NOT LISTED FOR SALE

431 Mcclary Rd Smyrna, TN 37167

Estimated Value: $552,000 - $557,000

8 Beds
4 Baths
3,970 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $185,000 $47 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $3,348/month

Highlights

  • Cooling Available
  • Wood Siding
  • Carpet
  • Central Heating

About This Home

As of July 2013

Great investor opportunity! Four-plex currently has three units rented. At this price, it should cash flow for you easily. Please don't disturb the tenants. Vacant unit available for showings.

Last Agent to Sell the Property

Joe Hafner

Hafner Real Estate Brokerage Phone: 6155855550 License # 279124 Listed on: 07/12/2013

Last Buyer's Agent

Joann Pucciarelli

Benchmark Realty, LLC License # 251536

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 1981

Lot Details

  • 1

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,970 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Schools

  • Smyrna Elementary School
  • Smyrna Middle School
  • Smyrna High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,350
  • Assessor Parcel Number 027N D 01300 R0014314

Community Details

Overview

  • 4 Units
  • Enon Spgs 2 Sec 2 Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $28,200
  • Net Operating Income $28,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,297

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Inclusions: NEGOT
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6155855550
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 3970
  • Building Area Units: Square Feet
  • Living Area: 3970
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 8
  • Parking Features: Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: R-6
  • Lot Size Units: Acres
  • Parcel #: 027N D 01300 R0014314
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 28200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 28199
  • Number Of Units Total: 4
  • Annual Operating Expense: 1
  • Total Actual Rent: 2350

Tax Info

  • Tax Annual Amount: 3297

MLS Schools

  • Elementary School: Smyrna Elementary
  • High School: Smyrna High School
  • Middle Or Junior School: Smyrna Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Peyton Properties Llc
Bought by
New Ventures Homes Llc
Current Estimated Value
$554,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jul 13, 2013
Sold by
Discala Ciro
Bought by
Peyton Properties Llc
Seller's Agent
Joe Hafner
Hafner Real Estate
Buyer's Agent
Joann Pucciarelli
Benchmark Realty, LLC
List Price
$89,900
Sold Price
$185,000
Premium/Discount to List
$95,100
105.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2006
Sold by
Prb
Bought by
Discala Ciro G and Discala Annette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,400
Interest Rate
6.36%
Mortgage Type
Commercial
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
New Ventures Homes Llc $430,000 Rudy Title And Escrow Llc
Peyton Properties Llc $185,000 --
Discala Ciro G $251,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Ventures Homes Llc $688,000
Previous Owner Peyton Properties Llc $159,600
Previous Owner Discala Ciro G $251,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Off Market $185,000 -- --
11/09/2015 11/09/15 For Sale $89,900 -51.4% $23 / Sq Ft
07/15/2013 07/15/13 Sold $185,000 -- $47 / 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 $4,198 $174,760 $23,560 $151,200
2024 $4,198 $174,760 $23,560 $151,200
2023 $4,198 $174,760 $23,560 $151,200
2022 $3,743 $174,760 $23,560 $151,200
2021 $2,771 $94,880 $23,560 $71,320
2020 $2,770 $94,840 $23,520 $71,320
2019 $2,770 $94,840 $23,520 $71,320
2018 $2,656 $94,840 $0 $0
2017 $2,652 $74,400 $0 $0
2016 $2,652 $74,400 $0 $0
2015 $2,652 $74,400 $0 $0
2014 $1,850 $74,400 $0 $0
2013 -- $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1467977

Realtracs

APN: 027N-D-013.00-000