NOT LISTED FOR SALE

129 Hermitage Dr Unit 1 Bristol, TN 37620

Estimated Value: $225,156 - $254,000

-- Bed
3 Baths
-- Sq Ft
0.34 Acres

Last Sold March 04, 2016

Last sale price $115,500

Est. 107% increase in value since last sale

Current estimated payment $1,437/month

460 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Eat-In Kitchen
  • Holston View Elementary School Rated A
  • 2 Car Attached Garage
  • Window Unit Cooling System

About This Home

As of March 2016

Investment Opportunity! Come take a look at this spacious duplex located in convenient Ridgefield Subdivision just across from Holston View Elementary. The all brick duplex features two 1700 sf units with 2 bedrooms, one full bath, one half bath, living room and kitchen. Both units also feature hardwood upstairs and carpet downstairs with vinyl in the bathrooms. Each unit has its own drive under garage that has to be accessed from the exterior. The duplex is currently rented and the tenants can stay or go. One unit has HVAC and the other still operates off of window units. Unit without the HVAC rents for $400 a month (long term tenant) and the unit with rents for $600 a month. Tenants can stay or go. Come take a look and start your investment portfolio today. Information taken from owner and third party sources. Information should be verified by buyer/buyers agent.

Last Agent to Sell the Property

Justin Branson

REMAX Results Bristol License #303020 Listed on: 10/12/2014

REMAX Results Bristol

Last Buyer's Agent

GRACE HINES

American Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 100 x 150
  • Sloped Lot
  • Property is in average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

  • Holston View Elementary School
  • Vance Middle School
  • Tennessee High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Heat Pump System

Community Details

  • Ridgefield Subdivision
  • Gross Income $12,000

Listing and Financial Details

  • Assessor Parcel Number 021D C 028.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Directions: Coming from King College turn left onto Melody lane. Drive down Melody Lane and turn left onto Hermitage DR. Duplex will be on the left.
  • Prop. Type: Residential Income
  • Year Built: 1971
  • Garage Garage Spaces: 2
  • Property Sub Type: Duplex
  • Subdivision Name: Ridgefield
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 021D C 028.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Holston View
  • General Property Description Middle School2: Vance
  • General Property Description High School3: Tennessee
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 100 x 150
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • General Property Description # Buildings: 1
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Block, Concrete
  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Eat-in Kitchen, Solid Surface Counters
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Basement:Concrete3: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Lot Features: Sloped
  • Construction Type: Block, Brick
  • Foundation Details: Block
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Radiant Ceiling, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Radiant Ceiling: Yes

Schools

  • Elementary School: Holston View
  • High School: Tennessee
  • Middle Or Junior School: Vance

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 100 x 150
  • Parcel #: 021D C 028.00

Multi Family

  • Annual Gross Income: 12000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2014
Closed on
Mar 4, 2016
Sold by
Burson Jason V
Bought by
Tudor Ii David and Tudor Annette M
Seller's Agent
Justin Branson
REMAX Results Bristol
Buyer's Agent
GRACE HINES
American Realty
List Price
$133,650
Sold Price
$115,500
Premium/Discount to List
-$18,150
-13.58%
Current Estimated Value
$239,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,039
Avg. Annual Appreciation
7.85%
Original Mortgage
$92,400
Outstanding Balance
$56,920
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$182,619

Purchase Details

Closed on
Jul 2, 2004
Sold by
Easley Claudette W
Bought by
Bruson Jason V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.25%
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
Tudor Ii David $115,500 --
Bruson Jason V $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tudor Ii David $92,400
Previous Owner Bruson Jason V $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2016 03/04/16 Sold $115,500 -13.6% --
01/16/2016 01/16/16 Pending -- -- --
10/12/2014 10/12/14 For Sale $133,650 -- --
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 -- $49,480 $8,120 $41,360
2023 $2,174 $49,480 $8,120 $41,360
2022 $2,174 $49,480 $8,120 $41,360
2021 $2,173 $49,480 $8,120 $41,360
2020 $2,231 $49,480 $8,120 $41,360
2019 $2,231 $47,160 $8,120 $39,040
2018 $2,222 $47,160 $8,120 $39,040
2017 $2,222 $47,160 $8,120 $39,040
2016 $2,754 $57,080 $8,120 $48,960
2014 $2,600 $57,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 354857

Tennessee/Virginia Regional MLS

APN: 021D-C-028.00