NOT LISTED FOR SALE

523 & 527 Hutchens Rd Martin, TN 38237

Estimated Value: $183,000 - $256,000

10 Beds
5 Baths
3,984 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $270,000 $68 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,298/month

235 Days on Market

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2023

Investment opportunity outside of city limits in Martin! This well-maintained triplex and duplex offer 2 bedrooms, 1 bathroom in each unit, central heat and air, washer/dryer hookups, plenty of parking and provides an opportunity for income. Don't miss out and call us today!

Last Agent to Sell the Property

Samuel Freeman

Wendell Alexander Realty License #360146 Listed on: 09/15/2022

Last Buyer's Agent

Julia Crow

Sunrise Properties License #277402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 1992

Lot Details

  • 0.86

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,984 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space

Parking

  • 12 Parking Spaces
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4.00 & 5.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$812

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Age: 30
  • Class: MULTI-FAMILY
  • Group: A
  • Type: Duplex
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number Of Stories: 1
  • Estimated Heated Sq Ft: 3984
  • Floor Coverings: Carpet + Other

Exterior Features

  • Construction: Vinyl Siding
  • Foundation: Crawl Space
  • Public Road: Yes
  • Roof: Composition
  • Water: Public
  • Water Type: Public

Garage/Parking

  • Number Of Parking Spaces: 12
  • Parking Facility: Gravel

Utilities

  • Heating Type: Central Electric
  • Sewer: Public
  • Sewer Type: Septic

Lot Info

  • Geo Update Timestamp: 9/15/2022 6:32:28 PM
  • Geo Address Line: 527 Hutchens Rd
  • Geo Primary City: Martin
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 300x250
  • Map Number: 057M
  • Parcel Number: 4.00 & 5.00

Rental Info

  • Tot Gross Rent Per Month: 2250.00

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Tenney Brian James
Bought by
D & S Realty Llc
Current Estimated Value
$225,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Siler Jack C
Bought by
James Tenney Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,125
Interest Rate
6.27%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Johnny Pearson
Bought by
Jack Siler

Purchase Details

Closed on
Mar 20, 1992
Bought by
Pearson Johnny

Purchase Details

Closed on
Sep 21, 1991
Bought by
Devine Michael C
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
D & S Realty Llc $103,500 None Available
James Tenney Brian $99,000 --
Jack Siler $87,500 --
Pearson Johnny $78,000 --
Devine Michael C $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayborn Robert $216,000
Closed D & S Realty Llc $103,500
Previous Owner James Tenney Brian $73,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $270,000 -22.9% $68 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $350,000 -9.1% $88 / Sq Ft
02/03/2023 02/03/23 For Sale $385,000 0.0% $97 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
09/15/2022 09/15/22 For Sale $385,000 -- $97 / 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 $812 $59,280 $6,400 $52,880
2023 $812 $59,280 $6,400 $52,880
2022 $801 $40,600 $4,800 $35,800
2021 $801 $40,600 $4,800 $35,800
2020 $801 $40,600 $4,800 $35,800
2019 $801 $40,600 $4,800 $35,800
2018 $801 $40,600 $4,800 $35,800
2017 $863 $40,520 $4,000 $36,520
2016 $863 $40,520 $0 $0
2015 $863 $40,520 $0 $0
2014 $863 $40,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samuel Freeman

    Seller's Agent in 2023

    Samuel Freeman

    Wendell Alexander Realty

    (731) 514-6219

    84 Total Sales

    Samuel Freeman
    Section Image
  • Julia Crow

    Buyer's Agent in 2023

    Julia Crow

    Sunrise Properties

    (731) 267-3583

    119 Total Sales

    Julia Crow
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 224429

Central West Tennessee Association of REALTORS®

APN: 052M-A-004.00

Tennessee Weakley County Martin 38237

523 & 527 Hutchens Rd, Martin, TN

This home is located at 523 & 527 Hutchens Rd, Martin, TN 38237 since 15 September 2022 and is currently estimated at $225,652, approximately $56 per square foot. This property was built in 1992. 523 & 527 Hutchens Rd is a home located in Weakley County with nearby schools including Unity Christian 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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