NOT LISTED FOR SALE

Estimated Value: $702,000 - $770,000

7 Beds
3 Baths
2,436 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $759,900 $312 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,567/month

4 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 4-minute walk to Shelby Walk Park
  • No HOA
  • Heat Pump System

About This Home

As of December 2023

RARE Rent rolling/turn-key triplex investment in beautiful, historic East Nashville. Property is a half a mile walk to many retail, restaurant and nightlife attractions, further bolstering the marketability. Many upgrades (both cosmetic and mechanical) over the years to ensure maximum return on your investment. Please do not visit the property or disturb tenants.

Last Agent to Sell the Property

Wil Shults

C & S Residential Brokerage Phone: 6156048239 License #335375 Listed on: 10/30/2023

Co-Listed By

Kyle Shults

C & S Residential Brokerage Phone: 6156048239 License #324350

Last Buyer's Agent

Nathaniel Seeley

Forward Realty Group License #326356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 137

Home Design

  • Property Attached

Interior Spaces

  • Property has 3 Levels

Flooring

  • Wood
  • Concrete
  • Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Kipp Academy Nashville Elementary School
  • Stratford Stem Magnet School Lower Campus Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $5,650
  • Assessor Parcel Number 09401028400

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Shelby Hills Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $67,800
  • Net Operating Income $67,799

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,681

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Inclusions: APPLN
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Triplex
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 6156048239
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Flooring: Concrete, Finished Wood, Tile
  • Above Grade Finished Sq Ft: 1624
  • Below Grade Sq Ft: 812
  • Building Area Units: Square Feet
  • Living Area: 2436
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Share

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: OV-UZO
  • Lot Size: 50 X 137
  • Lot Size Units: Acres
  • Parcel #: 09401028400
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 67800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 67799
  • Number Of Units Total: 3
  • Annual Operating Expense: 1
  • Total Actual Rent: 5650

Tax Info

  • Tax Annual Amount: 6681

MLS Schools

  • Elementary School: KIPP Academy Nashville
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Stratford STEM Magnet School Lower Campus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 22, 2023
Sold by
Ryan Christopher A
Bought by
Cox Evan Lee
Seller's Agent
Wil Shults
C & S Residential
Buyer's Agent
Nathaniel Seeley
Forward Realty Group
List Price
$749,900
Sold Price
$759,900
Premium/Discount to List
$10,000
1.33%
Views
39
Current Estimated Value
$737,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,514
Avg. Annual Appreciation
-4.60%
Original Mortgage
$569,925
Outstanding Balance
$563,295
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$138,515

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 9, 2022
Sold by
Fleisher Daniel
Bought by
Ryan Christopher A
Seller's Agent
Nathan Weinberg
MW Real Estate Co.
Buyer's Agent
Wil Shults
C & S Residential
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%
Original Mortgage
$465,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2013
Sold by
Donelson John
Bought by
D222 Llc

Purchase Details

Closed on
Jun 17, 2011
Sold by
Jones Larry D
Bought by
Fleisher Daniel

Purchase Details

Closed on
May 29, 2009
Sold by
Federal National Mortgage Association
Bought by
Jones Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2008
Sold by
Holder Allie L
Bought by
Federal National Mortgage Association
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
Cox Evan Lee $759,900 None Listed On Document
Ryan Christopher A $620,000 --
D222 Llc $80,000 Wagon Wheel Title
Fleisher Daniel $67,000 Parthenon Title Agency
Jones Larry D $55,000 Bicentennial Title & Escrow
Federal National Mortgage Association $176,667 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Evan Lee $569,925
Previous Owner Ryan Christopher A $465,000
Previous Owner Fleisher Daniel $80,000
Previous Owner Jones Larry D $53,000
Previous Owner Swindle Barbara M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $759,900 +1.3% $312 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $749,900 +21.0% $308 / Sq Ft
12/09/2022 12/09/22 Sold $620,000 -4.6% $215 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $650,000 0.0% $226 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $650,000 -- $226 / 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 $6,681 $205,320 $72,000 $133,320
2023 $6,681 $205,320 $72,000 $133,320
2022 $6,681 $205,320 $72,000 $133,320
2021 $6,751 $205,320 $72,000 $133,320
2020 $5,497 $130,240 $56,000 $74,240
2019 $4,109 $130,240 $56,000 $74,240
2018 $4,109 $130,240 $56,000 $74,240
2017 $4,109 $130,240 $56,000 $74,240
2016 $3,905 $86,480 $10,000 $76,480
2015 $3,905 $86,480 $10,000 $76,480
2014 $3,905 $86,480 $10,000 $76,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2586367

Realtracs

APN: 094-01-0-284