NOT LISTED FOR SALE

997 Rushmeade Rd Jackson, TN 38305

Estimated Value: $126,684 - $196,000

24 Beds
2 Baths
10,500 Sq Ft
$16/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $499,000 $48 Per Sq Ft

Current estimated payment $924/month

125 Days on Market

About This Home

As of October 2016

6 DUPLEXES - 97 Rushmeade, 53 Rushwood, 84 Rushwood, 139 Rushwood, 140 Rushwood and 192 Rushwood. Each have 2 bedrooms & 1.5 Bathrooms - All Units have Refrigerator, Dishwasher, and Stove...PLUS 7 units have New HVAC! Great Income Potential! Currently 100% Occupied. Call Chris at 731-616-9464 or Nikki at 731-437-9770.

Last Agent to Sell the Property

Chris Carothers

Hickman Realty Group Inc.-Jack License #250361 Listed on: 05/04/2016

Last Buyer's Agent

Brenda DePriest

RE/MAX Realty Source License #270345

RE/MAX Realty Source

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $669

Year Built

  • Built in 1971

Lot Details

  • 0.37

Parking

  • 24 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 10,500 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 12 Units
  • Landmark Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$669

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Age: 45
  • Class: MULTI-FAMILY
  • Group: A
  • Type: Duplex
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number Of Stories: 1
  • Estimated Heated Sq Ft: 10500
  • Floor Coverings: Other

Exterior Features

  • Construction: Brick + Other
  • Fence: No
  • Foundation: Crawl + Slab
  • Public Road: Yes
  • Roof: Composition
  • Water: Public
  • Water Type: Public

Garage/Parking

  • Number Of Parking Spaces: 24
  • Parking Facility: Concrete

Utilities

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

Lot Info

  • Geo Update Timestamp: 11/2/2016 6:19:14 PM
  • Geo Address Line: 997 Rushmeade Rd
  • Geo Primary City: Jackson
  • Geo Quality: 0.95
  • Geo Secondary City: Madison Co.
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 90x180
  • Map Number: 055I
  • Parcel Number: 001.00

Rental Info

  • Tot Gross Rent Per Month: 7000
  • Utilities Paid By: All By Tenants

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Npc Properties Llc
Bought by
Npc Properties Llc
Current Estimated Value
$165,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$580,809
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$414,914

Purchase Details

Listed on
May 4, 2016
Closed on
Nov 15, 2016
Sold by
Npc Properties Llc
Bought by
Npc Properties Llc Series C
Seller's Agent
Chris Carothers
Hickman Realty Group Inc.-Jack
Buyer's Agent
Brenda DePriest
RE/MAX Realty Source
List Price
$550,000
Sold Price
$499,000
Premium/Discount to List
-$51,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.52%
Original Mortgage
$418,000
Interest Rate
3.42%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
May 4, 2016
Closed on
Oct 31, 2016
Sold by
Bosco Louis P
Bought by
Npc Properties Llc
Seller's Agent
Chris Carothers
Hickman Realty Group Inc.-Jack
Buyer's Agent
Brenda DePriest
RE/MAX Realty Source
List Price
$550,000
Sold Price
$499,000
Premium/Discount to List
-$51,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.42%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Aug 8, 2001
Sold by
Sci Tennessee Funeral Serv
Bought by
Metro Storage

Purchase Details

Closed on
May 31, 2001
Bought by
Barham Phillip B

Purchase Details

Closed on
Nov 30, 1992
Bought by
Duke Mike

Purchase Details

Closed on
Aug 15, 1989
Bought by
Jenkins Harvey N

Purchase Details

Closed on
Oct 26, 1982
Bought by
Hargett Billy C

Purchase Details

Closed on
Apr 1, 1981

Purchase Details

Closed on
Nov 2, 1979

Purchase Details

Closed on
Sep 15, 1971
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
Npc Properties Llc -- Pentecost & Glenn Pllc
Npc Properties Llc Series C -- --
Npc Properties Llc $499,000 --
Metro Storage $60,000 --
Barham Phillip B $65,000 --
Duke Mike $53,800 --
Jenkins Harvey N $53,500 --
Hargett Billy C -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Npc Properties Llc $1,400,000
Previous Owner Npc Properties Llc $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $499,000 -9.3% $48 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $550,000 -- $52 / 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
2024 $669 $35,680 $5,400 $30,280
2022 $1,244 $35,680 $5,400 $30,280
2021 $1,145 $26,560 $5,400 $21,160
2020 $1,145 $26,560 $5,400 $21,160
2019 $1,145 $26,560 $5,400 $21,160
2018 $1,145 $26,560 $5,400 $21,160
2017 $1,156 $26,200 $5,400 $20,800
2016 $1,077 $26,200 $5,400 $20,800
2015 $1,077 $26,200 $5,400 $20,800
2014 $1,077 $26,200 $5,400 $20,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Carothers

    Seller's Agent in 2016

    Chris Carothers

    Hickman Realty Group Inc.-Jack

    (731) 616-9464

    129 Total Sales

    Chris Carothers
    Section Image
  • Brenda DePriest

    Buyer's Agent in 2016

    Brenda DePriest

    RE/MAX

    (731) 467-1124

    38 Total Sales

    Brenda DePriest
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 172392

Central West Tennessee Association of REALTORS®

APN: 055I-A-001.00

Tennessee Madison County Jackson 38305

997 Rushmeade Rd, Jackson, TN

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