NOT LISTED FOR SALE

220 E Spring St Lebanon, TN 37087

Estimated Value: $319,000 - $380,000

-- Bed
2 Baths
1,749 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $325,000 $186 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,981/month

220 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Wood Siding
  • Property has 1 Level

About This Home

As of June 2023

Great Investment Potential. Currently rented to long term tenants. Great location convenient to downtown, shopping, churches and schools. Convenient to I-40, BNA Airport and downtown Nashville,

Last Agent to Sell the Property

Chaz Lowe

Keller Williams Realty - Lebanon License #367792 Listed on: 10/04/2022

Keller Williams Realty - Lebanon

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1989

Lot Details

  • 0.35

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,749 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Castle Heights Elementary School
  • Winfree Bryant Middle School
  • Lebanon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 068L F 01600 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,220

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1989
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1749
  • Building Area Units: Square Feet
  • Living Area: 1749
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • Roof: Metal
  • 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, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: 08
  • Lot Size Units: Acres
  • Parcel #: 068L F 01600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1220

MLS Schools

  • Elementary School: Castle Heights Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Winfree Bryant Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Jun 12, 2023
Sold by
Lowe Acres Llc
Bought by
Working Joint Revocable Living Trust
Seller's Agent
Chaz Lowe
Keller Williams Realty - Lebanon
Buyer's Agent
NONMLS NONMLS
List Price
$349,999
Sold Price
$325,000
Premium/Discount to List
-$24,999
-7.14%
Views
290
Current Estimated Value
$345,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,441
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
May 10, 2022
Sold by
Dc Residential Llc
Bought by
Lowe Acres Llc

Purchase Details

Closed on
Jan 18, 1989
Bought by
Lowe Charles

Purchase Details

Closed on
Jun 7, 1988
Bought by
Lowe Charles and John Robert Lowe

Purchase Details

Closed on
Jul 7, 1960
Bought by
Starnes Starnes J and Starnes Athalene
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
Working Joint Revocable Living Trust $325,000 None Listed On Document
Lowe Acres Llc -- None Listed On Document
Lowe Charles -- --
Lowe Charles $15,000 --
Starnes Starnes J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $325,000 0.0% $186 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/25/2023 04/25/23 Off Market $325,000 -- --
01/10/2023 01/10/23 For Sale $349,999 +7.7% $200 / Sq Ft
01/01/2023 01/01/23 Off Market $325,000 -- --
10/04/2022 10/04/22 For Sale $349,999 -- $200 / 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 $1,220 $55,320 $15,000 $40,320
2022 $1,599 $55,320 $15,000 $40,320
2021 $1,600 $55,320 $15,000 $40,320
2020 $1,743 $55,320 $15,000 $40,320
2019 $398 $46,360 $8,160 $38,200
2018 $1,627 $46,360 $8,160 $38,200
2017 $1,627 $46,360 $8,160 $38,200
2016 $1,627 $46,360 $8,160 $38,200
2015 $1,682 $46,360 $8,160 $38,200
2014 $1,506 $41,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2446045

Realtracs

APN: 068L-F-016.00