NOT LISTED FOR SALE

911 E Lincoln St Tullahoma, TN 37388

Estimated Value: $149,490 - $212,000

-- Bed
2 Baths
1,623 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $162,225 $100 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,050/month

87 Days on Market

About This Home

As of January 2022

Investment Opportunity Awaits! This property gives road frontage on 2 streets, E Lincoln and Grundy. The duplex is facing E Lincoln St. with a large back yard and storage barn. The area is growing and developing with new builds, remodeled homes, duplexes. Walking Distance to new Dollar General. HVAC units are about 4 years old. Roof was redone just before current owner purchased, approx 6-7 years ago. Chimneys are capped off.

Last Agent to Sell the Property

Julie Burris

WEICHERT, REALTORS Joe Orr & Associates License # 362190 Listed on: 09/23/2021

WEICHERT, REALTORS Joe Orr & Associates

Last Buyer's Agent

Cort Huffman

Coldwell Banker Southern Realty License #328777

Coldwell Banker Southern Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,339

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • PropertyUnitTypes: {"UnitTypeActualRent":600,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":1,"UnitTypeKey":"RTC2622348Group_1"}, {"UnitTypeActualRent":650,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":1,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2622348Group_2"}
  • Above Grade Finished Sq Ft: 1623
  • Carport Y N: No
  • Directions: From 41A, S Jackson St, Turn onto E Lincoln St, just past Dollar General on the Left
  • Garage Yn: No
  • Inclusions: APPLN
  • Lot Size: 80X317
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Subdivision Name: Dick Taylor
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Aggregate
  • Attached Garage: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: East Lincoln Elementary
  • High School: Tullahoma High School
  • Middle Or Junior School: East Coffee Elementary

Lot Info

  • Zoning: R2

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Annual Gross Income: 15000
  • Property Net Operating Income: 15000
  • Number Of Units Total: 2
  • Total Actual Rent: 1250

Tax Info

  • Tax Annual Amount: 1089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jan 3, 2022
Sold by
Smith Donald R
Bought by
Mp Development
Seller's Agent
Julie Burris
WEICHERT, REALTORS Joe Orr & Associates
Buyer's Agent
Cort Huffman
Coldwell Banker Southern Realty
List Price
$187,000
Sold Price
$162,225
Premium/Discount to List
-$24,775
-13.25%
Current Estimated Value
$172,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,272
Avg. Annual Appreciation
1.00%
Original Mortgage
$162,225
Outstanding Balance
$51,339
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,948

Purchase Details

Closed on
Sep 9, 2016
Sold by
Holman Jerry
Bought by
Smith Donald R

Purchase Details

Closed on
Dec 27, 2012
Sold by
Holder Melrose H
Bought by
Holman Jerry and Holman Jeremy B

Purchase Details

Closed on
Feb 9, 2005
Sold by
Holder H E
Bought by
Holder Melrose H

Purchase Details

Closed on
Jan 23, 1995
Sold by
Overholser Wayne L
Bought by
Moore Jessie M
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 Buyer Sale Price Title Company
Mp Development $162,225 Access Title & Escrow Inc
Smith Donald R $46,690 --
Holman Jerry $23,500 --
Holder Melrose H -- --
Moore Jessie M $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp Development $162,225
Previous Owner Smith Donald R $77,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $162,225 -13.2% $100 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $187,000 -- $115 / 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 $1,339 $34,280 $4,800 $29,480
2023 $1,339 $34,280 $0 $0
2022 $1,441 $35,960 $6,480 $29,480
2021 $1,089 $21,720 $4,800 $16,920
2020 $1,089 $21,720 $4,800 $16,920
2019 $1,089 $21,720 $4,800 $16,920
2018 $1,089 $21,720 $4,800 $16,920
2017 $1,036 $18,960 $4,800 $14,160
2016 $1,037 $18,960 $4,800 $14,160
2015 $1,037 $18,960 $4,800 $14,160
2014 $1,037 $18,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2293640

Realtracs

APN: 124E-E-005.00