NOT LISTED FOR SALE

409 Norman Rd Columbia, TN 38401

Estimated Value: $448,143

2 Beds
1 Bath
1,097 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $155,000 $141 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,824/month

Highlights

  • Cooling Available
  • Central Heating
  • Carpet

About This Home

As of April 2014

Investment Opportunity!!!!!!! Nice well kept Mobile Home Park w/2 Bedroom Log home and 11 Mobile Home Lots on 14 acres. Owners selling due to health reasons.

Last Agent to Sell the Property

Freddie Morton

Freddie Morton Real Estate & Auction Company, LLC Brokerage Phone: 9313343110 License #294843 Listed on: 09/03/2013

Last Buyer's Agent

Michael Walters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1973

Lot Details

  • 11.26

Home Design

  • Log Siding

Interior Spaces

  • 1,097 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Mt Pleasant Elementary School
  • Mount Pleasant Middle School
  • Mt Pleasant High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $550
  • The owner pays for water
  • Assessor Parcel Number 127 01102 000

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $5,600
  • Gross Income $25,680
  • Net Operating Income $20,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1973
  • Inclusions: NEGOT
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9313343110
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 2
  • Above Grade Finished Sq Ft: 1097
  • Building Area Units: Square Feet
  • Living Area: 1097
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Log
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Lot Info

  • Zoning: Res & Comm
  • Lot Size Units: Acres
  • Parcel #: 127 01102 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 25680
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 20080
  • Number Of Units Total: 12
  • Annual Operating Expense: 5600
  • Total Actual Rent: 550

Tax Info

  • Tax Annual Amount: 1323

MLS Schools

  • Elementary School: Mt Pleasant Elementary
  • High School: Mt Pleasant High School
  • Middle Or Junior School: Mount Pleasant Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Apr 18, 2014
Sold by
Jordan Lisa
Bought by
Walters Tracey L and Walters Phillip C
Seller's Agent
Freddie Morton
Freddie Morton Real Estate & Auction Company, LLC
Buyer's Agent
Michael Walters
List Price
$119,900
Sold Price
$155,000
Premium/Discount to List
$35,100
29.27%
Current Estimated Value
$448,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,143
Original Mortgage
$100,750
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2008
Sold by
Norman Shirley
Bought by
Jordan Lisa

Purchase Details

Closed on
Jul 30, 1984
Bought by
Norman Billy S and Norman Shirley
Source: Public Records

Range of Values:

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Average Value
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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
Walters Tracey L $155,000 None Available
Jordan Lisa $185,000 None Available
Norman Billy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Walters Tracey L $100,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Off Market $155,000 -- --
01/21/2016 01/21/16 For Sale $119,900 -22.6% $109 / Sq Ft
04/18/2014 04/18/14 Sold $155,000 -- $141 / 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 $2,729 $75,800 $51,950 $23,850
Source: Public Records

Agents Affiliated with this Home

  • Freddie Morton

    Seller's Agent in 2014

    Freddie Morton

    Freddie Morton Real Estate & Auction Company, LLC

    (931) 334-3110

    3 in this area

    35 Total Sales

    Freddie Morton
    Section Image

  • M

    Buyer's Agent in 2014

    Michael Walters

See All Agents

Map

Source: Realtracs

MLS Number: 1480729

Realtracs

APN: 127-011.02

Tennessee Maury County Columbia 38401

409 Norman Rd, Columbia, TN

This home is located at 409 Norman Rd, Columbia, TN 38401 since 03 September 2013 and is currently priced at $448,143, approximately $408 per square foot. This property was built in 1973. 409 Norman Rd is a home located in Maury County with nearby schools including J.E. Woody Elementary School, Mt. Pleasant Middle School of the Visual & Performing Arts, and Mt. Pleasant High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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