NOT LISTED FOR SALE

816 Lambuth Blvd Jackson, TN 38301

Downtown Jackson Neighborhood

Estimated Value: $1,295,081 - $1,419,000

16 Beds
16 Baths
8,960 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $1,200,000 $134 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,357/month

79 Days on Market

About This Home

As of September 2023

RARE FIND! Completely RENOVATED 16 unit BRICK apartment complex located across from University of Memphis-Lambuth Campus. Complete with 1 bedroom,1 bathroom, range, dishwasher, wash/dryer, and refrigerator. Each unit has a living room, galley kitchen w laundry center and private exterior entrance. Luxury vinyl flooring throughout, new lighting, new plumbing fixtures, new kitchen cabinets and all new roof, and HVAC per unit. Located in the heart of our LANA area of Jackson,TN and just minutes from downtown!

Last Agent to Sell the Property

Kristen Londe

Town and Country License #329613 Listed on: 05/03/2023

Last Buyer's Agent

Cole Murray

Town and Country License #364892

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 0.47

Parking

  • 25 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 8,960 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 004.00

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Age: 57
  • Class: MULTI-FAMILY
  • Group: G
  • Type: Apartment Complex
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Stories: 2
  • Estimated Heated Sq Ft: 8960
  • Floor Coverings: See Remarks

Exterior Features

  • Construction: Brick
  • Fence: No
  • Public Road: Yes
  • Roof: Architectural
  • Water: Public
  • Water Type: Public

Garage/Parking

  • Number Of Parking Spaces: 25
  • Parking Facility: Asphalt/Blacktop

Utilities

  • Heating Type: Central Gas
  • Sewer: Public
  • Sewer Type: Public

Lot Info

  • Geo Update Timestamp: 5/3/2023 4:42:46 PM
  • Geo Address Line: 816 Lambuth Blvd
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 145.3x140 COR
  • Map Number: 078H
  • Parcel Number: 004.00
  • Zoned Historical: No

Rental Info

  • Tot Gross Rent Per Month: 11675
  • Utilities Paid By: All By Tenants

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 15, 2023
Sold by
Sunnyview Capital Llc
Bought by
Tencap Llc
Seller's Agent
Kristen Londe
Town and Country
Buyer's Agent
Cole Murray
Town and Country
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
111
Current Estimated Value
$1,347,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,895
Avg. Annual Appreciation
5.42%
Original Mortgage
$854,000
Outstanding Balance
$834,040
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$523,001

Purchase Details

Closed on
May 20, 2020
Sold by
Fairview Capital
Bought by
Sunnyview Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,250
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 30, 2019
Sold by
Olaf Llc
Bought by
Fairview Capital Llc
Seller's Agent
Todd Haltom
Haltom Real Estate Group
Buyer's Agent
Kristen Londe
Town and Country
List Price
$449,900
Sold Price
$375,000
Premium/Discount to List
-$74,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$640,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2018
Sold by
Mundt Paul A and Mundt Billie J
Bought by
Olaf Llc

Purchase Details

Closed on
Nov 7, 2001
Sold by
Corey Gutgsell
Bought by
Mundt Paul A

Purchase Details

Closed on
Dec 1, 1997
Sold by
William Boone
Bought by
Corey Gutgsell

Purchase Details

Closed on
May 18, 1988

Purchase Details

Closed on
May 6, 1988
Bought by
Holmes H Jack

Purchase Details

Closed on
Jan 31, 1979
Bought by
Haltom Bruce B

Purchase Details

Closed on
Apr 25, 1963
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tencap Llc $1,200,000 None Listed On Document
Sunnyview Capital Llc $1,050,000 None Available
Fairview Capital Llc $375,000 None Available
Olaf Llc $208,000 None Available
Mundt Paul A $300,000 --
Corey Gutgsell $285,000 --
-- -- --
Holmes H Jack $250,000 --
Haltom Bruce B -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tencap Llc $854,000
Previous Owner Sunnyview Capital Llc $837,250
Previous Owner Fairview Capital Llc $640,000
Previous Owner Not Available $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2023 09/18/23 Sold $1,200,000 -11.1% $134 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $1,350,000 0.0% $151 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,350,000 +260.0% $151 / Sq Ft
04/30/2019 04/30/19 Sold $375,000 -16.6% $42 / Sq Ft View Prior Sale
03/30/2019 03/30/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $449,900 -- $50 / 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
2025 $4,534 $242,000 $17,040 $224,960
2024 $4,534 $242,000 $17,040 $224,960
2022 $8,434 $242,000 $17,040 $224,960
2021 $15,178 $352,000 $4,920 $347,080
2020 $9,107 $352,000 $4,920 $347,080
2019 $5,477 $127,040 $4,920 $122,120
2018 $5,477 $127,040 $4,920 $122,120
2017 $5,492 $124,480 $4,920 $119,560
2016 $5,118 $124,480 $4,920 $119,560
2015 $5,118 $124,480 $4,920 $119,560
2014 $5,118 $124,480 $4,920 $119,560
Source: Public Records

Agents Affiliated with this Home

  • Kristen Londe

    Seller's Agent in 2023

    Kristen Londe

    Town and Country

    (731) 431-2799

    17 in this area

    337 Total Sales

    Kristen Londe
    Section Image

  • C

    Buyer's Agent in 2023

    Cole Murray

    Town and Country

    (731) 437-0331

    3 in this area

    32 Total Sales

    Cole Murray
    Section Image
  • Todd Haltom

    Seller's Agent in 2019

    Todd Haltom

    Haltom Real Estate Group

    (731) 499-1993

    5 in this area

    460 Total Sales

    Todd Haltom
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 231654

Central West Tennessee Association of REALTORS®

APN: 078H-G-004.00

Tennessee Madison County Jackson 38301 Downtown Jackson

816 Lambuth Blvd, Jackson, TN

Not Listed for Sale

MultiFamily

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