NOT LISTED FOR SALE

Estimated Value: $562,000 - $699,000

4 Beds
3 Baths
1,718 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 02, 2013

Last sale price $225,000 $131 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $3,822/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 3-minute walk to Shelby Walk Park
  • Tile Flooring

About This Home

As of November 2013

Enjoy the cash flow from this rare triplex sitting on a hill in one of the most rapidly appreciating parts of East Nashville near 5 points! Low maintinance with w/d hookups in each unit. Oversized lot with ample off street parking.

Last Agent to Sell the Property

Daniel fell

The Realty Association Brokerage Phone: 6154914881 License #293566 Listed on: 08/27/2013

The Realty Association

Last Buyer's Agent

Angela O Neill

Benchmark Realty, LLC License #318220

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 75 x 161

Home Design

  • Property Attached
  • Frame Construction

Interior Spaces

  • 1,718 Sq Ft Home
  • Property has 2 Levels
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Kipp Kirkpatrick Elementary School
  • Bailey Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $2,050
  • The owner pays for water
  • Assessor Parcel Number 09401008600

Community Details

Overview

  • 3 Units
  • Payne Blakemore & Cummings Subdivision

Building Details

  • Operating Expense $150
  • Gross Income $2,050
  • Net Operating Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,372

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: NEGOT
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154914881
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1718
  • Building Area Units: Square Feet
  • Living Area: 1718
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame
  • 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: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: R8
  • Lot Size: 75 X 161
  • Lot Size Units: Acres
  • Parcel #: 09401008600
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 2050
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1900
  • Number Of Units Total: 3
  • Annual Operating Expense: 150
  • Total Actual Rent: 2050

Tax Info

  • Tax Annual Amount: 1372

MLS Schools

  • Elementary School: Kipp Kirkpatrick
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Bailey Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Oct 31, 2013
Sold by
Richards Ronald H
Bought by
Schalmo Gary H
Seller's Agent
Daniel fell
The Realty Association
Buyer's Agent
Angela O Neill
Benchmark Realty, LLC
List Price
$42,000
Sold Price
$225,000
Premium/Discount to List
$183,000
435.71%
Current Estimated Value
$625,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,430
Avg. Annual Appreciation
8.06%
Original Mortgage
$168,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Benedict Clara M
Bought by
Richards Ronald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.26%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Schalmo Gary H $225,000 Wagon Wheel Title
Richards Ronald H $75,000 1St Trust Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schalmo Gary H $252,000
Closed Schalmo Gary H $168,750
Previous Owner Richards Ronald H $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $42,000 -81.3% $24 / Sq Ft
11/02/2013 11/02/13 Sold $225,000 -- $131 / 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 $4,963 $152,520 $82,800 $69,720
2023 $4,963 $152,520 $82,800 $69,720
2022 $4,963 $152,520 $82,800 $69,720
2021 $5,015 $152,520 $82,800 $69,720
2020 $4,395 $104,120 $64,000 $40,120
2019 $3,285 $104,120 $64,000 $40,120
2018 $3,285 $104,120 $64,000 $40,120
2017 $3,285 $104,120 $64,000 $40,120
2016 $1,740 $38,520 $12,000 $26,520
2015 $1,740 $38,520 $12,000 $26,520
2014 $1,740 $38,520 $12,000 $26,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1480082

Realtracs

APN: 094-01-0-086