5 months on rocket

542 Ashe Ave, New Johnsonville, TN, 37134

$1,895,000

Home List Price

$10,000*

Closing Credit

0 Baths
18,720 SqFt
$101/SqFt
House
Schools Nearby

Location

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542 Ashe Ave, New Johnsonville$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingAsphalt, Parking Lot, Unassigned
Year Built1969
HeatingBaseboard, Electric, Other
CoolingWall/Window Unit(s)
MLS #2592966
StatusActive

About 542 Ashe Ave

Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive for prospective tenants and rent increases. With a combination of updated units and rent increases in progress, this property offers substantial income growth potential. Additionally, the location's strong demand for housing, thanks to the proximity to major employers, makes it an ideal investment for long-term financial security. The included property management company is well-versed in the intricacies of the complex, enabling a smooth transition for the new owner. Don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 18,720 SqFt

Listing Office:

  • Office Name: Realty Executives Hometown Living
  • Office Phone: (615) 319-6360
  • Listing Agent: Catherine Jones

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Parking Lot, Unassigned

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Other
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Waverly Central High School, Public District Grades 9-12
  • Mc Ewen High School, Public District Grades 9-12
  • Lakeview Elementary School, Public District Grades PK-8
  • Waverly Jr High School, Public District Grades 4-8
  • Waverly Elementary School, Public District Grades PK-3
  • Mc Ewen Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Waverly, Hwy 70 West to New Johnsonville, turn left on Long Street, turn right on Ashe

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $385
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2592966

Listing Office:

  • Office Name: Realty Executives Hometown Living
  • Office Phone: (615) 319-6360
  • Listing Agent: Catherine Jones

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 3:18:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 1999Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2020$385$12,960
2019$315$10,600
2018$316$10,600
2017$171$10,600

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4792902
4
/10

  • Waverly Elementary School

  • 612 E Main St

  • 11.48 miles

  • Public District Grades PK-3

school-card-donut-4792903
3
/10

  • Mc Ewen Elementary School

  • 220 Swift St E

  • 19.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4792904
4
/10

  • Lakeview Elementary School

  • 802 Long St

  • 0.91 miles

  • Public District Grades PK-8

school-card-donut-4792905
4
/10

  • Waverly Jr High School

  • 520 E Main St

  • 11.30 miles

  • Public District Grades 4-8

High School

school-card-donut-4792906
5
/10

  • Waverly Central High School

  • 1325 Highway 70 W

  • 7.55 miles

  • Public District Grades 9-12

school-card-donut-4792907
6
/10

  • Mc Ewen High School

  • 335 Melrose St

  • 19.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,013. Typical income of Humphreys County, TN residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 Ashe Ave

What is the listing price of this property?

The listing price of 542 Ashe Ave property is $1,895,000.

What type of property is this?

The property 542 Ashe Ave is a house located in New Johnsonville, Tennessee, 37134.

Is this property for sale now?

Active Listing: 542 Ashe Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 542 Ashe Ave are:
Waverly Elementary School: GreatSchools Rating 4/10
Mc Ewen Elementary School: GreatSchools Rating 3/10
Lakeview Elementary School: GreatSchools Rating 4/10
Waverly Jr High School: GreatSchools Rating 4/10
Waverly Central High School: GreatSchools Rating 5/10
Mc Ewen High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $385 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 5, 1999 for $16,000. (source: MLS/tax record).

What is the square footage of this property?

The property 542 Ashe Ave is 18,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 542 Ashe Ave is 1969.

Rocket Homes›Tennessee›Humphreys County›New Johnsonville›37134›542 Ashe Ave

This home is located at 542 Ashe Ave in New Johnsonville, TN and zip code 37134. This 18,720 square foot home was built in 1969. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $1,895,000.

Humphreys County, TN housing market in April 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The number of homes for sale in Humphreys County, TN increased by 15.6% between March 2024 and April 2024. In April 2024 median list price was $250,000 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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