$400,000
SOLD MAY 15, 2025
-- Bed
-- Bath
3,894 Sq Ft
1 Acres

Recently Sold

$103 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of May 2025

This well-maintained brick quadruplex in Jackson, TN, presents a fantastic investment opportunity. Each of the four units features two bedrooms, one bathroom, a kitchen equipped with a range, vent hood, and refrigerator, and a laundry center with washer/dryer connections. The spacious living room opens to the kitchen area. The exterior has been updated, and the interiors have been updated with new carpet/or vinyl flooring, paint, and appliances as needed. Additional quads are available for purchase, offering the potential to create an extensive quad portfolio in a prime Jackson, TN location.

Last Agent to Sell the Property

Kristen Londe

Town and Country License #329613 Listed on: 03/03/2025

Last Buyer's Agent

Charlotte Vaughn

Cornerstone Realty and Property Management License #284473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 126'x162'x85'x155'
  • Property fronts a state road

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,894 Sq Ft Home
  • 2-Story Property

Parking

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $3,435
  • Tenant pays for all utilities
  • Assessor Parcel Number 100P C 018.05

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,576

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Property Sub-Type: Quadruplex
  • PropertyType: Residential Income
  • Road Frontage Type: State Road
  • Co List Office Phone: 731-668-7000
  • MLS Status: Closed
  • Carport Y N: No
  • Unit Levels: Two
  • Location Tax and Legal:Tax Annual Amount: 2576.11
  • Location Tax and Legal Parcel Number2: 100P C 018.05
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 126'x162'x85'x155'
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information:Stories Total: 2
  • Currently Not Used Association YN: No
  • Currently Not Used Cooling YN: Yes
  • General Property Information Carport YN: No
  • Sewer:Public Sewer: Yes
  • Utilities Water Connected: Yes
  • Water Source:Public: Yes
  • Currently Not Used Heating YN: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 8.0
  • Utilities:Natural Gas Connected: Yes
  • General Property Information Home Warranty YN: No
  • General Property Information Number Of Units Total2: 4.0
  • Road Frontage Type:State Road: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Unit Details Number Of Units Leased: 3
  • Unit Details Number Of Units Vacant: 1
  • Gross Scheduled Income: 3996.0
  • Meter Information Number Of Separate Electric Meters: 4
  • Meter Information Number Of Separate Gas Meters: 4
  • Meter Information Number Of Separate Water Meters: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Open, Parking Lot
  • Total Parking Spaces: 8.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 8.0
  • Parking Features:Open: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Utilities: Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 100P C 018.05
  • Lot Dimensions: 126'x162'x85'x155'

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Tenant Pays: All Utilities
  • Total Actual Rent: 3435.0

Tax Info

  • Tax Annual Amount: 2576.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 15, 2025
Sold by
Humboldt Properties Llc
Bought by
Local Property Company Llc
Seller's Agent
Kristen Londe
Town and Country
Buyer's Agent
Charlotte Vaughn
Cornerstone Realty and Property Management
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
6
Current Estimated Value
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
24.25%
Original Mortgage
$1,592,000
Outstanding Balance
$1,592,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$1,166,000

Purchase Details

Closed on
Feb 14, 2023
Sold by
Stonewall Capital Partners
Bought by
Humboldt Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2022
Sold by
Ray Goodrich and Ray Laura
Bought by
Stonewall Capital Partners

Purchase Details

Closed on
Jul 27, 2018
Sold by
Robert W Overton
Bought by
Goodrich Tyler and Goodrich Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.54%

Purchase Details

Closed on
May 29, 2009
Sold by
Overton Sammy
Bought by
Overton Family Lp

Purchase Details

Closed on
Jun 10, 1991
Bought by
Overton Robert S

Purchase Details

Closed on
Nov 13, 1990
Bought by
Secretary Of Housing

Purchase Details

Closed on
Nov 6, 1990
Bought by
Bancboston Mtg Corp

Purchase Details

Closed on
Aug 30, 1989
Bought by
R & R Properties

Purchase Details

Closed on
Apr 20, 1988
Bought by
Allen James R

Purchase Details

Closed on
Sep 2, 1986
Bought by
Allen James R

Purchase Details

Closed on
Nov 22, 1985

Purchase Details

Closed on
May 23, 1985
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $2,000,000 Authority Title
Warranty Deed $2,000,000 Authority Title
Warranty Deed $1,346,154 None Listed On Document
Warranty Deed $1,346,154 --
Quit Claim Deed -- Patterson Charles
Deed -- --
Deed -- --
Warranty Deed $77,000 --
Warranty Deed -- --
Warranty Deed $111,300 --
Warranty Deed $102,100 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,592,000 New Conventional
Closed $1,592,000 New Conventional
Previous Owner $4,800,000 New Conventional
Previous Owner $360,000 No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $400,000 -5.9% $103 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $425,000 -- $109 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $1,385 $73,920 $6,200 $67,720
2022 $2,576 $73,920 $6,200 $67,720
2021 $2,277 $52,800 $6,200 $46,600
2020 $2,277 $52,800 $6,200 $46,600
2019 $2,277 $52,800 $6,200 $46,600
2018 $2,277 $52,800 $6,200 $46,600
2017 $2,294 $52,000 $6,200 $45,800
2016 $2,138 $52,000 $6,200 $45,800
2015 $2,138 $52,000 $6,200 $45,800
2014 $2,138 $52,000 $6,200 $45,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2500839

Central West Tennessee Association of REALTORS®

APN: 100P-C-018.05