
Purchase Details
Closed on
Feb 28, 2011
Sold by
First State Bank
Bought by
Adams Ralph E
Purchase Details
Closed on
Feb 3, 2011
Sold by
Holder Rt
Bought by
First State Bank
Purchase Details
Closed on
Nov 10, 2005
Bought by
Holder Rt
Purchase Details
Closed on
Jun 15, 1979
Bought by
Hefley Stephen E
Purchase Details
Closed on
Apr 29, 1977
Purchase Details
Closed on
Sep 8, 1975
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 |
|---|---|---|---|
| D & E Properties General Partnership | $1,600,000 | None Listed On Document | |
| Superior Acquisitions Llc | $300,000 | None Available | |
| Midland Capital | -- | None Available | |
| Wyatt Joel | $79,900 | Home Surety T&E Llc | |
| Iberiabank | $251,100 | None Available | |
| Blurton Capital Llc | $81,700 | -- | |
| Adams Ralph E | $70,000 | -- | |
| First State Bank | $95,000 | -- | |
| Holder Rt | $280,000 | -- | |
| Hefley Stephen E | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | D & E Properties General Partnership | $1,040,000 | |
| Previous Owner | Superior Acquisitions Llc | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2019 12/06/19 | Sold | $79,900 | 0.0% | $17 / Sq Ft |
| 12/06/2019 12/06/19 | Pending | -- | -- | -- |
| 11/09/2019 11/09/19 | For Sale | $79,900 | -- | $17 / Sq Ft |
Source: Realtracs
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 |
|---|---|---|---|---|
| 2025 | $1,307 | $69,760 | $4,880 | $64,880 |
| 2024 | $1,307 | $69,760 | $4,880 | $64,880 |
| 2022 | $2,431 | $69,760 | $4,880 | $64,880 |
| 2021 | $2,937 | $68,120 | $2,840 | $65,280 |
| 2020 | $2,937 | $68,120 | $2,840 | $65,280 |
| 2019 | $983 | $22,800 | $2,840 | $19,960 |
| 2018 | $1,787 | $22,800 | $2,840 | $19,960 |
| 2017 | $2,961 | $67,120 | $2,840 | $64,280 |
| 2016 | $2,760 | $67,120 | $2,840 | $64,280 |
| 2015 | $2,760 | $67,120 | $2,840 | $64,280 |
| 2014 | $2,760 | $67,120 | $2,840 | $64,280 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3025837
APN: 078H-S-026.00
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