NOT LISTED FOR SALE

3016 Ellis St Unit 3018 Milan, TN 38358

Estimated Value: $25,358 - $131,000

-- Bed
2 Baths
1,040 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $15,000 $14 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $507/month

73 Days on Market

About This Home

As of July 2018

Duplex Featuring 1BR, 1BA on Each Side, Covered Front Porch and Covered Back Porch. Conveniently Located close to Downtown Milan. One Tenant has Been There 3+ Years. Currently the yearly NOI approximately 3k per year. One side occupied at this time with long term tenant.

Last Agent to Sell the Property

Lisa Ballinger

L A Realty,LLC License #331923 Listed on: 04/20/2018

Co-Listed By

Joshua Arnold

L A Realty,LLC License #00301815

Last Buyer's Agent

Lisa Ballinger

L A Realty,LLC License #331923 Listed on: 04/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1949

Lot Details

  • 7,971

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Carpet

Additional Features

  • Lot Dimensions are 70x114
  • No Cooling

Listing and Financial Details

  • Total Actual Rent $210
  • Tenant pays for all utilities
  • Assessor Parcel Number 013.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$303

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • Co List Office Mls Id: LA REALTY
  • Co List Office Phone: 731-686-9899
  • Co List Office Phone: 731-686-9899
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 013.02
  • General Property Information Lot Size Dimensions: 70x114
  • General Property Information:Stories Total: 1
  • Currently Not Used Cooling YN: No
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • General Property Information Home Warranty YN: No
  • Cooling None33: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Stories: 1

Exterior Features

  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Lot Info

  • Parcel Number: 013.02
  • Lot Dimensions: 70x114

Multi Family

  • Tenant Pays: All Utilities
  • Total Actual Rent: 210.0

Tax Info

  • Tax Map Number: 123O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Giambelluca Justin M
Bought by
Mcelroy Lance and Mcelroy Megan
Current Estimated Value
$90,840

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jul 20, 2018
Sold by
Nelson Daniel E
Bought by
Giambelluca Justin M
Seller's Agent
Lisa Ballinger
L A Realty,LLC
Buyer's Agent
Lisa Ballinger
L A Realty,LLC
List Price
$16,000
Sold Price
$15,000
Premium/Discount to List
-$1,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.20%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mcelroy Lance -- --
Giambelluca Justin M $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $15,000 -6.3% $14 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $16,000 -- $15 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $303 $8,600 $3,600 $5,000
2023 $211 $6,480 $1,800 $4,680
2022 $207 $6,480 $1,800 $4,680
2021 $212 $6,480 $1,800 $4,680
2020 $316 $6,480 $1,800 $4,680
2019 $316 $6,480 $1,800 $4,680
2018 $393 $8,720 $1,600 $7,120
2017 $388 $8,720 $1,600 $7,120
2016 $388 $8,720 $1,600 $7,120
2015 $370 $8,680 $1,600 $7,080
2014 $370 $8,680 $1,600 $7,080
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Ballinger

    L A Realty,LLC

  • Joshua Arnold

    Seller Co-Listing Agent in 2018

    Joshua Arnold

    L A Realty,LLC

    (731) 499-0380

    38 Total Sales

    Joshua Arnold
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 182522

Central West Tennessee Association of REALTORS®

APN: 123O-D-013.02

Tennessee Gibson County Milan 38358

3016 Ellis St Unit 3018, Milan, TN

This home is located at 3016 Ellis St Unit 3018, Milan, TN 38358 since 20 April 2018 and is currently estimated at $90,840, approximately $87 per square foot. This property was built in 1949. 3016 Ellis St Unit 3018 is a home located in Gibson County with nearby schools including Milan Elementary School, Milan Middle School, and Milan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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