NOT LISTED FOR SALE

663 Lock 4 Rd Gallatin, TN 37066

Estimated Value: $279,000 - $409,481

7 Beds
4 Baths
2,491 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2014

Last sale price $101,000 $41 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,902 / mo

Highlights

  • Central Heating and Cooling System
  • Concrete Flooring
  • Property has 1 Level

About This Home

As of February 2014

ATTENTION INVESTORS!!! ALL UNITS ARE CURRENTLY LEASED. NEED 24 HOUR NOTICE FOR ALL SHOWINGS.

Last Agent to Sell the Property

Jackie Gaither

Cumberland Real Estate LLC Brokerage Phone: 6158046404 License #249400 Listed on: 09/03/2013

Co-Listed By

Kevin Gaines

Cumberland Real Estate LLC Brokerage Phone: 6158046404 License # 325129

Last Buyer's Agent

Eugene Ruse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1950

Lot Details

  • 0.69

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2,491 Sq Ft Home
  • Property has 1 Level

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Schools

  • Guild Elementary School
  • Rucker Stewart Middle School
  • Gallatin Senior High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,325
  • Assessor Parcel Number 126P E 03400 000

Community Details

Overview

  • 3 Units
  • Woodlawn Est No 1 Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,660

Year Built

Built in 1950

Lot Details

0.69 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Inclusions: OTHER
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: APROX
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Concrete, Vinyl
  • Total Bedrooms: 7
  • Above Grade Finished Sq Ft: 2491
  • Building Area Units: Square Feet
  • Living Area: 2491
  • 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, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: COMMERCIAL
  • Lot Size: 100 X 299.5 IRR
  • Lot Size Units: Acres
  • Parcel #: 126P E 03400 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3
  • Annual Operating Expense: 1
  • Total Actual Rent: 1325

Tax Info

  • Tax Annual Amount: 1660

MLS Schools

  • Elementary School: Guild Elementary
  • High School: Gallatin Senior High School
  • Middle Or Junior School: Rucker Stewart Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Feb 14, 2014
Sold by
Wood Deborah S
Bought by
Ruse Eugen
Seller's Agent
Jackie Gaither
Cumberland Real Estate LLC
Buyer's Agent
Eugene Ruse
List Price
$164,900
Sold Price
$101,000
Premium/Discount to List
-$63,900
-38.75%
Current Estimated Value
$325,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,160
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Jun 27, 2007
Sold by
Newby Joe and Newby Patricia
Bought by
Wood Carlton G and Wood Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,902
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1994
Sold by
Black Jerry L
Bought by
Joe Newby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruse Eugen $101,000 None Available
Wood Carlton G $113,000 None Available
Joe Newby $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Carlton G $112,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Off Market $101,000 -- --
02/24/2016 02/24/16 Price Changed $174,997 +3.0% $70 / Sq Ft
02/19/2016 02/19/16 Price Changed $169,900 +3.0% $68 / Sq Ft
01/22/2016 01/22/16 For Sale $164,900 +63.3% $66 / Sq Ft
02/14/2014 02/14/14 Sold $101,000 -- $41 / Sq Ft
Source: Realtracs

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 $2,139 $150,520 $40,000 $110,520
2023 $2,160 $70,800 $40,000 $30,800
2022 $2,167 $70,800 $40,000 $30,800
2021 $2,167 $70,800 $40,000 $30,800
2020 $2,167 $70,800 $40,000 $30,800
2019 $2,167 $0 $0 $0
2018 $1,411 $0 $0 $0
2017 $1,411 $0 $0 $0
2016 $1,011 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1480988

Realtracs

APN: 126P-E-034.00

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