NOT LISTED FOR SALE

102 Unaka Ct Erwin, TN 37650

Estimated Value: $346,618 - $538,000

-- Bed
6 Baths
4,000 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $250,000 $62 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,428/month

4 Days on Market

Highlights

  • Deck
  • Porch
  • Central Heating and Cooling System
  • No HOA
  • Eat-In Kitchen
  • Level Lot

About This Home

As of December 2020

Excellent turn key investment opportunity! This 4 unit property has an excellent rental history. Each unit consists of 2 bedrooms, 1.5 baths, Living Room, eat-in Kitchen with washer/dryer hook-up, covered front porch and a large back deck. Tenants are responsible for power and water. All information deemed reliable. Buyer to verify. Owner/agent

Last Agent to Sell the Property

CC MILHORN

KW Johnson City License #290396 Listed on: 11/11/2020

Co-Listed By

Andy Baxter

KW Kingsport License #286038

Last Buyer's Agent

Stephanie Escoe

Momentum Group License #337340

Momentum Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 105 x166
  • Property is in good condition

Parking

  • Parking Pad

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 023e M 031.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $29,400

Townhouse Details

Home Type

Townhome

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: Take I-26 To Erwin, Take the Main Street Exit, turn right at Light, left on Rock Creek, right on Mesa, right on Unaka, see Apartments on the right.
  • Prop. Type: Multi Family
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type: Multi Family
  • Co List Office Phone: 423-433-6500
  • Architectural Style: Townhouse
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Location Tax Legal Info Parcel ID: 023e M 031.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 105 X166
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 4
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Style Townhouse2: Yes
  • Structure Type:House: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Parking Pad
  • Attached Garage: No
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 105 X166
  • Parcel #: 023e M 031.00

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Vacancy Allowance Rate: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 29, 2020
Sold by
Baxter Enterprises Inc
Bought by
Wilder Assets Llc
Seller's Agent
CC MILHORN
KW Johnson City
Buyer's Agent
Stephanie Escoe
Momentum Group
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$442,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,309
Avg. Annual Appreciation
12.06%
Original Mortgage
$203,150
Outstanding Balance
$162,861
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,448

Purchase Details

Closed on
Jan 1, 2018
Sold by
Bmg Properties Llc
Bought by
Baxter Enterprises Inc

Purchase Details

Closed on
Jun 12, 2017
Sold by
Baxter Andrew and Milhorn Cecilia
Bought by
Bmg Properties Llc

Purchase Details

Closed on
Jun 4, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baxter Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,925
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2015
Sold by
Shapiro & Ingle Llp
Bought by
Federal Home Loan Mortgage Corporatio

Purchase Details

Closed on
Mar 20, 2006
Sold by
Howard Marsha Faye
Bought by
Riddle John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,125
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2005
Sold by
Howard William Ray
Bought by
Howard Marsha Faye

Purchase Details

Closed on
Jul 17, 1990
Bought by
Howard William Ray and Howard Marsha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilder Assets Llc $239,000 Heritage Ttl & Closing Svcs
Wilder Assets Llc $239,000 Heritage Ttl & Closing Svcs
Baxter Enterprises Inc -- Classic Title Insurance
Baxter Enterprises Inc -- Classic Title Insurance
Bmg Properties Llc -- None Available
Bmg Properties Llc -- None Available
Baxter Andrew $159,900 --
Baxter Andrew $159,900 --
Federal Home Loan Mortgage Corporatio -- --
Federal Home Loan Mortgage Corporatio -- --
Riddle John D $144,500 --
Riddle John D $144,500 --
Howard Marsha Faye -- --
Howard Marsha Faye -- --
Howard William Ray $90,000 --
Howard William Ray $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilder Assets Llc $203,150
Previous Owner Baxter Andrew $119,925
Previous Owner Howard William Ray $36,125
Previous Owner Howard William Ray $101,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $250,000 0.0% $63 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $250,000 -- $63 / Sq Ft
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
2025 $1,404 $53,800 $12,120 $41,680
2024 $1,404 $53,800 $12,120 $41,680
2023 $0 $53,800 $0 $0
2022 $2,100 $53,800 $12,120 $41,680
2021 $2,631 $55,800 $12,120 $43,680
2020 $2,537 $55,800 $12,120 $43,680
2019 $2,537 $55,800 $12,120 $43,680
2018 $2,314 $55,800 $12,120 $43,680
2017 $2,305 $55,800 $12,120 $43,680
2016 $2,474 $60,440 $12,120 $48,320
2015 $2,275 $60,440 $0 $0
2014 $2,275 $60,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9915400

Tennessee/Virginia Regional MLS

APN: 023E-M-03100-000