NOT LISTED FOR SALE

520 E Washington St Pulaski, TN 38478

Estimated Value: $146,878 - $238,000

Studio
2 Baths
1,720 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $142,000 $83 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,191/month

6 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Property has 1 Level
  • No HOA
  • Heating Available

About This Home

As of July 2021

Great timing as UT comes to Martin Methodist! Turn-key triplex with recent renovations! $1,400/month income, 10% cap rate. 2 out of 3 units currently rented with new 12 month leases. 3rd unit renovation to be completed and rented with 12 month lease prior to closing. (2) (518 A/B) 1 BR/1BA units and (1) (520) efficiency/tiny house. PLEASE DO NOT DISTURB TENANTS. New windows, flooring, fresh paint, ready to go!

Last Agent to Sell the Property

Dan Terry

Benchmark Realty, LLC License # 335618 Listed on: 05/21/2021

Benchmark Realty, LLC

Last Buyer's Agent

Connie Kondrat

Synergy Realty Network, LLC License #325759

Synergy Realty Network, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • Pulaski Elementary
  • Giles Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number 097A B 01100 000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Jones Add Subdivision

Building Details

  • Operating Expense $150
  • Gross Income $1,400
  • Net Operating Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$872

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 1720
  • Building Area Units: Square Feet
  • Living Area: 1720
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Aluminum 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: 4
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Share
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.27
  • Lot Size Units: Acres
  • Parcel #: 097A B 01100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 1400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1250
  • Number Of Units Total: 3
  • Annual Operating Expense: 150
  • Total Actual Rent: 1400

Tax Info

  • Tax Annual Amount: 872

MLS Schools

  • Elementary School: Pulaski Elementary
  • High School: Giles Co High School
  • Middle Or Junior School: Pulaski Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 7, 2021
Sold by
Terry Daniel C and Terry Traci A
Bought by
Level Up Realty Llc
Seller's Agent
Dan Terry
Benchmark Realty, LLC
Buyer's Agent
Connie Kondrat
Synergy Realty Network, LLC
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%
Current Estimated Value
$201,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,470
Avg. Annual Appreciation
8.08%
Original Mortgage
$99,400
Outstanding Balance
$82,808
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,662

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 1, 2019
Sold by
Hamby Joey and Hamby Linda
Bought by
Terry Daniel C and Terry Traci A
Seller's Agent
Bob White
Bob White Realty
Buyer's Agent
Dan Terry
Benchmark Realty, LLC
List Price
$49,000
Sold Price
$35,000
Premium/Discount to List
-$14,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.13%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Colley Glen
Bought by
Hamby Joey and Hamby Linda

Purchase Details

Closed on
Jun 20, 1986
Bought by
Colley Glen and Hamby Joey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Level Up Realty Llc $142,000 Rudy Title And Escrow Llc
Terry Daniel C $35,000 None Available
Hamby Joey $2,000 --
Colley Glen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Level Up Realty Llc $99,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2021 07/07/21 Sold $142,000 +1.4% $83 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $140,000 +300.0% $81 / Sq Ft
07/11/2019 07/11/19 Sold $35,000 -28.6% $20 / Sq Ft View Prior Sale
06/21/2019 06/21/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $49,000 -- $28 / 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
2025 $1,661 $60,920 $0 $0
2024 $1,467 $60,920 $2,720 $58,200
2023 $1,467 $60,920 $2,720 $58,200
2022 $1,189 $49,400 $2,720 $46,680
2021 $873 $25,760 $2,720 $23,040
2020 $873 $25,760 $2,720 $23,040
2019 $579 $20,480 $2,720 $17,760
2018 $694 $20,480 $2,720 $17,760
2017 $694 $20,480 $2,720 $17,760
2016 $790 $22,320 $2,600 $19,720
2015 $746 $22,320 $2,600 $19,720
2014 $745 $22,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2255986

Realtracs

APN: 097A-B-011.00