NOT LISTED FOR SALE

512 2nd Ave N Lewisburg, TN 37091

Estimated Value: $284,000 - $377,000

11 Beds
6 Baths
3,280 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $160,000 $49 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,116/month

Highlights

  • Wood Flooring
  • Oak Grove Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of July 2014

Extremely unique property! 3280 sq. ft. 5 bdrm 3 bath home. Stone exterior. Amazing landscaping and court yard. Could be divided into 2 rentals. Three additional rentals behind main house. All currently rented. Owner lives in stone home.Not rented.

Last Agent to Sell the Property

Lynn Stocstill

Keller Williams Russell Realty & Auction Brokerage Phone: 9316370846 License #221414 Listed on: 06/05/2014

Keller Williams Russell Realty & Auction

Last Buyer's Agent

Lynn Stocstill

Keller Williams Russell Realty & Auction Brokerage Phone: 9316370846 License #221414 Listed on: 06/05/2014

Keller Williams Russell Realty & Auction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1900

Lot Details

  • 0.35

Home Design

  • Stone Siding

Interior Spaces

  • 3,280 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

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

Utilities

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

Listing and Financial Details

  • Total Actual Rent $950
  • The owner pays for water
  • Assessor Parcel Number 064I C 02700 000

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $600
  • Gross Income $1,300
  • Net Operating Income $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,277

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Inclusions: NEGOT
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood
  • Total Bedrooms: 11
  • Above Grade Finished Sq Ft: 3280
  • Building Area Units: Square Feet
  • Living Area: 3280
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Stone
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Residentia
  • Lot Size: 94X163 IRR
  • Lot Size Units: Acres
  • Parcel #: 064I C 02700 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 1300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 700
  • Number Of Units Total: 5
  • Annual Operating Expense: 600
  • Total Actual Rent: 950

Tax Info

  • Tax Annual Amount: 2277

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

Closed on
Jan 28, 2021
Sold by
Head Donna Kay Everett
Bought by
Wisemen Investment Group Inc
Current Estimated Value
$343,516

Purchase Details

Closed on
Aug 31, 2015
Sold by
Stocstill Everett Ray
Bought by
Head Donna K Everett

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 18, 2014
Sold by
Caughran James Cowan Estate
Bought by
Stocstill Everett Ray and Stocstill Betty Lynn
Seller's Agent
Lynn Stocstill
Keller Williams Russell Realty & Auction
Buyer's Agent
Lynn Stocstill
Keller Williams Russell Realty & Auction
List Price
$719,999
Sold Price
$160,000
Premium/Discount to List
-$559,999
-77.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Whitehead Odie
Bought by
Whitehead James
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
Wisemen Investment Group Inc $250,000 Blueprint Title Tn
Wisemen Investment Group Inc $250,000 New Title Company Name
Head Donna K Everett $180,000 --
Stocstill Everett Ray $160,000 --
Whitehead James $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Off Market $160,000 -- --
02/14/2017 02/14/17 Price Changed $699,999 -1.4% $213 / Sq Ft
02/09/2017 02/09/17 Price Changed $709,999 -0.6% $216 / Sq Ft
01/26/2017 01/26/17 Price Changed $713,999 -0.1% $218 / Sq Ft
12/01/2016 12/01/16 Price Changed $714,999 -0.7% $218 / Sq Ft
10/14/2016 10/14/16 For Sale $719,999 +350.0% $220 / Sq Ft
07/18/2014 07/18/14 Sold $160,000 -- $49 / 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 -- $118,200 $6,640 $111,560
2023 $3,669 $118,200 $6,640 $111,560
2022 $3,669 $118,200 $6,640 $111,560
2021 $3,464 $74,480 $6,800 $67,680
2020 $3,464 $74,480 $6,800 $67,680
2019 $3,353 $74,480 $6,800 $67,680
2018 $3,316 $74,480 $6,800 $67,680
2017 $3,316 $74,480 $6,800 $67,680
2016 $3,451 $67,400 $6,000 $61,400
2015 $1,606 $34,400 $1,750 $32,650
2014 $1,606 $34,400 $1,750 $32,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1547849

Realtracs

APN: 064I-C-027.00