NOT LISTED FOR SALE

2873 Highway 43 S Loretto, TN 38469

9 Beds
4 Baths
6,000 Sq Ft
1974 Built

Last Sold September 19, 2018

Last sale price $250,000 $42 Per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Lawrenceburg Public Elementary School Rated A-
  • Wood Siding

About This Home

As of September 2018

Main house is all brick. It has 9 apartments Duplex has vinyl siding. It has two 3 bdrm. apartments. 2 bdrm mobile home --vinyl siding & shingle roof added. See additional Doc. to see info on apts 4-12

Last Agent to Sell the Property

David Gulley

Coldwell Banker Southern Realty License # 282348 Listed on: 10/11/2017

Coldwell Banker Southern Realty

Last Buyer's Agent

Jim Brock

Lynch Rigsby Realty & Auction, LLC License # 322215

Lynch Rigsby Realty & Auction, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1974

Home Design

  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • Cooling Available
  • Central Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,250
  • Assessor Parcel Number 050133 01300 000133

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $42,600
  • Net Operating Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Inclusions: OTHER
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • 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: 6000
  • Building Area Units: Square Feet
  • Living Area: 6000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other, Wood Siding
  • Pool Private: No
  • Roof: Asbestos Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: N/A
  • Lot Size: 3 ac
  • Lot Size Units: Acres
  • Parcel #: 050133 01300 000133
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 42600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 36600
  • Number Of Units Total: 12
  • Annual Operating Expense: 6000
  • Total Actual Rent: 1250

Tax Info

  • Tax Annual Amount: 1872

MLS Schools

  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Middle Or Junior School: South Lawrence Elementary

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 For Sale $1,000 -99.6% $0 / Sq Ft
09/19/2018 09/19/18 Sold $250,000 -- $42 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1871210

Realtracs