NOT LISTED FOR SALE

Estimated Value: $404,000 - $469,000

3 Beds
3 Baths
2,592 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2021

Last sale price $363,750 $140 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,694 / mo

67 Days on Market

Highlights

  • City View
  • No HOA
  • Central Heating and Cooling System
  • Siegel Middle School Rated A-
  • Tile Flooring
  • Wood Siding

About This Home

As of November 2021

Great opportunity to own this charming triplex with wrap around porch on nearly 1/4 acre at the corner of N Spring St. & E Hayes Ave! Desirable location blocks away from the downtown square. Fully leased and income producing into 2022. Roof replaced in 2019 and all HVACs new in 2014. Deck rebuilt in 2017. Some interior updates including granite countertops. More than enough off street parking is a plus. Please do not disturb tenants.

Last Agent to Sell the Property

Pam Austin

Synergy Realty Network, LLC License # 314452 Listed on: 08/09/2021

Synergy Realty Network, LLC

Last Buyer's Agent

Nancy McCaskill

Luxury Homes of Tennessee Corporate License #350186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1916

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 78 x 125

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Property has 2 Levels
  • City Views

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Mitchell Neilson Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,345
  • The owner pays for water
  • Assessor Parcel Number 091E A 00800 R0054792

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Walter Park Add Subdivision

Building Details

  • Operating Expense $4,584
  • Gross Income $28,140
  • Net Operating Income $23,556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,462

Year Built

Built in 1916

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1916
  • Inclusions: APPLN
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Above Grade Finished Sq Ft: 2592
  • Building Area Units: Square Feet
  • Living Area: 2592
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Wood Siding
  • Pool Private: No
  • Roof: Shingle
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Parking Features: Gravel
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.21
  • Lot Size: 78 X 125
  • Lot Size Units: Acres
  • Parcel #: 091E A 00800 R0054792
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 28140
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 23556
  • Number Of Units Total: 3
  • Annual Operating Expense: 4584
  • Total Actual Rent: 2345

Tax Info

  • Tax Annual Amount: 2462

MLS Schools

  • Elementary School: Mitchell Neilson
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 23, 2021
Sold by
Bought by
Seller's Agent
Pam Austin
Synergy Realty Network, LLC
Buyer's Agent
Nancy McCaskill
Luxury Homes of Tennessee Corporate
Sold Price
$363,750
Current Estimated Value
$432,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,035
Avg. Annual Appreciation
3.82%
Original Mortgage
$270,000
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2015
Closed on
Aug 17, 2015
Sold by
Bought by
Seller's Agent
Beth Woodard
Middle Tennessee Realty Group, Inc.
Buyer's Agent
Pam Austin
Synergy Realty Network, LLC
List Price
$579,900
Sold Price
$150,000
Premium/Discount to List
-$429,900
-74.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Jan 10, 1996
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$363,750 Bankers Title
$150,000 --
$45,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $363,750 -5.5% $140 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/04/2021 10/04/21 For Sale -- -- --
09/30/2021 09/30/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $385,000 -33.6% $149 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $579,900 +286.6% $231 / Sq Ft
08/18/2015 08/18/15 Sold $150,000 -- $60 / Sq Ft View Prior Sale
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,115 $145,480 $18,000 $127,480
2024 $4,115 $145,480 $18,000 $127,480
2023 $2,729 $145,480 $18,000 $127,480
2022 $2,351 $145,480 $18,000 $127,480
2021 $1,557 $70,160 $14,000 $56,160
2020 $1,557 $70,160 $14,000 $56,160
2019 $1,557 $70,160 $14,000 $56,160
2018 $2,139 $70,160 $0 $0
2017 $1,540 $39,640 $0 $0
2016 $1,540 $39,640 $0 $0
2015 $1,540 $39,640 $0 $0
2014 $986 $39,640 $0 $0
2013 -- $33,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2280086

Realtracs

APN: 091E-A-008.00-000

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