NOT LISTED FOR SALE

608 Tulip Grove Rd Hermitage, TN 37076

Hermitage Neighborhood

Estimated Value: $331,000 - $390,000

4 Beds
2 Baths
1,650 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $290,000 $176 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,078/month

28 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of December 2021

Great investment opportunity in Hermitage! Market rents for duplexes in Hermitage are around $1,250 a month. What could you do with an additional $30,000 a year in revenue? Property needs some TLC to maximize rents. Both sides have had long term tenants who would prefer to stay.This is a fully leased duplex. Feel free to call with any questions. 615-415-3443

Last Agent to Sell the Property

Tucker Felts

eXp Realty Brokerage Phone: 6154153443 License # 361471 Listed on: 07/19/2021

eXp Realty

Last Buyer's Agent

Melad Hana

BluePrint Realtors License # 352884

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 68 x 140

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Tulip Grove Elementary School
  • Dupont Tyler Middle School
  • Mcgavock Comp High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number 07508025200

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tulip Grove Subdivision

Building Details

  • Operating Expense $4,200
  • Gross Income $22,800
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,006

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154153443
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1650
  • Building Area Units: Square Feet
  • Living Area: 1650
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.26
  • Lot Size: 68 X 140
  • Lot Size Units: Acres
  • Parcel #: 07508025200
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 22800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 18600
  • Number Of Units Total: 2
  • Annual Operating Expense: 4200
  • Total Actual Rent: 1900

Tax Info

  • Tax Annual Amount: 2006

MLS Schools

  • Elementary School: Tulip Grove Elementary
  • High School: McGavock Comp High School
  • Middle Or Junior School: DuPont Tyler Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 20, 2021
Sold by
Read Investments Llc
Bought by
Hana Melad
Seller's Agent
Tucker Felts
eXp Realty
Buyer's Agent
Melad Hana
BluePrint Realtors
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$352,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,164
Avg. Annual Appreciation
5.17%
Original Mortgage
$217,500
Outstanding Balance
$200,043
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$152,121

Purchase Details

Closed on
Sep 11, 2020
Sold by
Dunklau Henry J
Bought by
Read Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 11, 2019
Sold by
Smith Martha Jane
Bought by
Dunklau Henry J
Seller's Agent
Robert Beck
Beck & Beck, Inc.
Buyer's Agent
Carol Plemons
EXIT Real Estate Experts East
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$172,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hana Melad $290,000 Tennessee Nations Ttl Agcy I
Read Investments Llc -- Bridgehouse Title
Dunklau Henry J $230,000 Keystone Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hana Melad $217,500
Previous Owner Read Investments Llc $174,000
Previous Owner Dunklau Henry J $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $290,000 -10.8% $176 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $325,000 +41.3% $197 / Sq Ft
12/12/2019 12/12/19 Sold $230,000 -4.2% $139 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $240,000 -- $145 / 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 $2,771 $94,840 $24,000 $70,840
2023 $2,771 $94,840 $24,000 $70,840
2022 $2,771 $94,840 $24,000 $70,840
2021 $2,801 $94,840 $24,000 $70,840
2020 $2,006 $52,960 $10,000 $42,960
2019 $1,459 $52,960 $10,000 $42,960
2018 $1,459 $52,960 $10,000 $42,960
2017 $1,459 $52,960 $10,000 $42,960
2016 $1,854 $47,240 $8,800 $38,440
2015 $1,854 $47,240 $8,800 $38,440
2014 $1,854 $47,240 $8,800 $38,440
Source: Public Records

Agents Affiliated with this Home

  • Tucker Felts

    Seller's Agent in 2021

    Tucker Felts

    eXp Realty

    (615) 415-3443

    12 in this area

    59 Total Sales

    Tucker Felts
    Section Image

  • M

    Buyer's Agent in 2021

    Melad Hana

    BluePrint Realtors

    (615) 424-4310

    1 in this area

    10 Total Sales

    Melad Hana
    Section Image
  • Robert Beck

    Seller's Agent in 2019

    Robert Beck

    Beck & Beck, Inc.

    (615) 275-9110

    15 Total Sales

    Robert Beck
    Section Image
  • Carol Plemons

    Buyer's Agent in 2019

    Carol Plemons

    EXIT Real Estate Experts East

    (615) 426-6636

    2 in this area

    24 Total Sales

    Carol Plemons
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2273606

Realtracs

APN: 075-08-0-252

Tennessee Davidson County Hermitage 37076 Hermitage

608 Tulip Grove Rd, Hermitage, TN

This home is located at 608 Tulip Grove Rd, Hermitage, TN 37076 since 19 July 2021 and is currently estimated at $352,164, approximately $213 per square foot. This property was built in 1983. 608 Tulip Grove Rd is a home located in Davidson County with nearby schools including Tulip Grove Elementary School, DuPont Tyler Middle School, and McGavock High School.

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