$287,900
SOLD OCT 23, 2015

789 Cherrybark Ln Clarksville, TN 37040

8 Beds
4 Baths
4,440 Sq Ft
2008 Built

Recently Sold

$65 Per Sq Ft

124% Above List Price

Highlights

  • Cooling Available
  • Central Heating
  • Carpet

About This Home

As of August 2024

Great Investment Property. Low maintenance, well maintained

Last Agent to Sell the Property

Dee Bourne

CBCMH Cherokee Property Management Brokerage Phone: 9315521891 License # 318359 Listed on: 11/21/2014

Last Buyer's Agent

Andrew Fox

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 150x222

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,440 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Schools

  • Glenellen Elementary School
  • Kenwood Middle School
  • Kenwood High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number 063041A B 01500 00006041A

Community Details

Overview

  • 4 Units
  • Oak Arbor Subdivision

Building Details

  • Operating Expense $1,632
  • Gross Income $30,000
  • Net Operating Income $28,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,998

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2008
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9315521891
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 4440
  • Building Area Units: Square Feet
  • Living Area: 4440
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: 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: 8
  • Parking Features: Parking Lot
  • Total Parking Spaces: 8

Utilities

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

Lot Info

  • Zoning: R-4
  • Lot Size: 150x222
  • Lot Size Units: Acres
  • Parcel #: 063041A B 01500 00006041A
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 30000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 28368
  • Number Of Units Total: 4
  • Annual Operating Expense: 1632
  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 4998

MLS Schools

  • Elementary School: Glenellen Elementary
  • High School: Kenwood High School
  • Middle Or Junior School: Kenwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 15, 2024
Sold by
Neely Holdings Llc
Bought by
Steidl Matthew
Seller's Agent
Dee Bourne
CBCMH Cherokee Property Management
Buyer's Agent
Nathan Endres
Keller Williams Realty Clarksville
List Price
$575,000
Sold Price
$549,000
Premium/Discount to List
-$26,000
-4.52%
Current Estimated Value
$637,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,725
Avg. Annual Appreciation
16.16%
Original Mortgage
$384,300
Outstanding Balance
$380,656
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$257,069

Purchase Details

Listed on
Nov 21, 2014
Closed on
Oct 22, 2015
Sold by
Jordan Giselle
Bought by
Neely Holdings Llc
Seller's Agent
Dee Bourne
CBCMH Cherokee Property Management
Buyer's Agent
Andrew Fox
List Price
$128,500
Sold Price
$287,900
Premium/Discount to List
$159,400
124.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$221,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Smith Stephen
Bought by
Jordan Giselle
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $549,000 None Listed On Document
Warranty Deed $287,900 --
Deed $287,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,300 Credit Line Revolving
Previous Owner $221,600 New Conventional
Previous Owner $221,600 New Conventional
Previous Owner $209,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $549,000 -4.5% $125 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $575,000 +347.5% $131 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $128,500 -55.4% $29 / Sq Ft
10/23/2015 10/23/15 Sold $287,900 -- $65 / 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 $7,687 $257,960 $0 $0
2023 $7,687 $114,600 $0 $0
2022 $3,427 $114,600 $0 $0
2021 $3,427 $114,600 $0 $0
2020 $4,939 $114,600 $0 $0
2019 $3,427 $114,600 $0 $0
2018 $3,650 $84,680 $0 $0
2017 $2,600 $84,680 $0 $0
2016 $2,600 $84,680 $0 $0
2015 $3,569 $84,680 $0 $0
2014 $3,521 $84,680 $0 $0
2013 $4,880 $114,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1592033

Realtracs

APN: 041A-B-015.00