NOT LISTED FOR SALE

1223 Texas Ave Knoxville, TN 37921

Lonsdale Neighborhood

Estimated Value: $133,000 - $181,000

2 Beds
1 Bath
982 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $37,400 $38 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $884/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Zoned Heating and Cooling System
  • Carpet
  • Covered Patio or Porch

About This Home

As of April 2018

**PLEASE READ** This property is a part of a large rental portfolio available for purchase. The
ownership group has several residential rental units available that may be purchased individually or may
be grouped together. All properties are currently rented and the owners keep these properties in
fantastic shape. Besides regular and preventative maintenance, the large majority of properties have
updated electrical, plumbing, HVAC, roof, siding, and windows. The owners also only accept the highest
quality available tenants and many of the properties have been occupied by the same tenants for years.
With respect for their tenants, owners ask that only serious buyers who have evaluated all available
MLS data and the attached GPM Properties Spreadsheet thoroughly, request showings All homes are sold AS-IS. Seller will only accept full price offers. Special owner financing available on all units. Detailed pro-forma is attached. Cross reference all properties by keyword search: GPM Properties

Last Agent to Sell the Property

Tyler Fogarty

Realty Executives Associates License #307266 Listed on: 02/22/2018

Realty Executives Associates

Last Buyer's Agent

Brittany Epperly

Great Life RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $219

Year Built

  • Built in 1920

Lot Details

  • 7,079 Sq Ft Lot
  • Lot Dimensions are 50 x 144

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 982 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Northwest Middle School
  • Carter High School

Additional Features

  • Covered Patio or Porch
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 081ic018

Home Details

Home Type

Single Family

Est. Annual Taxes

$219

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: I-40E to exit 385, I640E. Take exit 1, Western Ave and turn right onto Western Ave. Turn left onto Texas Ave and home will be on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 144
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Carter
  • Middle Or Junior School: Northwest

Lot Info

  • Lot Size Sq Ft: 7079.0
  • Parcel #: 081ic018
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 219.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Knoxvilles Community Dev Corp
Bought by
Qb Realty Team Llc
Current Estimated Value
$152,882

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 10, 2018
Sold by
Global Management Llc
Bought by
Qb Rentals Llc
Seller's Agent
Tyler Fogarty
Realty Executives Associates
Buyer's Agent
Brittany Epperly
Great Life RE
Sold Price
$37,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.96%
Original Mortgage
$239,530
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2011
Sold by
Clemons Jennie
Bought by
Global Property Systems Llc

Purchase Details

Closed on
Jan 26, 2009
Sold by
Foster Keith L
Bought by
Clemons Jennie

Purchase Details

Closed on
Oct 20, 2006
Sold by
Federal National Mortgage Association
Bought by
Foster Keith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,224
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2006
Sold by
Aurora Loan Services Of Tn Llc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,224
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Steinke Deborah and Steinke Bruce
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 23, 2004
Sold by
Crosland William T
Bought by
Steinke Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Jeff Jaccard
Bought by
Crosland William T

Purchase Details

Closed on
Feb 29, 1996
Bought by
Jeff Jaccard
Source: Public Records

Range of Values:

Collateral Analytics

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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
Qb Realty Team Llc $3,800 None Listed On Document
Qb Rentals Llc $281,800 Paramount Land Title Of Knox
Global Property Systems Llc $11,350 None Available
Clemons Jennie $10,000 None Available
Foster Keith L $22,000 First Priority Title Co Inc
Federal National Mortgage Association -- First Priority Title Co Inc
Aurora Loan Services Llc $45,420 None Available
Steinke Deborah $47,500 Real Estate Title Knoxville
Crosland William T $16,780 --
Jeff Jaccard $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qb Rentals Llc $239,530
Previous Owner Foster Keith L $17,224
Previous Owner Steinke Deborah $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $37,400 -- $38 / Sq Ft
Source: East Tennessee REALTORS® 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 $626 $16,875 $0 $0
2023 $626 $16,875 $0 $0
2022 $626 $16,875 $0 $0
2021 $416 $9,075 $0 $0
2020 $416 $9,075 $0 $0
2019 $416 $9,075 $0 $0
2018 $416 $9,075 $0 $0
2017 $416 $9,075 $0 $0
2016 $406 $0 $0 $0
2015 $406 $0 $0 $0
2014 $406 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tyler Fogarty

    Realty Executives Associates

    (865) 603-9397

    128 Total Sales

    Tyler Fogarty
    Section Image

  • B

    Buyer's Agent in 2018

    Brittany Epperly

    Great Life RE

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1031517

East Tennessee REALTORS® MLS

APN: 081IC-018

Tennessee Knox County Knoxville 37921 Lonsdale

1223 Texas Ave, Knoxville, TN

This home is located at 1223 Texas Ave, Knoxville, TN 37921 since 22 February 2018 and is currently estimated at $152,882, approximately $155 per square foot. This property was built in 1920. 1223 Texas Ave is a home located in Knox County with nearby schools including Lonsdale Elementary School, Northwest Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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