NOT LISTED FOR SALE

401 Armstrong St Columbia, TN 38401

Estimated Value: $223,000 - $438,000

2 Beds
2 Baths
18,784 Sq Ft
$18/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $150,000 $8 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,773/month

Highlights

  • Cooling Available
  • Wood Siding
  • Heating Available
  • Concrete Flooring

About This Home

As of April 2016

THIS IS A MULTI FAMILY INVESTMENT OPPORTUNITY. Formerly Diamond Woods Apartments, this is 16 units ready to be rebuilt. Property is clean of debris and ready to be be brought back to life. Could be excellent investment. 5+ acs in City Limits. Call today

Last Agent to Sell the Property

Jimmy Dugger

Crye-Leike, Inc., REALTORS Brokerage Phone: 6152105027 License #244191 Listed on: 12/08/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Christopher Milfred

Third Coast Real Estate, LLC License # 307339

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1930

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 18,784 Sq Ft Home
  • Property has 1 Level
  • Concrete Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Mcdowell Elementary School
  • Whitthorne Middle School
  • Columbia Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2
  • Assessor Parcel Number 089M E 03001 000

Community Details

Overview

  • 16 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,309

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1930
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6152105027
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Concrete
  • Total Bedrooms: 2
  • Above Grade Finished Sq Ft: 18784
  • Building Area Units: Square Feet
  • Living Area: 18784
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: Yes
  • Utilities: Water Available, Sewer Available

Lot Info

  • Zoning: 1
  • Lot Size: 125X228 IRR
  • Lot Size Units: Acres
  • Parcel #: 089M E 03001 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 16
  • Annual Operating Expense: 1
  • Total Actual Rent: 2

Tax Info

  • Tax Annual Amount: 1309

MLS Schools

  • Elementary School: McDowell Elementary
  • High School: Columbia Central High School
  • Middle Or Junior School: Whitthorne Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Burchell Enterprises Llc
Bought by
Burco Properties Llc
Current Estimated Value
$330,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,800,000
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,469,500

Purchase Details

Closed on
Jun 6, 2024
Sold by
Tennessee Regional Holding Llc
Bought by
Burchell Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,775
Interest Rate
7.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Burco Properties Llc $1,835,000 None Listed On Document
Burchell Enterprises Llc $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burco Properties Llc $1,800,000
Previous Owner Burchell Enterprises Llc $2,675,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Price Changed $245,000 -2.0% $13 / Sq Ft
05/18/2018 05/18/18 For Sale $249,900 +66.6% $13 / Sq Ft
04/29/2016 04/29/16 Sold $150,000 -- $8 / 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 $239 $167,440 $20,000 $147,440
2023 $239 $12,500 $12,500 --
2022 $342 $12,500 $12,500 --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 1689726

Realtracs

APN: 089M-J-016.00