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5605 Murfreesboro Road

5605 Murfreesboro Road, La Vergne, TN 37086
Commercial in Rutherford
Local assessors in La Vergne, TN have categorized 5605 Murfreesboro Road as a commercial type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 172,933 square feet. If we look only at the heated or air conditioned part of the building, then 5605 Murfreesboro Road has a total of 4,208 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a gable or hip style roof that was made of steel. Lots of metal were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a space/suspended heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5605 Murfreesboro Road sold most recently in Sep 28, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $122.47 per sqft. Before that, the property was also sold for $1,050,000 in Jan 4, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,215 in taxes each year. The initial year of tax delinquency occurred in 2019. 5605 Murfreesboro Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $672,120. If we break it down further, the land itself was valued at $472,520. Improvements to the property, however, were assessed at a total of $199,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201008
10/08/2020
Loft
-
8248 ft²
$1,700,000
bedrooms
Loft
bathrooms
-
square feet
8248 ft²
$1,500,000 -11.76%
09/29/2021
-
J. Rusty Rust
Stevens Group

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1999
  • Building Count: 4
  • Bedroom Count: 0
  • Building Quality: D+
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Steel
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 172,933
  • Total Building Area: 12,248
  • Gross Building Area: 12,248
  • Building Area: 12,248
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 4,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: BUSINESS PARK
  • Land Acres: 3.97
  • Standard Land Use Code: Auto repair, auto parts, garage
  • County Land Use Code: Commercial (general)

Ownership

  • Current Owner : ROCKET HOLDINGS LLC
  • Previous Owner : R & G PROPERTIES INVESTORS LLC
  • Owner Before Previous Owner: J R PROPERTIES MANAGEMENT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040104

Geography

  • Assessors Map Reference: 42-46
  • Account Number: R0114628
  • District: 400
  • Parcel: 018F-A-001.02-000
  • Lot: 3
  • Municipality: LA VERGNE
  • Latitude: 36.0083
  • Longitude: -86.5405

    Address

  • Full Address: 5605 Murfreesboro Rd
  • Address - House Number: 5605
  • Address - Street Name: Murfreesboro
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: La Vergne
  • Carrier Code: R012
  • 4-Digit Zip Code: 2708
  • Zip Code: 37086

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,215
  • Intital Tax Deliquent Year: 2019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: LEGENDS BANK
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,680,300
  • Market Land Value: $1,181,300
  • Market Improvement Value: $499,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,120
  • Assessed Land Value: $472,520
  • Assessed Improvements Value: $199,600

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Transaction ID: 11858746515
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2394012
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Jan 04, 2019
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGENDS BANK
  • First Mortgage Transaction Date: Sep 29, 2021
  • First Mortgage Loan Amount: $1,275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LIBERTY STATE BANK
  • Previous Mortgage Transaction Date: Jan 10, 2019
  • Previous Mortgage Loan Amount: $892,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 04, 2024

About La Vergne



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5605 Murfreesboro Road located in?
The 5605 Murfreesboro Road is a commercial located in the neighborhood of Rutherford in La Vergne, La Vergne.
What is the average sales price for listings in 5605 Murfreesboro Road?
The average sales price for units in 5605 Murfreesboro Road is $1,575,500 , or $191/sqft. currently.

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