NOT LISTED FOR SALE

409 South Ct Greenbrier, TN 37073

Estimated Value: $236,000 - $282,000

4 Beds
2 Baths
2,052 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $137,500 $67 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,628/month

Highlights

  • Cooling Available
  • Tile Flooring
  • Central Heating

About This Home

As of June 2016

Excellent location - income generating property!

Last Agent to Sell the Property

Sari Lawrence

RE/MAX 1ST Choice Brokerage Phone: 6159177605 License #335889 Listed on: 06/15/2016

RE/MAX  1ST Choice

Last Buyer's Agent

Scott Giles

Freedom Real Estate Solutions, LLC License # 261992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1980

Lot Details

  • 0.7

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Greenbrier Elementary School
  • Greenbrier Middle School
  • Greenbrier High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,400
  • The owner pays for water
  • Assessor Parcel Number 124H A 05200 000

Community Details

Overview

  • 2 Units
  • Lloyd P Faires Subdivision

Building Details

  • Operating Expense $2,040
  • Gross Income $16,800
  • Net Operating Income $14,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,447

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6159177605
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1026
  • Below Grade Sq Ft: 1026
  • Building Area Units: Square Feet
  • Living Area: 2052
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Multi
  • Lot Size: 150X204 IRR
  • Lot Size Units: Acres
  • Parcel #: 124H A 05200 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 16800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 14760
  • Number Of Units Total: 2
  • Annual Operating Expense: 2040
  • Total Actual Rent: 1400

Tax Info

  • Tax Annual Amount: 1447

MLS Schools

  • Elementary School: Greenbrier Elementary
  • High School: Greenbrier High School
  • Middle Or Junior School: Greenbrier Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
Ziegler Zachary E
Bought by
Red Elk Enterprises Llc
Current Estimated Value
$262,138

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jun 24, 2016
Sold by
Hernandez Ramon L
Bought by
Ziegler Zachary E
Seller's Agent
Sari Lawrence
RE/MAX 1ST Choice
Buyer's Agent
Scott Giles
Freedom Real Estate Solutions, LLC
List Price
$2,500,000
Sold Price
$137,500
Premium/Discount to List
-$2,362,500
-94.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
May 16, 2011
Sold by
Morris Mark
Bought by
Hernandez Ramon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2007
Sold by
Carter Walter H
Bought by
Mark Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.1%

Purchase Details

Closed on
Jun 5, 1984
Bought by
Carter Walter H

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

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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
Red Elk Enterprises Llc -- None Available
Ziegler Zachary E $137,500 --
Hernandez Ramon L $135,000 --
Mark Morris $98,000 --
Carter Walter H -- --
-- $800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Ramon L $108,000
Previous Owner Mark Morris $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2021 01/01/21 Off Market $137,500 -- --
06/03/2020 06/03/20 For Sale $2,500,000 +1718.2% $1,218 / Sq Ft
06/03/2020 06/03/20 Off Market $137,500 -- --
08/30/2019 08/30/19 Price Changed $2,500,000 -13.8% $1,218 / Sq Ft
11/09/2018 11/09/18 For Sale $2,900,000 0.0% $1,413 / Sq Ft
06/01/2017 06/01/17 Rented $393,000 -1.7% --
03/19/2017 03/19/17 Under Contract -- -- --
03/16/2017 03/16/17 For Rent $399,900 0.0% --
06/24/2016 06/24/16 Sold $137,500 -- $67 / 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 -- $81,680 $32,000 $49,680
2023 $2,319 $81,680 $32,000 $49,680
2022 $1,645 $38,760 $7,760 $31,000
2021 $1,607 $38,760 $7,760 $31,000
2020 $1,607 $38,760 $7,760 $31,000
2019 $61,898 $38,760 $7,760 $31,000
2018 $1,413 $38,760 $7,760 $31,000
2017 $1,448 $34,840 $7,200 $27,640
2016 $1,448 $34,840 $7,200 $27,640
2015 $1,404 $34,840 $7,200 $27,640
2014 $1,404 $34,840 $7,200 $27,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1739272

Realtracs

APN: 124H-A-052.00