NOT LISTED FOR SALE

312 Mountain View Dr Morrison, TN 37357

Estimated Value: $212,000 - $221,000

-- Bed
2 Baths
1,726 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $235,000 $136 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,199/month

10 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of December 2024

Perfect investment opportunity! 2 unit duplex with renters already in place! Both are 2 bedroom 1 bath. Both have a patio, carport, and driveway. Updated! Two separate addresses, two water meters, and two separate hvac units. Recently updated. New flooring as well. Don’t miss out!

Last Agent to Sell the Property

Kristin Green

KW Mid South Homes + Land Brokerage Phone: 9318085452 License #351314 Listed on: 11/20/2024

Last Buyer's Agent

Ryan Drummond

Red Realty, LLC License # 311291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 106.51 x200

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,726 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Gravel Driveway

Schools

  • Morrison Elementary
  • Warren County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 078N C 01600 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverview Estates III Subdivision

Building Details

  • Operating Expense $2,500
  • Gross Income $21,600
  • Net Operating Income $19,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$714

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Above Grade Finished Sq Ft: 1726
  • Building Area Units: Square Feet
  • Living Area: 1726
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Detached, Gravel
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 106.51 X200
  • Lot Size Units: Acres
  • Parcel #: 078N C 01600 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 21600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 19100
  • Number Of Units Total: 2
  • Annual Operating Expense: 2500
  • Total Actual Rent: 1800

Tax Info

  • Tax Annual Amount: 714

MLS Schools

  • Elementary School: Morrison Elementary
  • High School: Warren County High School
  • Middle Or Junior School: Morrison Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Dec 12, 2024
Sold by
Peterson Kimberly Rae and Brady Kimberly
Bought by
Landy Llc
Seller's Agent
Kristin Green
KW Mid South Homes + Land
Buyer's Agent
Ryan Drummond
Red Realty, LLC
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Current Estimated Value
$216,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,500
Avg. Annual Appreciation
-7.87%

Purchase Details

Closed on
Aug 13, 2018
Sold by
Moore Josh
Bought by
Brady Kimberly

Purchase Details

Closed on
Dec 22, 2017
Sold by
Hill
Bought by
Moore Josh

Purchase Details

Closed on
Oct 7, 1997
Sold by
James Dixon
Bought by
Alexander Hill

Purchase Details

Closed on
Dec 14, 1995
Bought by
James Dixon

Purchase Details

Closed on
Jul 24, 1986
Bought by
Jordon Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Landy Llc $235,000 Access Title
Brady Kimberly $136,000 --
Moore Josh $82,000 --
Alexander Hill $48,000 --
James Dixon $48,000 --
Jordon Louis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $235,000 -6.0% $136 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $250,000 -- $145 / 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 $714 $87,920 $0 $0
2024 $714 $36,280 $4,000 $32,280
2023 $653 $36,280 $4,000 $32,280
2022 $653 $33,200 $4,000 $29,200
2021 $653 $33,200 $4,000 $29,200
2020 $682 $33,200 $4,000 $29,200
2019 $682 $30,360 $3,400 $26,960
2018 $373 $30,360 $3,400 $26,960
2017 $207 $10,550 $2,125 $8,425
2016 $207 $10,550 $2,125 $8,425
2015 $211 $10,550 $2,125 $8,425
2014 $243 $10,550 $2,125 $8,425
2013 $243 $12,168 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2761869

Realtracs

APN: 078N-C-016.00