NOT LISTED FOR SALE

105 Rock Creek Rd Erwin, TN 37650

Estimated Value: $298,113

-- Bed
3 Baths
-- Sq Ft
0.37 Acres

Last Sold May 11, 2023

Last sale price $275,000

Est. 8% increase in value since last sale

Current estimated payment $1,812/month

324 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2023

Welcome to 105 Rock Creek Road in the Valley Beautiful of Erwin, TN! This 4 unit commercial building is fully occupied. All information is deemed reliable, but not guaranteed. Buyer / Buyer's Agent to verify any / all information.

Last Agent to Sell the Property

Michael Baker

Greater Impact Realty Erwin License #333409 Listed on: 05/03/2022

Last Buyer's Agent

Shane O'Hare

REMAX Checkmate, Inc. Realtors License #353066

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 138x204
  • Level Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Mountain Views

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 023d H 025.00

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $26,400
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: Off Main Avenue, Turn onto Rock Creek Road. See sign.
  • Prop. Type: Residential Income
  • Year Built: 2008
  • Property Sub Type: Quadruplex
  • Architectural Style: See Remarks
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 023d H 025.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.37
  • General Property Description Zoning2: B2
  • 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: 138X204
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • Roof Metal3: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels One: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Lot Features: Level
  • View: Mountain(s)
  • Acres: 0.37
  • Home Warranty: No
  • Construction Type: Metal Siding
  • Exterior Finish Metal Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

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

Lot Info

  • Zoning: B2
  • Lot Dimensions: 138X204
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 023d H 025.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 11, 2023
Sold by
Pate Larry
Bought by
Dixon Enterprises Of Hickory Llc
Seller's Agent
Michael Baker
Greater Impact Realty Erwin
Buyer's Agent
Shane O'Hare
REMAX Checkmate, Inc. Realtors
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Views
95
Current Estimated Value
$298,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,113
Avg. Annual Appreciation
3.26%
Original Mortgage
$221,000
Outstanding Balance
$206,078
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$93,250

Purchase Details

Closed on
Nov 10, 2022
Sold by
Fain Bennett
Bought by
Pate Larry

Purchase Details

Closed on
Jul 15, 2015
Sold by
L & F Property Llc
Bought by
Fain Pate Larry and Fain Bennett

Purchase Details

Closed on
Jul 1, 2008
Sold by
Pate Larry
Bought by
L F Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,790
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2008
Sold by
Mae Jackson Willie
Bought by
Larry Pate

Purchase Details

Closed on
Dec 28, 1990
Bought by
Jackson Willie Mae and Jackson William Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dixon Enterprises Of Hickory Llc $275,000 None Listed On Document
Pate Larry -- --
Fain Pate Larry -- --
L F Property Llc -- --
Larry Pate $66,000 --
Jackson Willie Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Enterprises Of Hickory Llc $221,000
Previous Owner Jackson Willie Mae $266,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $275,000 -8.3% --
05/02/2022 05/02/22 For Sale $299,900 -- --
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
2025 -- $123,920 $29,640 $94,280
2024 $3,056 $117,080 $29,640 $87,440
2023 $3,056 $117,080 $0 $0
2022 $4,568 $117,080 $29,640 $87,440
2021 $5,260 $111,520 $29,640 $81,880
2020 $5,070 $111,520 $29,640 $81,880
2019 $5,070 $111,520 $29,640 $81,880
2018 $4,623 $111,520 $29,640 $81,880
2017 $4,607 $111,520 $29,640 $81,880
2016 $3,848 $94,000 $9,120 $84,880
2015 $3,538 $94,000 $0 $0
2014 $3,538 $94,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9937306

Tennessee/Virginia Regional MLS

APN: 023D-H-02500-000