NOT LISTED FOR SALE

315 E Forrest Ave Lebanon, TN 37087

Estimated Value: $223,893 - $319,000

Studio
3 Baths
1,748 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $249,900 $143 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,414/month

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • No HOA

About This Home

As of April 2022

Income producing quadplex right off of highway 231 in Lebanon! Good size lot ~ Plenty of parking ~ Vacancies are currently being marketed ~ Don't miss this great opportunity!

Last Agent to Sell the Property

Ben Wilson

Team Wilson Real Estate Partners License #289414 Listed on: 01/21/2022

Co-Listed By

Chad King

Tressler Real Estate License #326911

Last Buyer's Agent

Chad King

Tressler Real Estate License #326911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1945

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 64.6 x 134.5

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 1,748 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway

Schools

  • Sam Houston Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $750
  • Assessor Parcel Number 058L J 02600 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

Year Built

Built in 1945

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Inclusions: APPLN
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Tile, Vinyl
  • Above Grade Finished Sq Ft: 1748
  • Building Area Units: Square Feet
  • Living Area: 1748
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Radiant
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: N/A
  • Lot Size Acres: 0.24
  • Lot Size: 64.6 X 134.5
  • Lot Size Units: Acres
  • Parcel #: 058L J 02600 000
  • Property Attached Yn: No

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 4
  • Annual Operating Expense: 1
  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 1086

MLS Schools

  • Elementary School: Sam Houston Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Apr 22, 2022
Sold by
Andrew Hale John
Bought by
Jetton Daniel
Seller's Agent
Ben Wilson
Team Wilson Real Estate Partners
Buyer's Agent
Chad King
Tressler Real Estate
List Price
$259,900
Sold Price
$249,900
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$265,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,731
Avg. Annual Appreciation
1.58%
Original Mortgage
$187,425
Outstanding Balance
$174,022
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$91,609

Purchase Details

Closed on
Nov 9, 2021
Sold by
Wilson Ben and Hale John Andrew
Bought by
Hale John Andrew

Purchase Details

Closed on
Oct 19, 2018
Sold by
William & Son Properties Llc
Bought by
Williams Capital Investments Llc

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 26, 2015
Sold by
Sellars Ronald D
Bought by
Broadway Investment Grp Inc
Seller's Agent
Steven Jones
Agee & Johnson Realty & Auction, Inc
Buyer's Agent
Summer Barton
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Adkerson Samuel and Adkerson Evon S
Bought by
Sellars Ronald D

Purchase Details

Closed on
Jan 22, 1998
Sold by
Adkerson Samuel D
Bought by
Sellars Ronald D

Purchase Details

Closed on
Dec 22, 1997
Bought by
Adkerson Samuel D and Ronald D Sellars

Purchase Details

Closed on
Mar 11, 1982
Bought by
Adkerson Samuel D and Adkerson Evon
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
Jetton Daniel $249,900 New Title Company Name
Hale John Andrew -- Wilsonberry Title & Ttl Llc
Williams Capital Investments Llc -- None Available
Broadway Investment Grp Inc $69,900 --
Sellars Ronald D $8,000 --
Sellars Ronald D $4,750 --
Adkerson Samuel D $4,800 --
Adkerson Samuel D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jetton Daniel $187,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $249,900 0.0% $143 / Sq Ft
01/25/2022 01/25/22 Rented -- -- --
01/21/2022 01/21/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $259,900 0.0% $149 / Sq Ft
12/15/2021 12/15/21 For Rent -- -- --
04/14/2020 04/14/20 Rented -- -- --
10/24/2019 10/24/19 Under Contract -- -- --
10/10/2019 10/10/19 For Rent -- -- --
05/31/2019 05/31/19 Sold $197,000 +3.7% $113 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $189,900 +171.7% $109 / Sq Ft
10/27/2015 10/27/15 Sold $69,900 0.0% $78 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $69,900 -- $78 / Sq Ft
Source: Realtracs

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 $381 $55,600 $22,520 $33,080
2024 $1,226 $55,600 $22,520 $33,080
2022 $1,607 $55,600 $22,520 $33,080
2021 $1,608 $55,600 $22,520 $33,080
2020 $1,086 $55,600 $22,520 $33,080
2019 $248 $28,880 $11,160 $17,720
2018 $1,013 $28,880 $11,160 $17,720
2017 $1,013 $28,880 $11,160 $17,720
2016 $1,013 $28,880 $11,160 $17,720
2015 $1,048 $28,880 $11,160 $17,720
2014 $786 $21,663 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2347675

Realtracs

APN: 058L-J-026.00

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