NOT LISTED FOR SALE

415 E Lafayette St Jackson, TN 38301

Downtown Jackson Neighborhood

Estimated Value: $346,000 - $437,000

7 Beds
7 Baths
5,500 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2022

Last sale price $409,900 $75 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,237 / mo

46 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • Laundry Facilities
  • Efficiency Studio
  • Central Air

About This Home

As of July 2022

Great Investment Opportunity, tons of charm and potential. Currently an income producing property - Fully occupied Multi-family home located in downtown Jackson, TN. New Roof to be put on in March 2022. Updated community kitchen with Viking appliances. Shared laundry, 4 heating units and 7 cooling units. 2 studios, 1 two bedroom unit and five 1bedroom/1bath units. Separate carriage house around 1,000sqft. Community back patio. Parking on site. Must confirm tax info. Call for a tour today!

Last Agent to Sell the Property

Kendall Hodges

Weichert, REALTORS-BenchMark License #334054 Listed on: 03/04/2022

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Kendall Hodges

Weichert, REALTORS-BenchMark License #334054 Listed on: 03/04/2022

Weichert, REALTORS-BenchMark

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Landscaped

Parking

  • Paved Parking

Home Design

  • Converted Dwelling
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5,500 Sq Ft Home
  • Efficiency Studio
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for some utilities

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Jackson Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

51 Acres

Listing Details

  • Class: Multi-Family
  • Type: Converted House
  • MAAR Subdivision Name: Downtown Jackson, TN
  • Freestanding: Yes
  • List Price Per Sq Ft: 75
  • Estimated Sq Ft: 5500
  • Year Built: 1900
  • Construction: Vinyl Siding
  • List Price Per Unit: 51237.5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher, Microwave

Exterior Features

  • Foundation: Partial Basement, Full Basement
  • Roof: Composition
  • Miscellaneous Exterior: Some Landscaping

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central, Electrial
  • Heating Systems: Gas
  • Laundry: Connections, Common Laundry

Lot Info

  • Lot Size: 5,967

Rental Info

  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 8
  • Number2 Bedroom Units: 1
  • Number Efficiency Studio Units: 2
  • Type of Unit: Efficiency/Studio, 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Jul 19, 2022
Sold by
Bought by
Seller's Agent
Kendall Hodges
Weichert, REALTORS-BenchMark
Buyer's Agent
Kendall Hodges
Weichert, REALTORS-BenchMark
List Price
$409,900
Sold Price
$409,900
Current Estimated Value
$389,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,177
Avg. Annual Appreciation
-1.26%
Original Mortgage
$327,920
Outstanding Balance
$294,054
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$95,669

Purchase Details

Closed on
Jul 26, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2005
Sold by
Bought by

Purchase Details

Closed on
May 29, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 1995
Bought by

Purchase Details

Closed on
Sep 14, 1945
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$357,000 Glankler Brown Pllc
$186,343 --
-- --
-- --
$77,500 --
$47,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $327,920
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $409,900 0.0% $75 / Sq Ft
03/04/2022 03/04/22 For Sale $409,900 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,736 $92,680 $5,400 $87,280
2024 $1,736 $92,680 $5,400 $87,280
2022 $3,229 $92,680 $5,400 $87,280
2021 $3,169 $73,480 $4,200 $69,280
2020 $1,779 $73,480 $4,200 $69,280
2019 $3,169 $73,480 $4,200 $69,280
2018 $3,169 $73,480 $4,200 $69,280
2017 $3,171 $71,880 $4,200 $67,680
2016 $2,955 $71,880 $4,200 $67,680
2015 $2,956 $71,880 $4,200 $67,680
2014 $2,956 $71,880 $4,200 $67,680
Source: Public Records

Agents Affiliated with this Home

  • Kendall Hodges

    Seller's Agent in 2022

    Kendall Hodges

    Weichert, REALTORS-BenchMark

    (901) 490-2152

    1 in this area

    69 Total Sales

    Kendall Hodges
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118748

Memphis Area Association of REALTORS®

APN: 078P-E-003.00

Tennessee Madison County Jackson 38301 Downtown Jackson

415 E Lafayette St, Jackson, TN

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