$400,000
SOLD OCT 9, 2024
-- Bed
-- Bath
3,955 Sq Ft
0.29 Acres

Recently Sold

$101 Per Sq Ft

27% Below List Price

19 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2024

Prime location in the highly sought-after Brookside Courts area, a short distance from Hillwood Estates and a convenient 3 minute drive to Target, Trader Joes, restaurants and retail. This home offers a great renovation opportunity with ample space for a single-family or multigenerational home, a multi-unit rental, or a potential new build. This property was previously operated as a triplex with three separate units (all with own entry). The upstairs and downstairs are on separate meters. The upstairs unit is approximately 2,500 SF with 4 bedrooms and 2 baths, while the downstairs features two studio units, each with its own entrance and a single-car garage. A new roof was put on the home in August 2024. Additional repairs are needed to the home including some foundation repairs. The property is being sold "AS-IS."

Last Agent to Sell the Property

Courtney McCracken

Coldwell Banker Southern Realty Brokerage Phone: 2707922230 License #366203 Listed on: 09/09/2024

Coldwell Banker Southern Realty

Last Buyer's Agent

Bahrom Omer

Keller Williams Realty Nashville/Franklin License # 354354

Keller Williams Realty Nashville/Franklin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,135

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 78 x 193

Parking

  • 1 Car Attached Garage

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Fire and Smoke Detector

Flooring

  • Wood
  • Laminate
  • Tile

Schools

  • Gower Elementary School
  • H. G. Hill Middle School
  • James Lawson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $4,400
  • Assessor Parcel Number 10310008100

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Brookside Courts Subdivision

Building Details

  • Operating Expense $11,711
  • Gross Income $50,756
  • Net Operating Income $39,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,135

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1954
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 2707922230
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Tile
  • Above Grade Finished Sq Ft: 2490
  • Below Grade Sq Ft: 1465
  • Building Area Units: Square Feet
  • Living Area: 3955
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Aluminum Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS 10
  • Lot Size: 78 X 193
  • Lot Size Units: Acres
  • Parcel #: 10310008100
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 50756
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 39045
  • Number Of Units Total: 3
  • Annual Operating Expense: 11711
  • Total Actual Rent: 4400

Tax Info

  • Tax Annual Amount: 9135

MLS Schools

  • Elementary School: Gower Elementary
  • High School: James Lawson High School
  • Middle Or Junior School: H. G. Hill Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 9, 2024
Sold by
S C Knight Llc
Bought by
Stonegate Acquisitions Llc and Ck Flips 615 Llc
Seller's Agent
Courtney McCracken
Coldwell Banker Southern Realty
Buyer's Agent
Bahrom Omer
Keller Williams Realty Nashville/Franklin
List Price
$549,000
Sold Price
$400,000
Premium/Discount to List
-$149,000
-27.14%
Views
14
Current Estimated Value
$557,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,667
Avg. Annual Appreciation
60.44%
Original Mortgage
$1,660,000
Outstanding Balance
$1,650,607
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$1,055,607

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 26, 2021
Sold by
Brown Billy and Prather Jeffrey
Bought by
S C Knight Llc
Seller's Agent
Jeff Ley
Arrow Property Management
Buyer's Agent
Frances Garner
Wilson Group Real Estate
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.06%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Prather Jeffrey and Adams Madison
Bought by
Brown Billy and Prather Jeffrey

Purchase Details

Closed on
Jan 5, 2018
Sold by
Brown Billy and Prather Jeffry
Bought by
Brown Billy and Prather Jeffry

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 28, 2017
Sold by
Buonanno Bernardino and Buonanno Annette
Bought by
Brown Billy and Prather Jeffrey
Seller's Agent
Susanne Flynn
Flynn Realty
Buyer's Agent
NONMLS NONMLS
List Price
$219,000
Sold Price
$515,000
Premium/Discount to List
$296,000
135.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$475,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

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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 $400,000 Momentum Title
Warranty Deed $600,000 Rudy Title And Escrow Llc
Interfamily Deed Transfer -- Rudy Title & Escrow Llc
Interfamily Deed Transfer -- Rudy Title & Escrow Llc
Warranty Deed $515,000 Birdgehouse Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,660,000 New Conventional
Previous Owner $475,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $400,000 0.0% $101 / Sq Ft
10/09/2024 10/09/24 Sold $400,000 -20.0% $101 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/28/2024 09/28/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $500,000 0.0% $126 / Sq Ft
09/24/2024 09/24/24 Price Changed $500,000 -8.9% $126 / Sq Ft
09/09/2024 09/09/24 For Sale $549,000 0.0% $139 / Sq Ft
09/09/2024 09/09/24 For Sale $549,000 -8.5% $139 / Sq Ft
04/26/2021 04/26/21 Sold $600,000 0.0% $152 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $599,900 0.0% $152 / Sq Ft
07/20/2020 07/20/20 Rented -- -- --
07/06/2020 07/06/20 Under Contract -- -- --
05/27/2020 05/27/20 For Rent -- -- --
02/11/2020 02/11/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $199,900 -4.4% $50 / Sq Ft
01/24/2020 01/24/20 Price Changed $209,000 -4.6% $53 / Sq Ft
12/09/2019 12/09/19 For Sale $219,000 -57.5% $55 / Sq Ft
09/09/2017 09/09/17 Sold $515,000 -- $129 / 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 $8,916 $274,000 $50,000 $224,000
2023 $9,135 $280,720 $50,000 $230,720
2022 $7,308 $280,720 $50,000 $230,720
2021 $9,230 $280,720 $50,000 $230,720
2020 $8,302 $196,680 $34,000 $162,680
2019 $6,205 $196,680 $34,000 $162,680
2018 $6,205 $196,680 $34,000 $162,680
2017 $6,205 $196,680 $34,000 $162,680
2016 $5,168 $114,440 $26,000 $88,440
2015 $5,168 $114,440 $26,000 $88,440
2014 $5,168 $114,440 $26,000 $88,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2701621

Realtracs

APN: 103-10-0-081