NOT LISTED FOR SALE

781 Villa Green Dr Lewisburg, TN 37091

Estimated Value: $131,389 - $231,000

4 Beds
2 Baths
2,464 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $75,000 $30 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,138/month

Highlights

  • Central Heating and Cooling System
  • Oak Grove Elementary School Rated A
  • Carpet

About This Home

As of March 2014

2- 1,232 Sq. Ft Apartments (781 &783 Villa Green) 783 Rents Section 8 for $445 & 781 is rented for $450. Both are Overly Clean & have Two BR and 1.5 BA. A $79,900 CD will bring in $359.55 per year,this property gross over twice that much in a Month.

Last Agent to Sell the Property

Jim Rickman

Brokerage Phone: 9316190889 Listed on: 10/01/2013

Last Buyer's Agent

Andy Collins

Grover Collins Real Estate License # 249961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1984

Lot Details

  • 3,180

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Schools

  • Marshall-Oak Grove-Westhills Elem. Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Additional Features

  • Lot Dimensions are 48x66
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $945
  • Assessor Parcel Number 064P A 01700 000

Community Details

Overview

  • 2 Units
  • Villa Green Subd Sec 2 Subdivision

Building Details

  • Operating Expense $650
  • Gross Income $11,340
  • Net Operating Income $10,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,662

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 2464
  • Building Area Units: Square Feet
  • Living Area: 2464
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

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: 1
  • Parking Features: Parking Lot
  • Total Parking Spaces: 1

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: 48X66
  • Lot Size Units: Acres
  • Parcel #: 064P A 01700 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 11340
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 10690
  • Number Of Units Total: 2
  • Annual Operating Expense: 650
  • Total Actual Rent: 945

Tax Info

  • Tax Annual Amount: 1662

MLS Schools

  • Elementary School: Marshall-Oak Grove-Westhills ELem.
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Mar 3, 2014
Sold by
Sanders Pamela J
Bought by
Mclean Wanda Y and Mclean Timothy L
Seller's Agent
Jim Rickman
Buyer's Agent
Andy Collins
Grover Collins Real Estate
List Price
$122,500
Sold Price
$75,000
Premium/Discount to List
-$47,500
-38.78%
Current Estimated Value
$199,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,847
Avg. Annual Appreciation
8.78%
Original Mortgage
$60,000
Outstanding Balance
$45,495
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$154,352

Purchase Details

Closed on
Aug 12, 1999
Sold by
Redd Wallace M
Bought by
Redd Family Trust

Purchase Details

Closed on
Dec 15, 1994
Sold by
Coble Cameron J
Bought by
Redd Wallace M

Purchase Details

Closed on
Mar 26, 1991
Bought by
Coble Caameron J

Purchase Details

Closed on
Nov 16, 1990
Bought by
Coble William H

Purchase Details

Closed on
Apr 21, 1990
Source: Public Records

Range of Values:

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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
Mclean Wanda Y $75,000 --
Redd Family Trust -- --
Redd Family Trust -- --
Redd Wallace M $63,000 --
Coble Caameron J $42,000 --
Coble William H $20,300 --
-- $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Wanda Y $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $122,500 +63.3% $50 / Sq Ft
03/07/2014 03/07/14 Sold $75,000 -- $30 / 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 -- $32,800 $2,840 $29,960
2023 $1,019 $32,800 $2,840 $29,960
2022 $1,019 $32,800 $2,840 $29,960
2021 $979 $21,040 $2,400 $18,640
2020 $979 $21,040 $2,400 $18,640
2019 $948 $21,040 $2,400 $18,640
2018 $937 $21,040 $2,400 $18,640
2017 $937 $21,040 $2,400 $18,640
2016 $911 $17,800 $2,000 $15,800
2015 $831 $17,800 $2,000 $15,800
2014 $831 $17,800 $2,000 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1488389

Realtracs

APN: 064P-A-017.00