NOT LISTED FOR SALE

Estimated Value: $226,000 - $316,000

-- Bed
1 Bath
2,810 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $185,790 $66 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,582/month

34 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Landscaped
  • Creek or Stream View
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2021

Well maintained three unit apartment complex to be offered at online auction. Brick duplex, built in 1996, offers two 2 bedroom, 1 bath apartments, each with 957 square feet. Brick construction with an updated metal roof. Additional garage apartment was built in 1998 and offers a 2 bedroom, 1 bath apartment containing 896 square feet. There is also a 896 square feet two car garage comprised within this building. The garage apartment is of vinyl construction, also with an updated metal roof. All three units offer central heating and air conditioning. Total monthly income for all three apartments is $1,800. All units are separately metered for water and electricity with the tenants paying all utilities. This is a prime multi-family investment property, superbly maintained. Property will be offered at public online auction, with bidding period to begin May 31, 2021 and ending June 7, 2021. There will be a 10% buyer's premium added to the final bid See Bidding URL for additional terms and conditions. determine final contract price. An adjacent investment property will be sold at public online auction as well with the same bidding period. This property is located at 1116 Highway 91 and consists of a 3 bedroom, 1 bath house plus a 1 bedroom apartment. All info. taken from Tax records. Buyer/buyer's Agent to verify all. Buyer/Buyer's Agent to verify all. Open House will be held for public viewing, May 21 from 3 to 6 p.m.

Last Agent to Sell the Property

David Collins

Collins & Co. Realtors & Auctioneers License #303152 Listed on: 05/05/2021

Co-Listed By

Russ Swanay

Collins & Co. Realtors & Auctioneers License #5587

Last Buyer's Agent

David Collins

Collins & Co. Realtors & Auctioneers License #303152 Listed on: 05/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 71 x 238 x 114 x 264
  • Landscaped
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Creek or Stream Views
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Unaka Elementary And Middle School
  • Unaka High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 029g A 032.01 000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Operating Expense $3,070
  • Gross Income $21,600
  • Net Operating Income $18,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Directions: Broad Street to Highway 19E. Left on Highway 19E. Immediate right onto Highway 91. Travel Highway 91 past Unaka High School. Property on the right.
  • Prop. Type: Residential Income
  • Year Built: 1998
  • Garage Garage Spaces: 2
  • Property Sub Type: Multi-Family
  • Reso Association Amenities: Landscaping
  • Co List Office Mls Id: 364
  • Co List Office Phone: 423-543-5741
  • Architectural Style: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 029g A 032.01 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Unaka
  • General Property Description Middle School2: Unaka
  • General Property Description High School3: Unaka
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 71 X 238 X 114 X 264
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • View CreekStream: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Foundation Slab: Yes
  • General Property Description # Buildings: 2
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Other
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Open Floorplan, Smoke Detector(s)
  • Window Features: Insulated Windows
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Lot Features: Level
  • View: Creek/Stream
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump, Electric, Central
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Unaka
  • High School: Unaka
  • Middle Or Junior School: Unaka

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 71 X 238 X 114 X 264
  • Parcel #: 029g A 032.01 000

Multi Family

  • Annual Gross Income: 21600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Bowers Christopher Matt and Bowers Amy
Bought by
Strength Pamela Jane and Munns Abigale Coralee
Current Estimated Value
$274,939

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 30, 2021
Sold by
Pierce Eula Lee and Pierce Lawrence H
Bought by
Bowers Christopher Matt and Bowers Amy
Seller's Agent
David Collins
Collins & Co. Realtors & Auctioneers
Buyer's Agent
David Collins
Collins & Co. Realtors & Auctioneers
List Price
$185,790
Sold Price
$185,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Nov 15, 1995
Bought by
Pierce Gregory L

Purchase Details

Closed on
Jun 27, 1994
Bought by
Pierce Gregory L

Purchase Details

Closed on
Feb 18, 1946
Bought by
White Dan S and White Ollie
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
Strength Pamela Jane $290,000 None Listed On Document
Bowers Christopher Matt $120,230 None Available
Pierce Gregory L $12,500 --
Pierce Gregory L $49,000 --
White Dan S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowers Christopher Matthew $207,000
Previous Owner Pierce Gregory L $120,000
Previous Owner Gregory Pierce $42,000
Previous Owner Gregory Pierce $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $185,790 0.0% $66 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $185,790 -- $66 / Sq Ft
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 $924 $42,375 $8,175 $34,200
2023 $924 $42,375 $0 $0
2022 $860 $42,375 $8,175 $34,200
2021 $860 $42,375 $8,175 $34,200
2020 $850 $42,375 $8,175 $34,200
2019 $850 $34,425 $6,500 $27,925
2018 $850 $34,425 $6,500 $27,925
2017 $850 $34,425 $6,500 $27,925
2016 $843 $34,425 $6,500 $27,925
2015 $843 $34,425 $6,500 $27,925
2014 $1,845 $75,325 $10,600 $64,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9921954

Tennessee/Virginia Regional MLS

APN: 029G-A-032.00