NOT LISTED FOR SALE
8 Beds
4 Baths
3,900 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: February 8, 2023

Last sale price $385,000 $99 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of February 2023

INVESTMENT OPPORTUNITY: All brick, 4-plex within walking distance to Tennessee Tech University!

Last Agent to Sell the Property

Hali Howard

The Real Estate Collective - Sparta License #356550 Listed on: 12/30/2022

Last Buyer's Agent

Alma Mendez

The Real Estate Collective - Cookeville License #356808

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1986

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74 x 102.5

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

  • Sycamore Elementary School
  • Avery Trace Middle School
  • Cookeville High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,625
  • Assessor Parcel Number 040G D 01002 000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Woodland Acres Phase I Subdivision

Building Details

  • Operating Expense $475
  • Gross Income $2,625
  • Net Operating Income $2,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,830

Year Built

Built in 1986

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Inclusions: NOFUR
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 3900
  • Building Area Units: Square Feet
  • Living Area: 3900
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.17
  • Lot Size: 74 X 102.5
  • Lot Size Units: Acres
  • Parcel #: 040G D 01002 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 2625
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2150
  • Number Of Units Total: 4
  • Annual Operating Expense: 475
  • Total Actual Rent: 2625

Tax Info

  • Tax Annual Amount: 2830

MLS Schools

  • Elementary School: Sycamore Elementary
  • High School: Cookeville High School
  • Middle Or Junior School: Avery Trace Middle School

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
Dec 30, 2022
Closed on
Feb 8, 2023
Sold by
Bought by
Seller's Agent
Hali Howard
The Real Estate Collective - Sparta
Buyer's Agent
Alma Mendez
The Real Estate Collective - Cookeville
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$235,102
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 8, 2021
Sold by
Bought by
Seller's Agent
Wanda Maynord
Highlands Elite Real Estate
Buyer's Agent
NONMLS NONMLS
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.93%
Original Mortgage
$216,750
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 29, 2014
Sold by
Bought by
Seller's Agent
Natalie Stout
The Realty Firm
Buyer's Agent
Natalie Stout
The Realty Firm
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$143,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2005
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
$27,500
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2005
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
$13,145
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cookeville, TN

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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
$385,000 Pointer Title
$255,000 Pointer Title
$314,000 --
-- --
$330,000 --
$131,450 --
-- --
$100,000 --
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 $245,000
Previous Owner $216,750
Previous Owner $143,000
Previous Owner $27,500
Previous Owner $13,145
Previous Owner $105,160
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 Prior Sale
02/08/2023 02/08/23 Sold $385,000 -3.8% $99 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/30/2022 12/30/22 For Sale $400,000 +56.9% $103 / Sq Ft
03/08/2021 03/08/21 Sold $255,000 -11.8% $65 / Sq Ft View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $289,000 +84.1% $74 / Sq Ft
08/01/2014 08/01/14 Sold $157,000 0.0% $40 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $157,000 -- --
Source: Realtracs

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 -- $85,960 $8,000 $77,960
2024 -- $85,960 $8,000 $77,960
2023 $3,078 $85,960 $8,000 $77,960
2022 $2,830 $85,960 $8,000 $77,960
2021 $2,606 $79,160 $8,000 $71,160
2020 $2,669 $79,160 $8,000 $71,160
2019 $2,646 $67,560 $5,600 $61,960
2018 $2,412 $67,560 $5,600 $61,960
2017 $2,412 $67,560 $5,600 $61,960
2016 $2,412 $67,560 $5,600 $61,960
2015 $2,503 $67,560 $5,600 $61,960
2014 $2,562 $69,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC2471448

Realtracs
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