NOT LISTED FOR SALE

510 E 8th St Columbia, TN 38401

Estimated Value: $161,621

2 Beds
2 Baths
1,154 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $28,500 $25 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $1,019/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wood Siding
  • Property has 1 Level
  • Floor Furnace

About This Home

As of August 2015

Great investment! Home has been renovated. Great cash flow potential. Each side has rented for $350. Live in one side,rent the other to make your payment. Nice patios and covered porch. Storage building in the large backyard.

Last Agent to Sell the Property

Phillip Drone

Keller Williams Realty Nashville/Franklin Brokerage Phone: 6159573920 License # 303610 Listed on: 07/27/2015

Keller Williams Realty Nashville/Franklin

Last Buyer's Agent

Ryan Richardson

David Jent Realty & Auction License # 253612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 57x225

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,154 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • R Howell Elementary School
  • E. A. Cox Middle School
  • Spring Hill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $700
  • Assessor Parcel Number 099H B 00400 000

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $700
  • Net Operating Income $699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$121

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6159573920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Above Grade Finished Sq Ft: 1154
  • Building Area Units: Square Feet
  • Living Area: 1154
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Furnace
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Comm
  • Lot Size: 57X225
  • Lot Size Units: Acres
  • Parcel #: 099H B 00400 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 700
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 699
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 700

Tax Info

  • Tax Annual Amount: 121

MLS Schools

  • Elementary School: R Howell Elementary
  • High School: Spring Hill High School
  • Middle Or Junior School: E. A. Cox Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 28, 2015
Sold by
Sparkman James L
Bought by
Beard Johnny W and Beard Misty D
Seller's Agent
Phillip Drone
Keller Williams Realty Nashville/Franklin
Buyer's Agent
Ryan Richardson
David Jent Realty & Auction
List Price
$202,899
Sold Price
$28,500
Premium/Discount to List
-$174,399
-85.95%
Current Estimated Value
$161,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,121
Original Mortgage
$48,825
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2013
Sold by
Drone Phillip S and Drone Jeanne V
Bought by
Sparkman James L

Purchase Details

Closed on
Jan 12, 2005
Sold by
Jmj Enterprises Inc
Bought by
Drone Phillip S and Drone Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Ogilvie William C and Ogilvie Harry Wayne
Bought by
Jmj Enterprises Inc

Purchase Details

Closed on
Jun 6, 1978
Bought by
Akin Harry M and Annie Mae
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
Beard Johnny W $28,500 Foundation Title & Escrow
Sparkman James L $15,000 Foundation Title & Escrow Se
Drone Phillip S $27,000 Maury Co Title
Jmj Enterprises Inc $13,000 --
Akin Harry M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Beard Johnny W $48,825
Previous Owner Drone Phillip S $21,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $202,899 +611.9% $176 / Sq Ft
08/28/2015 08/28/15 Sold $28,500 -- $25 / 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
2022 $1,078 $39,440 $5,200 $34,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1656035

Realtracs

APN: 099H-B-004.00