NOT LISTED FOR SALE

Estimated Value: $345,000 - $869,000

8 Beds
4 Baths
3,800 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $568,500 $150 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,103/month

4 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2021

Investor alert!!! Profitable quadruplex on a large lot located just minutes from U.S. 301 and Bayshore gardens. There are 2 duplexes, 4 units total, each 2bed/1ba. 100% occupied, each unit is currently being rented for $1250. Partially updated with new tile flooring, interior/exterior paint. New roof 2021. Laundry hookups in each unit and separately metered for water and electricity. The property is well-maintained by a professional management company that can be retained if needed.

Last Agent to Sell the Property

Joleisy Machado-Gonzales

RELAX REALTY GROUP INC License #3346195 Listed on: 08/20/2021

Last Buyer's Agent

Edie Lomason

MICHAEL SAUNDERS & COMPANY License #0696481

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1981

Lot Details

  • 0.48

Home Design

  • 3,800 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Additional Features

  • 0.48 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Carolina Tennessee Sub Community
  • Carolina Tennessee Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,515

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3800
  • Lot Size Acres: 0.48
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 21039
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4510114?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4510114?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9887
  • Price per Sq Ft: 149.61
  • Close to Original List Price Ratio: 0.9887
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RSF6
  • Parcel Number: 4746300203
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4515.05
  • Tax Book Number: 2-156
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 23, 2021
Sold by
S F Marbeth Llc
Bought by
Moorhouse Patrick E and Moorhouse Amy K
Seller's Agent
Joleisy Machado-Gonzales
RELAX REALTY GROUP INC
Buyer's Agent
Edie Lomason
MICHAEL SAUNDERS & COMPANY
List Price
$575,000
Sold Price
$568,500
Premium/Discount to List
-$6,500
-1.13%
Current Estimated Value
$624,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,226
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Dec 11, 2020
Sold by
Vrable Properties Llc
Bought by
S F Marbeth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 2014
Sold by
Vrable Larry Edward and Vrable Larry
Bought by
Vrable Properties Llc

Purchase Details

Closed on
Jan 7, 2004
Sold by
Vrable Linda S
Bought by
Vrable Larry

Purchase Details

Closed on
Nov 7, 2003
Sold by
Vrable Linda S
Bought by
Vrable Larry

Purchase Details

Closed on
Jan 14, 1999
Sold by
Jones Curtis Scott and Jones Linda Jean
Bought by
Vrable Larry E and Vrable Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moorhouse Patrick E $568,500 Attorney
S F Marbeth Llc $300,000 Attorney
Vrable Properties Llc -- Attorney
Vrable Larry -- --
Vrable Larry -- --
Vrable Larry E $42,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S F Marbeth Llc $260,000
Previous Owner Vrable Larry E $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $568,500 -1.1% $150 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $575,000 -- $151 / Sq Ft
Source: Stellar MLS

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 $9,946 $642,908 $71,400 $571,508
2024 $9,946 $642,908 $71,400 $571,508
2023 $9,133 $566,212 $71,400 $494,812
2022 $8,239 $491,536 $70,000 $421,536
2021 $6,274 $368,798 $40,000 $328,798
2020 $4,515 $360,970 $40,000 $320,970
2019 $3,943 $293,706 $20,000 $273,706
2018 $3,521 $247,426 $20,000 $227,426
2017 $2,646 $160,800 $0 $0
2016 $2,588 $160,800 $0 $0
2015 $1,773 $88,800 $0 $0
2014 $1,773 $79,812 $0 $0
2013 $1,590 $63,401 $14,050 $49,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4510114

Stellar MLS

APN: 47463-0020-3