NOT LISTED FOR SALE

4002 E Compton Rd Murfreesboro, TN 37130

Estimated Value: $2,439,061

35.7 Acres
$68,321 Price per Acre
1,555,092 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $2,250,000 $2,250,000 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,530/month

58 Days on Market

Highlights

  • 35.7 Acre Lot
  • No HOA
  • No Heating
  • Lascassas Elementary School Rated A-
  • Level Lot

About This Lot

As of March 2022

74 home PUD. Great location. Land is flat and ready for developer. Current name is Kingsmill Estate Planned Unit Development. Current owner to retain 4 of the 74 lots to be developed by the buyer at no charge to current owner. Buyer to assume financial responsibility for future engineering and soil evaluation cost.

Last Agent to Sell the Property

Michael O'Donnell

Royal Properties Realty Co. Inc. License # 314497 Listed on: 12/04/2021

Last Buyer's Agent

Savannah Blackwelder

Onward Real Estate License #333717

Onward Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,174

Lot Details

  • 35.7 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned Farm

Schools

  • Lascassas Elementary/Middle School
  • Oakland Middle School
  • Oakland High School

Community Details

  • No Home Owners Association
  • Garvin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067 04300 R0036322

Property Details

Property Type

Land

Est. Annual Taxes

$1,174

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Topography: LEVEL
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Farm
  • Current Use: Residential
  • Lot Size Acres: 35.7
  • Lot Size Units: Acres
  • Parcel #: 067 04300 R0036322

Tax Info

  • Tax Annual Amount: 1174

MLS Schools

  • Elementary School: Lascassas Elementary/Middle
  • High School: Oakland High School
  • Middle Or Junior School: Oakland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 23, 2022
Sold by
Garvin Richard P
Bought by
Mhw Investment Partners Llc
Seller's Agent
Michael O'Donnell
Royal Properties Realty Co. Inc.
Buyer's Agent
Savannah Blackwelder
Onward Real Estate
List Price
$2,500,000
Sold Price
$2,250,000
Premium/Discount to List
-$250,000
-10%
Current Estimated Value
$2,439,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,061
Avg. Annual Appreciation
2.17%
Original Mortgage
$7,000,000
Interest Rate
3.39%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 21, 2022
Sold by
Serena Deleon
Bought by
Garvin Richard Paul
Seller's Agent
Michael O'Donnell
Royal Properties Realty Co. Inc.
Buyer's Agent
Savannah Blackwelder
Onward Real Estate
List Price
$2,500,000
Sold Price
$2,250,000
Premium/Discount to List
-$250,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
3.39%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 21, 2007
Sold by
Garvin Serena D
Bought by
Garvin Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Richard Garvin
Bought by
Garvin Sherena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.79%

Purchase Details

Closed on
Jan 29, 1996
Bought by
Luna and Wendy
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
Mhw Investment Partners Llc $2,250,000 Gateway Title Services
Mhw Investment Partners Llc $2,250,000 Gateway Title Services
Garvin Richard Paul -- None Listed On Document
Garvin Richard P -- --
Garvin Richard P -- --
Garvin Sherena D -- --
Luna $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mhw Investment Partners Llc $7,000,000
Previous Owner Garvin Richard P $125,000
Previous Owner Luna $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $2,250,000 -10.0% $2,250,000 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/04/2021 12/04/21 For Sale $2,500,000 -- $2,500,000 / 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 $8,552 $455,825 $455,825 $0
2024 $8,552 $455,825 $455,825 $0
2023 $8,552 $455,825 $455,825 $0
2022 $2,277 $140,875 $136,750 $4,125
2021 $1,174 $52,900 $52,275 $625
2020 $1,174 $52,900 $52,275 $625
2019 $1,174 $52,900 $52,275 $625
Source: Public Records

Agents Affiliated with this Home

  • Michael O'Donnell

    Seller's Agent in 2022

    Michael O'Donnell

    Royal Properties Realty Co. Inc.

    (615) 473-5684

    19 in this area

    53 Total Sales

    Michael O'Donnell
    Section Image
  • Savannah Blackwelder

    Buyer's Agent in 2022

    Savannah Blackwelder

    Onward Real Estate

    (615) 631-1921

    47 in this area

    81 Total Sales

    Savannah Blackwelder
    Section Image
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Map

Source: Realtracs

MLS Number: 2313281

Realtracs

APN: 067-043.00-000

Tennessee Rutherford County Murfreesboro 37130

4002 E Compton Rd, Murfreesboro, TN

Not Listed for Sale

Lots

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