NOT LISTED FOR SALE

7410 Chester Rd Fairview, TN 37062

Estimated Value: $458,248 - $654,000

4 Beds
2 Baths
2,176 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $160,000 $74 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $3,170/month

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Fairview Elementary School Rated A-

About This Home

As of December 2014

Great opportunity in Fairview to own an income producing duplex! Live in one side and rent the other to have a low cost mortgage. Home is in great shape and fully occupied.

Last Agent to Sell the Property

Joanna Swiger

Everything Real Estate Brokerage Phone: 6153087353 License #284599 Listed on: 10/23/2014

Last Buyer's Agent

Brent Thompson

Tim Thompson Premier REALTORS License # 326463

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1999

Lot Details

  • 1

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Fairview Elementary School
  • Fairview Middle School
  • Fairview High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number 094047 02406 00001047

Community Details

Overview

  • 2 Units
  • Cunningham Donald Subdivision

Building Details

  • Operating Expense $250
  • Gross Income $1,700
  • Net Operating Income $1,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1999
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6153087353
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 2176
  • Building Area Units: Square Feet
  • Living Area: 2176
  • 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

Utilities

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

Lot Info

  • Zoning: Res
  • Lot Size: 1 AC
  • Lot Size Units: Acres
  • Parcel #: 094047 02406 00001047
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1700
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1450
  • Number Of Units Total: 2
  • Annual Operating Expense: 250
  • Total Actual Rent: 1700

Tax Info

  • Tax Annual Amount: 2275

MLS Schools

  • Elementary School: Fairview Elementary
  • High School: Fairview High School
  • Middle Or Junior School: Fairview Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
Nov 29, 2014
Sold by
Kern Lori
Bought by
Hodes Scott and Hodes Hilary
Seller's Agent
Joanna Swiger
Everything Real Estate
Buyer's Agent
Brent Thompson
Tim Thompson Premier REALTORS
List Price
$299,900
Sold Price
$160,000
Premium/Discount to List
-$139,900
-46.65%
Current Estimated Value
$546,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,416
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Aug 12, 2004
Sold by
Edge Samuel S and Edge Carol A
Bought by
Kern Gregory and Kern Lori

Purchase Details

Closed on
Sep 25, 2001
Sold by
Thompson Chad N and Thompson Gayle A
Bought by
Edge Samuel S and Edge Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.89%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Cunningham Donald M
Bought by
Thompson Chad N
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
Hodes Scott $160,000 Bankers Title & Escrow Dicks
Kern Gregory $158,000 Elite Title Company
Edge Samuel S $131,000 --
Thompson Chad N $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edge Samuel S $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Off Market $160,000 -- --
06/15/2017 06/15/17 Price Changed $285,000 -1.7% $131 / Sq Ft
05/05/2017 05/05/17 Price Changed $289,900 -3.3% $133 / Sq Ft
04/04/2017 04/04/17 For Sale $299,900 +87.4% $138 / Sq Ft
12/01/2014 12/01/14 Sold $160,000 -- $74 / 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 $3,386 $122,840 $32,200 $90,640
2023 $3,386 $122,840 $32,200 $90,640
2021 $4,618 $122,840 $32,200 $90,640
2020 $2,025 $91,200 $15,560 $75,640
2019 $2,025 $91,200 $15,560 $75,640
2018 $1,961 $91,200 $15,560 $75,640
2017 $1,943 $91,200 $15,560 $75,640
2016 $0 $91,200 $15,560 $75,640
2015 -- $78,600 $15,000 $63,600
2014 -- $78,600 $15,000 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1585214

Realtracs

APN: 047-024.06