NOT LISTED FOR SALE

1004 Cherry St Alcoa, TN 37701

Estimated Value: $214,000 - $242,000

2 Beds
1 Bath
720 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $195,000 $271 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,290/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Level Lot
  • Alcoa Elementary School Rated A-
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of March 2023

Great opportunity for an investor on this adorable cottage in the City of Alcoa! 2 bedroom and 1 bath with updates including a new roof, updated electrical and plumbing, new paint throughout, renovated kitchen/family room to provide a more open floor plan, new kitchen flooring, and newer appliances. Original hardwoods throughout! Fantastic large, level fully fenced yard! Current tenant lease through 9/23.

Last Agent to Sell the Property

Tracy Southard

Realty Executives Associates Brokerage Phone: 8655666092 License #330277 Listed on: 02/13/2023

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1944

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Alcoa Elementary School
  • Alcoa Middle School
  • Alcoa High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Duncan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036D D 04100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1944
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 720
  • Building Area Units: Square Feet
  • Living Area: 720
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Units: Acres
  • Parcel #: 036D D 04100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 916

MLS Schools

  • Elementary School: Alcoa Elementary
  • High School: Alcoa High School
  • Middle Or Junior School: Alcoa Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 9, 2023
Sold by
Pistol Creek Properties Llc
Bought by
Melton Hill Real Estate Llc
Seller's Agent
Tracy Southard
Realty Executives Associates
List Price
$220,000
Sold Price
$195,000
Premium/Discount to List
-$25,000
-11.36%
Views
36
Current Estimated Value
$228,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,098
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Jun 15, 2022
Sold by
Mccall Teonna D
Bought by
Pistol Creek Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
Cable Josephine
Bought by
Renshaw Teonna

Purchase Details

Closed on
Jan 1, 1984
Bought by
Cable Mark P and Josephine Deloris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melton Hill Real Estate Llc $195,000 Southeast Title
Melton Hill Real Estate Llc $195,000 Southeast Title
Pistol Creek Properties Llc $160,000 Jackson & Weier Pc
Renshaw Teonna $41,000 --
Cable Mark P $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pistol Creek Properties Llc $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $195,000 -11.4% $271 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $220,000 -- $306 / Sq Ft
Source: Realtracs

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 -- $35,925 $9,000 $26,925
2024 $1,178 $35,925 $9,000 $26,925
2023 $571 $35,925 $9,000 $26,925
2022 $916 $19,325 $4,700 $14,625
2021 $916 $19,325 $4,700 $14,625
2020 $916 $19,325 $4,700 $14,625
2019 $916 $19,325 $4,700 $14,625
2018 $723 $16,325 $4,700 $11,625
2017 $723 $16,325 $4,700 $11,625
2016 $723 $16,325 $4,700 $11,625
2015 $671 $16,325 $4,700 $11,625
2014 $623 $16,325 $4,700 $11,625
2013 $623 $15,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2872891

Realtracs

APN: 036D-D-041.00