NOT LISTED FOR SALE

462 4th Ave N Lewisburg, TN 37091

Estimated Value: $150,815 - $276,000

5 Beds
3 Baths
2,900 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $37,000 $13 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $1,287/month

Highlights

  • Cooling Available
  • Central Heating
  • Vinyl Flooring
  • Oak Grove Elementary School Rated A

About This Home

As of October 2017

Looking for a great income producing investment property? This Duplex features a 2 BR 1 Bath and a 3 BR 2 Bath. The 3BR side does need to be completed, has been gutted. 2 BR side has been completely renovated and is currently rented.

Last Agent to Sell the Property

Jason Terry

Impact Realty License #319625 Listed on: 08/29/2016

Last Buyer's Agent

Natasha Yokley

Reliant Realty ERA Powered License #306017

Reliant Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $280

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 108x160

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Vinyl

Schools

  • Marshall Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $400
  • Assessor Parcel Number 059064I B 04400 000064I

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $1,000
  • Net Operating Income $999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$280

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Inclusions: OTHER
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Above Grade Finished Sq Ft: 2900
  • Building Area Units: Square Feet
  • Living Area: 2900
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Commercial
  • Lot Size: 108X160
  • Lot Size Units: Acres
  • Parcel #: 059064I B 04400 000064I
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 999
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 400

Tax Info

  • Tax Annual Amount: 280

MLS Schools

  • Elementary School: Marshall Elementary
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Larkin Travis D
Bought by
Premchand Nireshwalia Sujatha
Current Estimated Value
$211,204

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 6, 2017
Sold by
Perryman Investments Llc
Bought by
Larkin Travis D
Seller's Agent
Jason Terry
Impact Realty
Buyer's Agent
Natasha Yokley
Reliant Realty ERA Powered
List Price
$1,200,000
Sold Price
$37,000
Premium/Discount to List
-$1,163,000
-96.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.27%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Bank Of Frankewing
Bought by
Perryman Investments Llc

Purchase Details

Closed on
Mar 19, 2012
Sold by
Love Gary Wayne
Bought by
Bank Of Frankewing

Purchase Details

Closed on
Jun 11, 2008
Bought by
Love Gary Wayne and Love Elizabeth Clair

Purchase Details

Closed on
Jan 11, 2008
Bought by
Bank Of Frankewing

Purchase Details

Closed on
Nov 7, 2001
Sold by
Donald Humphrey
Bought by
Smith Patrick E and Smith Annette
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
Premchand Nireshwalia Sujatha -- None Listed On Document
Larkin Travis D $34,500 --
Perryman Investments Llc $135,000 --
Bank Of Frankewing $675,000 --
Love Gary Wayne $1,100,000 --
Bank Of Frankewing $400,000 --
Smith Patrick E $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $1,200,000 +3143.2% $414 / Sq Ft
10/11/2017 10/11/17 Sold $37,000 -- $13 / 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 -- $52,560 $4,000 $48,560
2023 $1,631 $52,560 $4,000 $48,560
2022 $1,631 $52,560 $4,000 $48,560
2021 $284 $6,100 $1,250 $4,850
2020 $284 $6,100 $1,250 $4,850
2019 $275 $6,100 $1,250 $4,850
2018 $271 $6,100 $1,250 $4,850
2017 $469 $6,100 $1,250 $4,850
2016 $307 $6,000 $3,400 $2,600
2015 $280 $6,000 $3,400 $2,600
2014 $504 $10,800 $3,400 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1760766

Realtracs

APN: 064I-B-044.00