NOT LISTED FOR SALE

706 S Locust Ave Lawrenceburg, TN 38464

Estimated Value: $203,495 - $297,000

4 Beds
2 Baths
2,119 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $87,000 $41 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,302/month

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Property has 1 Level
  • Lawrenceburg Public Elementary School Rated A-
  • 4 Car Garage

About This Home

As of August 2013

Smart Investment! Much Better than Your Average Duplex! Charming & Pristine Original & Beautiful Wood Floors, well-maintained. 2BR/1BA per Unit. Live in one side, Rent the other. $1,000 per month income.

Last Agent to Sell the Property

Anne Morrow

Coldwell Banker Southern Realty Brokerage Phone: 9312422643 License # 320450 Listed on: 06/12/2013

Coldwell Banker Southern Realty

Last Buyer's Agent

Anne Morrow

Coldwell Banker Southern Realty Brokerage Phone: 9312422643 License # 320450 Listed on: 06/12/2013

Coldwell Banker Southern Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1938

Lot Details

  • 0.28

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,119 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Lawrenceburg Public Elementary School
  • E O Coffman Middle School
  • Lawrence Co High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,000
  • Assessor Parcel Number 089F F 02800 000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $600
  • Gross Income $12,000
  • Net Operating Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$973

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1938
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 2119
  • Building Area Units: Square Feet
  • Living Area: 2119
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Utility Connection
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: res
  • Lot Size: 204MX137M
  • Lot Size Units: Acres
  • Parcel #: 089F F 02800 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 12000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 11400
  • Number Of Units Total: 2
  • Annual Operating Expense: 600
  • Total Actual Rent: 1000

Tax Info

  • Tax Annual Amount: 973

MLS Schools

  • Elementary School: Lawrenceburg Public
  • 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
Apr 17, 2015
Sold by
Beasley Scott
Bought by
Morgan David and Morgan Tony
Current Estimated Value
$247,374

Purchase Details

Listed on
Jun 12, 2013
Closed on
Aug 19, 2013
Sold by
Jones Ann Carolyn Brink
Bought by
Beasley Scott
Seller's Agent
Anne Morrow
Coldwell Banker Southern Realty
Buyer's Agent
Anne Morrow
Coldwell Banker Southern Realty
List Price
$125,000
Sold Price
$87,000
Premium/Discount to List
-$38,000
-30.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$73,950
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 1972
Bought by
Brink Virgilia H

Purchase Details

Closed on
Oct 3, 1945
Source: Public Records

Range of Values:

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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
Morgan David $99,000 --
Beasley Scott $87,000 --
Brink Virgilia H -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beasley Scott $73,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Off Market $87,000 -- --
10/01/2015 10/01/15 For Sale $125,000 +43.7% $59 / Sq Ft
08/19/2013 08/19/13 Sold $87,000 -- $41 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $1,572 $0 $0 $0
2020 $0 $0 $0 $0
2019 $1,572 $35,760 $4,800 $30,960
2018 $1,572 $35,760 $4,800 $30,960
2017 $1,572 $35,760 $4,800 $30,960
2016 $1,572 $35,760 $4,800 $30,960
2015 $1,488 $35,760 $4,800 $30,960
2014 -- $23,375 $3,000 $20,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1458931

Realtracs

APN: 089F-F-028.00