$610,000
SOLD FEB 18, 2025
4 Beds
2 Baths
1,914 Sq Ft
0.37 Acres

Recently Sold

$319 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Property has 1 Level
  • Moore Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2025

RARE DUPLEX INVESTMENT PROPERTY in FRANKLIN!! Each unit is 2Bed/1Bath with Large Parking area & fenced in back yard - currently month-to-month at $1600 (Unit A) + $1550 (Unit B) - Tenants have been in place for nearly 2 & 4 years respectively - have expressed interest in staying. Current leases would transfer to new owners. Brand NEW Roof & Gutters!! HUGE .36 acre lot measured from tax record - tons of potential & great location!!

Last Agent to Sell the Property

Luke Krehbiel

Parks Compass Brokerage Phone: 6154294836 License #310866 Listed on: 01/02/2025

Parks Compass

Last Buyer's Agent

Thomas Vanhooser

The Realty Association License # 345456

The Realty Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1981

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,914 Sq Ft Home
  • Property has 1 Level
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Moore Elementary School
  • Freedom Middle School
  • Centennial High School

Additional Features

  • Lot Dimensions are 139 x 115
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,150
  • Assessor Parcel Number 094079H D 01700 00009079H

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Heritage Place Subdivision

Building Details

  • Gross Income $37,800
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Inclusions: NOFUR
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1914
  • Building Area Units: Square Feet
  • Living Area: 1914
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Parking Features: Aggregate
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res
  • Lot Size: 139 X 115
  • Lot Size Units: Acres
  • Parcel #: 094079H D 01700 00009079H
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 37800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 37800
  • Number Of Units Total: 2
  • Total Actual Rent: 3150

Tax Info

  • Tax Annual Amount: 2594

MLS Schools

  • Elementary School: Moore Elementary
  • High School: Centennial High School
  • Middle Or Junior School: Freedom Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 18, 2025
Sold by
Teige Joshua D and Teige Maria
Bought by
Ines Andreina
Seller's Agent
Luke Krehbiel
Parks Compass
Buyer's Agent
Thomas Vanhooser
The Realty Association
List Price
$645,000
Sold Price
$610,000
Premium/Discount to List
-$35,000
-5.43%
Views
19
Current Estimated Value
$591,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,379
Avg. Annual Appreciation
-3.24%
Original Mortgage
$335,500
Outstanding Balance
$333,224
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$258,397

Purchase Details

Closed on
Dec 11, 2020
Sold by
Weaver Grant A
Bought by
Teige Joshua D and Teige Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Jul 1, 2014
Sold by
Fant Marshall and Fant Candace
Bought by
Weaver Grant A
Seller's Agent
Jim Allen
RE/MAX Choice Properties
Buyer's Agent
Austin Cook
Parks Compass
List Price
$269,000
Sold Price
$210,000
Premium/Discount to List
-$59,000
-21.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$178,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Borisyuk Petr and Borisyuk Diana
Bought by
Fant Marshall and Fant Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
Andrusaitis Birute Onute and Benson Birute Onute Andrusaitis
Bought by
Borisyuk Petr and Borisyuk Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Benson Jeffrey A
Bought by
Benson Birute Onute Andrusaitis

Purchase Details

Closed on
Aug 14, 1998
Sold by
Andrusaitis Birute O and Onute Birute
Bought by
Benson Jeffrey A and Benson Birute Onute
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 Type Sale Price Title Company
Warranty Deed $610,000 Chapman & Rosenthal Title
Warranty Deed $610,000 Chapman & Rosenthal Title
Warranty Deed $435,000 Chapman & Rosenthal Ttl Inc
Warranty Deed $210,000 Multiple
Warranty Deed $205,000 Southeast Title Of Tenn
Warranty Deed $163,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,500 New Conventional
Closed $335,500 New Conventional
Previous Owner $326,250 New Conventional
Previous Owner $178,500 New Conventional
Previous Owner $153,750 Purchase Money Mortgage
Previous Owner $130,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2025 02/18/25 Sold $610,000 -5.4% $319 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $645,000 +139.8% $337 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $269,000 0.0% $141 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/05/2016 10/05/16 Price Changed $269,000 -1.8% $141 / Sq Ft
09/15/2016 09/15/16 For Sale $274,000 +30.5% $143 / Sq Ft
06/26/2014 06/26/14 Sold $210,000 -- $110 / Sq Ft View Prior Sale
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 $2,699 $225,080 $88,000 $137,080
2024 $2,699 $95,325 $35,000 $60,325
2023 $2,594 $95,325 $35,000 $60,325
2022 $2,594 $95,325 $35,000 $60,325
2021 $2,594 $95,325 $35,000 $60,325
2020 $1,729 $53,575 $16,250 $37,325
2019 $1,729 $53,575 $16,250 $37,325
2018 $1,691 $53,575 $16,250 $37,325
2017 $1,664 $53,575 $16,250 $37,325
2016 $1,659 $53,575 $16,250 $37,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2773393

Realtracs

APN: 079H-D-017.00