NOT LISTED FOR SALE

429 E Lytle St Murfreesboro, TN 37130

Estimated Value: $272,460 - $373,000

Studio
3 Baths
1,810 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $259,000 $143 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,043/month

16 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Property has 1 Level
  • Siegel Middle School Rated A-
  • Two Heating Systems

About This Home

As of March 2021

Home to be sold at public auction Feb. 18th, 4:00 PM. Income Producing Triplex. Walking distance to MTSU and Downtown Murfreesboro this triplex is 100% occupied and grossing $1700 a month. Each unit offers 1 bedroom, 1 bath, hardwood floors, new roof and 1 unit offers washer/dryer connections. Opportunities such as this are almost impossible to find. SHOWINGS Sunday 2/14 2-3pm & starting at 3pm on Auction Day ONLY.

Last Agent to Sell the Property

Vandy VanMeter

Parks Auction & Realty License #306166 Listed on: 02/03/2021

Parks Auction & Realty

Co-Listed By

Keith Strain

Parks Auction & Realty License # 260347

Last Buyer's Agent

Vandy VanMeter

Parks Auction & Realty License #306166 Listed on: 02/03/2021

Parks Auction & Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1932

Lot Details

  • Lot Dimensions are 40x158

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Window Unit Cooling System
  • Two Heating Systems

Listing and Financial Details

  • Total Actual Rent $1,700
  • The owner pays for water
  • Assessor Parcel Number 091L P 02000 R0055976

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1
  • Gross Income $20,400
  • Net Operating Income $20,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,165

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1932
  • Inclusions: OTHER
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Vinyl
  • Above Grade Finished Sq Ft: 1810
  • Building Area Units: Square Feet
  • Living Area: 1810
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl 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: 6
  • Parking Features: Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Dual
  • Heating Yn: Yes

Lot Info

  • Zoning: COMM
  • Lot Size: 40x158
  • Lot Size Units: Acres
  • Parcel #: 091L P 02000 R0055976
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 20400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 20399
  • Number Of Units Total: 3
  • Annual Operating Expense: 1
  • Total Actual Rent: 1700

Tax Info

  • Tax Annual Amount: 2165

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2011
Sold by
Deweese Michael
Bought by
Anderson John S
Current Estimated Value
$333,615

Purchase Details

Closed on
Oct 31, 2007
Sold by
Morton and Darlene
Bought by
Sam Anderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,814
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2007
Sold by
Morton Properties Llc
Bought by
Morton and Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.65%

Purchase Details

Closed on
Nov 2, 2004
Sold by
Edward Morton
Bought by
Morton Properties

Purchase Details

Closed on
Sep 9, 2003
Sold by
Lousie Jernigan Mary
Bought by
Darlene Morton Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,630
Interest Rate
6.13%

Purchase Details

Closed on
Nov 29, 1995
Sold by
Lee Ronny K
Bought by
Louise Jernigan Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson John S -- --
Sam Anderson $110,000 --
Morton -- --
Morton Properties -- --
Darlene Morton Frances $107,800 --
Louise Jernigan Mary $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louise Jernigan Mary $101,814
Previous Owner Louise Jernigan Mary $97,000
Previous Owner Louise Jernigan Mary $91,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $259,000 0.0% $143 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $259,000 -- $143 / 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 $3,576 $126,400 $30,000 $96,400
2024 $3,576 $126,400 $30,000 $96,400
2023 $1,724 $91,880 $30,000 $61,880
2022 $1,485 $103,720 $30,000 $73,720
2021 $1,370 $61,720 $17,000 $44,720
2020 $1,370 $61,720 $17,000 $44,720
2019 $1,370 $61,720 $17,000 $44,720
2018 $1,882 $61,720 $0 $0
2017 $1,705 $43,880 $0 $0
2016 $1,705 $43,880 $0 $0
2015 $1,705 $43,880 $0 $0
2014 $1,091 $43,880 $0 $0
2013 -- $40,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2225897

Realtracs

APN: 091L-P-020.00-000