$245,000
SOLD APR 30, 2025

50 Marlow Dr Jackson, TN 38305

-- Bed
-- Bath
2,212 Sq Ft
8,930 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

2 Days on Market

Highlights

  • Cul-De-Sac
  • Luxury Vinyl Tile Flooring
  • 1-Story Property
  • Porch
  • Central Heating and Cooling System

About This Home

As of April 2025

This well-maintained, turn key renovated, single-level duplex offers tremendous potential, with three bedrooms and one full bath per unit. Set on a slab foundation at the end of a cul-de-sac, this property boasts an open kitchen, living room and a laundry area. Private backyard located in North Jackson close to all the conveniences of shopping, medical, schools and Interstate 40. Don't miss out on this exceptional investment opportunity to grow or start your portfolio!

Last Agent to Sell the Property

Kristen Londe

Town and Country License #329613 Listed on: 03/18/2025

Last Buyer's Agent

Kristen Londe

Town and Country License #329613 Listed on: 03/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1974

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Electric Range

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway
  • 4 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Porch
  • Cul-De-Sac

Listing and Financial Details

  • Total Actual Rent $2,225
  • Tenant pays for all utilities
  • Assessor Parcel Number 044E D 005.06

Community Details

Overview

  • 3 Units
  • Willow Oaks Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Electric Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac
  • Road Frontage Type: City Street
  • Co List Office Phone: 731-668-7000
  • MLS Status: Closed
  • Subdivision Name: Willow Oaks
  • Architectural Style: Ranch
  • Unit Levels: One
  • Financial Info Electric: Circuit Breakers
  • Location Tax and Legal:Tax Annual Amount: 1225.33
  • Location Tax and Legal Parcel Number2: 044E D 005.06
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 78.54x112.85 IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Currently Not Used Cooling YN: Yes
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Water Source:Public: Yes
  • Currently Not Used Heating YN: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Ranch: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 4.0
  • Electric:Circuit Breakers: Yes
  • Utilities:Natural Gas Connected: Yes
  • General Property Information Home Warranty YN: No
  • Laundry Features Laundry Closet: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Number Of Buildings2: 1.0
  • Unit Details Number Of Units Leased: 2
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Meter Information Number Of Separate Water Meters: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Basement YN: No
  • Flooring: Luxury Vinyl
  • ResoLivingAreaSource: Assessor
  • Appliances:Electric Range: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Brick: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Concrete, Driveway, Open
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 4.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Open: Yes
  • Parking Features:Asphalt2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • HeatingYN: Yes
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel Number: 044E D 005.06
  • Lot Dimensions: 78.54x112.85 IRR

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 2
  • Tenant Pays: All Utilities
  • Total Actual Rent: 2225.0

Tax Info

  • Tax Annual Amount: 1225.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 30, 2025
Sold by
Forged Investments Llc
Bought by
Lone Oak Holdings Llc
Seller's Agent
Kristen Londe
Town and Country
Buyer's Agent
Kristen Londe
Town and Country
List Price
$245,000
Sold Price
$245,000
Views
7
Current Estimated Value
$333,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,171
Avg. Annual Appreciation
57.15%
Original Mortgage
$760,000
Outstanding Balance
$683,793
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$350,622

Purchase Details

Closed on
Feb 17, 2023
Sold by
Mundt Paul A and Mundt Billie E
Bought by
Forged Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,609,642
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2021
Sold by
Gator Investment Co Llc
Bought by
Mundt Paul A

Purchase Details

Closed on
Dec 21, 2016
Sold by
Bem Corp Of Jackson Tn
Bought by
Gator Investment Company Llc

Purchase Details

Closed on
Dec 16, 2016
Sold by
Bem Corp Of Jackson Tn
Bought by
Bem Corp Of Jackson Tn

Purchase Details

Closed on
Dec 14, 2016
Sold by
Bem Corp Of Jackson Tn
Bought by
Bem Corp Of Jackson Tn

Purchase Details

Closed on
Dec 12, 2016
Sold by
Bem Corp Of Jackson
Bought by
Bem Corp Of Jackson Tn

Purchase Details

Closed on
Jun 20, 1983
Bought by
Mundt Paul A

Purchase Details

Closed on
May 8, 1975
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Authority Title And Escrow
Warranty Deed $712,053 --
Quit Claim Deed -- None Listed On Document
Warranty Deed $163,700 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 New Conventional
Previous Owner $1,609,642 Construction
Closed $142,411 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $245,000 0.0% $111 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $245,000 -- $111 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $659 $35,160 $3,000 $32,160
2024 $659 $35,160 $3,000 $32,160
2022 $1,226 $35,160 $3,000 $32,160
2021 $1,163 $26,960 $3,000 $23,960
2020 $1,163 $26,960 $3,000 $23,960
2019 $1,163 $26,960 $3,000 $23,960
2018 $1,163 $26,960 $3,000 $23,960
2017 $1,161 $26,320 $3,000 $23,320
2016 $1,082 $26,320 $3,000 $23,320
2015 $1,082 $26,320 $3,000 $23,320
2014 $1,153 $28,040 $3,000 $25,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2501091

Central West Tennessee Association of REALTORS®

APN: 044E-D-005.06