NOT LISTED FOR SALE

415 E Lafayette St Jackson, TN 38301

Downtown Jackson Neighborhood

Estimated Value: $356,000 - $429,000

7 Beds
7 Baths
5,500 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2022

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

Est. 8% decrease in value since last sale

Current estimated payment $2,233 / 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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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
Seth Chandler Brian and Seth Ann Ashley
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
$376,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,403
Avg. Annual Appreciation
-0.78%
Original Mortgage
$327,920
Outstanding Balance
$287,498
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$109,273

Purchase Details

Closed on
Jul 26, 2013
Sold by
Allen John H
Bought by
Chandler Brian Seth and Chandler Ashley Ann

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
Semrau Lorne
Bought by
Allen John H

Purchase Details

Closed on
Mar 3, 2005
Sold by
Jackson Madison County Lib
Bought by
Lorne Semrau

Purchase Details

Closed on
May 29, 2003
Sold by
Hicks Joseph L
Bought by
Lorne Semrau

Purchase Details

Closed on
Aug 23, 1995
Bought by
Hicks Joseph L

Purchase Details

Closed on
Sep 14, 1945
Bought by
Jennie Spencer W and Jennie Harris
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Jackson, TN

  • Darrick Mann Real Estate Agent - Crye-Leike Elite

    Darrick Mann

    Crye-Leike Elite

    (731) 240-9665

    52 Total Sales

    1 in Downtown Jackson

    $225,000 Price

    Darrick Mann
     Section Image
  • Chris Miller Real Estate Agent - Crye-Leike Elite

    Chris Miller

    Responds Quickly

    Crye-Leike Elite

    (731) 202-4137

    216 Total Sales

    5 in Downtown Jackson

    $32K - $298K Price Range

    Chris Miller
     Section Image
  • Ben Roberts Real Estate Agent - RE/MAX Realty Source

    Ben Roberts

    RE/MAX Realty Source

    (731) 202-2868

    70 Total Sales

    1 in Downtown Jackson

    $525,000 Price

    Ben Roberts
     Section Image
  • Brad Greer Real Estate Agent - Greer Real Estate Group

    Brad Greer

    Responds Quickly

    Greer Real Estate Group

    (731) 202-4142

    121 Total Sales

    18 in Downtown Jackson

    $13K - $1.3M Price Range

    Brad Greer
     Section Image
  • Melissa McPhearson Real Estate Agent - BHGRE Conner Jackson

    Melissa McPhearson

    BHGRE Conner Jackson

    (731) 202-4096

    52 Total Sales

    3 in Downtown Jackson

    $38K - $176K Price Range

    Melissa McPhearson
     Section Image
  • Destiny Burns Real Estate Agent - Stellar Realty Group

    Destiny Burns

    Stellar Realty Group

    (731) 595-0882

    114 Total Sales

    1 in Downtown Jackson

    $6,000 Price

    Destiny Burns
     Section Image
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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
Chandler Brian Seth $186,343 --
Allen John H -- --
Lorne Semrau -- --
Lorne Semrau $77,500 --
Hicks Joseph L $47,000 --
Jennie Spencer W -- --
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 Chandler Brian Seth $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 Real Estate Agent - Weichert, REALTORS-BenchMark

    Seller's Agent in 2022

    Kendall Hodges

    Weichert, REALTORS-BenchMark

    (901) 490-2152

    1 in this area

    65 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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