NOT LISTED FOR SALE

2603 Pillow Dr Columbia, TN 38401

Estimated Value: $400,000 - $506,000

-- Bed
4 Baths
2,508 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $495,000 $197 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,544/month

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • J.E. Woodard Elementary School Rated 9+

About This Home

As of May 2023

Two property PACKAGE deal!!! 2 duplexes equals 4 doors. All are currently occupied with tenants. Makes this a PERFECT rental Investment. Great location. Properties include 2603 A&B Pillow Drive and 2605 A&B Pillow Drive Selling As IS. Buyer to verify all information.

Last Agent to Sell the Property

Rhonda King

Town & Country REALTORS License #365523 Listed on: 04/25/2023

Co-Listed By

Eddie Campbell

Town & Country REALTORS License #326083

Last Buyer's Agent

Paula Lindsey

Crye-Leike, Inc., REALTORS License #358402

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,508 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Laminate
  • Tile

Schools

  • J Brown Elementary School
  • Whitthorne Middle School
  • Columbia Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,650
  • Assessor Parcel Number 113F F 00200 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Summitt Place Subdivision

Building Details

  • Gross Income $3,650
  • Net Operating Income $3,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,950

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Tile
  • Above Grade Finished Sq Ft: 2508
  • Building Area Units: Square Feet
  • Living Area: 2508
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residental
  • Lot Size Units: Acres
  • Parcel #: 113F F 00200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 3650
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 3650
  • Number Of Units Total: 4
  • Total Actual Rent: 3650

Tax Info

  • Tax Annual Amount: 2950

MLS Schools

  • Elementary School: J Brown Elementary
  • High School: Columbia Central High School
  • Middle Or Junior School: Whitthorne Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Seidqi Mushtaq John and Seidqi Abdul K
Bought by
Siddiqi Mushtaq John
Current Estimated Value
$453,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,410,000
Outstanding Balance
$4,357,629
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$3,904,629

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 9, 2023
Sold by
Wetswerd Holdings Llc
Bought by
Seidqi Abdul
Seller's Agent
Rhonda King
Town & Country REALTORS
Buyer's Agent
Paula Lindsey
Crye-Leike, Inc., REALTORS
List Price
$598,000
Sold Price
$495,000
Premium/Discount to List
-$103,000
-17.22%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.53%

Purchase Details

Closed on
May 31, 2013
Sold by
Community First Bank & Trust
Bought by
Wetswerd Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Due J P and Due Evelyn P
Bought by
Community First Bank & Trust

Purchase Details

Closed on
Apr 14, 1962
Bought by
Due J P
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
Siddiqi Mushtaq John -- Midtown Title
Seidqi Abdul $495,000 None Listed On Document
Wetswerd Holdings Llc $158,000 Maury County Title
Community First Bank & Trust $328,350 None Available
Due J P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siddiqi Mushtaq John $4,410,000
Previous Owner Wetswerd Holdings Llc $142,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $495,000 -17.2% $197 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $598,000 -- $238 / 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 $2,061 $107,880 $10,280 $97,600
2023 $2,061 $107,880 $10,280 $97,600
2022 $2,951 $107,880 $10,280 $97,600
2021 $2,951 $52,880 $7,920 $44,960
2020 $1,796 $52,880 $7,920 $44,960
2019 $1,226 $52,880 $7,920 $44,960
2018 $1,183 $52,880 $7,920 $44,960
2017 $1,868 $43,920 $7,920 $36,000
2016 $1,869 $43,920 $7,920 $36,000
2015 $1,783 $43,920 $7,920 $36,000
2014 $1,783 $43,920 $7,920 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2512074

Realtracs

APN: 113F-F-002.00