Real Estate transactions slow in December, but builders buy for house-building season

Jan 10, 2019 at 11:00 am by Michelle Willard

Real Estate

The end of the year tends to be slow for exciting property transactions, and that held true in 2018.

The largest commercial transaction was for a nearly 10-acre lot on, according to the Rutherford County Property Assessor's website, Eleanor Way off Memorial Boulevard, but a look at the GIS map shows it is also accessible as a flag lot between 3211 and 3221 Overhill Court in Murfreesboro's Brookhaven Place subdivision.

Right now it's single-family zoned residential. Will it stay that way? Or will a developer squeeze a planned unit development on the acreage?

It's also worth noting that 18 lots were sold to Ole South Properties in Shelton Square. That's the housing development that is being constructed where Bible Park USA was proposed for the Blackman community. 

As for the most expensive house, it's new construction, so little can be found about it on the internet or public records. But, by the price tag, it sure sounds nice.

Commercial Transactions

Seller

Buyer

Address

Price

Date

Hon Shores Tennessee

Hale Real Estate Holdings

A 9.8-acre lot on Eleanor Way, Murfreesboro

$2 million

Dec. 21

EPH 2 Assets LLC

RH Partners Ownerco LLC

139 Lyndhurst Drive; 724, 726 and 728 Hallandale Rd.; 762 Holland Ridge Drive, La Vergne

$1.2 million

Dec. 27

Shelton Square LLC

Ole South Properties

18 lots in Shelton Square, Blackman

$1.17 million

Dec. 27

Firebird SFE I LLC

RH Partners Ownerco LLC

153 Lyndhurst Drive; 305, Lexington Drive; 3602, 3606 and 3634 Stargell Drive, Smyrna

$1.14 million

Dec. 27

Murfreesboro Limited 19

Charles Randy Smotherman

1907 Southpointe Way, Murfreesboro

$850,000

Dec. 21

City of Murfreesboro

Swanson Development

2.48 acres (Location and value were not listed)

 

Dec. 11

Newburgh Realty II

Cash America Centeral

320 SE Broad Street, Murfreebsboro

$785,000 

Dec. 11

Yuk Mei Devine Family Trust

Binhai Investment Inc.

593 S. Lowry St., Smyrna

$700,000 

Dec. 21

Ronald Maxwell

James Yancey and Derek Veselich

610 and 615 W. Burton St., Murfreesboro

$575,000 

Dec. 20

Matthew and Lavenia Bratton, William and Sissy Woodall

Surajit Chaudhury and Jigar Patel

4513 Sulphur Springs Rd., Murfreesboro

$500,000

Dec. 21

Hearthstone Properties

C&S Business Properties

613 Potomac Place, Washington Square Office Park, Murfreesboro

$467,500

Dec. 13

Most Expensive Houses

Buyer

Address

Price

Date

Tracie and Frederick Hill

Puckett Station, Murfreesboro

$725,000

Dec. 14

Charles and Rebecca Few

733 Coleman Rd., Murfreesboro

$655,000

Dec. 14

Kimberly and Jody Upton

6351 Wayside Rd., Christiana (plus, 50 acres)

$627,500 

Dec. 26

John and Jennifer Thompson

10.47 acres on Snail Shell Cave Road, Rockvale

$610,000 

Dec. 17

Charles and Hope Jackson

4318 Brazelton Court, Murfreesboro

$551,934 

Dec. 21

Don and Kandice Henegar

4505 Red Tail Trail, Smyrna

$532,000 

Dec. 20 

Stephanie and Gary Edwards

2255 Haddington Circle, Murfreesboro

$529,000 

Dec. 27 

Ted and Angelica Paisley

Lewis Downs, Christiana

$512,656 

Dec. 20 

Michelle Willard is a freelance journalist who fills her days with social media marketing, politics, Middle Tennessee Mysteries, and taking complaints. You can complain to her on Twitter @MichWillard or by email michelle(at)murfreesborovoice.com.

 



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