NOT LISTED FOR SALE

110 W Main St Mountain City, TN 37683

Estimated Value: $299,344

-- Bed
2 Baths
3,000 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $230,000 $77 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,724/month

160 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Tile Flooring

About This Home

As of June 2021

If you have ever dreamed of owning your own business in the Great Smoky Mountains, here is your chance. So many options are available for you as the owner to either live on site as owner managers or enjoy the rental income from the building and the 2 apartments located on the 2nd floor. Right on Main St. in beautiful downtown Mountain City, Tn. Camping, hiking, fishing, hunting, rafting and so many other things are right out side your front door so there are always travelers needing to buy things. This would be perfect for an outdoor/camping store. Currently being run as an established Flower Shop and there is an option to purchase the business and all contents at a very discounted price if interested. Please call.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1926

Lot Details

  • 25

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 018 00100 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1926
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood, Laminate, Tile
  • Building Area Units: Square Feet
  • Living Area: 3000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding, Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Lot Info

  • Lot Size: 40x150 approx
  • Lot Size Units: Acres
  • Parcel #: 018 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other, Trash Collection
  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Hutchinson Harold E and Perdue Malcolm
Bought by
Wallace Daniel D and Adamson Mary Alice
Current Estimated Value
$299,344

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jun 10, 2021
Sold by
Phagan Channie M and Phagan Michael
Bought by
Berthiaume Laura Farthing
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$155,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2011
Sold by
Muse John Howard
Bought by
Farmers State Bank

Purchase Details

Closed on
Sep 13, 1996
Bought by
Muse John Howard and Kaye Crowder Mus

Purchase Details

Closed on
Jun 14, 1963
Bought by
Muse John H
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 Buyer Sale Price Title Company
Wallace Daniel D $57,200 None Listed On Document
Berthiaume Laura Farthing $230,000 None Available
Farmers State Bank $2,500 --
Church Brenda F $110,000 --
Muse John Howard $40,000 --
Muse John Howard -- --
Muse John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berthiaume Laura Farthing $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $230,000 -6.1% $77 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
11/14/2020 11/14/20 For Sale $245,000 -- $82 / Sq Ft
Source: Realtracs

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 -- $50,320 $7,040 $43,280
2023 $1,112 $50,320 $7,040 $43,280
2022 $911 $50,320 $7,040 $43,280
2021 $1,420 $50,320 $7,040 $43,280
2020 $1,570 $50,320 $7,040 $43,280
2019 $1,560 $49,680 $6,640 $43,040
2018 $1,560 $49,680 $6,640 $43,040
2017 $1,560 $49,680 $6,640 $43,040
2016 $1,560 $49,680 $6,640 $43,040
2015 $1,421 $49,680 $6,640 $43,040
2014 $1,698 $59,360 $6,600 $52,760
Source: Public Records

Map

Source: Realtracs

MLS Number: 2844324

Realtracs

APN: 041P-D-018.00