NOT LISTED FOR SALE

Estimated Value: $552,000 - $977,000

3 Beds
3 Baths
2,702 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $414,900 $154 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,573/month

Highlights

  • Wood Flooring
  • Central Heating
  • Wood Siding
  • Cooling Available

About This Home

As of April 2018

Great opportunity for investment in Vandy/Mid-town! High demand for rentals in this area. This Duplex has a 2 BR/2BA unit and a 1 BR/1BA unit. Owner selling "As Is". Property is subject to Historic Overlay. 24-hour notice for showings requested.

Last Agent to Sell the Property

Debbie Lambert

Benchmark Realty, LLC License # 325459 Listed on: 03/16/2018

Benchmark Realty, LLC

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,147

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 70 x 175

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Eakin Elementary School
  • West End Middle School
  • Hillsboro Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,225
  • Assessor Parcel Number 10411021400

Community Details

Overview

  • 2 Units
  • Fairfax Place Subdivision

Building Details

  • Operating Expense $8,801
  • Gross Income $26,900
  • Net Operating Income $18,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,147

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Inclusions: APPLN
  • Unit Levels: Three Or More
  • Year Built Details: HIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile, Vinyl
  • Above Grade Finished Sq Ft: 2391
  • Below Grade Sq Ft: 311
  • Building Area Units: Square Feet
  • Living Area: 2702
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Rs7.5
  • Lot Size: 70 X 175
  • Lot Size Units: Acres
  • Parcel #: 10411021400
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 26900
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 18099
  • Number Of Units Total: 2
  • Annual Operating Expense: 8801
  • Total Actual Rent: 2225

Tax Info

  • Tax Annual Amount: 4147

MLS Schools

  • Elementary School: Eakin Elementary
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: West End Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 30, 2018
Sold by
Prewitt Carol A
Bought by
Mcmorrow Jones Robert Eric and Mcmorrow Jones Sheila
Seller's Agent
Debbie Lambert
Benchmark Realty, LLC
Buyer's Agent
NONMLS NONMLS
List Price
$95,000
Sold Price
$414,900
Premium/Discount to List
$319,900
336.74%
Current Estimated Value
$767,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,535
Avg. Annual Appreciation
9.52%
Original Mortgage
$404,900
Outstanding Balance
$251,123
Interest Rate
4.45%
Mortgage Type
Unknown
Estimated Equity
$553,453

Purchase Details

Closed on
Jul 26, 2010
Sold by
Williams Clyde L
Bought by
Prewitt Carol A
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 Buyer Sale Price Title Company
Mcmorrow Jones Robert Eric $414,900 Premier Escrow Llc
Prewitt Carol A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmorrow Jones Robert Eric $404,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Off Market $414,900 -- --
09/14/2020 09/14/20 For Sale $95,000 -77.1% $35 / Sq Ft
04/30/2018 04/30/18 Sold $414,900 -- $154 / 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 $4,686 $144,000 $132,000 $12,000
2023 $4,686 $144,000 $132,000 $12,000
2022 $4,686 $144,000 $132,000 $12,000
2021 $4,735 $144,000 $132,000 $12,000
2020 $5,585 $132,320 $127,600 $4,720
2019 $4,175 $132,320 $127,600 $4,720
2018 $4,175 $132,320 $127,600 $4,720
2017 $4,175 $132,320 $127,600 $4,720
2016 $4,839 $107,160 $85,800 $21,360
2015 $4,839 $107,160 $85,800 $21,360
2014 $4,839 $107,160 $85,800 $21,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1911325

Realtracs

APN: 104-11-0-214