NOT LISTED FOR SALE

615 E Court St Dyersburg, TN 38024

Estimated Value: $195,264

-- Bed
1 Bath
2,514 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $155,000 $62 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,108/month

9 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Property has 1 Level
  • Northview Middle School Rated A-
  • Central Heating

About This Home

As of March 2024

Great investment property. This property generates $2,250 per month. Well over the 1% rule. Don't let this investment slip you by! Please do not disturb tenants.

Last Agent to Sell the Property

Bryan Jones

Dyad Real Estate and Property Management Brokerage Phone: 6158795364 License #343857 Listed on: 02/09/2024

Last Buyer's Agent

Amanda Cotton

Anew Real Estate Consultants License #326703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1954

Lot Details

  • 6,621

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 2,514 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Schools

  • Dyersburg Primary Elementary School
  • Dyersburg Middle School
  • Dyersburg High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,250
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 099F B 02200 000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $450
  • Gross Income $2,250
  • Net Operating Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1954
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6158795364
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 2514
  • Building Area Units: Square Feet
  • Living Area: 2514
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

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: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: COMM
  • Lot Size: 55 X 120 IRR
  • Lot Size Units: Acres
  • Parcel #: 099F B 02200 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 2250
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1800
  • Number Of Units Total: 3
  • Annual Operating Expense: 450
  • Total Actual Rent: 2250

Tax Info

  • Tax Annual Amount: 691

MLS Schools

  • Elementary School: Dyersburg Primary
  • High School: Dyersburg High School
  • Middle Or Junior School: Dyersburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 27, 2024
Sold by
West Tennessee Pmc Llc
Bought by
Hall Nkeesia Tiffany and Hall Brian
Seller's Agent
Bryan Jones
Dyad Real Estate and Property Management
Buyer's Agent
Amanda Cotton
Anew Real Estate Consultants
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Views
13
Current Estimated Value
$195,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,264
Avg. Annual Appreciation
-2.04%
Original Mortgage
$110,625
Outstanding Balance
$109,451
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$41,293

Purchase Details

Closed on
Aug 6, 2021
Sold by
Fisher John David
Bought by
West Tennessee Pmc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2014
Sold by
Tidwell Janene R
Bought by
Barker David

Purchase Details

Closed on
Jan 7, 1999
Sold by
Tidwell Joe F
Bought by
Phillips Jery and Phillips Amy

Purchase Details

Closed on
Apr 2, 1987
Bought by
Tidwell Joe F and Tidwell Janene R

Purchase Details

Closed on
Apr 17, 1986

Purchase Details

Closed on
Apr 4, 1985
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
Hall Nkeesia Tiffany $147,500 Rudy Title
West Tennessee Pmc Llc $185,000 Dyer Land Title Company Inc
Barker David $25,000 --
Phillips Jery $36,277 --
Tidwell Joe F $26,000 --
-- $11,700 --
-- $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Nkeesia Tiffany $110,625
Previous Owner West Tennessee Pmc Llc $148,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $155,000 -3.1% $62 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $160,000 -- $64 / 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 $355 $14,425 $3,425 $11,000
2023 $704 $14,425 $3,425 $11,000
2022 $691 $14,425 $3,425 $11,000
2021 $691 $14,425 $3,425 $11,000
2020 $684 $14,425 $3,425 $11,000
2019 $664 $12,775 $3,425 $9,350
2018 $641 $12,775 $3,425 $9,350
2017 $1,025 $12,775 $3,425 $9,350
2016 $1,025 $20,440 $5,480 $14,960
2015 $995 $20,440 $5,480 $14,960
2014 $968 $20,440 $5,480 $14,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2618098

Realtracs

APN: 099F-B-022.00