NOT LISTED FOR SALE

2535 E Main St Murfreesboro, TN 37127

Estimated Value: $435,939 - $641,000

4 Beds
2 Baths
2,294 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 07, 2012

Last sale price $210,000 $92 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,131/month

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Oakland High School Rated A-

About This Home

As of February 2012

" DUPLEX & COMMERCIAL SHOP " 2294 SF Duplex Rental Unit Owner is Leasing and 3450 SF Commercial Shop Currently being used by the Owner for his Engine Building Company. GREAT INVESTMENT PROPERTY !

Last Agent to Sell the Property

Steve Cothran

Steve Cothran Realty, LLC License #275792 Listed on: 12/17/2011

Co-Listed By

John Cothran

Steve Cothran Realty, LLC License #289498

Last Buyer's Agent

Nicole Bird

Benchmark Realty, LLC License # 257743

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1974

Lot Details

  • 0.8

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Kittrell Elementary
  • Oakland High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,250
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 103C D 01100 R0066460

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,756
  • Gross Income $15,000
  • Net Operating Income $11,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,232

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 2294
  • Building Area Units: Square Feet
  • Living Area: 2294
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • 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: C2
  • Lot Size Units: Acres
  • Parcel #: 103C D 01100 R0066460
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 15000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 11244
  • Number Of Units Total: 2
  • Annual Operating Expense: 3756
  • Total Actual Rent: 1250

Tax Info

  • Tax Annual Amount: 3232

MLS Schools

  • Elementary School: Kittrell Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Kittrell Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2011
Closed on
Feb 6, 2012
Sold by
Petralia Michael J
Bought by
Bird Michael J Nicole G
Seller's Agent
Steve Cothran
Steve Cothran Realty, LLC
Buyer's Agent
Nicole Bird
Benchmark Realty, LLC
List Price
$67,000
Sold Price
$210,000
Premium/Discount to List
$143,000
213.43%
Current Estimated Value
$553,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,985
Avg. Annual Appreciation
7.20%
Original Mortgage
$168,000
Outstanding Balance
$115,263
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$438,722

Purchase Details

Closed on
Feb 28, 2007
Sold by
Everett Samford Dwayne
Bought by
Petralia Michael J

Purchase Details

Closed on
May 1, 2002
Sold by
Kennedy J D
Bought by
Samford Dwayne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bird Michael J Nicole G $210,000 --
Petralia Michael J $335,000 --
Samford Dwayne E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Michael J Nicole G $168,000
Previous Owner Samford Dwayne E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $67,000 -68.1% $29 / Sq Ft
02/07/2012 02/07/12 Sold $210,000 -- $92 / 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
2025 $2,811 $151,920 $29,400 $122,520
2024 $2,850 $151,920 $29,400 $122,520
2023 $2,850 $151,920 $29,400 $122,520
2022 $2,455 $151,920 $29,400 $122,520
2021 $2,635 $118,720 $22,320 $96,400
2020 $2,635 $118,720 $22,320 $96,400
2019 $2,635 $118,720 $22,320 $96,400
2018 $2,492 $118,720 $0 $0
2017 $2,699 $100,720 $0 $0
2016 $2,699 $100,720 $0 $0
2015 $2,699 $100,720 $0 $0
2014 $2,505 $100,720 $0 $0
2013 -- $96,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1326362

Realtracs

APN: 103C-D-011.00-000