NOT LISTED FOR SALE

715 N Spring St Murfreesboro, TN 37130

Estimated Value: $338,000 - $424,000

-- Bed
3 Baths
2,436 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $231,000 $95 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,260/month

35 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating
  • Siegel Middle School Rated A-
  • Cooling Available
  • Wood Siding

About This Home

As of September 2021

THIS IS AN AUCTION PROPERTY: This property is an Income Producing Triplex in Downtown Murfreesboro within walking distance to MTSU, the Court House, and Retail Shopping. Auction is on Thursday, August 12th at 1:00 pm. with a preview on Monday, August 9th from 5:00 to 6:00 pm. Selling “AS-IS”! 10% Buyer's Premium. Other Terms Apply. Call Listing Office for Preview. Buyer or Buyer’s Agent to Verify Schools.

Last Agent to Sell the Property

Charlie Montgomery

Comas Montgomery Realty & Auction License # 231079 Listed on: 07/07/2021

Last Buyer's Agent

Charlie Montgomery

Comas Montgomery Realty & Auction License # 231079 Listed on: 07/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1912

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66 x 150

Home Design

  • Wood Siding
  • Hardboard

Interior Spaces

  • 2,436 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Alley Access
  • On-Street Parking
  • Unassigned Parking

Schools

  • Mitchell Neilson Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,545
  • The owner pays for water
  • Assessor Parcel Number 091E D 02000 R0054908

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Wilson Subdivision

Building Details

  • Gross Income $18,540
  • Net Operating Income $18,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1912
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Above Grade Finished Sq Ft: 2436
  • Building Area Units: Square Feet
  • Living Area: 2436
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Hardboard Siding, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Alley Access, On Street, Unassigned

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residentia
  • Lot Size Acres: 0.23
  • Lot Size: 66 X 150
  • Lot Size Units: Acres
  • Parcel #: 091E D 02000 R0054908
  • Property Attached Yn: No

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 18540
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 18540
  • Number Of Units Total: 3
  • Total Actual Rent: 1545

Tax Info

  • Tax Annual Amount: 2215

MLS Schools

  • Elementary School: Mitchell Neilson
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Boro Developments Llc
Bought by
Kelton Rhett M
Current Estimated Value
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 24, 2021
Sold by
Richardson Dana and Richardson Melanie
Bought by
Boro Developments Llc
Seller's Agent
Charlie Montgomery
Comas Montgomery Realty & Auction
Buyer's Agent
Charlie Montgomery
Comas Montgomery Realty & Auction
List Price
$231,000
Sold Price
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2005
Sold by
Cameron Warner
Bought by
Richardson and Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
5.69%

Purchase Details

Closed on
May 3, 2004
Sold by
Jones Abbie Dean Tr
Bought by
Cameron Warner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,650
Interest Rate
5.49%

Purchase Details

Closed on
Dec 18, 2003
Sold by
Dean Jones Abbie
Bought by
Jones Abbie D Revocable Liv Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelton Rhett M $283,215 Lawyers Land & Title Services
Boro Developments Llc $231,000 None Available
Richardson $137,000 --
Cameron Warner $117,000 --
Jones Abbie D Revocable Liv Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelton Rhett $110,000
Closed Kelton Rhett M $368,000
Previous Owner Boro Developments Llc $271,000
Previous Owner Boro Developments Llc $315,000
Previous Owner Jones Abbie D Revocable Liv Tr $102,750
Previous Owner Jones Abbie D Revocable Liv Tr $108,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $231,000 0.0% $95 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/12/2021 08/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $231,000 -35.8% $95 / Sq Ft
07/06/2021 07/06/21 For Sale $359,999 0.0% $182 / Sq Ft
12/31/2018 12/31/18 Sold $359,900 -- $182 / 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 $2,922 $103,280 $20,000 $83,280
2024 $2,922 $103,280 $20,000 $83,280
2023 $1,876 $100,000 $20,000 $80,000
2022 $1,616 $100,000 $20,000 $80,000
2021 $1,401 $63,120 $14,000 $49,120
2020 $1,401 $63,120 $14,000 $49,120
2019 $1,401 $63,120 $14,000 $49,120
2018 $1,924 $63,120 $0 $0
2017 $1,197 $30,800 $0 $0
2016 $1,197 $30,800 $0 $0
2015 $1,197 $30,800 $0 $0
2014 $766 $30,800 $0 $0
2013 -- $31,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2270129

Realtracs

APN: 091E-D-020.00-000