$395,000
SOLD JUL 1, 2025

407 N Laurel Cir Columbia, TN 38401

4 Beds
2 Baths
1,679 Sq Ft
1970 Built

Recently Sold

$235 Per Sq Ft

6% Below List Price

8 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available

About This Home

As of July 2025

LOCATION, LOCATION, LOCATION* This turnkey duplex went through a remarkable upscale renovation in 2023, is located right off of Hwy 31 in North Columbia, and boasts over an acre lot! The property has amazing tenants at top of the market rates. This great investment property also includes 2 new HVACs (2023) which have 10 year transferable labor warranties, and a newer metal roof so this should help lower your expenses over the next few years! This property is currently managed by Freedom Property Management and they are willing to continue managing the property.

Last Agent to Sell the Property

Todd Hicks

Capstone Realty Brokerage Phone: 9316754390 License #340818 Listed on: 04/18/2025

Capstone Realty

Last Buyer's Agent

Kelsey Henry

Keller Williams Realty License #365580

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 115x420

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,679 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • E. A. Cox Middle School
  • Columbia Central High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,020
  • Assessor Parcel Number 075J D 01500 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hardie Arces Subdivision

Building Details

  • Operating Expense $600
  • Gross Income $36,000
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Attribution Contact: 9316754390
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1679
  • Building Area Units: Square Feet
  • Living Area: 1679
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • 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: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 115X420
  • Lot Size Units: Acres
  • Parcel #: 075J D 01500 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 36000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 35400
  • Number Of Units Total: 2
  • Annual Operating Expense: 600
  • Total Actual Rent: 3020

Tax Info

  • Tax Annual Amount: 2204

MLS Schools

  • Elementary School: E. A. Cox Middle School
  • High School: Columbia Central High School
  • Middle Or Junior School: E. A. Cox Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 15, 2023
Sold by
Mitchell Teresa
Bought by
Foster Rentals Llc
Seller's Agent
Clasha Tanner
United Country - Columbia Realty & Auction
Buyer's Agent
Derrick Foster
Keller Williams Realty Nashville/Franklin
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Views
11

Purchase Details

Closed on
Apr 5, 1990
Bought by
Rice David

Purchase Details

Closed on
Apr 14, 1987
Bought by
Moredock Iver H and Moredock Ina C

Purchase Details

Closed on
Apr 21, 1978
Bought by
Ramsey James W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $255,000 Sunset Title & Escrow
Warranty Deed $69,900 --
Warranty Deed $60,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $395,000 -5.9% $235 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $419,900 +64.7% $250 / Sq Ft
03/16/2023 03/16/23 Sold $255,000 -14.7% $152 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $299,000 -- $178 / 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
2022 $2,204 $80,600 $11,960 $68,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2820105

Realtracs

APN: 075J-D-015.00