NOT LISTED FOR SALE

Estimated Value: $242,000 - $328,402

-- Bed
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold January 12, 2015

Last sale price $101,000

Est. 189% increase in value since last sale

Current estimated payment $1,690/month

201 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Paneling
  • North Side Elementary School Rated A-
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of January 2015

Looking for positive cash flow? You found it! Owners have retired and off to sail the world. With low interest rates, this is a GRAND OPPORTUNITY for you! Furnished Apartments rent for: Apt#1 - $650, Apt#2 - $525, Apt#3 - $505. Annual utility approximately $6,000. Plenty of parking at back of property and on the street. Sign on property.

Last Agent to Sell the Property

DOC DOCKERY

Property Executives Johnson City License #268205 Listed on: 05/01/2014

Last Buyer's Agent

DOC DOCKERY

Property Executives Johnson City License #268205 Listed on: 05/01/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 158
  • Landscaped
  • Level Lot
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Insulated Windows
  • Partially Finished Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • North Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Utility Expense $6,000
  • Gross Income $20,160

Listing and Financial Details

  • Assessor Parcel Number 025.00
  • Tax Block 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Directions: North Roan St. to W. Holston Ave. Third house on left.
  • Prop. Type: Residential Income
  • Year Built: 1915
  • IncomeAndExpensesAnnualUtilityExpenses: 6000
  • Property Sub Type: Multi-Family
  • Reso Association Amenities: Landscaping
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 025.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.18
  • General Property Description Zoning2: Commercial: R2-
  • General Property Description Elementary School3: North Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 x 158
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 2
  • AC Ceiling Fan(s): Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Location Tax Legal Info Block: 4
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Walls Plaster: Yes
  • General Property Description # Buildings: 1
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Partially Finished
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Eat-in Kitchen, Pantry, Remodeled, Smoke Detector(s), Storm Door(s), Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Exterior Entry: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Other, See Remarks
  • Lot Features: Level
  • Exterior Features: Sidewalk
  • Acres: 0.18
  • Construction Type: Brick, Plaster
  • Patio And Porch Features: Covered, Deck
  • Exterior Finish Brick4: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Gravel, None
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas2: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: North Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Commercial: R2-
  • Lot Dimensions: 50 x 158
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 025.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 20160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Eldrige Brad
Bought by
Sherrill Sean
Current Estimated Value
$291,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$204,050
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$73,748

Purchase Details

Listed on
May 1, 2014
Closed on
Jan 12, 2015
Sold by
Cober James V
Bought by
Eldridge Brad
Seller's Agent
DOC DOCKERY
Property Executives Johnson City
Buyer's Agent
DOC DOCKERY
Property Executives Johnson City
List Price
$115,000
Sold Price
$101,000
Premium/Discount to List
-$14,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Apr 8, 2004
Sold by
Dockery Lattie
Bought by
Cober James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.35%

Purchase Details

Closed on
Apr 6, 2004
Sold by
Dockery Lattie
Bought by
Cober James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.35%

Purchase Details

Closed on
Jul 14, 1993
Bought by
Dockery Lattie

Purchase Details

Closed on
Jun 15, 1992
Bought by
Greene Edwin and Greene Rhonda L

Purchase Details

Closed on
Aug 16, 1989
Bought by
Mcreynolds Ernest G
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
Sherrill Sean $260,000 None Listed On Document
Eldridge Brad $101,000 --
Cober James V $73,000 --
Cober James V $73,000 --
Dockery Lattie $51,300 --
Greene Edwin $50,000 --
Mcreynolds Ernest G $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrill Sean $208,000
Previous Owner Cober James V $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $101,000 -12.2% --
11/19/2014 11/19/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $115,000 -- --
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 $1,817 $106,240 $8,760 $97,480
2022 $1,033 $48,040 $6,200 $41,840
2021 $2,123 $54,720 $6,200 $48,520
2020 $2,112 $54,720 $6,200 $48,520
2019 $1,038 $54,720 $6,200 $48,520
2018 $1,862 $43,600 $4,120 $39,480
2017 $1,862 $43,600 $4,120 $39,480
2016 $1,853 $43,600 $4,120 $39,480
2015 $1,570 $43,600 $4,120 $39,480
2014 $1,570 $43,600 $4,120 $39,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 347550

Tennessee/Virginia Regional MLS

APN: 046K-J-025.00