$375,000
SOLD APR 2, 2025

136 Sneed Hill Rd Elizabethton, TN 37643

-- Bed
-- Bath
2,304 Sq Ft
0.83 Acres

Recently Sold

$163 Per Sq Ft

6% Below List Price

4 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Wall Furnace
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding

About This Home

As of April 2025

Excellent Investment Opportunity - Three Duplexes in Elizabethton, TN on one parcel!

This well-positioned multi-family property offers a fantastic investment opportunity with three duplexes on a spacious 0.83-acre lot. The property includes five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, providing a mix of rental options to attract a variety of tenants.

With value-add potential, this property presents an opportunity to enhance rental income through thoughtful updates or strategic improvements. The units are fully functional and income-producing, with the ability to further maximize returns through modernization or optimized management.

Located just minutes from downtown Elizabethton, local dining, shopping, and major employers, this property offers strong rental demand and long-term appreciation potential. Whether you're expanding your portfolio or entering the investment market, this is a versatile and promising opportunity.

Last Agent to Sell the Property

Shana Wilcox

CENTURY 21 LEGACY License #292458 Listed on: 02/10/2025

CENTURY 21 LEGACY

Last Buyer's Agent

ASHLEY EASTRIDGE

Collins & Co. Realtors & Auctioneers License #330114

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1992

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 81 x 292
  • Level Lot

Parking

  • Driveway

Home Design

  • 2,304 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Wood Siding

Kitchen

  • Range

Schools

  • Valley Forge Elementary School
  • Happy Valley Middle School
  • Happy Valley High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 049 038.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,592

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Head south on Parkway Boulevard from West G Street. Turn left onto Southside Road. Turn right onto Sneed Hill Road; the destination will be on your right.
  • Prop. Type: Multi Family
  • Year Built: 1992
  • Property Sub Type: Multi Family
  • Architectural Style: Duplex
  • Appliances Refrigerators: Yes
  • Excluded From Sale A C Window Units: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: See Remarks
  • Window Features: Other
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.83
  • Topography: Rolling Slope, Level
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Wall Furnace
  • Sewer: Septic Tank
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valley Forge
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 81 x 292
  • Lot Size Sq Ft: 36154.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 049 038.01
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Apr 1, 2025
Sold by
Zg Investments Llc
Bought by
Koruschak Eric and Street Jonathan
Seller's Agent
Shana Wilcox
CENTURY 21 LEGACY
Buyer's Agent
ASHLEY EASTRIDGE
Collins & Co. Realtors & Auctioneers
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Total Days on Market
4
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$369,070
Outstanding Balance
$369,070
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$14,930

Purchase Details

Closed on
Jul 19, 2023
Sold by
Zeiler Jacob Range
Bought by
Zg Investments Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Goodwin Properties Inc
Bought by
Zeiler Jacob R

Purchase Details

Closed on
Jan 25, 2001
Bought by
Goodwin Properties Inc % James F Goodwin Sr

Purchase Details

Closed on
Oct 28, 1999
Sold by
Jack M L
Bought by
Goodwin Properties

Purchase Details

Closed on
Jan 5, 1995
Sold by
Miller Wayne J
Bought by
Nidiffer Felicia

Purchase Details

Closed on
Aug 27, 1990
Bought by
Jack M L

Purchase Details

Closed on
Aug 17, 1989
Bought by
Jack M L

Purchase Details

Closed on
Mar 27, 1981
Bought by
Arnett Jessie G
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 Type Sale Price Title Company
Warranty Deed $375,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $90,000 --
Warranty Deed $3,300 --
Deed $78,000 --
Deed $64,000 --
Deed -- --
Warranty Deed $30,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $369,070 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $375,000 -6.2% $163 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $399,900 -- $174 / Sq Ft
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 $1,592 $73,040 $7,200 $65,840
2023 $1,592 $73,040 $0 $0
2022 $1,483 $73,040 $7,200 $65,840
2021 $1,483 $73,040 $7,200 $65,840
2020 $1,232 $73,040 $7,200 $65,840
2019 $1,232 $49,880 $6,440 $43,440
2018 $1,232 $49,880 $6,440 $43,440
2017 $1,232 $49,880 $6,440 $43,440
2016 $1,222 $49,880 $6,440 $43,440
2015 $1,222 $49,880 $6,440 $43,440
2014 $1,186 $48,400 $6,440 $41,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9975928

Tennessee/Virginia Regional MLS

APN: 049-038.01