Seller's Agent in 2021
Hunter Smith
Residential Investment Advisors
(931) 242-7382
1 in this area
37 Total Sales
31 Fox Creek Ct Manchester, TN 37355
Estimated Value: $270,389 - $427,000
--
Bed
4
Baths
2,464
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- Property has 1 Level
- 2 Car Attached Garage
- Carpet
About This Home
As of October 2021Come check out this turnkey investment property! This duplex is located in an upscale neighborhood, both sides are currently occupied, and tenants are responsible for the utilities and lawn care. This property has 2 finished garages which provide 418 sq ft, the roof has a lifetime warranty, and the owner is including both storage buildings in the sell. It has been well maintained by the current owner and has very low maintenance/CapEx with room to push rents substantially.
Last Agent to Sell the Property
Residential Investment Advisors License #357471 Listed on: 04/29/2021
Last Buyer's Agent
Residential Investment Advisors License #357471 Listed on: 04/29/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,836
Year Built
- Built in 2001
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100x120
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,464 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Vinyl
Schools
- Westwood Elementary School
- Westwood Jr High Middle School
- Coffee Co Central High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $1,500
- Assessor Parcel Number 085G D 00200 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Fox Creek Court Subdivision
Building Details
- Operating Expense $3,000
- Gross Income $18,000
- Net Operating Income $15,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2021
Closed on
Oct 21, 2021
Sold by
Verner Joseph K and Verner Jeannette H
Bought by
Alfano Joe and Alfano Shawna
Seller's Agent
Hunter Smith
Residential Investment Advisors
Buyer's Agent
Hunter Smith
Residential Investment Advisors
List Price
$400,000
Sold Price
$250,000
Premium/Discount to List
-$150,000
-37.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,463
Avg. Annual Appreciation
9.26%
Original Mortgage
$200,000
Outstanding Balance
$177,124
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,339
Purchase Details
Closed on
Mar 1, 2005
Bought by
Verner Joseph K
Purchase Details
Closed on
Jul 2, 2003
Sold by
Lane William K and Lane Mary R
Bought by
Verner Joseph K and Verner Jeannette H
Purchase Details
Closed on
Dec 8, 2000
Sold by
Garland Alec
Bought by
Lane William K and Lane Mary Ruth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alfano Joe | $250,000 | Stones River Title Company | |
| Verner Joseph K | -- | -- | |
| Verner Joseph K | $115,000 | -- | |
| Lane William K | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alfano Joe | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $250,000 | -37.5% | $101 / Sq Ft |
| 09/20/2021 09/20/21 | Pending | -- | -- | -- |
| 04/29/2021 04/29/21 | For Sale | $400,000 | -- | $162 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $3,120 | $74,000 | $8,000 | $66,000 |
| 2023 | $3,120 | $74,000 | $0 | $0 |
| 2022 | $2,686 | $74,000 | $8,000 | $66,000 |
| 2021 | $1,835 | $40,080 | $4,000 | $36,080 |
| 2020 | $1,835 | $40,080 | $4,000 | $36,080 |
| 2019 | $1,835 | $40,080 | $4,000 | $36,080 |
| 2018 | $1,835 | $40,080 | $4,000 | $36,080 |
| 2017 | $1,953 | $37,240 | $4,000 | $33,240 |
| 2016 | $1,953 | $37,240 | $4,000 | $33,240 |
| 2015 | $1,953 | $37,240 | $4,000 | $33,240 |
| 2014 | $1,953 | $37,235 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hunter Smith
Map
Source: Realtracs
MLS Number: 2248963
APN: 085G-D-002.00
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