NOT LISTED FOR SALE

232 Cumberland Ave Nashville, TN 37115

Estimated Value: $319,000 - $407,000

6 Beds
3 Baths
2,169 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $200,000 $92 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,352/month

104 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • Property has 1 Level
  • Cooling Available

About This Home

As of May 2019

DUPLEX OR POSSIBLE TRIPLEX. GREAT LOCATION IN THE HEART OF MADISON. Being sold AS-IS, below appraised value! Ideal for Investors! The main unit has 3 bedrooms, 1 bathroom, and full kitchen and living area. There is an attached living area that would be a perfect mother-in-law suite with an extra bedroom and separate entry. The second unit is 2 bedroom, 1 bathroom, with kitchen and living area. The second unit has a separate entry and driveway.

Last Agent to Sell the Property

Josh Anderson

The Anderson Group Real Estate Services, LLC License # 304262 Listed on: 01/02/2019

Last Buyer's Agent

Edwin Vicens

Adaro Realty License #267054

Adaro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1946

Lot Details

  • Lot Dimensions are 126 x 165

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Laminate

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space
  • Gravel Driveway

Schools

  • Amqui Elementary School
  • Neelys Bend Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,950
  • Assessor Parcel Number 04309015300

Community Details

Overview

  • 2 Units
  • Woodlawn Estates Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $23,000
  • Net Operating Income $22,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,509

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1946
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate
  • Above Grade Finished Sq Ft: 2169
  • Building Area Units: Square Feet
  • Living Area: 2169
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Attached, Concrete, Gravel
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: R1 Duplex
  • Lot Size: 126 X 165
  • Lot Size Units: Acres
  • Parcel #: 04309015300
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 23000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 22999
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1950

Tax Info

  • Tax Annual Amount: 1509

MLS Schools

  • Elementary School: Amqui Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Neelys Bend Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
May 28, 2019
Sold by
Shelton Bobbie J and Shelton Shirley Charles
Bought by
Fares Manhal
Seller's Agent
Josh Anderson
The Anderson Group Real Estate Services, LLC
Buyer's Agent
Edwin Vicens
Adaro Realty
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Current Estimated Value
$377,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,821
Avg. Annual Appreciation
10.59%
Original Mortgage
$150,000
Outstanding Balance
$132,160
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$242,937
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
Fares Manhal $200,000 American T&E Svc Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fares Manhal $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $200,000 -16.7% $92 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $240,000 -- $111 / 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 $3,523 $108,280 $23,000 $85,280
2023 $3,523 $108,280 $23,000 $85,280
2022 $3,523 $108,280 $23,000 $85,280
2021 $3,560 $108,280 $23,000 $85,280
2020 $3,230 $76,520 $15,840 $60,680
2019 $1,509 $47,825 $9,900 $37,925
2018 $1,509 $47,825 $9,900 $37,925
2017 $1,509 $47,825 $9,900 $37,925
2016 $1,078 $27,475 $5,900 $21,575
2015 $1,078 $27,475 $5,900 $21,575
2014 $894 $27,475 $5,900 $21,575
Source: Public Records

Agents Affiliated with this Home

  • Josh Anderson

    Seller's Agent in 2019

    Josh Anderson

    The Anderson Group Real Estate Services, LLC

    (615) 509-7000

    2 in this area

    685 Total Sales

    Josh Anderson
    Section Image
  • Edwin Vicens

    Buyer's Agent in 2019

    Edwin Vicens

    Adaro Realty

    (615) 944-6260

    4 Total Sales

    Edwin Vicens
    Section Image
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Map

Source: Realtracs

MLS Number: 1999374

Realtracs

APN: 043-09-0-153

Tennessee Davidson County Nashville 37115

232 Cumberland Ave, Nashville, TN

This home is located at 232 Cumberland Ave, Nashville, TN 37115 since 02 January 2019 and is currently estimated at $377,821, approximately $174 per square foot. This property was built in 1946. 232 Cumberland Ave is a home located in Davidson County with nearby schools including Amqui Global Communications Magnet K-8 School, Hunters Lane Comprehensive High School, and Smithson Craighead Academy.

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