$3,275,000
SOLD NOV 23, 2020
-- Bed
-- Bath
11,568 Sq Ft
871 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

2% Below List Price

36 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • 2 Car Attached Garage

About This Home

As of November 2020

Package Deal for all 6 Units - Fully Furnished with strong rental history. Zoned for STR in Berry Hill area. Property Mgr in place and will stay if new owner so desires. Many units are rented through year's end. SQ FT from tax records. Photos of interior is 2703, finishes are the same for each unit. Owner selling the entire LLC. Units not being sold individually. Price is the lowest the seller has offered. Central location. Close to Downtown, Green Hills, Brentwood.

Last Agent to Sell the Property

Bruce Jones

Compass RE Brokerage Phone: 6154290153 License #260577 Listed on: 09/10/2020

Compass RE

Last Buyer's Agent

Bruce Jones

Compass RE Brokerage Phone: 6154290153 License #260577 Listed on: 09/10/2020

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 2017

Lot Details

  • 871 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 11,568 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile

Schools

  • Waverly-Belmont Elementary School
  • John T. Moore Middle School
  • Hillsboro Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $12,450
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 118022B00100CO

Community Details

Overview

  • 6 Units
  • 6 On Biloxi Subdivision

Building Details

  • Operating Expense $75,000
  • Gross Income $300,000
  • Net Operating Income $225,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,297

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2017
  • Inclusions: APPLN,FURN
  • Unit Levels: One
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154290153
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Above Grade Finished Sq Ft: 11568
  • Building Area Units: Square Feet
  • Living Area: 11568
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Fire Alarm, Smoke Detector(s)

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: RM20
  • Lot Size Acres: 0.02
  • Lot Size Units: Acres
  • Parcel #: 118022B00100CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 300000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 225000
  • Number Of Units Total: 6
  • Annual Operating Expense: 75000
  • Total Actual Rent: 12450

Tax Info

  • Tax Annual Amount: 4297

MLS Schools

  • Elementary School: Waverly-Belmont Elementary
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: John T. Moore Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 20, 2020
Sold by
6 On Biloxi Llc
Bought by
Fraser James A and Fraser Annie O
Seller's Agent
Bruce Jones
Compass RE
Buyer's Agent
Bruce Jones
Compass RE
List Price
$3,350,000
Sold Price
$3,275,000
Premium/Discount to List
-$75,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.08%
Original Mortgage
$950,000
Outstanding Balance
$854,953
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$147,685

Purchase Details

Closed on
Oct 2, 2017
Sold by
Cadence Construction Llc
Bought by
Thomason Robert J and Thomason Christine Lee
Source: Public Records

Similar Home in the area

  • 426 E Iris Dr, Nashville, TN 37204

    $2,799,000

    • 16 Beds
    • 12 Baths
    • 1,515 Sq Ft
    • 426 E Iris Dr
    • Nashville, TN

    Invest in Nashville with the upscale Iris portfolio, a set of four modern short-term rental units offered at $2,799,000. Boasting a prime location in the burgeoning Berry Hill neighborhood, each unit features 4 bedrooms, 3 baths, 2 car garage and is 1,812 SF of luxury living space. With brand-new construction, private outdoor areas, and breathtaking downtown skyline views from the roof deck, this

    Jamie Brandenburg Compass RE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,275,000 None Available
Warranty Deed $3,000,000 West End Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $3,995,000 +496.3% $344 / Sq Ft
07/19/2025 07/19/25 Price Changed $670,000 -4.1% $352 / Sq Ft
07/19/2025 07/19/25 For Sale $699,000 -83.4% $368 / Sq Ft
07/19/2025 07/19/25 For Sale $4,200,000 +500.9% $361 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
06/22/2025 06/22/25 Pending -- -- --
05/18/2025 05/18/25 For Sale $699,000 -83.4% $368 / Sq Ft
05/18/2025 05/18/25 For Sale $4,200,000 +28.2% $361 / Sq Ft
11/23/2020 11/23/20 Sold $3,275,000 -2.2% $283 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $3,350,000 +1129.4% $290 / Sq Ft
05/01/2019 05/01/19 Off Market $272,500 -- --
03/01/2019 03/01/19 For Sale $3,999,999 +1367.9% $1,494 / Sq Ft
01/03/2017 01/03/17 Sold $272,500 -- $102 / 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 $6,053 $207,160 $78,000 $129,160
2023 $6,053 $207,160 $78,000 $129,160
2022 $4,905 $207,160 $78,000 $129,160
2021 $6,117 $207,160 $78,000 $129,160
2020 $5,908 $155,960 $62,400 $93,560
2019 $0 $155,960 $62,400 $93,560
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2187310

Realtracs

APN: 118-02-2B-001-00