NOT LISTED FOR SALE

232 E 15th St Cookeville, TN 38501

Estimated Value: $216,000 - $252,000

2 Beds
2 Baths
1,456 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Last sale price $240,000 $165 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,243 / mo

Highlights

  • Lawn
  • Central Air
  • Heating System Uses Natural Gas
  • No HOA

About This Home

As of June 2025

Looking for your next investment? Look no further!! This 1,456 sqft duplex offers 1 bedroom and 1 bathroom, kitchen appliances, and washer and dryer hookups for individual unit. Each unit rents for $750/month and offers a gross operating income of $18,000/year and cap rate of 7.2%. Unit A is currently vacant and ready to be leased. Unit B is currently occupied and on a lease. Schedule your showing today!!

Last Agent to Sell the Property

Sabrina Brazle

The Realty Firm Brokerage Phone: 9315207750 License #345676 Listed on: 02/25/2025

Last Buyer's Agent

Ethan DeLoach

The Realty Firm License #375117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lawn
  • Garden

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Putnam Elementary And Middle School
  • Putnam High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $750
  • Assessor Parcel Number 015.00
  • $6,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 3 Vacant Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,088

Year Built

Built in 1955

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Attribution Contact: 9315207750
  • Directions: From PCCH: Turn right onto Boyd St; Turn right onto N Washington Ave; Turn left onto E 12th St; Turn right onto Mississippi Ave; Turn left onto E 15th St; Home on right (no sign).
  • Prop. Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.23
  • Lot Size: 0.23 ac
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Refrigerator, Electric Range
  • Has Basement: Crawl Space
  • Flooring: Tile
  • Total Bedrooms: 2
  • Entry Location: Unit 1 Location(M),Unit 2 Location(M)
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1456
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Lawn, Garden
  • Roof: Metal
  • Construction Type: Frame, Brick
  • Patio And Porch Features: Stoop
  • Property Condition: Unit 1 Condition(Good), Unit 2 Condition(Good)

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, City of Cookeville
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Gas Company: Separate Meter, City of Cookeville
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Separate Meter, City of Cookeville

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Putnam
  • High School: Putnam
  • Middle Or Junior School: Putnam

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 015.00

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Annual Gross Income: 18000
  • Number Of Units Vacant: 3
  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 1088.32
  • Tax Map Number: 040K

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Jun 30, 2025
Sold by
Robinson Property Group Llc
Bought by
Hopper William and Hopper Taylor
Seller's Agent
Sabrina Brazle
The Realty Firm
Buyer's Agent
Ethan DeLoach
The Realty Firm
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
67
Current Estimated Value
$234,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,494
Avg. Annual Appreciation
-2.69%
Original Mortgage
$120,000
Outstanding Balance
$119,379
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$115,127

Purchase Details

Closed on
Dec 22, 2021
Sold by
Frost Kevin F and Frost Karen H
Bought by
Robinson Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2018
Sold by
Music City Roofers Llc
Bought by
Frost Kevin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2018
Sold by
Brush David Lee
Bought by
Music City Roofers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,625
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Jul 10, 2015
Sold by
Damsky Mitch
Bought by
Brush David Lee
Seller's Agent
Dino Cates
Re/max Cross Roads
Buyer's Agent
Dino Cates
Re/max Cross Roads
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Oct 6, 2005
Bought by
Damsky Mitch and Damsky Carol

Purchase Details

Closed on
Jun 16, 2004
Sold by
Ferrell Joe M and Ferrell Patti
Bought by
Soard Charles D

Purchase Details

Closed on
May 11, 2004
Sold by
King Leslie H and King Peggy M
Bought by
Grimes James M and Grimes Patricia D

Purchase Details

Closed on
Mar 24, 1988
Bought by
Mason Waymon and Mason Verla

Purchase Details

Closed on
Nov 8, 1982
Bought by
Anderson Walter B and Anderson Gladys B
Source: Public Records
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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
Hopper William $240,000 None Listed On Document
Hopper William $240,000 None Listed On Document
Robinson Property Group Llc $145,000 None Available
Frost Kevin F $87,500 --
Music City Roofers Llc $50,000 --
Brush David Lee $125,000 --
Damsky Mitch $78,000 --
Soard Charles D $27,000 --
Grimes James M $70,000 --
Mason Waymon $35,000 --
Anderson Walter B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopper William $120,000
Closed Hopper William $120,000
Previous Owner Robinson Property Group Llc $123,250
Previous Owner Frost Kevin F $65,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $240,000 -4.0% $165 / Sq Ft
02/25/2025 02/25/25 For Sale $249,900 +99.9% $172 / Sq Ft
07/10/2015 07/10/15 Sold $125,000 0.0% $86 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $125,000 -- --
Source: Upper Cumberland Association of REALTORS®

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
2025 -- $30,400 $5,325 $25,075
2024 $0 $30,400 $5,325 $25,075
2023 $1,089 $30,400 $5,325 $25,075
2022 $1,000 $30,400 $5,325 $25,075
2021 $1,001 $30,400 $5,325 $25,075
2020 $906 $30,400 $5,325 $25,075
2019 $906 $23,125 $5,325 $17,800
2018 $1,321 $37,000 $8,520 $28,480
2017 $1,321 $37,000 $8,520 $28,480
2016 $1,321 $37,000 $8,520 $28,480
2015 $1,321 $37,000 $8,520 $28,480
2014 $889 $23,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 234793

Upper Cumberland Association of REALTORS®

APN: 040K-A-015.00

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