NOT LISTED FOR SALE

2266 Magura Dr Unit 2280 Cookeville, TN 38501

Estimated Value: $227,000 - $295,000

8 Beds
8 Baths
4,032 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $360,000 $89 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $1,479/month

Highlights

  • 1.02 Acre Lot
  • No HOA
  • Ceiling Fan
  • Lawn
  • Central Air
  • Heat Pump System

About This Home

As of September 2021

Just right outside Cookeville city limits West - near Tennessee Ave with easy access to I-40. Two duplexes each with 2BR, 1.5 BA units, HVAC, vinyl siding and metal roofs all sitting on a combined 1 acre lot. Duplex containing units 5 & 6 were built in 1987. Duplex containing units 7 & 8 was built in 1989 with recent updates. All 4 units are currently rented. Occupants pay all their utilities. Each unit has a stove, dishwasher and refrigerator. Washer and dryer remain with units 7 & 8. Parcel ID # 039 076.04000 & 039 076.13000

Last Agent to Sell the Property

Donna Poston Grider

American Way Real Estate Brokerage Phone: 9315269581 License #327495 Listed on: 04/19/2021

Co-Listed By

Frances Poston

American Way Real Estate Brokerage Phone: 9315269581 License #220817

Last Buyer's Agent

Donna Poston Grider

American Way Real Estate Brokerage Phone: 9315269581 License #327495 Listed on: 04/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1987

Lot Details

  • 1.02 Acre Lot
  • Lawn

Parking

  • Unpaved Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,032 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,900
  • Assessor Parcel Number 076.04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: From PCCH: Take Hwy 70 N., right onto Thomas Rd., left onto Magura, both duplex on left with sign.
  • Prop. Type: Residential Income
  • Year Built: 1987
  • Property Sub Type: Duplex
  • Lot Size Acres: 1.02
  • Lot Size: See Ac.
  • Co List Office Mls Id: 5
  • Co List Office Phone: 931-526-9581
  • Special Features: None

Interior Features

  • Appliances: Dishwasher,Range Hood,Washer,Electric Range,Dryer,Electric Oven, Electric Water Heater
  • Has Basement: Crawl Space
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 8
  • Living Area: 4032

Exterior Features

  • Exterior Features: Lawn
  • Roof: Metal
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Unpaved, Unit 1 Car Storage(0), Unit 2 Car Storage(0), Unit 3 Car Storage(0), Unit 4 Car Storage(0)

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Upper Cumberland
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Gas Company: N/A
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup, Unit 4 Wshr/Dryr Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Double Springs

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 076.04

Rental Info

  • Lease Term: Unit 1 Lease Term(One Y),Unit 2 Lease Term(One Y),Unit 3 Lease Term(One Y),Unit 4 Lease Term(One Y)

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Total Actual Rent: 2900

Tax Info

  • Tax Annual Amount: 2185
  • Tax Map Number: 039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Sep 30, 2021
Sold by
Swindell Ronald Edward and Swindell Shannon Nicole
Bought by
Salina Sandra L and Salina Omar A
Seller's Agent
Donna Poston Grider
American Way Real Estate
Buyer's Agent
Donna Poston Grider
American Way Real Estate
Sold Price
$360,000
Current Estimated Value
$255,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,398
Avg. Annual Appreciation
-8.05%
Original Mortgage
$144,000
Outstanding Balance
$131,315
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$124,287

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 7, 2018
Sold by
Hall Dan
Bought by
Swindell Ronald Edward
Seller's Agent
Gil Gibbs
Crye-Leike Realtors
Buyer's Agent
Gil Gibbs
Crye-Leike Realtors
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.14%
Original Mortgage
$113,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Union Planters Bank
Bought by
Dan Hall

Purchase Details

Closed on
Oct 20, 2004
Bought by
Union Planters Bank

Purchase Details

Closed on
Mar 2, 2001
Sold by
Hargis Steven W and Hargis Heather
Bought by
Sandy Eldridge

Purchase Details

Closed on
Sep 20, 1999
Sold by
Klein Karl J
Bought by
Hargis Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.89%

Purchase Details

Closed on
Sep 9, 1993
Bought by
Klein Karl J and Sue Ellen

Purchase Details

Closed on
Sep 12, 1985
Bought by
Stewart Douglas and Stewart Maxine
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
Salina Sandra L $180,000 None Available
Salina Sandra L $180,000 None Listed On Document
Swindell Ronald Edward $110,000 --
Dan Hall $113,500 --
Union Planters Bank $52,500 --
Sandy Eldridge $169,000 --
Hargis Steven W $127,000 --
Klein Karl J -- --
Stewart Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salina Sandra L $144,000
Closed Salina Sandra L $144,000
Previous Owner Swindell Ronald Edward $113,000
Previous Owner Stewart Douglas $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $360,000 +227.3% $89 / Sq Ft
09/07/2018 09/07/18 Sold $110,000 0.0% $55 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $110,000 -- --
01/01/1970 01/01/70 Off Market $360,000 -- --
Source: Upper Cumberland Association of REALTORS®

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 $1,619 $60,880 $7,200 $53,680
2023 $1,602 $60,240 $7,200 $53,040
2022 $1,489 $60,240 $7,200 $53,040
2021 $1,489 $60,240 $7,200 $53,040
2020 $1,063 $60,240 $7,200 $53,040
2019 $1,197 $36,320 $3,400 $32,920
2018 $1,117 $40,920 $3,400 $37,520
2017 $1,117 $40,920 $3,400 $37,520
2016 $1,117 $40,920 $3,400 $37,520
2015 $1,148 $40,920 $3,400 $37,520
2014 $1,078 $38,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Poston Grider

    Seller's Agent in 2021

    Donna Poston Grider

    American Way Real Estate

    (931) 881-4959

    16 in this area

    31 Total Sales

    Donna Poston Grider
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Frances Poston

    American Way Real Estate

    (931) 260-5460

    6 in this area

    11 Total Sales

    Frances Poston
    Section Image
  • May Diaz

    Buyer Co-Listing Agent in 2021

    May Diaz

    Crye-Leike Realtors

    (931) 243-6453

    15 in this area

    36 Total Sales

    May Diaz
    Section Image
  • Gil Gibbs

    Seller's Agent in 2018

    Gil Gibbs

    Crye-Leike Realtors

    (931) 260-4517

    2 in this area

    9 Total Sales

    Gil Gibbs
    Section Image

  • K

    Buyer Co-Listing Agent in 2018

    Kathy Dunn

    First Realty Company

See All Agents

Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 203937

Upper Cumberland Association of REALTORS®

APN: 039-076.04

Tennessee Putnam County Cookeville 38501

2266 Magura Dr Unit 2280, Cookeville, TN

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