NOT LISTED FOR SALE

506 N Highland Ave Jackson, TN 38301

Downtown Jackson Neighborhood

Estimated Value: $128,000 - $180,037

-- Bed
5 Baths
3,462 Sq Ft
$44/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $91,700 $26 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $901/month

15 Days on Market

About This Home

As of May 2018

INVESTORS!!! Here is your chance to buy a Quad near the up and coming downtown Jackson TN area. Great cashflow on this property. Call now before you miss out on this investment opportunity. Listing agent must accompany all showings.

Last Agent to Sell the Property

Tony Neihoff

RE/MAX Realty Source License #303762 Listed on: 04/26/2018

RE/MAX Realty Source

Last Buyer's Agent

Dessie Hardee

RE/MAX Realty Source License #328271

RE/MAX Realty Source

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Lot Details

  • 0.25 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Architectural Shingle Roof

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Lot Details

0

Listing Details

  • Age: 48
  • Class: MULTI-FAMILY
  • Type: Quad
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Stories: 2
  • Estimated Heated Sq Ft: 3462

Exterior Features

  • Public Road: Yes
  • Roof: Architectural
  • Water: Public
  • Water Type: Public

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Sewer: Public
  • Sewer Type: Public

Lot Info

  • Geo Update Timestamp: 4/27/2018 6:19:07 PM
  • Geo Address Line: 506 N Highland Ave
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: .25 acre
  • Map Number: 78H
  • Number Of Acres: 0.25
  • Parcel Number: 11

Rental Info

  • Utilities Paid By: All By Tenants

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 23, 2018
Sold by
506 North Highland Trust and Hoff Ben S F
Bought by
Windsor Investment Network Llc
Seller's Agent
Tony Neihoff
RE/MAX Realty Source
Buyer's Agent
Dessie Hardee
RE/MAX Realty Source
List Price
$109,900
Sold Price
$91,700
Premium/Discount to List
-$18,200
-16.56%
Current Estimated Value
$154,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,319
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Oct 25, 2016
Sold by
Hoff Ben S
Bought by
506 North Highland Trust

Purchase Details

Listed on
Apr 30, 2014
Closed on
Sep 30, 2014
Sold by
Federal National Mtg Associati
Bought by
Hoff Ben S
Seller's Agent
Nan Newman
Coldwell Banker Southern Realty
Buyer's Agent
Tony Neihoff
RE/MAX Realty Source
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Harvey Doretha H
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Nov 12, 2007
Sold by
Hopkins Pierce
Bought by
Timothy Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
6.22%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Louise Wilhite
Bought by
State Of Tennessee

Purchase Details

Closed on
Sep 25, 2001
Sold by
Union Planters Bank
Bought by
Etal Hopkins Jeff

Purchase Details

Closed on
Mar 6, 2001
Sold by
Sigler R Bradley Sub Tru
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Feb 24, 1995
Sold by
Simonton John T and Lea Jody
Bought by
John Fletcher

Purchase Details

Closed on
Feb 23, 1995
Bought by
Fletcher John M

Purchase Details

Closed on
Jun 2, 1993
Bought by
Simonton John T and Jody Lea

Purchase Details

Closed on
May 25, 1988
Bought by
Martin Dath and Travis Hunt

Purchase Details

Closed on
Jun 15, 1978
Bought by
Reed Kemp G
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
Windsor Investment Network Llc $91,700 None Available
506 North Highland Trust -- --
Coons Clint -- --
Hoff Ben S $50,000 --
Federal National Mtg Associati $114,439 --
Timothy Harvey $70,000 --
State Of Tennessee -- --
Etal Hopkins Jeff $5,500 --
Union Planters Bank Na $17,566 --
John Fletcher $30,000 --
Fletcher John M $26,000 --
Simonton John T -- --
Martin Dath -- --
Reed Kemp G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timothy Harvey $111,750
Previous Owner Timothy Harvey $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $91,700 -16.6% $26 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $109,900 +119.8% $32 / Sq Ft
10/14/2014 10/14/14 Sold $50,000 -37.4% $14 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $79,900 -- $23 / 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
2024 $746 $39,840 $2,480 $37,360
2022 $1,388 $39,840 $2,480 $37,360
2021 $1,573 $36,480 $2,480 $34,000
2020 $1,573 $36,480 $2,480 $34,000
2019 $1,573 $36,480 $2,480 $34,000
2018 $1,573 $36,480 $2,480 $34,000
2017 $1,480 $33,560 $2,480 $31,080
2016 $1,380 $33,560 $2,480 $31,080
2015 $1,380 $33,560 $2,480 $31,080
2014 $1,380 $33,560 $2,480 $31,080
Source: Public Records

Agents Affiliated with this Home

  • Tony Neihoff

    Seller's Agent in 2018

    Tony Neihoff

    RE/MAX

    (731) 298-1064

    5 in this area

    150 Total Sales

    Section Image
  • Dessie Hardee

    Buyer's Agent in 2018

    Dessie Hardee

    RE/MAX

    (731) 217-6358

    5 in this area

    199 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Natlon Montrel

    RE/MAX

  • Nan Newman

    Seller's Agent in 2014

    Nan Newman

    Coldwell Banker Southern Realty

    (731) 225-8516

    39 Total Sales

    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 182536

Central West Tennessee Association of REALTORS®

APN: 078H-M-011.00

Tennessee Madison County Jackson 38301 Downtown Jackson

506 N Highland Ave, Jackson, TN

This home is located at 506 N Highland Ave, Jackson, TN 38301 since 26 April 2018 and is currently estimated at $154,019, approximately $44 per square foot. 506 N Highland Ave is a home located in Madison County with nearby schools including Alexander Elementary School, North Parkway Middle School, and South Side High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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