NOT LISTED FOR SALE

224 4th Ave N Lewisburg, TN 37091

Estimated Value: $174,263 - $234,000

-- Bed
2 Baths
1,790 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 02, 2023

Last sale price $200,000 $112 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,262/month

4 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Oak Grove Elementary School Rated A
  • No HOA
  • 2 Car Garage

About This Home

As of September 2023

Excellent opportunity to invest in the heart of Lewisburg,3 Units with parking space and garage,individual utilities connections,a real deal for impetuous investors.Commercial property Type,ideal for small businesses,such as barbershop,beauty salon,offices etc.

Last Agent to Sell the Property

Raimundo Ferrer

Reliant Realty ERA Powered License # 293164 Listed on: 08/14/2023

Reliant Realty ERA Powered

Last Buyer's Agent

Sheila Chilton

Impact Realty License #311814

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 1955

Lot Details

  • 0.6 Acre Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • City Views

Schools

  • Cornersville Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 064I F 03300 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,722

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1955
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Above Grade Finished Sq Ft: 1790
  • Building Area Units: Square Feet
  • Living Area: 1790
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Aluminum Siding
  • Pool Private: No
  • Roof: Shingle
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached/Detached, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.6
  • Lot Size: 96X293.8 IRR
  • Lot Size Units: Acres
  • Parcel #: 064I F 03300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1722

MLS Schools

  • Elementary School: Cornersville Elementary
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Aug 31, 2023
Sold by
Diamond Property Investments Llc
Bought by
Mcclean Shannnon T and Mcclean Stephanie
Seller's Agent
Raimundo Ferrer
Reliant Realty ERA Powered
Buyer's Agent
Sheila Chilton
Impact Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
7
Current Estimated Value
$205,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,066
Avg. Annual Appreciation
2.85%
Original Mortgage
$172,000
Outstanding Balance
$168,475
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$43,046

Purchase Details

Closed on
Apr 14, 2023
Sold by
Music City Holdings Llc
Bought by
Diamond Property Investments Llc

Purchase Details

Closed on
Jul 27, 2005
Sold by
Secretary Of Housing
Bought by
Robert Dalton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Jun 9, 2000
Bought by
Baldwin James L

Purchase Details

Closed on
Apr 20, 1995
Sold by
Mayes William C
Bought by
Wayne Jones Billy

Purchase Details

Closed on
Jun 28, 1990
Bought by
Mayes William C
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
Mcclean Shannnon T $200,000 None Listed On Document
Diamond Property Investments Llc -- Concord Title
Music City Holdings Llc $100,000 Mid State Title
Robert Dalton $62,000 --
Secretary Of Housing And Urban Development $92,600 --
Baldwin James L $78,100 --
Wayne Jones Billy $70,000 --
Mayes William C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclean Shannnon T $172,000
Previous Owner Mayes William C $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2023 09/02/23 Sold $200,000 -13.0% $112 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $230,000 -- $128 / 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 -- $55,480 $5,080 $50,400
2023 $1,722 $55,480 $5,080 $50,400
2022 $1,722 $55,480 $5,080 $50,400
2021 $1,645 $35,360 $4,200 $31,160
2020 $1,645 $35,360 $4,200 $31,160
2019 $1,592 $35,360 $4,200 $31,160
2018 $1,575 $35,360 $4,200 $31,160
2017 $1,575 $35,360 $4,200 $31,160
2016 $1,589 $31,040 $4,000 $27,040
2015 $1,450 $31,040 $4,000 $27,040
2014 $1,450 $31,040 $4,000 $27,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2559668

Realtracs

APN: 064I-F-033.00