NOT LISTED FOR SALE

1373 Middlesettlements Rd Maryville, TN 37801

Estimated Value: $338,000 - $597,000

-- Bed
2 Baths
1,254 Sq Ft
$385/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $323,750 $258 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,630/month

About This Home

As of November 2012

Great opportunity for rental income. Newer roofs, 4 units are 3 bdrm, 1 and 1/2 bath, with detached 1 car garages. 5th unit has 2 masters, 2 full baths, stone fireplace, carport, great kitchen with oak cabinets and lots of extras. All units have kitchen appliances and w/d hookups inside.

Last Agent to Sell the Property

Barbie Nease

Price and Associates REALTORS, LLC License #298254 Listed on: 06/06/2012

Last Buyer's Agent

Jerry Glenn

U.S. Realty Investment Corporation License #001190

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1988

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Dishwasher
  • Central Heating

Listing and Financial Details

  • The owner pays for advertising, trash collection, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 046J A 001.01

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $5,535
  • Net Operating Income $39,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$733

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: US 129 to Middlesettlements Road. Pass Robert C Jackson and property on left. NO sign on Property
  • Prop. Type: Multi-Family
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding, Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 046J A 001.01

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 45000.0
  • Property Net Operating Income: 39465.0
  • Annual Operating Expense: 5535.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2012
Closed on
Nov 16, 2012
Sold by
Groe Gerald M Tr & Marion
Bought by
Roberson John W
Seller's Agent
Barbie Nease
Price and Associates REALTORS, LLC
Buyer's Agent
Jerry Glenn
U.S. Realty Investment Corporation
Sold Price
$323,750
Current Estimated Value
$482,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,471
Avg. Annual Appreciation
2.36%
Original Mortgage
$274,928
Outstanding Balance
$190,082
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$246,559

Purchase Details

Closed on
Jun 28, 2008
Sold by
Groe Gerald M Tr & Marion
Bought by
City Of Alcoa

Purchase Details

Closed on
Feb 16, 1988
Bought by
Connaster Climer E and Connaster Beatrice M

Purchase Details

Closed on
Jan 1, 1985
Bought by
Brumbalough Jack and Brumbalough Linda
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 Buyer Sale Price Title Company
Roberson John W $280,000 --
City Of Alcoa $2,925 --
Connaster Climer E $14,900 --
Brumbalough Jack $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberson John W $274,928
Previous Owner Groe Gerald M $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $323,750 -- $258 / 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 $733 $46,125 $7,500 $38,625
2023 $733 $46,125 $7,500 $38,625
2022 $536 $21,700 $2,500 $19,200
2021 $536 $21,700 $2,500 $19,200
2020 $536 $21,700 $2,500 $19,200
2019 $536 $21,700 $2,500 $19,200
2018 $472 $19,100 $2,850 $16,250
2017 $472 $19,100 $2,850 $16,250
2016 $472 $19,100 $2,850 $16,250
2015 $411 $19,100 $2,850 $16,250
2014 $433 $19,100 $2,850 $16,250
2013 $433 $20,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 804514

East Tennessee REALTORS® MLS

APN: 046J-A-001.00