$225,000

404 E Johnson St Newbern, TN 38059

Estimated payment $1,342/month

Total Views 3,896
-- Bed
-- Bath
2,856 Sq Ft
$79 Price per Sq Ft

About This Home

Investors!!!! Take a look at this 3 apartment building, all on one level, 2 bedroom, one bath apartments. There are 6 additional doors available for purchase at 502 E Johnson. You can purchase all 9 doors for $600,000. Call for more details!

Listing Agent

Charlotte Vaughn

Cornerstone Realty and Property Management License #284473 Listed on: 08/12/2025

Co-Listing Agent

Brian Kozlowski

Cornerstone Realty and Property Management License #358361

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2005

Parking

  • 6 Parking Spaces

Interior Spaces

  • 2,856 Sq Ft Home
  • 1-Story Property

Community Details

  • 3 Units
  • 3 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 047J A 003.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,949

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • Co List Office Mls Id: 400458
  • Co List Office Phone: 731-423-0872
  • Co List Office Phone: 731-423-0872
  • MLS Status: Active
  • Subdivision Name: None
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 1949.15
  • Location Tax and Legal Parcel Number2: 047J A 003.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 120 X 261 IRR
  • General Property Information:Stories Total: 1
  • Levels:One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Number Of Units Total2: 3.0
  • General Property Information Number Of Buildings2: 1.0
  • Unit Details Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 6.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 047J A 003.00
  • Lot Dimensions: 120 X 261 IRR

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 3
  • Total Actual Rent: 2010.0

Tax Info

  • Tax Annual Amount: 1949.15

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,270 $67,760 $0 $0
2024 $1,270 $51,640 $2,400 $49,240
2023 $1,949 $51,640 $2,400 $49,240
2022 $1,903 $51,640 $2,400 $49,240
2021 $1,903 $51,640 $2,400 $49,240
2020 $1,224 $51,640 $2,400 $49,240
2019 $1,898 $45,880 $2,400 $43,480
2018 $1,898 $45,880 $2,400 $43,480
2017 $1,898 $45,880 $2,400 $43,480
2016 $1,907 $45,880 $2,400 $43,480
2015 $1,840 $45,880 $2,400 $43,480
2014 $1,840 $45,880 $2,400 $43,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2025 08/12/25 For Sale $225,000 +152.8% $79 / Sq Ft
02/09/2023 02/09/23 Sold $89,000 -10.1% $31 / Sq Ft View Prior Sale
01/26/2023 01/26/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $99,000 +65.0% $35 / Sq Ft
09/30/2014 09/30/14 Sold $60,000 0.0% $21 / Sq Ft View Prior Sale
08/11/2014 08/11/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $60,000 -- $21 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $123,500 --
Warranty Deed $89,000 Dyer Land Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Quiring John
Special Warranty Deed $154,000 --
Special Warranty Deed $96,250 --
Deed $11,000 --
Warranty Deed $8,500 --
Warranty Deed $10,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 New Conventional
Source: Public Records

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2503808

Central West Tennessee Association of REALTORS®

APN: 047J-A-003.00