NOT LISTED FOR SALE

116 Rex Rd Unit 2 Bristol, TN 37620

Estimated Value: $95,000 - $212,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold January 26, 2017

Last sale price $38,500

Est. 242% increase in value since last sale

Current estimated payment $787/month

881 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Haynesfield Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of January 2017

PRICE REDUCED!!! VERY MOTIVATED SELLER!!! Attention Investors! This property is a duplex and features one 2 bedroom, 1 bath unit with W/D hookups that leases for $450 per month. The other unit is a 1 bedroom, 1 bath with no W/D hookups that leases for $350 per month. Both units are newly remodeled and both are currently occupied. This is a great investment opportunity. Property is being offered "AS IS". Call and schedule your showing today!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

REALTY EXECUTIVES BRISTOL Listed on: 08/21/2014

Last Buyer's Agent

MICHAEL BAKER

The Brokers Realty & Auction License #333409

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x142
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Wood Walls
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Haynesfield Elementary School
  • Vance Middle School
  • Tennessee High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 037D B 020.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: Take Volunteer Parkway, left on Cox Street (next to the Sonic Drive In). Go up the hill and turn left onto Rex Road.
  • Prop. Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Duplex, Ranch
  • Unit Levels: One
  • Location Tax Legal Info Parcel ID: 037D B 020.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Haynesfield
  • General Property Description Middle School2: Vance
  • General Property Description High School3: Tennessee
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x142
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Style Ranch: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Flooring Laminate: Yes
  • Foundation Block6: Yes
  • Flooring Vinyl: Yes
  • Walls Wood3: Yes
  • Basement Block4: Yes
  • Flooring Ceramic Tile: Yes
  • AC Wall Unit(s): Yes
  • General Property Description # Buildings: 1
  • Style Duplex: Yes
  • Utilities Cable Connected2: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Block, Crawl Space
  • Flooring: Vinyl, Ceramic Tile, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Laminate Counters: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Haynesfield
  • High School: Tennessee
  • Middle Or Junior School: Vance

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 50x142
  • Parcel #: 037D B 020.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Jan 26, 2017
Sold by
Little Gregory S
Bought by
Galliher David C
Seller's Agent
LISTINGS TRANSFERRED
REALTY EXECUTIVES BRISTOL
Buyer's Agent
MICHAEL BAKER
The Brokers Realty & Auction
List Price
$59,900
Sold Price
$38,500
Premium/Discount to List
-$21,400
-35.73%
Current Estimated Value
$131,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,042
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Mar 9, 2004
Sold by
Keen Ronald B
Bought by
Little Family Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
5.72%

Purchase Details

Closed on
May 27, 1992
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
Galliher David C $38,500 --
Little Family Investments $45,000 --
-- $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Gregory S $44,000
Previous Owner -- $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $38,500 -35.7% --
01/19/2017 01/19/17 Pending -- -- --
08/21/2014 08/21/14 For Sale $59,900 -- --
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
2024 -- $19,240 $3,960 $15,280
2023 $845 $19,240 $3,960 $15,280
2022 $845 $19,240 $3,960 $15,280
2021 $845 $19,240 $3,960 $15,280
2020 $867 $19,240 $3,960 $15,280
2019 $867 $18,320 $3,960 $14,360
2018 $863 $18,320 $3,960 $14,360
2017 $863 $18,320 $3,960 $14,360
2016 $976 $20,240 $3,960 $16,280
2014 $922 $20,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 352929

Tennessee/Virginia Regional MLS

APN: 037D-B-020.00