NOT LISTED FOR SALE

Estimated Value: $388,000

6 Beds
2 Baths
2,180 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $335,000 $154 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,455/month

98 Days on Market

Highlights

  • City View
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Carpet

About This Home

As of August 2020

RARE RM20 zoning in prime McFerrin Park with potentially remarkable views of downtown Nashville. Two existing 3 bedroom homes on property if rental property is preferred.

Last Agent to Sell the Property

Wes Postlethwaite

Keller Williams Realty Nashville/Franklin License #326039 Listed on: 04/30/2020

Keller Williams Realty Nashville/Franklin

Last Buyer's Agent

William Johnson

eXp Realty License #330494

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 165

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,180 Sq Ft Home
  • Property has 1 Level
  • City Views

Flooring

  • Carpet
  • Vinyl

Schools

  • Glenn Enhance Option Elementary School
  • Gra-Mar Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 08211006400

Community Details

Overview

  • 2 Units
  • Bryan Subdivision

Building Details

  • Gross Income $2,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 2180
  • Building Area Units: Square Feet
  • Living Area: 2180
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • Roof: Asphalt
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: RM20
  • Lot Size Acres: 0.18
  • Lot Size: 50 X 165
  • Lot Size Units: Acres
  • Parcel #: 08211006400
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 2000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 2215

MLS Schools

  • Elementary School: Glenn Enhance Option School
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Gra-Mar Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2021
Sold by
Rise Development Llc
Bought by
243 Foster Street Partners
Current Estimated Value
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 4, 2020
Sold by
Ads Of South Florida Llc
Bought by
Rise Development Llc
Seller's Agent
Wes Postlethwaite
Keller Williams Realty Nashville/Franklin
Buyer's Agent
William Johnson
eXp Realty
List Price
$400,000
Sold Price
$335,000
Premium/Discount to List
-$65,000
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Watts Leland D
Bought by
Young M A

Purchase Details

Closed on
Feb 10, 2012
Sold by
Young M A
Bought by
Ads Of South Florida Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Bancorpsouth Bank
Bought by
Watts Leland D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
5.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2009
Sold by
Leone Michael and Lepera Mark
Bought by
Bancorpsouth Bank

Purchase Details

Closed on
Aug 29, 2007
Sold by
Lepera Mark
Bought by
Leone Michael

Purchase Details

Closed on
Jul 18, 2006
Sold by
Walker Vincent M and Walker Sharetta S
Bought by
Lepera Mark and Leone Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,680
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Jul 24, 2001
Sold by
Sanford James R and Sanford Vicky Lynn
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Dec 13, 1999
Sold by
Buchi E R
Bought by
Sanford James R and Sanford Vicky Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,461
Interest Rate
7.85%
Mortgage Type
FHA
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
243 Foster Street Partners $505,000 Rudy Title & Escrow Llc
Rise Development Llc $335,000 Advantage Title & Escrow
Young M A $60,000 None Available
Ads Of South Florida Llc $105,200 Advantage Title & Escrow
Watts Leland D $65,000 None Available
Bancorpsouth Bank $72,000 None Available
Leone Michael -- None Available
Lepera Mark $83,000 1St Trust Title Inc
Hud $82,066 --
Tennessee Housing Development Agency $82,066 --
Sanford James R $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 243 Foster Street Partners $1,605,000
Closed 243 Foster Street Partners $400,000
Previous Owner Rise Development Llc $280,000
Previous Owner Watts Leland D $68,600
Previous Owner Lepera Mark $175,680
Previous Owner Walker Vincent M $80,000
Previous Owner Sanford James R $75,461
Closed Sanford James R $4,061
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $335,000 -16.3% $154 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $400,000 -- $183 / 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
2020 $2,963 $70,200 $40,000 $30,200
2019 -- $70,200 $40,000 $30,200
2018 -- $70,200 $40,000 $30,200
2017 -- $70,200 $40,000 $30,200
2016 -- $42,160 $10,800 $31,360
2015 -- $42,160 $10,800 $31,360
2014 -- $42,160 $10,800 $31,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2145286

Realtracs

APN: 082-11-0-064