NOT LISTED FOR SALE

718 E Northfield Blvd Unit 720 Murfreesboro, TN 37130

Estimated Value: $344,000 - $436,129

-- Bed
4 Baths
2,442 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $160,000 $66 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,364/month

Highlights

  • Cooling Available
  • Central Heating
  • Property has 1 Level
  • Northfield Elementary School Rated A-
  • Carpet

About This Home

As of August 2016

All brick duplex near MTSU campus. Unit 718 is currently vacant. New paint & carpet in Unit 718. Excellent investment opportunity!

Last Agent to Sell the Property

Margaret Webster

Onward Real Estate License #253725 Listed on: 06/30/2016

Onward Real Estate

Last Buyer's Agent

Brent Long

Compass License #331897

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1980

Lot Details

  • 0.35

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot

Schools

  • Northfield Elementary School
  • Oakland Middle School
  • Oakland High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,645
  • Assessor Parcel Number 080M C 03400 R0047361

Community Details

Overview

  • 2 Units
  • Colony Park Sec 2 Subdivision

Building Details

  • Operating Expense $1,962
  • Gross Income $19,740
  • Net Operating Income $17,778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 2442
  • Building Area Units: Square Feet
  • Living Area: 2442
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • 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: Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: MULTI
  • Lot Size: 94.2 X 154.8 IRR
  • Lot Size Units: Acres
  • Parcel #: 080M C 03400 R0047361
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 19740
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 17778
  • Number Of Units Total: 2
  • Annual Operating Expense: 1962
  • Total Actual Rent: 1645

Tax Info

  • Tax Annual Amount: 2204

MLS Schools

  • Elementary School: Northfield Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Oakland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Valentine Properties Llc
Bought by
East David Brock and East Jenny Peterson
Current Estimated Value
$394,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Outstanding Balance
$110,615
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$283,417

Purchase Details

Closed on
Mar 14, 2022
Sold by
Valentine Adam B
Bought by
Valentine Properties Llc

Purchase Details

Listed on
Jun 30, 2016
Closed on
Sep 8, 2016
Sold by
Strawn Properties Llc
Bought by
Valentine Adam Blake
Seller's Agent
Margaret Webster
Onward Real Estate
Buyer's Agent
Brent Long
Compass
List Price
$1,600
Sold Price
$160,000
Premium/Discount to List
$158,400
9900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$176,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 31, 2016
Sold by
Falcocchia Louie and Falcocchia Nola
Bought by
Stawn Properties Llc
Seller's Agent
Margaret Webster
Onward Real Estate
Buyer's Agent
Brent Long
Compass
List Price
$1,600
Sold Price
$160,000
Premium/Discount to List
$158,400
9900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2007
Sold by
Del Real Estate Llc
Bought by
Falcocchia and Nola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
10.25%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Payne Tillman W and Payne Kimb
Bought by
Del Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,440
Interest Rate
6.58%

Purchase Details

Closed on
Nov 14, 2005
Sold by
Payne Kimberly B
Bought by
Payne Tillman W and Payne Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
9.45%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Robertson David M
Bought by
Payne Kimberly B
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
East David Brock $369,000 Regal Title
Valentine Properties Llc -- Waldron Fann & Parsley
Valentine Adam Blake $176,000 Borkers Title & Escrow Llc
Stawn Properties Llc $160,000 Premier Land Title & Escrow
Falcocchia $168,000 --
Del Real Estate Llc $150,000 --
Payne Tillman W -- --
Payne Tillman W -- --
Payne Kimberly B $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East David Brock $295,200
Previous Owner Valentine Adam Blake $176,000
Previous Owner Payne Kimberly B $117,600
Previous Owner Payne Kimberly B $383,440
Previous Owner Payne Tillman W $125,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Price Changed $1,495 -6.6% $1 / Sq Ft
01/02/2019 01/02/19 For Sale $1,600 -99.0% $1 / Sq Ft
01/01/2019 01/01/19 Off Market $160,000 -- --
11/30/2018 11/30/18 For Sale $1,600 -99.0% $1 / Sq Ft
08/31/2016 08/31/16 Sold $160,000 -- $66 / 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 $3,202 $113,200 $20,000 $93,200
2024 $3,202 $113,200 $20,000 $93,200
2023 $2,124 $113,200 $20,000 $93,200
2022 $1,830 $113,200 $20,000 $93,200
2021 $1,847 $83,240 $16,000 $67,240
2020 $1,847 $83,240 $16,000 $67,240
2019 $1,847 $83,240 $16,000 $67,240
2018 $2,538 $83,240 $0 $0
2017 $2,319 $59,680 $0 $0
2016 $2,319 $59,680 $0 $0
2015 $2,319 $59,680 $0 $0
2014 $1,484 $59,680 $0 $0
2013 -- $56,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1743648

Realtracs

APN: 080M-C-034.00-000