$430,000
SOLD AUG 12, 2024 RENTED MAY 23, 2025
4 Beds
2 Baths
1,458 Sq Ft
1983 Built

Recently Sold

$295 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available

About This Home

As of August 2024

Seize this incredible chance to become the proud owner of a beautifully renovated brick duplex minutes from Downtown Nashville! This fantastic property features two units, each with two spacious bedrooms and one bathroom, providing ample and cozy living spaces for tenants. Both units benefit from recent upgrades, including a newer roof and newer windows, ensuring durability and energy efficiency. The duplex has been fully renovated, offering modern amenities and a fresh, inviting atmosphere. Both units are currently rented until May 2025, providing a steady cash flow for the new owner. This is an excellent investment opportunity you won't want to miss. The fully updated interiors and secure tenant agreements make this property a hassle-free addition to your real estate portfolio. Don't let this wonderful opportunity slip away!

Last Agent to Sell the Property

Johnna Palermo

Benchmark Realty, LLC License #348154 Listed on: 07/05/2024

Benchmark Realty, LLC

Last Buyer's Agent

Johnna Palermo

Benchmark Realty, LLC License #348154 Listed on: 07/05/2024

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 95 x 127

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Cumberland Elementary School
  • Haynes Middle School
  • Whites Creek High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,190
  • Assessor Parcel Number 07002005800

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Shawnwood Subdivision

Building Details

  • Operating Expense $25,200
  • Gross Income $38,280
  • Net Operating Income $13,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,487

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1458
  • Building Area Units: Square Feet
  • Living Area: 1458
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick
  • 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
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R10
  • Lot Size: 95 X 127
  • Lot Size Units: Acres
  • Parcel #: 07002005800
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 38280
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 13080
  • Number Of Units Total: 2
  • Annual Operating Expense: 25200
  • Total Actual Rent: 3190

Tax Info

  • Tax Annual Amount: 2487

MLS Schools

  • Elementary School: Cumberland Elementary
  • High School: Whites Creek High
  • Middle Or Junior School: Haynes Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Aug 12, 2024
Sold by
David And Blaise Jorgensen Family Trust and Jorgensen David Ryan
Bought by
Mbb Properties Llc
Seller's Agent
Johnna Palermo
Benchmark Realty, LLC
Buyer's Agent
Johnna Palermo
Benchmark Realty, LLC
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Views
7
Current Estimated Value
$430,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738
Avg. Annual Appreciation
-0.24%

Purchase Details

Closed on
Nov 10, 2023
Sold by
Paradigm Investments Llc
Bought by
David And Blaise Jorgensen Family Trust and Jorgensen

Purchase Details

Closed on
Sep 18, 2023
Sold by
Perry Deidre W
Bought by
Hill Philip D

Purchase Details

Closed on
Aug 14, 2014
Sold by
Wortham Elizabeth Pitt
Bought by
Hill Philip D

Purchase Details

Closed on
May 7, 1998
Sold by
Wortham Elizabeth
Bought by
Wortham Elizabeth Pitt and Wortham Revocable Living Trust
Source: Public Records

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Range of Values:

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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 $430,000 Rudy Title
Warranty Deed $328,320 Rudy Title
Warranty Deed $300,000 Rudy Title
Quit Claim Deed -- Rudy Title
Quit Claim Deed -- Rudy Title & Escrow Llc
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Under Contract -- -- --
04/19/2025 04/19/25 Price Changed $1,600 -5.9% $2 / Sq Ft
04/11/2025 04/11/25 For Rent $1,700 0.0% --
08/12/2024 08/12/24 Sold $430,000 -2.3% $295 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $440,000 0.0% $302 / Sq Ft
05/15/2024 05/15/24 Rented -- -- --
04/12/2024 04/12/24 Price Changed $1,595 -8.9% $2 / Sq Ft
03/27/2024 03/27/24 For Rent $1,750 0.0% --
03/26/2024 03/26/24 Off Market $1,750 -- --
03/13/2024 03/13/24 Price Changed $1,750 -9.1% $2 / Sq Ft
01/25/2024 01/25/24 For Rent $1,925 -- --
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 $2,487 $76,440 $40,000 $36,440
2023 $2,487 $76,440 $40,000 $36,440
2022 $2,487 $76,440 $40,000 $36,440
2021 $2,513 $76,440 $40,000 $36,440
2020 $1,844 $43,680 $17,600 $26,080
2019 $1,378 $43,680 $17,600 $26,080
2018 $1,378 $43,680 $17,600 $26,080
2017 $1,378 $43,680 $17,600 $26,080
2016 $1,163 $25,760 $4,400 $21,360
2015 $1,163 $25,760 $4,400 $21,360
2014 $1,163 $25,760 $4,400 $21,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2675496

Realtracs

APN: 070-02-0-058