Seller's Agent in 2016
Jay Goodson
RE/MAX
(423) 612-3035
43 Total Sales
1110 Lark St Unit 15 Johnson City, TN 37604
Estimated Value: $1,095,181 - $1,096,000
--
Bed
15
Baths
--
Sq Ft
0.7
Acres
Highlights
- Traditional Architecture
- Patio
- Heating Available
- Woodland Elementary School Rated A
- Central Air
About This Home
As of April 2016Two improvements on .7 acres making up 15 one-bedroom apartments. Good investment opportunity with new low maintenance brick construction built in 1998. Each unit is a one bedroom, one bath, and property has reasonable rent and excellent vacancy rate with low tenant turnover. First building is 10 units, five facing the street and five facing the back. Behind it is a smaller building housing five more units. Property is on a slope, and has decent parking. Sold by itself or as a bundle with three other multi-family properties in Johnson City.
Last Agent to Sell the Property
REMAX Checkmate, Inc. Realtors License #329807 Listed on: 06/17/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,296
Year Built
- Built in 1998
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 135x225
- Sloped Lot
- Property is in good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
Schools
- Woodland Elementary School
- Indian Trail Middle School
- Science Hill High School
Utilities
- Central Air
- Heating Available
Additional Features
- 2-Story Property
- Patio
Community Details
- 2 Buildings
Listing and Financial Details
- Assessor Parcel Number 045M H 006.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 23, 2016
Sold by
G & Z Partner
Bought by
Gu Weimin
Current Estimated Value
Purchase Details
Listed on
Jun 17, 2014
Closed on
Apr 15, 2016
Sold by
Delong Legacy Llc
Bought by
G & Z Partner
Seller's Agent
Jay Goodson
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Jay Goodson
REMAX Checkmate, Inc. Realtors
List Price
$642,180
Sold Price
$514,500
Premium/Discount to List
-$127,680
-19.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$411,600
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 2010
Bought by
Delong Legacy Llc
Purchase Details
Closed on
Mar 10, 2004
Sold by
Wells Michael E
Bought by
Palmer and Delong
Purchase Details
Closed on
Oct 30, 1995
Bought by
Wells Michael L
Purchase Details
Closed on
Sep 10, 1993
Bought by
Burks Paul H and Burks Carol L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gu Weimin | -- | -- | |
| G & Z Partner | $514,500 | -- | |
| Delong Legacy Llc | $1,250,000 | -- | |
| Palmer | $472,500 | -- | |
| Wells Michael L | $23,000 | -- | |
| Burks Paul H | $16,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | G & Z Partner | $411,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2016 04/15/16 | Sold | $514,500 | -19.9% | -- |
| 04/12/2016 04/12/16 | Pending | -- | -- | -- |
| 06/17/2014 06/17/14 | For Sale | $642,180 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $5,296 | $309,720 | $25,000 | $284,720 |
| 2022 | $3,921 | $182,360 | $11,760 | $170,600 |
| 2021 | $7,076 | $182,360 | $11,760 | $170,600 |
| 2020 | $7,039 | $182,360 | $11,760 | $170,600 |
| 2019 | $4,276 | $182,360 | $11,760 | $170,600 |
| 2018 | $7,672 | $179,680 | $11,760 | $167,920 |
| 2017 | $7,672 | $179,680 | $11,760 | $167,920 |
| 2016 | $7,636 | $179,680 | $11,760 | $167,920 |
| 2015 | $6,917 | $179,680 | $11,760 | $167,920 |
| 2014 | $6,468 | $179,680 | $11,760 | $167,920 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Goodson
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 349970
APN: 045M-H-006.01
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