NOT LISTED FOR SALE

315 S Main St 315 & 317 Shelbyville, TN 37160

Estimated Value: $325,539 - $430,000

-- Bed
2 Baths
2,400 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $215,900 $90 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,371/month

Highlights

  • Wood Flooring
  • Heat Pump System
  • 1-minute walk to River Bottom Park
  • Cooling Available
  • Property has 1 Level

About This Home

As of December 2017

315 & 317 S. Main Street, Tenant pays utilities/none furnished, R-4 lot can accommodate future development. 317 Newly remodeled, new paint, new hardwood & vinyl.

Last Agent to Sell the Property

Diana Grogan

Woodruff Realty & Auction License #339958 Listed on: 08/23/2017

Last Buyer's Agent

Ted Birtcil

Simmons Realty License #303465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 2014

Lot Details

  • 0.57

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Schools

  • East Side Primary Elementary School
  • Harris Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 002089J A 00108 00007089I

Community Details

Overview

  • 2 Units
  • R 4 Subdivision

Building Details

  • Operating Expense $18,200
  • Gross Income $23,400
  • Net Operating Income $5,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,749

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2014
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Above Grade Finished Sq Ft: 2400
  • Building Area Units: Square Feet
  • Living Area: 2400
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other
  • 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 Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: R-4
  • Lot Size: 160 X154.46 IRR.
  • Lot Size Units: Acres
  • Parcel #: 002089J A 00108 00007089I
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 23400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 5200
  • Number Of Units Total: 2
  • Annual Operating Expense: 18200
  • Total Actual Rent: 1800

Tax Info

  • Tax Annual Amount: 2749

MLS Schools

  • Elementary School: East Side Primary
  • High School: Central High School
  • Middle Or Junior School: Harris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Dec 15, 2017
Sold by
Tory May Homes Llc
Bought by
Castro Gonzalez Salinas Aldo J and Castro Cortez Karen
Seller's Agent
Diana Grogan
Woodruff Realty & Auction
Buyer's Agent
Ted Birtcil
Simmons Realty
List Price
$229,900
Sold Price
$215,900
Premium/Discount to List
-$14,000
-6.09%
Current Estimated Value
$395,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,235
Avg. Annual Appreciation
7.91%
Original Mortgage
$211,989
Outstanding Balance
$176,546
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$218,589

Purchase Details

Closed on
Sep 15, 2009
Sold by
First National Bank Of Pul
Bought by
R

Purchase Details

Closed on
Oct 5, 2005
Sold by
First National Bank Of Pul
Bought by
Ferguson Developments Corporat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
5.77%

Purchase Details

Closed on
Jun 30, 2005
Bought by
First National Bank Of Pulaski Tn

Purchase Details

Closed on
Apr 12, 2002
Sold by
Wallace Ronnie
Bought by
Fraley Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.8%

Purchase Details

Closed on
Aug 31, 1987
Bought by
Wallace Ronnie R

Purchase Details

Closed on
Jun 7, 1978
Bought by
Price Larry W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Castro Gonzalez Salinas Aldo J $215,900 None Available
R $10,000 --
Ferguson Developments Corporat $13,500 --
First National Bank Of Pulaski Tn $575,400 --
Fraley Raymond W $110,000 --
Wallace Ronnie R -- --
Price Larry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Gonzalez Salinas Aldo J $211,989
Previous Owner Price Larry W $10,800
Previous Owner Price Larry W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $229,900 +6.5% $96 / Sq Ft
12/18/2017 12/18/17 Sold $215,900 -- $90 / 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 -- $89,960 $0 $0
2024 -- $89,960 $9,600 $80,360
2023 $3,423 $89,960 $9,600 $80,360
2022 $3,522 $89,960 $9,600 $80,360
2021 $3,198 $89,960 $9,600 $80,360
2020 $2,839 $89,960 $9,600 $80,360
2019 $2,839 $64,080 $8,800 $55,280
2018 $2,774 $64,080 $8,800 $55,280
2017 $2,774 $64,080 $8,800 $55,280
2016 $2,749 $64,080 $8,800 $55,280
2015 $2,749 $64,080 $8,800 $55,280
2014 $2,240 $57,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1857376

Realtracs

APN: 089J-A-001.08