NOT LISTED FOR SALE

540 Highland Dr SW Cleveland, TN 37311

Estimated Value: $322,000 - $400,162

6 Beds
5 Baths
1,404 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $350,000 $249 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,029/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2023

Call today to schedule a showing on this rental income producing Tri-Plex with lots of space as well as privacy. Each unit offers 2 bedrooms and 1 and half baths, decks and spacious walk-out basement. Middle Unit has updated LVP flooring throughout. Minutes away from Shopping, food and medical facilities.

Last Buyer's Agent

Brian Workman

Bender Realty LLC License #271193

Bender Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 2007

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Schools

  • Blythe-Bower Elementary School
  • Cleveland Middle School
  • Cleveland High School

Additional Features

  • Lot Dimensions are 137 x 102
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Haun,Earl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057F C 00401 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,711

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2007
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Laminate
  • Below Grade Sq Ft: 1404
  • Building Area Units: Square Feet
  • Living Area: 1404
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size: 137 x 102
  • Lot Size Units: Acres
  • Parcel #: 057F C 00401 000

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2711

MLS Schools

  • Elementary School: Blythe-Bower Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 17, 2023
Sold by
Goonetilleke Lasantha Peiris
Bought by
Roman Evaristo and Roman Maria Carolina
Buyer's Agent
Brian Workman
Bender Realty LLC
List Price
$373,500
Sold Price
$350,000
Premium/Discount to List
-$23,500
-6.29%
Views
166
Current Estimated Value
$370,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,054
Avg. Annual Appreciation
2.42%
Original Mortgage
$300,000
Outstanding Balance
$271,946
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$98,108

Purchase Details

Closed on
Jan 29, 2018
Sold by
Goonetilleke Yukimi
Bought by
Goonetilleke Lasantha Peiris

Purchase Details

Closed on
Feb 12, 2007
Sold by
Nelson Ben D
Bought by
Goonetilleke Lasantha Peiris
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Roman Evaristo $350,000 None Listed On Document
Goonetilleke Lasantha Peiris -- None Available
Goonetilleke Lasantha Peiris $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Evaristo $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $350,000 -6.3% $249 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $373,500 -- $266 / Sq Ft
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 $1,238 $189,440 $15,840 $173,600
2024 $1,238 $86,000 $11,520 $74,480
2023 $2,711 $86,000 $11,520 $74,480
2022 $2,711 $86,000 $11,520 $74,480
2021 $2,711 $86,000 $0 $0
2020 $2,600 $86,000 $0 $0
2019 $2,600 $67,680 $0 $0
2018 $2,788 $0 $0 $0
2017 $1,861 $0 $0 $0
2016 $2,732 $0 $0 $0
2015 $1,406 $0 $0 $0
2014 $1,394 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3150727

Realtracs

APN: 057F-C-004.01

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