NOT LISTED FOR SALE

500 Poplar St Jasper, TN 37347

Estimated Value: $186,920 - $276,000

-- Bed
2 Baths
1,863 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $130,000 $70 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,299/month

9 Days on Market

Highlights

  • No HOA
  • Living Room
  • Garage
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of April 2020

Great Investment Opportunity!

Purchase this Duplex in this Nice Neighborhood, and live in one(1) Unit and have your Tenant pay the Mortgage for you. Rents are $160.00 per Unit, and paid Weekly. Gross Annual Income = $16,640 (Capitalization Rate = 10.08) Raise the Rents to 180.00 per week and lower the Cap rate to 8.68%). Tenant Occupied, 48 hour notice is required for showing. Call your Real Estate Agent now! and schedule a showing.

Last Agent to Sell the Property

Paul Langlois

Mountain Man Real Estate & Development PLLC License #330287 Listed on: 02/24/2020

Last Buyer's Agent

Paul Langlois

Mountain Man Real Estate & Development PLLC License #330287 Listed on: 02/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1966

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Stove

Parking

  • Garage
  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level

Schools

  • Jasper Elementary School
  • Jasper Middle School
  • Marion County High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 108l B 040.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,125

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Lot Size: 158MX96
  • Subdivision Name: None
  • Directions: From Main Street in Jasper, take Maple Avenue and go 0.3 Miles to West 4th Street and take a Left. Go 200' to Poplar Street and take a Right and go to 500 Poplar St on Right.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1863.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 108l B 040.00
  • Location Tax and Legal Elementary School: Jasper Elementary
  • Location Tax and Legal High School: Marion County High
  • Location Tax and Legal:Tax Annual Amount: 1124.51
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Dimensions: 158MX96
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Carport Spaces2: 2.0
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Jasper Middle
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Living Room4: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Jasper Elementary
  • High School: Marion County High
  • Middle Or Junior School: Jasper Middle

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 108l B 040.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15360.0

Tax Info

  • Tax Annual Amount: 1124.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2002
Sold by
Hickman R S R and Hickman Bonnie
Bought by
Stacy Hickman
Current Estimated Value
$232,307

Purchase Details

Closed on
Jan 2, 1900
Bought by
Hickman Spencer
Source: Public Records

Range of Values:

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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
Stacy Hickman -- --
Hickman Spencer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $130,000 -21.2% $70 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $165,000 -- $89 / Sq Ft
Source: Greater Chattanooga 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
2024 $410 $56,440 $9,160 $47,280
2023 $410 $56,440 $0 $0
2022 $1,199 $56,440 $9,160 $47,280
2021 $1,199 $56,440 $9,160 $47,280
2020 $1,386 $56,440 $9,160 $47,280
2019 $1,125 $53,640 $7,800 $45,840
2018 $1,125 $43,520 $7,800 $35,720
2017 $1,078 $41,720 $7,800 $33,920
2016 $1,072 $41,720 $0 $0
2015 $1,023 $41,720 $0 $0
2014 $1,023 $41,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1307152

Greater Chattanooga REALTORS®

APN: 108L-B-040.00