NOT LISTED FOR SALE

27 Carolane Dr Jackson, TN 38305

Estimated Value: $195,000 - $222,050

Studio
2 Baths
1,645 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $195,000 $119 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,131/month

2 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of March 2023

Charming and fully renovated duplex located in a prime location! This property features two units each offering 3 spacious bedrooms and 1 modern bathroom. Both units are equipped with all the essentials for comfortable living. Enjoy easy rental income with each unit currently renting for $950 per month. Take advantage of the peace of mind that comes with having property management services already in place with a gross management fee of 8%. Don't miss this opportunity to invest in a turn-key rental property. Schedule a viewing today!

Last Agent to Sell the Property

Bryan Jones

Dyad Real Estate and Property Management License #343857 Listed on: 01/31/2023

Last Buyer's Agent

Bryan Jones

Dyad Real Estate and Property Management License #343857 Listed on: 01/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $817

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 80x95

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,645 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Lincoln Magnet Elementary School
  • Jackson Middle School
  • Jackson Central-Merry Early College High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,900
  • The owner pays for water
  • Assessor Parcel Number 066J A 00905 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cottage Village Subdivision

Building Details

  • Operating Expense $152
  • Gross Income $1,900
  • Net Operating Income $1,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$817

Year Built

Built in 1980

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1645
  • Building Area Units: Square Feet
  • Living Area: 1645
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Parking Features: Attached
  • Total Parking Spaces: 2

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: RES
  • Lot Size Acres: 0.17
  • Lot Size: 80X95
  • Lot Size Units: Acres
  • Parcel #: 066J A 00905 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 1900
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1748
  • Number Of Units Total: 2
  • Annual Operating Expense: 152
  • Total Actual Rent: 1900

Tax Info

  • Tax Annual Amount: 817

MLS Schools

  • Elementary School: Lincoln Magnet Elementary
  • High School: Jackson Central-Merry Early College High
  • Middle Or Junior School: Jackson Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 9, 2023
Sold by
Wu Asset Advisory Llc
Bought by
Jones William Bradley and Jones Laura Beth
Seller's Agent
Bryan Jones
Dyad Real Estate and Property Management
Buyer's Agent
Bryan Jones
Dyad Real Estate and Property Management
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Views
57
Current Estimated Value
$204,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,683
Avg. Annual Appreciation
1.62%
Original Mortgage
$161,500
Outstanding Balance
$76,075
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$128,608

Purchase Details

Closed on
Jun 24, 2022
Sold by
Tennessee Dream Home Llc
Bought by
Wu Asset Advisory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2022
Sold by
Michael Jenkins
Bought by
Tennessee Dream Home Llc

Purchase Details

Closed on
Nov 4, 2021
Sold by
Steele David and Atkins Kevin
Bought by
Jenkins Michael

Purchase Details

Closed on
Feb 22, 2021
Sold by
Olaf Llc
Bought by
Jenkins Michael and Steele Davtd

Purchase Details

Closed on
Sep 28, 2018
Sold by
Mundt Paul A and Mundt Billie J
Bought by
Olaf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$901,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2000
Sold by
Vaughn David
Bought by
Paul Mundt

Purchase Details

Closed on
Jun 6, 2000
Bought by
Mundt Paul A

Purchase Details

Closed on
Mar 21, 1990
Bought by
David David

Purchase Details

Closed on
Mar 8, 1979
Bought by
David Gary V

Purchase Details

Closed on
Jan 2, 1979

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jones William Bradley $195,000 Rudy Title
Wu Asset Advisory Llc $155,000 New Title Company Name
Tennessee Dream Home Llc $285,000 New Title Company Name
Jenkins Michael -- None Available
Jenkins Michael $165,000 None Available
Jenkins Michael $165,000 None Listed On Document
Olaf Llc $1,060,000 None Available
Paul Mundt $167,087 --
Mundt Paul A $167,100 --
David David -- --
David Gary V -- --
-- $6,500 --
-- $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones William Bradley $161,500
Previous Owner Wu Asset Advisory Llc $124,000
Previous Owner Olaf Llc $901,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $195,000 -2.5% $119 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $200,000 -- $122 / Sq Ft
Source: Realtracs

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 $648 $34,600 $2,840 $31,760
2024 $648 $34,600 $2,840 $31,760
2022 $1,206 $23,440 $2,840 $20,600
2021 $877 $20,360 $2,840 $17,520
2020 $877 $20,360 $2,840 $17,520
2019 $877 $20,360 $2,840 $17,520
2018 $877 $20,360 $2,840 $17,520
2017 $915 $20,720 $2,840 $17,880
2016 $852 $20,720 $2,840 $17,880
2015 $852 $20,720 $2,840 $17,880
2014 $852 $20,720 $2,840 $17,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2483676

Realtracs

APN: 066J-A-009.05

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