NOT LISTED FOR SALE

74 Lebanon Hwy Carthage, TN 37030

Estimated Value: $500,000 - $522,901

6 Beds
3 Baths
2,400 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $423,000 $176 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,950/month

88 Days on Market

Highlights

  • River View
  • Cooling Available
  • Accessible Hallway
  • No HOA
  • Accessible Doors
  • Central Heating

About This Home

As of October 2021

Investment Opportunity!! This one level renovated trip-plex is located in desired area with 2 bedrooms 1 bath in each unit with 2 entry/exit doors, parking in front and rear of building. All SS appliances included; fridge, dishwasher, microwave, washer & Dryer. New HVAC/Water tanks and fire alarm sprinkler system in each unit. All units occupied.

Last Agent to Sell the Property

Joshua Kirby

Blackwell Realty and Auction License # 324684 Listed on: 06/24/2021

Blackwell Realty and Auction

Co-Listed By

Jennifer Haden

Benchmark Realty, LLC License #331395

Last Buyer's Agent

Kelly Kirby

A-Squared Realty & Auction License #335307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1996

Lot Details

  • 0.7 Acre Lot

Property Views

  • River
  • Bluff

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Hallway
  • Accessible Doors

Schools

  • Carthage Elementary
  • Smith Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,300
  • The owner pays for water
  • Assessor Parcel Number 053 03202 000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $600
  • Gross Income $3,300
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,101

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1996
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Accessibility Features: Accessible Doors, Accessible Hallway(s)
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 2400
  • Building Area Units: Square Feet
  • Living Area: 2400
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: Bluff, River
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: comm
  • Lot Size Acres: 0.7
  • Lot Size Units: Acres
  • Parcel #: 053 03202 000
  • Property Attached Yn: No

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 3300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2700
  • Number Of Units Total: 3
  • Annual Operating Expense: 600
  • Total Actual Rent: 3300

Tax Info

  • Tax Annual Amount: 3101

MLS Schools

  • Elementary School: Carthage Elementary
  • High School: Smith Co High School
  • Middle Or Junior School: Carthage Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Oct 1, 2021
Sold by
Kirby Josh and Haden Jennifer
Bought by
Piper Holdings Llc
Seller's Agent
Joshua Kirby
Blackwell Realty and Auction
Buyer's Agent
Kelly Kirby
A-Squared Realty & Auction
List Price
$459,000
Sold Price
$423,000
Premium/Discount to List
-$36,000
-7.84%
Total Days on Market
88
Current Estimated Value
$513,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,285
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Jun 17, 2020
Sold by
Healthcabe Resource Management Llc
Bought by
Kirby Josh and Haden Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2017
Sold by
R D W Properties
Bought by
Healthcare Resource Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2012
Sold by
Lankford Ed
Bought by
Morrow Gordon E and Morrow Gordon Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2001
Bought by
Rdw Properties

Purchase Details

Closed on
Feb 13, 2001
Sold by
Duke James H
Bought by
Ed Lankford

Purchase Details

Closed on
Nov 3, 1995
Sold by
Eatherly Pat Const Co Inc
Bought by
James Duke

Purchase Details

Closed on
Mar 10, 1995
Sold by
Eatherly Pat Const Co Inc
Bought by
Mike Mofield

Purchase Details

Closed on
Apr 19, 1989
Bought by
Eatherly Pat Const Co Inc

Purchase Details

Closed on
Feb 14, 1956
Bought by
Nester Brenda Owens
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
Piper Holdings Llc $423,000 None Available
Kirby Josh $160,000 None Available
Healthcare Resource Management Llc $185,000 Rudy Title And Escrow Llc
Morrow Gordon E $32,500 --
Rdw Properties $120,000 --
Ed Lankford $100,000 --
James Duke $45,000 --
Mike Mofield $28,000 --
Eatherly Pat Const Co Inc -- --
Nester Brenda Owens -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirby Josh $144,000
Previous Owner Healthcare Resource Management Llc $150,000
Previous Owner Morrow Gordon E $26,000
Previous Owner Rutherford Richard T $131,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $423,000 -7.8% $176 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $459,000 -- $191 / 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 $1,665 $96,080 $22,000 $74,080
2023 $1,665 $96,080 $0 $0
2022 $2,344 $96,080 $22,000 $74,080
2021 $2,891 $83,800 $18,000 $65,800
2020 $2,864 $83,800 $18,000 $65,800
2019 $2,864 $77,400 $18,000 $59,400
2018 $2,407 $77,400 $18,000 $59,400
2017 $2,407 $77,400 $18,000 $59,400
2016 $2,202 $66,920 $14,880 $52,040
2015 $2,202 $66,920 $14,880 $52,040
2014 $2,202 $66,920 $14,880 $52,040
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Realtracs

MLS Number: 2265847

Realtracs

APN: 053-032.02