NOT LISTED FOR SALE

9 River Oaks Dr Jackson, TN 38305

Estimated Value: $362,143 - $389,000

Studio
4 Baths
3,564 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $365,000 $102 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,079/month

34 Days on Market

About This Home

As of June 2024

This is a great investment opportunity! This quadplex is fully occupied with tenants and each unit has 2BR/1 BA. The quadplex was constructed in 2004 and has been meticulously maintained. The quadplex is strategically positioned near key amenities. This allows residents to enjoy the convenient access to the hospital, shopping centers, grocery stores, and a variety of dining options. Whether you're a seasoned investor or exploring your first venture in real estate, this quadplex presents an excellent opportunity to diversify your portfolio and secure passive income. Don't miss out on the chance to capitalize on this prime investment property.

Last Agent to Sell the Property

Kimberly Grice

eXp Realty, LLC License #372219 Listed on: 04/17/2024

eXp Realty, LLC

Last Buyer's Agent

Kimberly Grice

eXp Realty, LLC License #372219 Listed on: 04/17/2024

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.41

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,564 Sq Ft Home
  • 2-Story Property

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,900
  • Assessor Parcel Number 066JB01500000

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • Property Sub-Type: Quadruplex
  • PropertyType: Residential Income
  • Co List Office Phone: 888-519-5113
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 066JB01500000
  • General Property Information Lot Size Dimensions: 17,820 sq ft
  • General Property Information:Stories Total: 2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Information:Parking Total: 8.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 066JB01500000
  • Lot Dimensions: 17,820 sq ft

Multi Family

  • Total Actual Rent: 2900.0

Tax Info

  • Tax Map Number: 066J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 21, 2024
Sold by
Npc Properties Llc
Bought by
Fonda Investment Group Fig I Llc
Seller's Agent
Kimberly Grice
eXp Realty, LLC
Buyer's Agent
Kimberly Grice
eXp Realty, LLC
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
27
Current Estimated Value
$375,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,572
Avg. Annual Appreciation
1.81%
Original Mortgage
$310,250
Outstanding Balance
$305,242
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$70,330

Purchase Details

Closed on
Apr 27, 2015
Sold by
Norwood Charles Preston
Bought by
Npc Properties Llc

Purchase Details

Closed on
Aug 16, 2013
Sold by
Clayton Bank And Trust
Bought by
Norwood Charles Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,587
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2011
Sold by
Johnson Wilfred C
Bought by
Clayton Bank And Trust

Purchase Details

Closed on
Apr 4, 2001
Sold by
Corey Gutgsell
Bought by
Wilfred Johnson

Purchase Details

Closed on
Mar 29, 1999
Bought by
B&C Partners Llc

Purchase Details

Closed on
Sep 9, 1991
Bought by
Genco Properties

Purchase Details

Closed on
Sep 27, 1989
Bought by
Jackson Phillip

Purchase Details

Closed on
Sep 15, 1989
Bought by
Genco

Purchase Details

Closed on
Mar 2, 1989
Bought by
Barham Robert

Purchase Details

Closed on
Dec 31, 1987
Bought by
Holmes H Jack

Purchase Details

Closed on
Jan 16, 1986
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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Purchase History

Date Buyer Sale Price Title Company
Fonda Investment Group Fig I Llc $365,000 None Listed On Document
Npc Properties Llc -- --
Norwood Charles Preston $127,000 --
Clayton Bank And Trust $100,000 --
Wilfred Johnson $60,000 --
B&C Partners Llc $45,000 --
Genco Properties -- --
Jackson Phillip $3,000 --
Genco -- --
Barham Robert -- --
Holmes H Jack -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fonda Investment Group Fig I Llc $310,250
Previous Owner Norwood Charles Preston $123,587
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $365,000 -5.2% $102 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $385,000 0.0% $108 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $385,000 -9.2% $108 / Sq Ft
04/17/2024 04/17/24 For Sale $424,000 -- $119 / 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 $1,544 $82,400 $5,240 $77,160
2024 $1,544 $82,400 $5,240 $77,160
2022 $2,872 $82,400 $5,240 $77,160
2021 $2,277 $52,800 $4,200 $48,600
2020 $2,277 $52,800 $4,200 $48,600
2019 $2,277 $52,800 $4,200 $48,600
2018 $2,277 $52,800 $4,200 $48,600
2017 $2,471 $56,000 $4,200 $51,800
2016 $2,303 $56,000 $4,200 $51,800
2015 $2,303 $56,000 $4,200 $51,800
2014 $2,303 $56,000 $4,200 $51,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kimberly Grice

    eXp Realty, LLC

    (731) 616-2123

    20 Total Sales

    Kimberly Grice
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 241693

Central West Tennessee Association of REALTORS®

APN: 066J-B-015.00

Tennessee Madison County Jackson 38305

9 River Oaks Dr, Jackson, TN

Not Listed for Sale

MultiFamily

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