NOT LISTED FOR SALE

602 N Maney Ave Unit 604 Murfreesboro, TN 37130

Estimated Value: $391,000 - $496,000

5 Beds
4 Baths
2,274 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $325,000 $143 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,685/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Siegel Middle School Rated A-
  • Two Heating Systems
  • Property has 1 Level

About This Home

As of March 2021

Great Location downtown. 604A Maney front unit w/1 BR/1BA rents for $530, 602 is the unit on Jackson St. 2BR/1Ba rents for $900. 604B is on the back L. Corner 2BR/1BA currently vacant advertised for $975. Leases must be honored.. Sold "as is".

Last Agent to Sell the Property

Marsia Miller

Middle Tennessee Realty Group, Inc. Brokerage Phone: 6153941821 License #228670 Listed on: 01/11/2021

Last Buyer's Agent

Wendy Mills

Onward Real Estate License #330141

Onward Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot

Home Design

  • Triplex
  • Stucco Exterior Insulation and Finish Systems
  • Shingle Roof

Interior Spaces

  • 2,274 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Erma Siegel Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,405
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 091L D 02100 R0055735

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,225
  • Gross Income $28,860
  • Net Operating Income $21,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,661

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 2274
  • Building Area Units: Square Feet
  • Living Area: 2274
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Ext Insul. Coating System
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.3
  • Lot Size: 119 X 117 IRR
  • Lot Size Units: Acres
  • Parcel #: 091L D 02100 R0055735
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 28860
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 21635
  • Number Of Units Total: 3
  • Annual Operating Expense: 7225
  • Total Actual Rent: 2405

Tax Info

  • Tax Annual Amount: 2661

MLS Schools

  • Elementary School: Erma Siegel Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 5, 2021
Sold by
Boyd Cynthia D and Boyd Doyle A
Bought by
Lee Janet and Lee Brian
Seller's Agent
Marsia Miller
Middle Tennessee Realty Group, Inc.
Buyer's Agent
Wendy Mills
Onward Real Estate
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$455,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,522
Avg. Annual Appreciation
7.53%
Original Mortgage
$243,750
Outstanding Balance
$218,505
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$237,017
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
Lee Janet $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Janet $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $325,000 +1.6% $143 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $320,000 -- $141 / 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
2025 $3,608 $127,520 $20,000 $107,520
2024 $3,608 $127,520 $20,000 $107,520
2023 $2,393 $127,520 $20,000 $107,520
2022 $2,061 $127,520 $20,000 $107,520
2021 $1,683 $75,840 $13,000 $62,840
2020 $1,683 $75,840 $13,000 $62,840
2019 $1,683 $75,840 $13,000 $62,840
2018 $2,312 $75,840 $0 $0
2017 $1,862 $47,920 $0 $0
2016 $1,862 $47,920 $0 $0
2015 $1,862 $47,920 $0 $0
2014 $1,192 $47,920 $0 $0
2013 -- $41,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2219218

Realtracs

APN: 091L-D-021.00-000