$340,000
SOLD AUG 22, 2025

3187 Cedar Grove Rd Lebanon, TN 37087

4 Beds
-- Bath
1,800 Sq Ft
1997 Built

Recently Sold

$189 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Carpet

About This Home

As of August 2025

This home is leased to tenants who are not to be disturbed. Any offers should be contingent upon the buyer viewing the interior of the property, and upon a signed contract being accepted, the tenants will be notified and the buyer scheduled to view the interiors.

Last Agent to Sell the Property

Dan Midgett

Midgett & Fite Brokerage Phone: 6156045825 License #290557 Listed on: 07/03/2025

Last Buyer's Agent

Ronald Banta

The Huffaker Group, LLC License #371447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1997

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1,800 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Carroll Oakland Elementary
  • Lebanon High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,510
  • Assessor Parcel Number 036 01807 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,880
  • Gross Income $28,800
  • Net Operating Income $25,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,369

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1997
  • Inclusions: Appliances,Negotiable,Other
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Attribution Contact: 6156045825
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1800
  • Building Area Units: Square Feet
  • Living Area: 1800
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Other
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Res
  • Lot Size: 2.52 ac
  • Lot Size Units: Acres
  • Parcel #: 036 01807 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • HOA Rent Includes: None
  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 28800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 25920
  • Number Of Units Total: 2
  • Annual Operating Expense: 2880
  • Total Actual Rent: 2510

Tax Info

  • Tax Annual Amount: 1369

MLS Schools

  • Elementary School: Carroll Oakland Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Carroll Oakland Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Aug 19, 2025
Sold by
Scheide James W and Scheide Patricia L
Bought by
Ward Tammy
Seller's Agent
Dan Midgett
Midgett & Fite
Buyer's Agent
Ronald Banta
The Huffaker Group, LLC
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.72%
Original Mortgage
$333,841
Outstanding Balance
$333,841
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$20,989

Purchase Details

Closed on
Mar 24, 2017
Sold by
Warren Phillip and Warren Daina E
Bought by
Scheide Jams W and Scheide Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Jewell Paul L
Bought by
Evening Shade Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.22%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $162,500 None Available
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,841 FHA
Previous Owner $130,000 New Conventional
Previous Owner $132,000 No Value Available
Previous Owner $124,000 No Value Available
Previous Owner $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $340,000 -1.4% $189 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $345,000 -- $192 / 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 $1,369 $71,720 $20,480 $51,240
2022 $1,369 $71,720 $20,480 $51,240
2021 $1,369 $71,720 $20,480 $51,240
2020 $1,718 $71,720 $20,480 $51,240
2019 $1,718 $68,200 $16,360 $51,840
2018 $1,718 $68,200 $16,360 $51,840
2017 $1,718 $68,200 $16,360 $51,840
2016 $1,718 $68,200 $16,360 $51,840
2015 $1,753 $68,200 $16,360 $51,840
2014 $1,446 $56,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2928517

Realtracs

APN: 036-018.07