NOT LISTED FOR SALE

1012 Grindstaff Ave Elizabethton, TN 37643

Valley Forge Neighborhood

Estimated Value: $364,807 - $368,000

-- Bed
4 Baths
-- Sq Ft
0.34 Acres

Last Sold June 12, 2023

Last sale price $320,000

Est. 15% increase in value since last sale

Current estimated payment $2,155/month

21 Days on Market

Highlights

  • Cooling Available
  • Level Lot
  • Heat Pump System
  • 1-Story Property

About This Home

As of June 2023

Great investment opportunity 4 unit all brick apartment building with paved parking area just outside the city limits of Elizabethton. 4 Unit apartment complex, with all being currently rented. All units are a two bedroom one bath unit and each rent for $550.00 per month. Each unit is individually metered for power and water. All units have heat pumps and heat pumps have been updated and maintained. Refrigerator and stove in each unit which convey with the sale of the property. Updated windows and units have been well maintained. All info taken from owner and tax data and is considered to be reliable. Agents and buyers should verify all herein.

Last Agent to Sell the Property

David Collins

Collins & Co. Realtors & Auctioneers License #303152 Listed on: 03/30/2023

Last Buyer's Agent

ASHLEY EASTRIDGE

Collins & Co. Realtors & Auctioneers License #330114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 151' x 150'
  • Level Lot
  • Property is in average condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Schools

  • Valley Forge Elementary School
  • Hampton Middle School
  • Hampton High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 049e A 012.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,788

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: From Elizabethton, take the Old State Line road toward Valley Forge. Turn onto Grndstaff Ave. Property will be on the left.
  • Prop. Type: Residential Income
  • Year Built: 2006
  • Property Sub Type: Multi-Family
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 049e A 012.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.34
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Valley Forge
  • General Property Description Middle School2: Hampton
  • General Property Description High School3: Hampton
  • Water Public: Yes
  • General Property Description Lot Dimensions: 151' x 150'
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • Property Condition Average: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 4
  • Levels One: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Average
  • Lot Features: Level
  • Acres: 0.34
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Valley Forge
  • High School: Hampton
  • Middle Or Junior School: Hampton

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 151' x 150'
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 049e A 012.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Jun 12, 2023
Sold by
Mckinney Billy Joe
Bought by
Choi Kanghoon
Seller's Agent
David Collins
Collins & Co. Realtors & Auctioneers
Buyer's Agent
ASHLEY EASTRIDGE
Collins & Co. Realtors & Auctioneers
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$366,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,404
Avg. Annual Appreciation
5.75%
Original Mortgage
$320,000
Outstanding Balance
$313,172
Interest Rate
6.43%
Mortgage Type
VA
Estimated Equity
$48,104

Purchase Details

Closed on
Oct 15, 2020
Sold by
Mckinney Jason David
Bought by
Mckinney Billy Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,164
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2014
Bought by
Mckinney Jason David

Purchase Details

Closed on
Feb 22, 2007
Sold by
Mays Donald R
Bought by
Mckinney Billy Joe

Purchase Details

Closed on
Sep 9, 2004
Sold by
Barr Rebecca Fair Elliott
Bought by
Mays Donald R

Purchase Details

Closed on
Aug 9, 1994
Bought by
Luther Fair and Barr Thelma

Purchase Details

Closed on
Jan 7, 1984

Purchase Details

Closed on
May 2, 1966
Bought by
Fair Luther and Wife Crete
Source: Public Records

Range of Values:

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Average Value
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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
Choi Kanghoon $320,000 State Of Franklin Title Compan
Mckinney Billy Joe -- None Available
Mckinney Jason David -- --
Mckinney Billy Joe $160,000 --
Mays Donald R $16,000 --
Luther Fair $20,000 --
-- $1,200 --
Fair Luther -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Kanghoon $320,000
Previous Owner Mckinney Billy Joe $20,038
Previous Owner Mckinney Billy Joe $37,320
Previous Owner Mckinney Billy Joe $52,164
Previous Owner Mays Donald R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $320,000 -8.5% --
04/21/2023 04/21/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $349,900 -- --
Source: Tennessee/Virginia Regional MLS

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
2024 $1,788 $82,040 $10,800 $71,240
2023 $1,788 $82,040 $0 $0
2022 $1,665 $82,040 $10,800 $71,240
2021 $1,665 $82,040 $10,800 $71,240
2020 $1,936 $82,040 $10,800 $71,240
2019 $1,936 $78,400 $8,120 $70,280
2018 $1,936 $78,400 $8,120 $70,280
2017 $1,936 $78,400 $8,120 $70,280
2016 $1,921 $78,400 $8,120 $70,280
2015 $1,921 $78,400 $8,120 $70,280
2014 $1,905 $77,760 $8,120 $69,640
Source: Public Records

Agents Affiliated with this Home

  • David Collins

    Seller's Agent in 2023

    David Collins

    Collins & Co. Realtors & Auctioneers

    (423) 335-3078

    12 in this area

    314 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    ASHLEY EASTRIDGE

    Collins & Co. Realtors & Auctioneers

    (423) 957-2151

    4 in this area

    81 Total Sales

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9949970

Tennessee/Virginia Regional MLS

APN: 049E-A-012.00

Tennessee Carter County Elizabethton 37643 Valley Forge

1012 Grindstaff Ave, Elizabethton, TN

This home is located at 1012 Grindstaff Ave, Elizabethton, TN 37643 since 30 March 2023 and is currently estimated at $366,404. This property was built in 2006. 1012 Grindstaff Ave is a home located in Carter County with nearby schools including East Tn Christian Home & Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing information is deemed reliable, but not guaranteed.

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