NOT LISTED FOR SALE

303 E Lytle St Murfreesboro, TN 37130

Estimated Value: $825,852 - $936,000

-- Bed
6 Baths
5,956 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $800,000 $134 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,206/month

221 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Siegel Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

About This Home

As of February 2024

Historic Victorian Home located 2 blocks from Murfreesboro Downtown Square, divided into 6 -1 bed/1 bath apartments, all renovated in the last 8 years w/ new kitchens and flooring in baths, original hardwoods throughout, claw foot tubs, roof age unknown, metal gutters, exterior painted 3 yrs ago, unfinished basement with stone foundation, 10' tall ceilings on both floors, 10'x20' storage building. Gas stoves for heat in each unit & AC window units in each. Renters are NOT to be disturbed, after acceptable offer w/ preapproval letter or POF then a private showing/inspection can be set up for all units.

Last Agent to Sell the Property

John Harney

ParkTrust Commercial Brokerage Phone: 6155420715 License #221569 Listed on: 07/21/2023

Co-Listed By

Jaclyn Williams

Onward Real Estate Brokerage Phone: 6155420715 License #330264

Last Buyer's Agent

Charlie Warner

Compass License #357830

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1900

Lot Details

  • 0.43

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,956 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Gravel Driveway

Schools

  • Mitchell-Neilson Elementary School
  • Siegel Middle School
  • Blackman High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $3,925
  • The owner pays for water
  • Assessor Parcel Number 091L Q 01800 R0055999

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Downtown Subdivision

Building Details

  • Gross Income $5,750
  • Net Operating Income $5,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,575

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: HIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 6155420715
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Above Grade Finished Sq Ft: 5956
  • Building Area Units: Square Feet
  • Living Area: 5956
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 8
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RES
  • Lot Size: 0.43
  • Lot Size Units: Acres
  • Parcel #: 091L Q 01800 R0055999
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 5750
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 5750
  • Number Of Units Total: 6
  • Total Actual Rent: 3925

Tax Info

  • Tax Annual Amount: 4575

MLS Schools

  • Elementary School: Mitchell-Neilson Elementary
  • High School: Blackman High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Feb 29, 2024
Sold by
Walter H Kings Jr Trust
Bought by
Dowling Thomas J and Foster Lynn S
Seller's Agent
John Harney
ParkTrust Commercial
Buyer's Agent
Charlie Warner
Compass
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
159
Current Estimated Value
$874,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,120
Avg. Annual Appreciation
6.64%
Original Mortgage
$456,727
Outstanding Balance
$342,192
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$535,425

Purchase Details

Closed on
Dec 30, 2013
Sold by
Norton Sarah Mckelley Est
Bought by
Norton Sallie King
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
Dowling Thomas J $800,000 None Listed On Document
Norton Sallie King -- --
King Newton D Trust -- --
King Walter H Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowling Thomas J $456,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $800,000 -5.9% $134 / Sq Ft
07/21/2023 07/21/23 For Sale $850,000 -- $143 / 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
2025 $5,039 $178,100 $32,000 $146,100
2024 $5,039 $178,100 $32,000 $146,100
2023 $3,342 $178,100 $32,000 $146,100
2022 $2,878 $178,100 $32,000 $146,100
2021 $2,808 $126,500 $19,600 $106,900
2020 $2,808 $126,500 $19,600 $106,900
2019 $2,808 $126,500 $19,600 $106,900
2018 $3,857 $126,500 $0 $0
2017 $3,511 $90,320 $0 $0
2016 $3,511 $90,320 $0 $0
2015 $3,511 $90,320 $0 $0
2014 $2,246 $90,320 $0 $0
2013 -- $54,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2551090

Realtracs

APN: 091L-Q-018.00-000