NOT LISTED FOR SALE

911 Riviera Dr Murfreesboro, TN 37130

Estimated Value: $466,430

Studio
4 Baths
2,592 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $265,000 $102 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,643/month

Highlights

  • Window Unit Cooling System
  • Vinyl Flooring
  • Property has 1 Level
  • Baseboard Heating

About This Home

As of February 2019

Awesome Investment Opportunity! Close to MTSU, All units currently rented. Updated Flooring and Paint in units

Last Agent to Sell the Property

Krystal Gray

Classic Key Realty Brokered by Exp Realty License #300198 Listed on: 10/05/2018

Classic Key Realty Brokered by Exp Realty

Last Buyer's Agent

Trey Sugg

Realty One Group Music City License #328692

Realty One Group Music City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1984

Lot Details

  • 0.49

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Vinyl

Schools

  • Hobgood Elementary School
  • Whitworth-Buchanan Middle School
  • Riverdale High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,650
  • Assessor Parcel Number 103I F 01000 R0067275

Community Details

Overview

  • 4 Units
  • Green Valley Subdivision

Building Details

  • Operating Expense $2,300
  • Gross Income $32,000
  • Net Operating Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1984

Lot Details

0.49 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Above Grade Finished Sq Ft: 2592
  • Building Area Units: Square Feet
  • Living Area: 2592
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Multifam
  • Lot Size: 120.3 X 230 IRR
  • Lot Size Units: Acres
  • Parcel #: 103I F 01000 R0067275
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 32000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 29700
  • Number Of Units Total: 4
  • Annual Operating Expense: 2300
  • Total Actual Rent: 2650

Tax Info

  • Tax Annual Amount: 2074

MLS Schools

  • Elementary School: Hobgood Elementary
  • High School: Riverdale High School
  • Middle Or Junior School: Whitworth-Buchanan Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Feb 11, 2019
Sold by
Ismail Hishyar
Bought by
Unocasa Llc
Seller's Agent
Krystal Gray
Classic Key Realty Brokered by Exp Realty
Buyer's Agent
Trey Sugg
Realty One Group Music City
List Price
$925,000
Sold Price
$265,000
Premium/Discount to List
-$660,000
-71.35%
Current Estimated Value
$466,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,430
Avg. Annual Appreciation
8.39%
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 28, 2017
Closed on
Feb 15, 2018
Sold by
Wells Seth W
Bought by
Ismail Hishyar
Seller's Agent
Wesley Willoughby
Benchmark Realty, LLC
Buyer's Agent
Reber Hassan
Benchmark Realty, LLC
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.26%
Original Mortgage
$161,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bird Nicole Michael
Bought by
Wells Seth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,122
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2008
Sold by
Bailey Michael E
Bought by
Michael Bird

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2005
Sold by
Nancy Roark
Bought by
Bailey Michael E and Bailey Allison G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2003
Sold by
Walker Ramsey O and Walker Terri L
Bought by
Nancy Roark

Purchase Details

Closed on
Aug 8, 1997
Sold by
Henry William D
Bought by
Duke and Nora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Unocasa Llc $265,000 Rudy Title And Escrow Llc
Ismail Hishyar $215,000 Rudy Title & Escrow Llc
Wells Seth W $149,900 --
Michael Bird $151,500 --
Bailey Michael E $135,000 --
Nancy Roark $107,500 --
Duke $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Unocasa Llc $265,000
Previous Owner Ismail Hishyar $161,250
Previous Owner Wells Seth W $153,122
Previous Owner Duke $120,000
Previous Owner Duke $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $925,000 +285.6% $357 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $239,900 -9.5% $92 / Sq Ft
02/15/2019 02/15/19 Sold $265,000 +23.3% $102 / Sq Ft
02/15/2018 02/15/18 Sold $215,000 -- $82 / Sq Ft View Prior Sale
Source: Realtracs

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 $2,918 $103,160 $17,000 $86,160
2024 $2,918 $103,160 $17,000 $86,160
2023 $1,935 $103,160 $17,000 $86,160
2022 $1,667 $103,160 $17,000 $86,160
2021 $1,615 $72,760 $12,000 $60,760
2020 $1,615 $72,760 $12,000 $60,760
2019 $1,615 $72,760 $12,000 $60,760
2018 $2,219 $72,760 $0 $0
2017 $2,074 $53,360 $0 $0
2016 $2,074 $53,360 $0 $0
2015 $2,074 $53,360 $0 $0
2014 $1,327 $53,360 $0 $0
2013 -- $47,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1977565

Realtracs

APN: 103I-F-010.00-000

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