NOT LISTED FOR SALE

400 E Ridge Dr Paris, TN 38242

16 Beds
8 Baths
7,353 Sq Ft
104,544 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $270,000 $37 Per Sq Ft

2,707 Days on Market

Highlights

  • 2.4 Acre Lot
  • Central Air
  • Heat Pump System
  • W.G. Rhea Elementary School Rated A-

About This Home

As of August 2018

4 BRICK DUPLEXES SELLING TOGETHER; TOTAL OF RENTAL 8 UNITS; ALL UNITS AT TIME OF LISTING CURRENTLY OCCUPIED; EACH UNIT HAS ATTACHED CARPORT TO PARK;SOME UNITS HAVE KITCHEN APPLIANCES. EACH UNIT HAS HAD NEW ROOF IN PAST FEW YEARS;YEARLY GROSS INCOME IS $39,000/YEAR;; ONSITE MANAGER LIVES IN ONE UNIT RENT FREE; IF YOU DIDN'T NEED ONSITE MANAGER YOU COULD INCREASE GROSS INCOME TO $45,000/YEAR. BUYER MUST BE PRE-QUALIFIED FOR PURCHASE PRIOR TO VIEWING UNITS INSIDE.

Last Agent to Sell the Property

Rick Moody

Moody Realty Company, Inc. Brokerage Phone: 7316425093 License #0221320 Listed on: 03/03/2011

Last Buyer's Agent

Rick Moody

Moody Realty Company, Inc. Brokerage Phone: 7316425093 License #0221320 Listed on: 03/03/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1964

Lot Details

  • 2.4 Acre Lot

Parking

  • Carport

Home Design

  • 7,353 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Schools

  • Paris City Elementary School
  • E.W. Grove Middle School
  • Henry County High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • The owner pays for electricity
  • Assessor Parcel Number 16.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,231

Year Built

Built in 1964

Lot Details

2.4 Acres

Listing Details

  • Property Sub Type: Duplex,Multi Family
  • Prop. Type: Residential Income
  • NumberUnfurnished: Unfurnished
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1964
  • Attribution Contact: 7316425093
  • Special Features: None

Interior Features

  • Total Bedrooms: 16
  • Door Features: Storm Windows/Doors

Exterior Features

  • Fencing: None
  • Acres: 2.4
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Henry County
  • Middle Or Junior School: E.W. Grove

Lot Info

  • Lot Dimensions: 2.4 ACRES
  • Lot Size Sq Ft: 104544
  • ResoLotSizeUnits: Acres
  • Parcel #: 16.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Electricity

Multi Family

  • Number Of Units Total: 8
  • Number Of Units Leased: 8
  • Tenant Pays: Electricity, Water, Sewer

Tax Info

  • Tax Annual Amount: 4230.88
  • Tax Book Number: 184
  • Tax Map Number: 95O

MLS Schools

  • Elementary School: Paris City
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $270,000 0.0% $37 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
03/03/2011 03/03/11 For Sale $270,000 -- $37 / Sq Ft
Source: Tennessee Valley Association of REALTORS®

Agents Affiliated with this Home

  • Rick Moody

    Seller's Agent in 2018

    Rick Moody

    Moody Realty Company, Inc.

    (731) 336-9077

    70 in this area

    191 Total Sales

    Rick Moody
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Map

Source: Tennessee Valley Association of REALTORS®

MLS Number: 105521

Tennessee Henry County Paris 38242

400 E Ridge Dr, Paris, TN

Not Listed for Sale

MultiFamily

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