$650,000
SOLD MAY 20, 2024

1027 W Summer St Greeneville, TN 37743

6 Beds
6.5 Baths
5,634 Sq Ft
3.1 Acres

Recently Sold

$115 Per Sq Ft

41 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 2 Car Garage
  • Greeneville Middle School Rated A-
  • Window Unit Cooling System
  • Heat Pump System

About This Home

As of May 2024

Welcome to your dream home nestled within the city limits of Greeneville, TN - This sprawling property spans over 5600 square feet and offers not just one, but three separate living areas including two income producing spaces - an Air BnB and an apartment. The main living area boasts over 2200 square feet featuring 2 bedrooms, 2 baths and one half bath for your comfort and convenience. Situated on 3.1 acres of meticulously landscaped grounds - this residence exudes charm and tranquility. A 2 car garage provides ample space for vehicles and storage. Enjoy the convenience of a great location with just an hours drive to the breathtaking Smoky Mountains and close proximity to shopping centers, hospitals and schools. Experience the perfect blend of modern amenities and timeless elegance in this remarkable stone and wood home where luxury meets functionally in the heart of Greeneville, TN.

Last Agent to Sell the Property

MITCHELL ELKINS

Elite Realty Group License #336244 Listed on: 03/11/2024

Co-Listed By

Norma Elkins

Elite Realty Group License #311601

Last Buyer's Agent

MITCHELL ELKINS

Elite Realty Group License #336244 Listed on: 03/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 1945

Lot Details

  • 3.1 Acre Lot
  • Lot Dimensions are 627x282x630x338
  • Cleared Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1 Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,696

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1945
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 3.1
  • Lot Size: 627x282x630x338
  • Directions: From Morristown take 11E toward Greeneville - take the business exit and go thru the first light - Home on R - See sign.
  • Above Grade Finished Sq Ft: 4802.0
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 3696.04
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 031.00
  • General Property Information:Lot Size Acres: 3.1
  • General Property Information:Lot Size Dimensions: 627x282x630x338
  • General Property Information:Waterfront YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 5634.0
  • General Property Information:Above Grade Finished Area: 4802.0
  • General Property Information:Below Grade Finished Area: 832.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • Cooling:Heat Pump: Yes
  • General Property Information:Basement YN: No
  • Cooling:Central Air: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 832.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 5634.0
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Lot Features: City Lot, Cleared
  • Waterfront: No
  • Lot Features:City Lot: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 135036.0
  • Parcel #: 031.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3696.04
  • Tax Map Number: 098
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 20, 2024
Sold by
Sanders Edmund H
Bought by
Takoma Regional Hospital Inc
Seller's Agent
MITCHELL ELKINS
Elite Realty Group
Buyer's Agent
MITCHELL ELKINS
Elite Realty Group
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.46%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Hickerson James W and Hickerson Melinda S
Bought by
Hickerson Melinda S

Purchase Details

Closed on
Sep 17, 1998
Sold by
Sanders Edmund H and Sanders Linda
Bought by
Fletcher Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,250
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $675,000 +3.8% $137 / Sq Ft
05/20/2024 05/20/24 Sold $650,000 0.0% $115 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $649,900 -- $115 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $3,770 $110,425 $10,750 $99,675
2023 $3,622 $110,425 $0 $0
2022 $2,911 $69,950 $8,500 $61,450
2021 $2,911 $69,950 $8,500 $61,450
2020 $2,911 $69,950 $8,500 $61,450
2019 $3,146 $75,600 $8,500 $67,100
2018 $3,048 $75,600 $8,500 $67,100
2017 $2,820 $70,925 $8,500 $62,425
2016 $2,749 $70,925 $8,500 $62,425
2015 $2,749 $70,925 $8,500 $62,425
2014 $2,629 $70,925 $8,500 $62,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 702913

Lakeway Area Association of REALTORS®

APN: 098-031.00