NOT LISTED FOR SALE

Estimated Value: $192,559 - $261,000

2 Beds
1 Bath
1,000 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $165,000 $165 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,279/month

39 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of August 2021

his brick ranch sits on a quiet neighborhood street in Conley Hills and features 3-bed, 1 bath, back patio, large yard, and recently updated kitchen. Plenty of options for investors: This is a well-performing, cash-flowing, appreciating residential home perfect for buy & hold passive income or improve & flip for quicker returns. Currently occupied by long-term month-to-month tenants who have been asked to move. Showings will only be available during Due Diligence.

Last Agent to Sell the Property

Alise Suggs

Resurgens Residential, LLC. License #388706 Listed on: 06/03/2021

Last Buyer's Agent

Tesfaledet Baye

Virtual Properties Realty. Biz License #362192

Virtual Properties Realty. Biz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Schools

  • Hamilton E. Holmes Elementary School
  • Paul D. West Middle School
  • Tri-Cities High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 18 Units
  • Conley Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 019700010946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,182

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Back Yard

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Conley Hills

Schools

  • Elementary School: Hamilton E. Holmes
  • Middle School: Paul D. West
  • High School: Tri-Cities

Lot Info

  • Acres: 0.4000
  • Deed Book: 54865
  • Deed Page: 208
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 019700010946
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 18

Tax Info

  • Taxes: 1182.00
  • Assessor Parcel Number: 14-0197-0001-094-6
  • Close Date: 2021-08-13
  • Tax Year: 2020

MLS Schools

  • Elementary School: Hamilton E. Holmes
  • High School: Tri-Cities
  • Middle School: Paul D. West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 13, 2021
Sold by
Ttwro Llc
Bought by
Woldesellassie Tsedey N and Baye Tesfaledet E
Seller's Agent
Alise Suggs
Resurgens Residential, LLC.
Buyer's Agent
Tesfaledet Baye
Virtual Properties Realty. Biz
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Current Estimated Value
$219,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,890
Avg. Annual Appreciation
7.29%
Original Mortgage
$132,000
Outstanding Balance
$120,372
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$99,518

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 12, 2018
Sold by
C & W Holdings Llc
Bought by
Tiwro Llc
Seller's Agent
Nigel Welsh
BHGRE Metro Brokers
Buyer's Agent
Gregory Swartzberg
Resurgens Residential, LLC.
List Price
$117,000
Sold Price
$100,000
Premium/Discount to List
-$17,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%

Purchase Details

Listed on
Sep 24, 2014
Closed on
Apr 10, 2015
Sold by
Welsh Nigel
Bought by
C & W Holdings Llc
Seller's Agent
Joel Tucker
Intown Focus Realty, LLC.
Buyer's Agent
Nigel Welsh
BHGRE Metro Brokers
List Price
$64,900
Sold Price
$44,000
Premium/Discount to List
-$20,900
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.69%

Purchase Details

Closed on
Jan 27, 1998
Sold by
Carmichael Velma C
Bought by
Huff Ivy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Woldesellassie Tsedey N $165,000 --
Tiwro Llc $100,000 --
C & W Holdings Llc $44,000 --
Welsh Nigel $44,000 --
Huff Ivy S $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woldesellassie Tsedey N $132,000
Closed Woldesellassie Tsedey N $132,000
Previous Owner Huff Ivy S $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $165,000 -7.8% $165 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $179,000 +79.0% $179 / Sq Ft
11/12/2018 11/12/18 Sold $100,000 -14.5% $100 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $117,000 +165.9% $117 / Sq Ft
04/10/2015 04/10/15 Sold $44,000 -32.2% $44 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $64,900 -- $65 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,085 $75,000 $29,920 $45,080
2023 $2,117 $75,000 $29,920 $45,080
2022 $1,393 $52,960 $12,040 $40,920
2021 $1,956 $45,720 $9,080 $36,640
2020 $1,865 $42,560 $11,680 $30,880
2019 $612 $37,360 $11,040 $26,320
2018 $606 $21,480 $5,040 $16,440
2017 $514 $17,600 $6,240 $11,360
2016 $514 $17,600 $6,240 $11,360
2015 $583 $10,680 $3,800 $6,880
2014 -- $10,680 $3,800 $6,880
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 6875096

First Multiple Listing Service (FMLS)

APN: 14-0197-0001-094-6