NOT LISTED FOR SALE

702 Herb Dr Lawrenceburg, TN 38464

Estimated Value: $201,376 - $272,000

-- Bed
3 Baths
2,071 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $110,000 $53 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,397/month

Highlights

  • Cooling Available
  • Central Heating
  • Property has 1 Level
  • Lawrenceburg Public Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of February 2018

Outstanding duplex with a very convenient location in town. Each side has 2 bedrooms, 1 bath, kitchen, and living room. Both sides are tenant occupied. Side A was updated in 2016 and comes with storage shed.

Last Agent to Sell the Property

Colton Smith

Listed on: 12/18/2017

Last Buyer's Agent

Colton Smith

Listed on: 12/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1984

Lot Details

  • 0.46

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,071 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Vinyl

Schools

  • Ingram Sowell Elementary School
  • E O Coffman Middle School
  • Lawrence Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,025
  • Assessor Parcel Number 050077P A 01800 000077P

Community Details

Overview

  • 2 Units
  • Woodlawn Sect I Subdivision

Building Details

  • Operating Expense $2,329
  • Gross Income $12,300
  • Net Operating Income $9,971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Above Grade Finished Sq Ft: 2071
  • Building Area Units: Square Feet
  • Living Area: 2071
  • 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: Sewer Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: res
  • Lot Size: PLAT CABINET A SLIDE 45
  • Lot Size Units: Acres
  • Parcel #: 050077P A 01800 000077P
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 12300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 9971
  • Number Of Units Total: 2
  • Annual Operating Expense: 2329
  • Total Actual Rent: 1025

Tax Info

  • Tax Annual Amount: 1572

MLS Schools

  • Elementary School: Ingram Sowell Elementary
  • High School: Lawrence Co High School
  • Middle Or Junior School: E O Coffman Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Quillen Connie
Bought by
Quillen Connie and The Quillen Income Only Trust
Current Estimated Value
$238,594

Purchase Details

Closed on
Mar 12, 2021
Sold by
Barksdale Tanner and Barksdale Lauren
Bought by
Smith Zackary and Smith Sara

Purchase Details

Listed on
Dec 18, 2017
Closed on
Feb 9, 2018
Sold by
Smith Kenneth W and Smith Kimberly D
Bought by
Barksdale Tanner and Barksdale Lauren
Seller's Agent
Colton Smith
Buyer's Agent
Colton Smith
List Price
$543,300
Sold Price
$110,000
Premium/Discount to List
-$433,300
-79.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$112,414
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2012
Bought by
Smith Kenneth W Kimberly D

Purchase Details

Closed on
Jul 18, 2011
Sold by
Staggs Mary Louisa
Bought by
Smith Kenneth W and Smith Kimberly Dianne

Purchase Details

Closed on
Apr 4, 2007
Sold by
Clarence Kerstiens
Bought by
Louisa Staggs Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.1%

Purchase Details

Closed on
May 7, 1982
Bought by
Kerstiens Clarence and Kerstiens Melanie

Purchase Details

Closed on
Nov 23, 1976
Bought by
Magee Magee L and Magee Nancy
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
Quillen Connie -- None Available
Smith Zackary $135,000 None Available
Barksdale Tanner $110,000 None Available
Smith Kenneth W Kimberly D -- --
Mccann Russell J -- --
Smith Kenneth W $78,000 --
Louisa Staggs Mary $108,000 --
Kerstiens Clarence -- --
Magee Magee L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barksdale Tanner $112,414
Previous Owner Magee Magee L $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $543,300 +393.9% $262 / Sq Ft
02/09/2018 02/09/18 Sold $110,000 -- $53 / 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 $1,697 $54,600 $0 $0
2024 $1,697 $54,600 $7,000 $47,600
2023 $1,697 $54,600 $7,000 $47,600
2022 $1,697 $54,600 $7,000 $47,600
2021 $1,806 $41,080 $3,600 $37,480
2020 $1,806 $41,080 $3,600 $37,480
2019 $1,806 $41,080 $3,600 $37,480
2018 $1,806 $41,080 $3,600 $37,480
2017 $1,572 $35,760 $3,600 $32,160
2016 $1,572 $35,760 $3,600 $32,160
2015 $1,488 $35,760 $3,600 $32,160
2014 $1,527 $36,680 $3,600 $33,080
Source: Public Records

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Map

Source: Realtracs

MLS Number: 1888616

Realtracs

APN: 077P-A-018.00