NOT LISTED FOR SALE

Estimated Value: $722,828 - $1,229,000

16 Beds
8 Baths
1,550 Sq Ft
$600/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $725,000 $468 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,452/month

4 Days on Market

Highlights

  • Living Room
  • Four Sided Brick Exterior Elevation
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Parcel # 045-241-04 has two duplex's and one fourplex on the property. All units are 2 bedroom and 1 full bath. Total of 8 units. Back part of property (3.97 acres) is in flood plain. Per seller: units are not in flood plain and does not require flood insurance. Strong rental history. Location has quick and easy access to I-85 and Uptown. New house being built across the street and new house built in 2022 right down the street.
DO NOT DISTURB TENANTS. DO NOT WALK THE PROPERTY.

Last Agent to Sell the Property

Ray McDougal

Briley Burris Realty Brokerage Email: rmcdougal@kw.com License #55512 Listed on: 06/23/2023

Last Buyer's Agent

Ray McDougal

Briley Burris Realty Brokerage Email: rmcdougal@kw.com License #55512 Listed on: 06/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1957

Lot Details

  • 3.97

Parking

  • Parking Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,550 Sq Ft Home
  • Living Room
  • Crawl Space
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for exterior maintenance, management
  • Assessor Parcel Number 045-241-04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,894

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1957
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Dirt, Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: rmcdougal@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Sq Ft Unheated Basement: 0
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Gas Water Heater
  • Owner Pays: Exterior Maintenance, Management
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Living Area: 1550

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Exclusions: some tenants own their appliances
  • Construction Type: Brick Full, Concrete Block, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Flood Plain/Bottom Land
  • Lot Size Units: Acres
  • Parcel Number: 045-241-04
  • Zoning: R-4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R4

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 27, 2023
Sold by
Samuel Wilson Lee Family Trust
Bought by
Fincher Apartments Llc
Seller's Agent
Ray McDougal
Briley Burris Realty
Buyer's Agent
Ray McDougal
Briley Burris Realty
List Price
$825,000
Sold Price
$725,000
Premium/Discount to List
-$100,000
-12.12%
Views
92
Current Estimated Value
$929,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,943
Avg. Annual Appreciation
12.71%
Original Mortgage
$161,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Lee Donald R
Bought by
Samuel Wilson Lee Family Trust and Lee Donald R
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
Fincher Apartments Llc $725,000 None Listed On Document
Samuel Wilson Lee Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fincher Apartments Llc $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $725,000 -12.1% $468 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $825,000 -- $532 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,894 $748,200 $148,900 $599,300
2024 $6,894 $748,200 $148,900 $599,300
2023 $4,799 $748,200 $148,900 $599,300
2022 $4,799 $393,200 $70,300 $322,900
2021 $3,794 $393,200 $70,300 $322,900
2020 $4,652 $393,200 $70,300 $322,900
2019 $4,527 $393,200 $70,300 $322,900
2018 $4,823 $322,800 $43,100 $279,700
2017 $4,682 $322,800 $43,100 $279,700
2016 $4,285 $322,800 $43,100 $279,700
2015 $4,514 $322,800 $43,100 $279,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4043369

Canopy MLS (Canopy Realtor® Association)

APN: 045-241-04