NOT LISTED FOR SALE

Estimated Value: $146,000 - $226,851

12 Beds
2 Baths
2,108 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $150,000 $71 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,018/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of March 2024

Attention Investors! This charming duplex, attractively priced at $150,000, presents an exciting opportunity for swift and lucrative returns in an area eligible for Section 8 housing. With cost-effective updates required, this property could quickly transform into a highly profitable rental. Don't overlook the potential of this hidden gem to become a lucrative asset.

Last Agent to Sell the Property

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291147 Listed on: 02/19/2024

Berkshire Hathaway HomeServices J Douglas Prop.

Last Buyer's Agent

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291147 Listed on: 02/19/2024

Berkshire Hathaway HomeServices J Douglas Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1964

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,108 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 2 Bathrooms

Schools

  • Calvin Donaldson Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics Technology High School

Additional Features

  • Lot Dimensions are 50x140
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Doyles Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156I B 025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,511

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1964
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 12
  • Building Area Units: Square Feet
  • Living Area: 2108
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X140
  • Lot Size Units: Acres
  • Parcel #: 156I B 025
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1511

MLS Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Howard School Of Academics Technology
  • Middle Or Junior School: East Lake Academy Of Fine Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 18, 2024
Sold by
Jsm Real Estate Holdings Llc
Bought by
Jk & Nk Investment Properties Llc
Seller's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$176,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,463
Avg. Annual Appreciation
9.13%
Original Mortgage
$196,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 19, 2024
Closed on
Feb 26, 2024
Sold by
Contractorclicks Com Llc
Bought by
Jsm Real Estate Holdings Llc
Seller's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 8, 2023
Closed on
Oct 20, 2023
Sold by
Mcghee Edward
Bought by
Contractorclickscom Llc
Seller's Agent
Kelly Casey
United Real Estate Experts
List Price
$68,000
Sold Price
$85,000
Premium/Discount to List
$17,000
25%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
299.61%

Purchase Details

Closed on
Feb 2, 2004
Sold by
The Jefco Co Inc
Bought by
Mcghee Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,150
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2001
Sold by
Besley Horace
Bought by
The Jefco Company Inc

Purchase Details

Closed on
Oct 18, 2000
Sold by
First Tennessee Bank National Assn
Bought by
Besley Horace
Source: Public Records
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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
Jk & Nk Investment Properties Llc $150,000 Northshore Title
Jsm Real Estate Holdings Llc -- None Listed On Document
Jsm Real Estate Holdings Llc -- None Listed On Document
Contractorclickscom Llc $85,000 Northshore Title
Mcghee Edward $73,500 Transcontinental Title Co
The Jefco Company Inc -- --
Besley Horace $25,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jk & Nk Investment Properties Llc $196,000
Previous Owner Mcghee Edward $66,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $150,000 0.0% $71 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $150,000 +76.5% $71 / Sq Ft
10/20/2023 10/20/23 Sold $85,000 +25.0% $40 / Sq Ft View Prior Sale
10/13/2023 10/13/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $68,000 -- $32 / 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 $968 $63,840 $0 $0
2024 $754 $33,680 $0 $0
2023 $754 $33,680 $0 $0
2022 $754 $33,680 $0 $0
2021 $754 $33,680 $0 $0
2020 $730 $26,400 $0 $0
2019 $730 $26,400 $0 $0
2018 $728 $26,400 $0 $0
2017 $730 $26,400 $0 $0
2016 $730 $0 $0 $0
2015 $1,455 $26,400 $0 $0
2014 $1,455 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2916525

Realtracs

APN: 156I-B-025