NOT LISTED FOR SALE

310 3rd Ave N Unit A Lewisburg, TN 37091

Estimated Value: $117,671 - $229,000

-- Bed
2 Baths
1,519 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $69,000 $45 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $882/month

144 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Property has 1 Level
  • Oak Grove Elementary School Rated A
  • Heating Available

About This Home

As of May 2020

With rentals in short supply, now could be a good time to make some $$$$. Could easily rent for $550-$600 a month. Unit 2 was occupied by the same person for many years and was a good renter thus the owner never raised their rent. *Heating and A/C is a motel type unit.*

Last Agent to Sell the Property

Clay Ledford

David Jent Realty & Auction License # 298695 Listed on: 11/08/2019

Last Buyer's Agent

Ryan Richardson

David Jent Realty & Auction License # 253612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 55x145

Home Design

  • Frame Construction

Interior Spaces

  • 1,519 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

  • Marshall-Oak Grove-Westhills Elem. Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $950
  • The owner pays for water
  • Assessor Parcel Number 064I F 01500 000

Community Details

Overview

  • 2 Units
  • None Listed On Tax Card Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $12,000
  • Net Operating Income $11,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1910
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Vinyl
  • Above Grade Finished Sq Ft: 1519
  • Building Area Units: Square Feet
  • Living Area: 1519
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame
  • 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: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: commercial
  • Lot Size: 55X145
  • Lot Size Units: Acres
  • Parcel #: 064I F 01500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 12000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 11999
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 950

Tax Info

  • Tax Annual Amount: 800

MLS Schools

  • Elementary School: Marshall-Oak Grove-Westhills ELem.
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
May 7, 2020
Sold by
Gomez Miguel and Lara Diana Esquivel
Bought by
Parham Laura
Seller's Agent
Clay Ledford
David Jent Realty & Auction
Buyer's Agent
Ryan Richardson
David Jent Realty & Auction
List Price
$89,900
Sold Price
$69,000
Premium/Discount to List
-$20,900
-23.25%
Current Estimated Value
$152,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,668
Avg. Annual Appreciation
16.07%

Purchase Details

Listed on
Nov 8, 2019
Closed on
May 6, 2020
Sold by
Lyerly Tony W and Lyerly Carol S
Bought by
Gomez Miguel and Lara Diana Esquivel
Seller's Agent
Clay Ledford
David Jent Realty & Auction
Buyer's Agent
Ryan Richardson
David Jent Realty & Auction
List Price
$89,900
Sold Price
$69,000
Premium/Discount to List
-$20,900
-23.25%

Purchase Details

Closed on
Mar 19, 2008
Sold by
Brian Staudinger William
Bought by
Lyerly and Carol

Purchase Details

Closed on
Jul 18, 2006
Sold by
Roderick James Frank
Bought by
William Staudinger

Purchase Details

Closed on
Jun 22, 1992
Bought by
Roderick James Frank
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
Parham Laura $15,462 None Available
Gomez Miguel $69,000 None Available
Lyerly $38,000 --
William Staudinger $19,000 --
Roderick James Frank $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $69,000 -23.2% $45 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $89,900 -- $59 / 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
2024 -- $22,125 $2,750 $19,375
2023 $686 $22,125 $2,750 $19,375
2022 $686 $22,125 $2,750 $19,375
2021 $572 $12,300 $1,850 $10,450
2020 $835 $11,225 $1,850 $9,375
2019 $809 $17,960 $2,960 $15,000
2018 $800 $17,960 $2,960 $15,000
2017 $800 $17,960 $2,960 $15,000
2016 $647 $12,640 $2,800 $9,840
2015 $590 $12,640 $2,800 $9,840
2014 $590 $12,640 $2,800 $9,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2098487

Realtracs

APN: 064I-F-015.00