NOT LISTED FOR SALE

2196 N Ranch Rd Unit 2198 Murfreesboro, TN 37129

Estimated Value: $292,731 - $360,000

Studio
2 Baths
1,760 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2023

Last sale price $370,000 $210 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,878 / mo

13 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Carpet
  • Siegel Middle School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of June 2023

Fantastic Investment 2196-2198 N Ranch Rd.Opportunity-All brick Duplex 2BD/1 Bath per unit located in quiet residential area, Backs up to farm with tons of privacy. Convenient to I-840 & Thompson Lane. Each unit recently updated with Luxury vinyl flooring & 1 side has new carpet. Private driveway & parking for both units. No current tenants or leases so you set your rent! Siegel Middle & High School. Both units are identical to each other layout. Patio area with storage and buildings. Selling AS-IS multiple offers: deadline 5–22-23 @1:00 p.m.

Last Agent to Sell the Property

Tracey Hannah

Benchmark Realty, LLC License # 337879 Listed on: 05/09/2023

Benchmark Realty, LLC

Last Buyer's Agent

Elaina Ryan

RE/MAX Carriage House License #278638

RE/MAX Carriage House

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 93.7 x 246 x182 x 221

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

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

Schools

  • Walter Hill Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $2,400
  • Assessor Parcel Number 058I A 00100 R0034164

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Little Ranch Acres Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1,200
  • Net Operating Income $1,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$813

Year Built

Built in 1978

Lot Details

1 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1978
  • Inclusions: APPLN,OTHER
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1760
  • Building Area Units: Square Feet
  • Living Area: 1760
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

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
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RM
  • Lot Size Acres: 1
  • Lot Size: 93.7 X 246 X182 X 221
  • Lot Size Units: Acres
  • Parcel #: 058I A 00100 R0034164
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1199
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2400

Tax Info

  • Tax Annual Amount: 813

MLS Schools

  • Elementary School: Walter Hill Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 16, 2023
Sold by
Bought by
Seller's Agent
Tracey Hannah
Benchmark Realty, LLC
Buyer's Agent
Elaina Ryan
RE/MAX Carriage House
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Views
112
Current Estimated Value
$329,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,567
Avg. Annual Appreciation
-3.72%

Purchase Details

Closed on
Nov 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.57%

Purchase Details

Closed on
Oct 8, 1998
Sold by
Bought by

Purchase Details

Closed on
May 6, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 Momentum Title
-- --
-- --
$91,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $370,000 -7.5% $210 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $399,900 -- $227 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $69,500 $11,250 $58,250
2024 $1,304 $69,500 $11,250 $58,250
2023 $1,304 $49,500 $11,250 $38,250
2022 $813 $50,325 $11,250 $39,075
2021 $818 $36,850 $8,500 $28,350
2020 $818 $36,850 $8,500 $28,350
2019 $818 $36,850 $8,500 $28,350
2018 $774 $36,850 $0 $0
2017 $715 $26,675 $0 $0
2016 $715 $26,675 $0 $0
2015 $715 $26,675 $0 $0
2014 $663 $26,675 $0 $0
2013 -- $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Hannah

    Seller's Agent in 2023

    Tracey Hannah

    Benchmark Realty, LLC

    (615) 598-0415

    35 Total Sales

    Tracey Hannah
    Section Image
  • Elaina Ryan

    Buyer's Agent in 2023

    Elaina Ryan

    RE/MAX

    (615) 566-4897

    7 Total Sales

    Elaina Ryan
    Section Image
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Map

Source: Realtracs

MLS Number: 2516527

Realtracs

APN: 058I-A-001.00-000

Tennessee Rutherford County Murfreesboro 37129

2196 N Ranch Rd Unit 2198, Murfreesboro, TN

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.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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