NOT LISTED FOR SALE

714 Needmore Rd Clarksville, TN 37040

Estimated Value: $386,000 - $478,000

-- Bed
5 Baths
2,993 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $335,000 $112 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,600/month

17 Days on Market

About This Home

As of November 2021

This is a fantastic investment opportunity! Own a triplex in an excellent location. The master suite offers 2 bedrooms 2 full baths with a whirlpool, indoor laundry, a private deck, fenced yard, & 1 car garage with a separate driveway. The remaining 2 units each have 2 bedrooms and 1 1/2 bath, indoor laundry, private patios. Quiet neighborhood in a culdesac. Lots of green space!

Last Agent to Sell the Property

Bill Schutz

What About That House Real Estate Services License #276577,355151 Listed on: 08/23/2021

Last Buyer's Agent

Ahdy Thomas

Hodges and Fooshee Realty Inc. License # 333468

Hodges and Fooshee Realty Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,296

Year Built

1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • PropertyUnitTypes: {"UnitTypeActualRent":900,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":2,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2612075Group_1"}, {"UnitTypeActualRent":700,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2612075Group_2"}, {"UnitTypeActualRent":600,"UnitTypeType":"Unit 3","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2612075Group_3"}
  • Above Grade Finished Sq Ft: 2993
  • Carport Y N: No
  • Directions: Wilma Rudolph Blvd - left on Needmore Road - 1.9 miles - the destination is on the left. 714 Needmore Road
  • Garage Yn: Yes
  • Inclusions: APPLN
  • Lot Size: .51
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

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

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking Spaces: 3
  • Total Parking Spaces: 4

Utilities

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

Schools

  • Middle Or Junior School: Kenwood Middle School

Lot Info

  • Zoning: R 3

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Annual Gross Income: 26400
  • Property Net Operating Income: 26399
  • Number Of Units Total: 3
  • Annual Operating Expense: 1
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 3111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 12, 2021
Sold by
Schutz William J
Bought by
Saweres Ashraf and Marzouk Nabil
Seller's Agent
Bill Schutz
What About That House Real Estate Services
Buyer's Agent
Ahdy Thomas
Hodges and Fooshee Realty Inc.
Sold Price
$335,000
Current Estimated Value
$428,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,289
Avg. Annual Appreciation
6.40%
Original Mortgage
$251,250
Outstanding Balance
$230,227
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$198,062
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
Saweres Ashraf $335,000 Freedom Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saweres Ashraf $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $335,000 -5.6% $112 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/04/2021 09/04/21 For Sale -- -- --
08/29/2021 08/29/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $355,000 -- $119 / 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 $4,296 $144,160 $0 $0
2023 $4,296 $79,280 $0 $0
2022 $3,345 $79,280 $0 $0
2021 $3,345 $77,400 $0 $0
2020 $3,111 $77,400 $0 $0
2019 $3,097 $77,400 $0 $0
2018 $3,229 $73,720 $0 $0
2017 $929 $74,920 $0 $0
2016 $2,300 $74,920 $0 $0
2015 $3,158 $74,920 $0 $0
2014 $3,115 $74,920 $0 $0
2013 $3,858 $89,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2285749

Realtracs

APN: 032P-D-021.00