NOT LISTED FOR SALE

516 Patriot Park Ct Clarksville, TN 37042

Estimated Value: $623,000 - $635,000

-- Bed
7 Baths
4,140 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $629,000 $152 Per Sq Ft

Current estimated payment $3,967/month

50 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Carpet
  • Cooling Available

About This Home

As of June 2024

Welcome to the quadplex built in 2009, offering an excellent opportunity for investors or owner-occupants. Each of the four units boasts 1036 square feet of modern living space, featuring 2 bedrooms and 1.5 bathrooms. One of the highlights of each unit is the large refinished deck, providing an ideal space for outdoor enjoyment and relaxation. Whether it's hosting a barbecue or simply soaking in the sunshine, residents will appreciate this private outdoor retreat. With each unit renting for $995.00 a month, this quadplex offers a lucrative investment opportunity. Located in close proximity to Fort Campbell Army Base, this property offers easy access to military personnel and their families, making it an attractive option for both tenants and homeowners.

Last Agent to Sell the Property

Nathan Endres

Keller Williams Realty Clarksville Brokerage Phone: 9312372145 License #286058, 282024 Listed on: 04/03/2024

Keller Williams Realty Clarksville

Last Buyer's Agent

Arezoo Delaram

Crye-Leike, Inc., REALTORS License #356837

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 111.38x148.02x108.91x148

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,140 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Schools

  • Ringgold Elementary School
  • Kenwood Middle School
  • Kenwood High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $4,040
  • Assessor Parcel Number 063019J C 01900 00003019J

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Patriot Park Subdivision

Building Details

  • Operating Expense $2,400
  • Gross Income $4,040
  • Net Operating Income $1,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,148

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2009
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9312372145
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 4140
  • Building Area Units: Square Feet
  • Living Area: 4140
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 8
  • Parking Features: Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-4
  • Lot Size: 111.38x148.02x108.91x148
  • Lot Size Units: Acres
  • Parcel #: 063019J C 01900 00003019J
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 4040
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1640
  • Number Of Units Total: 4
  • Annual Operating Expense: 2400
  • Total Actual Rent: 4040

Tax Info

  • Tax Annual Amount: 5148

MLS Schools

  • Elementary School: Ringgold Elementary
  • High School: Kenwood High School
  • Middle Or Junior School: Kenwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 20, 2024
Sold by
Isbell Investment Properties Llc
Bought by
Qaraee Khashayar Balooch and Eghterafi Najafabadi Mahsa
Seller's Agent
Nathan Endres
Keller Williams Realty Clarksville
Buyer's Agent
Arezoo Delaram
Crye-Leike, Inc., REALTORS
List Price
$649,500
Sold Price
$629,000
Premium/Discount to List
-$20,500
-3.16%
Views
80
Current Estimated Value
$628,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$704
Avg. Annual Appreciation
0.84%
Original Mortgage
$471,750
Outstanding Balance
$466,633
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$168,654

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 18, 2022
Sold by
John Teeter
Bought by
Isbell Investment Properties Llc
Seller's Agent
Cristen Bell
Compass RE dba Compass Clarksville
Buyer's Agent
Nathan Endres
Keller Williams Realty Clarksville
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$383,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2011
Closed on
Nov 9, 2012
Sold by
Burchett Edward C
Bought by
Teeter John
Seller's Agent
Joey Long
Coldwell Banker Conroy, Marable & Holleman
Buyer's Agent
Russell Harris
Reliant Realty ERA Powered
List Price
$284,900
Sold Price
$278,000
Premium/Discount to List
-$6,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$283,977
Interest Rate
3.43%
Mortgage Type
VA
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
Qaraee Khashayar Balooch $629,000 Freedom Title
Isbell Investment Properties Llc $590,000 Freedom Title Corp
Teeter John $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qaraee Khashayar Balooch $471,750
Previous Owner Isbell Investment Properties Llc $383,500
Previous Owner Teeter John $283,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $629,000 -3.2% $152 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/12/2024 05/12/24 For Sale $649,500 0.0% $157 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $649,500 +10.1% $157 / Sq Ft
04/01/2022 04/01/22 Sold $590,000 +2.6% $143 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $575,000 0.0% $139 / Sq Ft
09/30/2021 09/30/21 Rented -- -- --
09/27/2021 09/27/21 Under Contract -- -- --
09/24/2021 09/24/21 For Rent -- -- --
12/11/2020 12/11/20 Rented -- -- --
11/18/2020 11/18/20 Under Contract -- -- --
11/09/2020 11/09/20 For Rent -- -- --
05/26/2014 05/26/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $284,900 +2.5% $69 / Sq Ft
11/09/2012 11/09/12 Sold $278,000 -- $67 / 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 $6,522 $218,880 $0 $0
2023 $6,522 $121,800 $0 $0
2022 $5,140 $121,800 $0 $0
2021 $5,140 $121,800 $0 $0
2020 $4,896 $121,800 $0 $0
2019 $4,896 $121,800 $0 $0
2018 $4,695 $111,920 $0 $0
2017 $1,351 $108,920 $0 $0
2016 $3,344 $108,920 $0 $0
2015 $4,591 $108,920 $0 $0
2014 $4,529 $108,920 $0 $0
2013 $4,836 $110,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2638715

Realtracs

APN: 019J-C-019.00