NOT LISTED FOR SALE

482 N 4th Ave Lewisburg, TN 37091

Estimated Value: $176,711 - $238,000

-- Bed
2 Baths
2,407 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $155,000 $64 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,173/month

54 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Cooling Available
  • Oak Grove Elementary School Rated A
  • No HOA
  • Two Heating Systems

About This Home

As of March 2022

See list of upgrades made by current owner. Please wear a mask while inside the home. Great investment property. Residential living Zoned COMMERCIAL. Both sides leased to long term renters who pay on time. 3 year old metal roof. Current owner has made several improvements. Do not disturb current tenants. No Central heat and air.

Last Agent to Sell the Property

Michael O'Donnell

Royal Properties Realty Co. Inc. License # 314497 Listed on: 12/22/2021

Last Buyer's Agent

Jesse Smucker

Wildwood Management, LLC License #350354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot

Parking

  • 1 Car Garage
  • 6 Open Parking Spaces
  • 1 Carport Space

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,407 Sq Ft Home
  • Property has 1 Level
  • City Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Schools

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

Utilities

  • Cooling Available
  • Two Heating Systems
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,300
  • The owner pays for water
  • Assessor Parcel Number 064I B 04500 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Moss Subd Subdivision

Building Details

  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,429

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Tile, Vinyl
  • Above Grade Finished Sq Ft: 2407
  • Building Area Units: Square Feet
  • Living Area: 2407
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Metal
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 6
  • Parking Features: Detached, Attached
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Dual, Electric, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.6
  • Lot Size: 100X150 IRR
  • Lot Size Units: Acres
  • Parcel #: 064I B 04500 000
  • Property Attached Yn: No

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 15600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 15600
  • Number Of Units Total: 2
  • Total Actual Rent: 1300

Tax Info

  • Tax Annual Amount: 1429

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

Listed on
Dec 22, 2021
Closed on
Mar 10, 2022
Sold by
Mahale Properties Llc
Bought by
Ke Holdings Llc
Seller's Agent
Michael O'Donnell
Royal Properties Realty Co. Inc.
Buyer's Agent
Jesse Smucker
Wildwood Management, LLC
Sold Price
$155,000
Current Estimated Value
$192,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,701
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jan 4, 2021
Sold by
Citizens Realty Group Llc
Bought by
Mahale Properties Llc

Purchase Details

Closed on
Jan 3, 2017
Sold by
Burch Bruce E
Bought by
Citizens Realty Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2000
Sold by
Myhr Malinda H
Bought by
Bruce Burch

Purchase Details

Closed on
Apr 12, 1994
Sold by
Moore Beech Robert
Bought by
Beech Malinda H
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
Ke Holdings Llc -- Gateway Title Services
Mahale Properties Llc $100,000 American T&E Svc Llc
Citizens Realty Grp Llc $43,000 --
Bruce Burch $40,000 --
Beech Malinda H $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Citizens Realty Grp Llc $32,250
Previous Owner Citizens Realty Grp Llc $32,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $155,000 -3.1% $64 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/14/2022 02/14/22 For Sale -- -- --
01/31/2022 01/31/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $159,900 -- $66 / 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 -- $45,600 $7,480 $38,120
2023 $1,415 $45,600 $7,480 $38,120
2022 $1,415 $45,600 $7,480 $38,120
2021 $1,429 $30,720 $5,040 $25,680
2020 $1,429 $30,720 $5,040 $25,680
2019 $1,383 $30,720 $5,040 $25,680
2018 $1,367 $30,720 $5,040 $25,680
2017 $1,367 $30,720 $5,040 $25,680
2016 $1,336 $26,080 $4,800 $21,280
2015 $1,218 $26,080 $4,800 $21,280
2014 $1,218 $26,080 $4,800 $21,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2348788

Realtracs

APN: 064I-B-045.00