NOT LISTED FOR SALE

532 Raleigh Dr Nashville, TN 37076

Estimated Value: $304,000 - $420,048

4 Beds
2 Baths
2,331 Sq Ft
$157/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $350,000 $150 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,265/month

6 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Carpet

About This Home

As of January 2024

This charming move-in ready Duplex is a perfect rental opportunity! Perfect rental location 15 minutes from downtown Nashville and within 10 minutes to Percy Priest and Old hickory lakes. Remodeled bathrooms and all new windows. Side A is 2 bedroom 1 bathroom and Side B is 4 bedroom 2 bath. INVESTORS: so much room for rental rate increase.. has so much additional value.

Last Agent to Sell the Property

Ashley Walker

eXp Realty Brokerage Phone: 6158668673 License #349904 Listed on: 12/17/2023

eXp Realty

Co-Listed By

Micah Walker

eXp Realty Brokerage Phone: 6158668673 License #366537

Last Buyer's Agent

Midhat Girgis

BluePrint Realtors License # 357897

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 80 x 200

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • Dupont Elementary School
  • Dupont Hadley Middle School
  • Mcgavock Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 07504017800

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sunset Park Subdivision

Building Details

  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6158668673
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Above Grade Finished Sq Ft: 2331
  • Building Area Units: Square Feet
  • Living Area: 2331
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • 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: Concrete
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Multi
  • Lot Size: 80 X 200
  • Lot Size Units: Acres
  • Parcel #: 07504017800
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 21600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800

Tax Info

  • Tax Annual Amount: 3260

MLS Schools

  • Elementary School: Dupont Elementary
  • High School: McGavock Comp High School
  • Middle Or Junior School: DuPont Hadley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Jan 12, 2024
Sold by
Smith William Delmar and Prince Bonnie J
Bought by
Gebraeil Raafat and Mosa Soma
Seller's Agent
Ashley Walker
eXp Realty
Buyer's Agent
Midhat Girgis
BluePrint Realtors
List Price
$350,000
Sold Price
$350,000
Views
146
Current Estimated Value
$365,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,762
Avg. Annual Appreciation
0.05%
Original Mortgage
$262,500
Outstanding Balance
$259,105
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$91,177

Purchase Details

Closed on
Dec 15, 2021
Sold by
Smith Mattie Pearl
Bought by
Smith William D and Smith Bomie J
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
Gebraeil Raafat $350,000 Birthright Title
Smith William D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebraeil Raafat $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $350,000 0.0% $150 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/17/2023 12/17/23 For Sale $350,000 -- $150 / 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 $3,260 $111,560 $24,000 $87,560
2023 $3,260 $111,560 $24,000 $87,560
2022 $3,260 $111,560 $24,000 $87,560
2021 $3,294 $111,560 $24,000 $87,560
2020 $2,350 $62,040 $10,000 $52,040
2019 $1,709 $62,040 $10,000 $52,040
2018 $1,709 $62,040 $10,000 $52,040
2017 $1,709 $62,040 $10,000 $52,040
2016 $1,989 $50,680 $8,800 $41,880
2015 $1,989 $50,680 $8,800 $41,880
2014 $1,989 $50,680 $8,800 $41,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2602425

Realtracs

APN: 075-04-0-178