NOT LISTED FOR SALE

400 E Ridge Dr Paris, TN 38242

Paris Area
16 Beds
8 Baths
7,353 Sq Ft
2.4 Acre Lot

Sale Details

Date Sold: August 31, 2018

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

2707 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paris, TN

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: Tennessee Valley Association of REALTORS®

MLS Number: 105521

Your Personal Tour Guide

Ask me questions while you tour the home.