NOT LISTED FOR SALE

131 Nevada Ave La Follette, TN 37766

-- Bed
-- Bath
12,932 Sq Ft
2002 Built

Last Sold March 03, 2023

Last sale price $1,150,000 $89 Per Sq Ft

7 Days on Market

About This Home

As of March 2023

Nevada Heights is a 17-unit property located in LaFollette, TN that has recently been completely renovated and is well positioned to achieve market rents. The property has been ran as an affordable housing complex, but all rent restrictions will be lifted at the time of closing which will allow a buyer to increase rents to market rates.

-Recently Renovated Interiors and Exterior
-Ability to Convert Office Into 18th Unit
-Rents $300-$400 Below Market

Last Agent to Sell the Property

Kevin Tipton

SVN I Wood Properties License #275491 Listed on: 12/16/2022

SVN I Wood Properties

Co-Listed By

Jon Roosen

SVN I Wood Properties License #366234

Last Buyer's Agent

Cohl Morgan

SVN I Wood Properties License #351465

SVN I Wood Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 2002

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 12,932 Sq Ft Home
  • Laminate Flooring
  • Washer and Dryer Hookup

Parking

  • Driveway
  • On-Site Parking

Additional Features

  • Balcony
  • Zoned Heating and Cooling System

Community Details

  • 17 Units

Listing and Financial Details

  • Assessor Parcel Number 085O C 039.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,578

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: I-75 North to RT on 25W to LT on Nevada to property on LT
  • Prop. Type: Multi-Family
  • Year Built: 2002
  • Lot Size: 1.75 Acre
  • Co List Office Mls Id: 219
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Floors:Laminate: Yes
  • General Property Description:Driveway: Paved
  • Roof:Shingle: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Miscellaneous:Balcony2: Yes
  • Property Sub-Type:Apartment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Flooring: Laminate
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction:Frame: Yes

Garage/Parking

  • GarageParking:On Premise Parking: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 085O C 039.00

Multi Family

  • Number Of Units Total: 17

Tax Info

  • Tax Annual Amount: 4577.57

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

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $1,150,000 -11.5% $89 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $1,300,000 -- $101 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Tipton

    Seller's Agent in 2023

    Kevin Tipton

    SVN I Wood Properties

    (865) 549-7469

    3 in this area

    99 Total Sales

    Kevin Tipton
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jon Roosen

    SVN I Wood Properties

    Section Image
  • Cohl Morgan

    Buyer's Agent in 2023

    Cohl Morgan

    SVN I Wood Properties

    (865) 603-9887

    1 in this area

    54 Total Sales

    Cohl Morgan
    Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1213848

East Tennessee REALTORS® MLS
Tennessee Campbell County 37766

131 Nevada Ave, TN

This home is located at 131 Nevada Ave, La Follette, TN 37766 since 16 December 2022. This property was built in 2002. 131 Nevada Ave is a home located in Campbell County with nearby schools including Calvary Christian Academy.

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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