NOT LISTED FOR SALE

46 Modena Place Decherd, TN 37324

Estimated Value: $197,058 - $214,000

4 Beds
2 Baths
1,596 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $219,500 $138 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,363/month

32 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Vinyl Flooring

About This Home

As of April 2024

ATTENTION INVESTORS! ONLINE ONLY AUCTION! 5 HOUSES AND 4 DUPLEXES IN FRANKLIN & COFFEE COUNTY! BID NOW ONLINE ONLY UNTIL TUES., MARCH 5TH @ 10AM. Preview/Inspection: Sunday, March 3rd 3-5pm. Property #7: 46/48 Modena Pl, Decherd, TN 37324. This duplex is conveniently located just down the road from the Franklin County Industrial Park and the Nissan Decherd Powertrain Plant. Each unit has 2 bedrooms, 1 bathroom, living room, eat in kitchen, LVP flooring, central HVAC, city water, sewer, and natural gas available. 46 Modena Pl is currently rented on a month to month lease agreement and 48 Modena Pl is on a week to week lease agreement.

Last Agent to Sell the Property

Thomas Ore

Winton Auction & Realty Co. Brokerage Phone: 9316364421 License # 330537 Listed on: 02/02/2024

Co-Listed By

Pelatiah Prince

Winton Auction & Realty Co. Brokerage Phone: 9316364421 License #355728

Last Buyer's Agent

Thomas Ore

Winton Auction & Realty Co. Brokerage Phone: 9316364421 License # 330537 Listed on: 02/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 2008

Lot Details

  • 7,928

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,596 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Decherd Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,400
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 066G A 03100 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Modena Est Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2008
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9316364421
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1596
  • Building Area Units: Square Feet
  • Living Area: 1596
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • 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
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R2
  • Lot Size Units: Acres
  • Parcel #: 066G A 03100 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2400

Tax Info

  • Tax Annual Amount: 1392

MLS Schools

  • Elementary School: Decherd Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Apr 29, 2024
Sold by
Merrell Jay and Merrell Mary Frances
Bought by
Lamb Melissa F
Seller's Agent
Thomas Ore
Winton Auction & Realty Co.
Buyer's Agent
Thomas Ore
Winton Auction & Realty Co.
List Price
$219,500
Sold Price
$219,500
Views
21
Current Estimated Value
$227,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,877
Avg. Annual Appreciation
1.37%
Original Mortgage
$166,938
Outstanding Balance
$163,196
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$60,204

Purchase Details

Closed on
Mar 10, 2017
Sold by
Rigsby Clifton B
Bought by
Ore Realty Llc

Purchase Details

Closed on
Apr 5, 1999
Bought by
R & M Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Lamb Melissa F $219,500 Southern Tennessee Title
Ore Realty Llc $150,000 --
R & M Properties Llc $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Melissa F $166,938
Previous Owner Rigsby Clifton B $152,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $219,500 0.0% $138 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $219,500 -- $138 / 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
2024 $1,420 $55,200 $2,600 $52,600
2023 $1,420 $55,200 $2,600 $52,600
2022 $1,392 $55,200 $2,600 $52,600
2021 $918 $55,200 $2,600 $52,600
2020 $1,267 $35,840 $1,920 $33,920
2019 $1,267 $35,840 $1,920 $33,920
2018 $1,193 $35,840 $1,920 $33,920
2017 $1,193 $35,840 $1,920 $33,920
2016 $1,084 $32,560 $1,920 $30,640
2015 $1,064 $32,560 $1,920 $30,640
2014 $1,065 $32,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2615788

Realtracs

APN: 066G-A-031.00