NOT LISTED FOR SALE

Estimated Value: $579,412 - $816,000

3 Beds
3 Baths
1,120 Sq Ft
$635/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $515,000 $460 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,025/month

23 Days on Market

Highlights

  • 0.45 Acre Lot
  • Cooling Available
  • 3-minute walk to Del Rio Park
  • Poplar Grove K-4 Rated A
  • Central Heating

About This Home

As of November 2020

Duplex for Sale. Do not disturb tenants. Attached residential lot for sale: MLS: 2192316. Located at 204 Mathew Place. Ready to build a single family home. All offers subject to inspection. All brick duplex in the heart of Franklin. Required closing date after November 15th, 2020.

Last Agent to Sell the Property

Tom Lochbihler

Loch Company Brokerage Phone: 6157905099 License # 225497 Listed on: 09/22/2020

Last Buyer's Agent

Kevin Pellatiro

Benchmark Realty, LLC License # 298423

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1983

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 82 x 120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 2 Levels
  • Laminate Flooring

Schools

  • Johnson Elementary School
  • Freedom Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,724
  • Assessor Parcel Number 094063J B 01300 00009063J

Community Details

Overview

  • 2 Units
  • Magnolia Place Subdivision

Building Details

  • Operating Expense $6,150
  • Gross Income $32,688
  • Net Operating Income $26,538

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,853

Year Built

Built in 1983

Lot Details

0.45 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Inclusions: NOFUR
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1120
  • Building Area Units: Square Feet
  • Living Area: 1120
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: RES
  • Lot Size Acres: 0.45
  • Lot Size: 82 X 120
  • Lot Size Units: Acres
  • Parcel #: 094063J B 01300 00009063J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 32688
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 26538
  • Number Of Units Total: 2
  • Annual Operating Expense: 6150
  • Total Actual Rent: 2724

Tax Info

  • Tax Annual Amount: 3853

MLS Schools

  • Elementary School: Johnson Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Freedom Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Pellatiro Kevin A and Pellatiro Shannon L
Bought by
Pellatiro Trust
Current Estimated Value
$710,804

Purchase Details

Closed on
Nov 8, 2019
Sold by
Jws Magnolia Llc
Bought by
Bery Poonam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2006
Sold by
Sanders John W
Bought by
Jws Magnolia Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Gardner Carl A
Bought by
Sanders John W and Sanders Gp

Purchase Details

Closed on
Apr 8, 2005
Sold by
Gardner Marilyn A
Bought by
Cumberland Trust & Investment Co and The Carl P Gardner Family Trust
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
Pellatiro Trust -- None Listed On Document
Pellatiro Trust -- None Listed On Document
Bery Poonam $350,000 Wagon Wheel Title
Jws Magnolia Llc -- None Available
Sanders John W $273,000 None Available
Cumberland Trust & Investment Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bery Poonam $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $515,000 -20.8% $460 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $650,000 -- $580 / Sq Ft
Source: Realtracs

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 $4,358 $233,400 $84,000 $149,400
2024 $4,358 $153,920 $36,000 $117,920
2023 $4,188 $153,920 $36,000 $117,920
2022 $4,188 $153,920 $36,000 $117,920
2021 $4,188 $153,920 $36,000 $117,920
2020 $3,450 $106,920 $26,000 $80,920
2019 $3,450 $106,920 $26,000 $80,920
2018 $3,375 $106,920 $26,000 $80,920
2017 $3,322 $106,920 $26,000 $80,920
2016 $0 $106,920 $26,000 $80,920
2015 -- $53,760 $22,000 $31,760
2014 -- $53,760 $22,000 $31,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2191670

Realtracs

APN: 063J-B-013.00

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