NOT LISTED FOR SALE

718 Minor St Murfreesboro, TN 37130

Estimated Value: $324,145 - $388,000

Studio
3 Baths
1,860 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $244,900 $132 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,054/month

166 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Property has 1 Level
  • Rockvale High School Rated A-
  • Carpet

About This Home

As of February 2020

Just reduced! Great investment opportunity in the heart of Murfreesboro near MTSU! Duplex has 2 beds, 1 bath, living room, and kitchen on each side. Previously rented for $800 per month. Will need some tlc.

Last Agent to Sell the Property

Jason Fraker

Real Broker License #337507 Listed on: 06/29/2019

Real Broker

Last Buyer's Agent

Greg MacLachlan

Synergy Realty Network, LLC License #341125

Synergy Realty Network, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1954

Lot Details

  • 0.5

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Schools

  • Hobgood Elementary School
  • Whitworth-Buchanan Middle School
  • Oakland High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number 102D H 00900 R0064842

Community Details

Overview

  • 2 Units
  • Forrest Young Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $22,800
  • Net Operating Income $22,799

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 1954

Lot Details

0.5 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1954
  • Inclusions: APPLN,NOFUR
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Above Grade Finished Sq Ft: 1860
  • Building Area Units: Square Feet
  • Living Area: 1860
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: RES
  • Lot Size: 30 X 247 IRR
  • Lot Size Units: Acres
  • Parcel #: 102D H 00900 R0064842
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 22800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 22799
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1900

Tax Info

  • Tax Annual Amount: 894

MLS Schools

  • Elementary School: Hobgood Elementary
  • High School: Oakland High School
  • Middle Or Junior School: Whitworth-Buchanan Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Gill Goneke Ii
Bought by
G Squared Holdings Llc
Current Estimated Value
$353,286

Purchase Details

Listed on
Jun 29, 2019
Closed on
Feb 25, 2020
Sold by
Jb Rose Family Investments Llc
Bought by
Goneke Gill
Seller's Agent
Jason Fraker
Real Broker
Buyer's Agent
Greg MacLachlan
Synergy Realty Network, LLC
List Price
$259,000
Sold Price
$244,900
Premium/Discount to List
-$14,100
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$183,675
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2017
Closed on
May 24, 2018
Sold by
Alexander Roy E and Alexander Ramsey
Bought by
J B Rose Family Investments Llc
Seller's Agent
Steven Jones
Agee & Johnson Realty & Auction, Inc
Buyer's Agent
Summer Barton
List Price
$562,000
Sold Price
$75,000
Premium/Discount to List
-$487,000
-86.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.18%
Original Mortgage
$63,750
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2003
Sold by
Lee Alexander Georgia
Bought by
Alexander Walter C
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
G Squared Holdings Llc -- None Listed On Document
Goneke Gill $249,900 Dba Waterstone Title
J B Rose Family Investments Llc $75,000 Nassville Title Ins Corp
Alexander Walter C $68,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goneke Gill $183,675
Previous Owner J B Rose Family Investments Llc $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $562,000 +129.5% $302 / Sq Ft
02/25/2020 02/25/20 Sold $244,900 -5.4% $132 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $259,000 +245.3% $139 / Sq Ft
06/05/2018 06/05/18 Sold $75,000 -- $40 / Sq Ft View Prior Sale
Source: Realtracs

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 $2,862 $101,160 $19,000 $82,160
2024 $2,862 $101,160 $19,000 $82,160
2023 $1,898 $101,160 $19,000 $82,160
2022 $1,635 $101,160 $19,000 $82,160
2021 $1,595 $71,880 $11,600 $60,280
2020 $1,595 $71,880 $11,600 $60,280
2019 $651 $29,325 $7,250 $22,075
2018 $894 $29,325 $0 $0
2017 $673 $17,325 $0 $0
2016 $673 $17,325 $0 $0
2015 $673 $17,325 $0 $0
2014 $431 $17,325 $0 $0
2013 -- $14,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Fraker

    Seller's Agent in 2020

    Jason Fraker

    Real Broker

    (615) 456-8016

    80 in this area

    155 Total Sales

    Jason Fraker
    Section Image
  • Greg MacLachlan

    Buyer's Agent in 2020

    Greg MacLachlan

    Synergy Realty Network, LLC

    (615) 419-7970

    11 Total Sales

    Greg MacLachlan
    Section Image
  • Steven Jones

    Seller's Agent in 2018

    Steven Jones

    Agee & Johnson Realty & Auction, Inc

    (615) 504-7396

    53 Total Sales

    Steven Jones
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Summer Barton

    Section Image
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Map

Source: Realtracs

MLS Number: 2053312

Realtracs

APN: 102D-H-009.00-000

Tennessee Rutherford County Murfreesboro 37130

718 Minor St, Murfreesboro, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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