NOT LISTED FOR SALE

418 Farrar St Murfreesboro, TN 37129

Estimated Value: $710,221

8 Beds
4 Baths
4,256 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 10, 2013

Last sale price $267,000 $63 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,129/month

Highlights

  • Cooling Available
  • Tile Flooring
  • Central Heating
  • Siegel Middle School Rated A-

About This Home

As of June 2013

Very nice Quadraplex in North Murfreesboro. Recently Updated Interior and Exterior. New HardyBoard Exterior & New Windows & Trim. Updated Kitchen & Bath Cabinets & CounterTops. Tile Baths, Very Convenient Location to Shopping & Schools. Large 1 Acre Lot.

Last Agent to Sell the Property

Teresa Kidd

Keller Williams Realty - Murfreesboro Brokerage Phone: 6154563853 License #256188 Listed on: 01/16/2013

Keller Williams Realty - Murfreesboro

Last Buyer's Agent

Teresa Kidd

Keller Williams Realty - Murfreesboro Brokerage Phone: 6154563853 License #256188 Listed on: 01/16/2013

Keller Williams Realty - Murfreesboro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1973

Lot Details

  • 0.34

Home Design

  • Quadruplex
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 4,256 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Mitchell-Neilson Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,600
  • Assessor Parcel Number 091C G 02100 R0054347

Community Details

Overview

  • 4 Units
  • Clark Bros Subdivision

Building Details

  • Operating Expense $2,951
  • Gross Income $31,200
  • Net Operating Income $28,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,951

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1973
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154563853
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 4256
  • Building Area Units: Square Feet
  • Living Area: 4256
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Hardboard Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

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: Res
  • Lot Size: 1 Acre
  • Lot Size Units: Acres
  • Parcel #: 091C G 02100 R0054347
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 31200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 28249
  • Number Of Units Total: 4
  • Annual Operating Expense: 2951
  • Total Actual Rent: 2600

Tax Info

  • Tax Annual Amount: 2951

MLS Schools

  • Elementary School: Mitchell-Neilson Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Middle Tennessee Investment Projects Llc
Bought by
Middle Tennessee Investment Projects Llc
Current Estimated Value
$710,221

Purchase Details

Closed on
Dec 19, 2013
Sold by
Walker Douglas E Glenda
Bought by
Middle Tennessee Investment Pr

Purchase Details

Listed on
Jan 16, 2013
Closed on
Jun 12, 2013
Sold by
Dixon Greg A Vince E
Bought by
Walker Douglas E Glenda Trus and Walker Douglas E Glenda G T
Seller's Agent
Teresa Kidd
Keller Williams Realty - Murfreesboro
Buyer's Agent
Teresa Kidd
Keller Williams Realty - Murfreesboro
List Price
$134,900
Sold Price
$267,000
Premium/Discount to List
$132,100
97.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Jul 16, 2010
Sold by
Hestand Benton W
Bought by
Dixon Greg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2005
Sold by
Chapman Frealin H
Bought by
Hestand Benton W and Hestand Waltraud

Purchase Details

Closed on
Aug 7, 2000
Sold by
Stone Gerald G
Bought by
Chapman Frealin H
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
Middle Tennessee Investment Projects Llc -- State Hagan Jenkins Law Group
Middle Tennessee Investment Pr -- --
Walker Douglas E Glenda Trus $267,000 --
Dixon Greg A $209,000 --
Hestand Benton W $200,000 --
Chapman Frealin H $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Frealin H $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $134,900 -49.5% $32 / Sq Ft
06/10/2013 06/10/13 Sold $267,000 -- $63 / 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
2025 $4,360 $154,120 $18,000 $136,120
2024 $4,360 $154,120 $18,000 $136,120
2023 $2,892 $154,120 $18,000 $136,120
2022 $2,491 $154,120 $18,000 $136,120
2021 $2,484 $111,920 $14,000 $97,920
2020 $2,484 $111,920 $14,000 $97,920
2019 $2,484 $111,920 $14,000 $97,920
2018 $3,413 $111,920 $0 $0
2017 $3,096 $79,680 $0 $0
2016 $3,096 $79,680 $0 $0
2015 $3,096 $79,680 $0 $0
2014 $1,981 $79,680 $0 $0
2013 -- $79,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1420068

Realtracs

APN: 091C-G-021.00-000