NOT LISTED FOR SALE

126 Dresden Way Louisville, TN 37777

Estimated Value: $370,000 - $2,018,000

-- Bed
4 Baths
16,576 Sq Ft
$54/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $760,000 $46 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,196/month

5 Days on Market

Highlights

  • Wood Flooring
  • Alcoa Elementary School Rated A-
  • Zoned Heating System

About This Home

As of September 2017

Rare Blount County 17 Unit Apt Complex For Sale - Well Kept and Professionally Managed. This offering contains 4 individual properties: 126, 128, 129 & 130 Dresden Way. This well located property is just off Topside Rd., with easy access to Pellissippi Pky., Maryville-Alcoa & west Knoxville. These spacious 16 two-BR + 1.5 bath townhouse style units & 1 one-BR unit feature stoves, refrigerators, dishwashers, central heat/air & washer/dryer connections. Rarely vacant. Square footage is from tax records, is not guaranteed and should be verified by buyer. No sign. Please don't disturb the residents.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 06/07/2017

Last Buyer's Agent

Ed Purdy

ReMax First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,664

Year Built

  • Built in 1978

Lot Details

  • 0.34

Home Design

  • 16,576 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet

Additional Features

  • Dishwasher
  • Zoned Heating System

Listing and Financial Details

  • The owner pays for trash collection, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 009 006.16

Community Details

Overview

  • 17 Units

Building Details

  • Operating Expense $58,491
  • Net Operating Income $58,419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,664

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From I-140 in Knoxville (Pellissippi Pky), take the Topside Rd exit and go east 2 miles. Turn left on Dresden (between Rule Construction & Platinum Pools) to 130 Dresden Way.
  • Prop. Type: Multi-Family
  • Year Built: 1978
  • Lot Size: 1.5 acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Trash Collection, Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 009 006.16

Multi Family

  • Number Of Units Total: 17
  • Annual Gross Income: 129900.0
  • Property Net Operating Income: 58419.0
  • Annual Operating Expense: 58491.0

Tax Info

  • Tax Annual Amount: 6664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Sep 1, 2017
Sold by
James Duane L
Bought by
Dresden Way Apartments Llc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Ed Purdy
ReMax First
Sold Price
$760,000
Current Estimated Value
$891,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,067
Avg. Annual Appreciation
2.01%
Original Mortgage
$152,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 29, 2017
Sold by
James Duane L
Bought by
David Snapper
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Ed Purdy
ReMax First
Sold Price
$760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1990
Bought by
James Duane L and James Lelia D

Purchase Details

Closed on
Dec 18, 1986
Bought by
Weeter Sidney H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dresden Way Apartments Llc -- --
David Snapper $190,000 --
James Duane L $73,600 --
Weeter Sidney H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dresden Way Apartments Llc $142,500
Closed David Snapper $152,000
Previous Owner James Duane L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $760,000 -- $46 / 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 $4,092 $124,760 $22,760 $102,000
2023 $4,092 $124,760 $22,760 $102,000
2022 $4,130 $87,120 $15,960 $71,160
2021 $4,130 $87,120 $15,960 $71,160
2020 $4,130 $87,120 $15,960 $71,160
2019 $4,130 $87,120 $15,960 $71,160
2018 $3,503 $79,080 $13,760 $65,320
2017 $3,514 $79,080 $13,760 $65,320
2016 $3,514 $79,320 $14,000 $65,320
2015 $2,059 $79,320 $14,000 $65,320
2014 $2,059 $79,320 $14,000 $65,320
2013 $2,059 $50,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2017

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    5 in this area

    152 Total Sales

    Solange Velas
    Section Image

  • E

    Buyer's Agent in 2017

    Ed Purdy

    RE/MAX

  • David Connors

    Buyer Co-Listing Agent in 2017

    David Connors

    RE/MAX

    (865) 518-4485

    2 in this area

    71 Total Sales

    David Connors
    Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1005638

East Tennessee REALTORS® MLS

APN: 009-006.16

Tennessee Blount County Louisville 37777

126 Dresden Way, Louisville, TN

This home is located at 126 Dresden Way, Louisville, TN 37777 since 07 June 2017 and is currently estimated at $891,067, approximately $53 per square foot. This property was built in 1978. 126 Dresden Way is a home located in Blount County with nearby schools including Alcoa Elementary School, Alcoa Middle School, and Alcoa 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.

Nearby Homes