NOT LISTED FOR SALE

739 Neelys Bend Rd Madison, TN 37115

Heron Walk Neighborhood

Estimated Value: $335,000 - $419,000

4 Beds
2 Baths
2,666 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $400,000 $150 Per Sq Ft

Current estimated payment $2,417/month

33 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • No HOA

About This Home

As of June 2022

Tenants in each unit, do not disturb. Tax records show it as a duplex. It is a duplex and single family home on same deed and lot. Being sold "as-is" but pass/fail inspections welcome. Please check codes and zoning to see if it meets your plans before submitting an offer. New roof on both units 2020. Viewing of all units after an accepted offer. All appliances, shed and security system belong to tenants and do not convey.

Last Agent to Sell the Property

Hope Hale

Exit Real Estate Solutions License #352201 Listed on: 04/06/2022

Exit Real Estate Solutions

Last Buyer's Agent

Deborah Vahle

Compass License #344841

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,666 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,875
  • Assessor Parcel Number 05202018500

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Rainbow Terrace Subdivision

Building Details

  • Operating Expense $3,734
  • Gross Income $22,500
  • Net Operating Income $18,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,734

Year Built

Built in 1950

Lot Details

0.34 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Inclusions: NOFUR
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile, Vinyl
  • Above Grade Finished Sq Ft: 2666
  • Building Area Units: Square Feet
  • Living Area: 2666
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS 10
  • Lot Size Acres: 0.34
  • Lot Size: 75 X 200
  • Lot Size Units: Acres
  • Parcel #: 05202018500
  • Property Attached Yn: No

Multi Family

  • Gross Income: 22500
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 18766
  • Number Of Units Total: 3
  • Annual Operating Expense: 3734
  • Total Actual Rent: 1875

Tax Info

  • Tax Annual Amount: 3734

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 23, 2022
Sold by
Altvater Gina Harper and Harper William Ronald
Bought by
Innovestments Llc
Seller's Agent
Hope Hale
Exit Real Estate Solutions
Buyer's Agent
Deborah Vahle
Compass
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$398,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,131
Avg. Annual Appreciation
-1.43%
Original Mortgage
$240,000
Outstanding Balance
$169,856
Interest Rate
5.25%
Mortgage Type
Construction
Estimated Equity
$209,311

Purchase Details

Closed on
Nov 10, 2020
Sold by
Harper William Ronald and Watkins Kathy Harper
Bought by
Harper William Ronald and Watkins Kathy Harper

Purchase Details

Closed on
Sep 14, 2018
Sold by
Harper Dorothy S
Bought by
Harper Dorothy S and Dorothy S Harper Trust

Purchase Details

Closed on
Nov 4, 2010
Sold by
Harper Dorothy S
Bought by
Harper Dorothy S and William A Harper Trust
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
Innovestments Llc $400,000 Residential Commercial Title
Harper William Ronald -- None Available
Harper Dorothy S -- None Available
Harper Dorothy S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovestments Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $400,000 0.0% $150 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $400,000 0.0% $150 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $400,000 0.0% $150 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $400,000 -- $150 / Sq Ft
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 $4,362 $155,000 $41,400 $113,600
2024 $3,695 $113,560 $24,000 $89,560
2023 $3,695 $113,560 $24,000 $89,560
2022 $3,695 $113,560 $24,000 $89,560
2021 $3,734 $113,560 $24,000 $89,560
2020 $3,129 $74,120 $10,000 $64,120
2019 $2,338 $74,120 $10,000 $64,120
2018 $2,338 $74,120 $10,000 $64,120
2017 $2,338 $74,120 $10,000 $64,120
2016 $2,053 $52,320 $6,400 $45,920
2015 $2,053 $52,320 $6,400 $45,920
2014 $2,053 $52,320 $6,400 $45,920
Source: Public Records

Agents Affiliated with this Home

  • Hope Hale

    Seller's Agent in 2022

    Hope Hale

    Exit Real Estate Solutions

    (615) 804-9374

    3 in this area

    35 Total Sales

    Hope Hale
    Section Image
  • Deborah Vahle

    Buyer's Agent in 2022

    Deborah Vahle

    Compass

    (615) 335-0770

    1 in this area

    132 Total Sales

    Deborah Vahle
    Section Image
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Map

Source: Realtracs

MLS Number: 2375565

Realtracs

APN: 052-02-0-185

Tennessee Davidson County Nashville 37115 Heron Walk

739 Neelys Bend Rd, Nashville, 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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