NOT LISTED FOR SALE

413 Circle Dr Springfield, TN 37172

9 Beds
5 Baths
5,600 Sq Ft
0.99 Acres

Last Sold March 23, 2018

Last sale price $175,000 $31 Per Sq Ft

Highlights

  • 0.99 Acre Lot
  • Carpet
  • Property has 1 Level
  • Window Unit Cooling System
  • Heating Available

About This Home

As of March 2018

Great Return on $....17% Cap Rate! 7 units all landlord owned with a total of $39k income per year square footage is a combined estimate of all units

Last Agent to Sell the Property

Matt Burnett

EXP Realty License # 293219 Listed on: 02/28/2018

EXP Realty

Co-Listed By

Martie Burnett

EXP Realty License # 295804

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1976

Lot Details

  • 0.99 Acre Lot

Interior Spaces

  • 5,600 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Crestview Elementary School
  • Springfield Middle School
  • Springfield High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number 074091K B 02400 000091K

Community Details

Overview

  • 7 Units
  • Shannondale Sec Add Subdivision

Building Details

  • Operating Expense $5,068
  • Gross Income $39,000
  • Net Operating Income $33,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$931

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1976
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 5600
  • Building Area Units: Square Feet
  • Living Area: 5600
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Other
  • 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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: R10
  • Lot Size Acres: 0.99
  • Lot Size: 328/332X238.6/246
  • Lot Size Units: Acres
  • Parcel #: 074091K B 02400 000091K
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 39000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 33932
  • Number Of Units Total: 7
  • Annual Operating Expense: 5068
  • Total Actual Rent: 1900

Tax Info

  • Tax Annual Amount: 931

MLS Schools

  • Elementary School: Crestview Elementary
  • High School: Springfield High School
  • Middle Or Junior School: Springfield Middle School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $409,999 -2.1% $73 / Sq Ft
08/25/2020 08/25/20 For Sale $419,000 +139.4% $75 / Sq Ft
03/23/2018 03/23/18 Sold $175,000 -- $31 / Sq Ft
Source: Realtracs

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 -- $42,640 $36,000 $6,640
2024 -- $42,640 $36,000 $6,640
2023 $1,069 $42,640 $36,000 $6,640
2022 $826 $22,640 $14,200 $8,440
2021 $826 $22,640 $14,200 $8,440
2020 $826 $22,640 $14,200 $8,440
2019 $24,883 $22,640 $14,200 $8,440
2018 $826 $22,640 $14,200 $8,440
2017 $931 $21,720 $12,800 $8,920
2016 $931 $21,720 $12,800 $8,920
2015 $904 $21,720 $12,800 $8,920
2014 $904 $21,720 $12,800 $8,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1905663

Realtracs
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