NOT LISTED FOR SALE

305 Ridgely Rd Unit 307 Murfreesboro, TN 37130

Estimated Value: $309,000 - $354,000

4 Beds
2 Baths
1,728 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $170,000 $98 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,987/month

Highlights

  • Cooling Available
  • Tile Flooring
  • Wood Siding
  • Siegel Middle School Rated A-
  • Central Heating
  • Property has 1 Level

About This Home

As of October 2016

Updated 2 BDRM, 1 bath, Dinning RM, Living RM, Kitchen . The rent is $900 on 305 Ridgley & 307 Ridgley. The seller has put a new roof on property, renovated both sides, put new HVAC unit in on the 307 side.

Last Agent to Sell the Property

Jonathan Smith

Keller Williams Realty - Murfreesboro Brokerage Phone: 6154266088 License # 289471 Listed on: 07/01/2016

Keller Williams Realty - Murfreesboro

Last Buyer's Agent

Lori Koogler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 85 x 120

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot

Schools

  • Northfield Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,800
  • The owner pays for water
  • Assessor Parcel Number 091F H 04100 R0055236

Community Details

Overview

  • 2 Units
  • Uptown Subdivision

Building Details

  • Operating Expense $3,178
  • Gross Income $21,600
  • Net Operating Income $18,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1996
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154266088
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood, Laminate, Tile
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1728
  • Building Area Units: Square Feet
  • Living Area: 1728
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, 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: 4
  • Parking Features: Parking Lot
  • Total Parking Spaces: 4

Utilities

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

Lot Info

  • Zoning: Commercial
  • Lot Size: 85 X 120
  • Lot Size Units: Acres
  • Parcel #: 091F H 04100 R0055236
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 21600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 18422
  • Number Of Units Total: 2
  • Annual Operating Expense: 3178
  • Total Actual Rent: 1800

Tax Info

  • Tax Annual Amount: 2043

MLS Schools

  • Elementary School: Northfield Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Nov 1, 2016
Sold by
Smith Jonathan and Smith Anne Mcrae
Bought by
Liew Bee Bee and Sundaram Raja
Seller's Agent
Jonathan Smith
Keller Williams Realty - Murfreesboro
Buyer's Agent
Lori Koogler
List Price
$975,000
Sold Price
$170,000
Premium/Discount to List
-$805,000
-82.56%
Current Estimated Value
$328,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,064
Avg. Annual Appreciation
7.66%
Original Mortgage
$121,500
Outstanding Balance
$97,728
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$230,336

Purchase Details

Listed on
Jul 18, 2012
Closed on
Nov 9, 2012
Sold by
Jn Holdings Llc
Bought by
Smith Jonathan Anne Mcrae
Seller's Agent
Courtney Yates
Keller Williams Realty - Murfreesboro
Buyer's Agent
Jonathan Smith
Keller Williams Realty - Murfreesboro
List Price
$94,900
Sold Price
$137,000
Premium/Discount to List
$42,100
44.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Sep 23, 2008
Sold by
Caboga Enrique
Bought by
Jn Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
6.36%

Purchase Details

Closed on
Jan 10, 2007
Sold by
Hegebarth Dennis R
Bought by
Enrique Caboga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.08%

Purchase Details

Closed on
Apr 22, 1996
Sold by
Watson Properties
Bought by
Almond and Gloria
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
Liew Bee Bee $170,000 None Available
Smith Jonathan Anne Mcrae $137,000 --
Jn Holdings Llc $120,500 --
Enrique Caboga $139,000 --
Almond $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liew Bee Bee $121,500
Previous Owner Almond $108,450
Previous Owner Almond $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Pending -- -- --
11/24/2018 11/24/18 For Sale $975,000 +473.5% $564 / Sq Ft
10/31/2016 10/31/16 Sold $170,000 +79.1% $98 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $94,900 -30.7% $55 / Sq Ft
11/26/2012 11/26/12 Sold $137,000 -- $79 / Sq Ft View Prior Sale
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 $2,892 $102,240 $19,000 $83,240
2024 $2,892 $102,240 $19,000 $83,240
2023 $1,918 $102,240 $19,000 $83,240
2022 $1,652 $102,240 $19,000 $83,240
2021 $1,574 $70,920 $14,000 $56,920
2020 $1,574 $70,920 $14,000 $56,920
2019 $1,574 $70,920 $14,000 $56,920
2018 $2,162 $70,920 $0 $0
2017 $2,043 $52,560 $0 $0
2016 $2,043 $52,560 $0 $0
2015 $2,043 $52,560 $0 $0
2014 $1,307 $52,560 $0 $0
2013 -- $41,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1744252

Realtracs

APN: 091F-H-041.00-000