$80,000
SOLD MAY 9, 2025

533 Preston St Jackson, TN 38301

-- Bed
-- Bath
2,331 Sq Ft
82 Acres

Recently Sold

$34 Per Sq Ft

11% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 1-Story Property

About This Home

As of May 2025

Investment Opportunity - 2 Single Family HOMES for SALE. One Single Family home has 3 bedrooms and 1 full bathroom with a living room and open kitchen area with laundry connections. The other single family home is a 1 bedroom, 1 full bathroom with kitchen and living room. Each have separate drive ways located on same lot / parcel. Great Multi Family Opportunity for investment. Call today for more information. The 1/1 single family home located on the back of the lot is occupied and the tenants rent is $750( Sec 8 Voucher)- The 3/1 home should rent for $900 minimum.

Last Agent to Sell the Property

Kristen Londe

Town and Country License #329613 Listed on: 02/25/2025

Last Buyer's Agent

Kim Holt

Town and Country License #357531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1925

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Pull Down Stairs to Attic

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Additional Features

  • Corner Lot
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $750
  • Tenant pays for all utilities, electricity, gas, hot water, water
  • Assessor Parcel Number 078F E 012.00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,196

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Co List Office Phone: 731-668-7000
  • MLS Status: Closed
  • Subdivision Name: None
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 1196.05
  • Location Tax and Legal Parcel Number2: 078F E 012.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 56 X 231 IRR M COR
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information:Stories Total: 1
  • Attic Features Pull-Down Stairs: Yes
  • Levels:One: Yes
  • Flooring:Hardwood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Water Source:Public: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 4.0
  • Utilities:Natural Gas Connected: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Number Of Buildings2: 2.0
  • Unit Details Number Of Units Leased: 1
  • Unit Details Number Of Units Vacant: 1
  • Meter Information Number Of Separate Electric Meters: 2
  • Meter Information Number Of Separate Gas Meters: 2
  • Meter Information Number Of Separate Water Meters: 2
  • Unit Details Number Of Units Month To Month: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Open
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 4.0
  • Parking Features:Open: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 078F E 012.00
  • Lot Dimensions: 56 X 231 IRR M COR
  • Zoning Description: Residential

Rental Info

  • Owner Pays: None

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 1
  • Number of Month to Month Units: 1
  • Number Of Units Vacant: 1
  • Tenant Pays: All Utilities, Electricity, Gas, Hot Water, Water
  • Total Actual Rent: 750.0

Tax Info

  • Tax Annual Amount: 1196.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 6, 2025
Sold by
Lund Smith Hunter
Bought by
Prime Consulting Inc
Seller's Agent
Kristen Londe
Town and Country
Buyer's Agent
Kim Holt
Town and Country
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Views
18
Current Estimated Value
$85,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,861
Avg. Annual Appreciation
21.00%
Original Mortgage
$153,000
Outstanding Balance
$153,000
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
-$67,480

Purchase Details

Listed on
Aug 1, 2022
Closed on
Dec 1, 2022
Sold by
Johnson Properties
Bought by
Smith Hunter Lund
Seller's Agent
Debby Dorris
RE/MAX Realty Source
Buyer's Agent
Charlotte Vaughn
Cornerstone Realty and Property Management
List Price
$71,500
Sold Price
$20,500
Premium/Discount to List
-$51,000
-71.33%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.72%

Purchase Details

Closed on
Mar 29, 1995
Bought by
Johnson Properties

Purchase Details

Closed on
Mar 1, 1963
Bought by
Hammonds Hammonds W and Hammonds Ethylee B
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 Type Sale Price Title Company
Warranty Deed $80,000 None Listed On Document
Warranty Deed $80,000 None Listed On Document
Warranty Deed $41,000 --
Warranty Deed $20,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 Construction
Closed $153,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $80,000 -11.0% $34 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $89,900 +338.5% $39 / Sq Ft
12/02/2022 12/02/22 Sold $20,500 -34.9% $13 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $31,500 -48.8% $21 / Sq Ft
08/19/2022 08/19/22 Price Changed $61,500 -14.0% $40 / Sq Ft
08/01/2022 08/01/22 For Sale $71,500 -- $47 / 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 $643 $34,320 $3,400 $30,920
2022 $1,196 $34,320 $3,400 $30,920
2021 $930 $21,560 $3,040 $18,520
2020 $930 $21,560 $3,040 $18,520
2019 $930 $21,560 $3,040 $18,520
2018 $930 $21,560 $3,040 $18,520
2017 $882 $20,000 $3,040 $16,960
2016 $334 $20,000 $3,040 $16,960
2015 $334 $8,125 $950 $7,175
2014 $334 $8,125 $950 $7,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2500747

Central West Tennessee Association of REALTORS®

APN: 078F-E-012.00