NOT LISTED FOR SALE

Estimated Value: $523,491 - $606,000

4 Beds
2 Baths
1,768 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $380,000 $215 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,284/month

74 Days on Market

Highlights

  • In Ground Pool
  • Zoned Heating System
  • 4-minute walk to First Creek Park
  • Wood Flooring

About This Home

As of May 2021

This one-story duplex features two bedrooms and one full bathroom in each unit along with a living room and fully equipped kitchen. Each unit features a patio that overlooks a beautiful salt water pool. Tenants will appreciate the off-street parking that is available under a carport. The property is currently operated as a long term rental with each unit renting for $1,250 and $1,100. This property would also be a great investment as an Airbnb or for an owner occupant. Located in Old North Knoxville, this property is just a short 5 minute drive from downtown Knoxville and all the retail and restaurants it has to offer. Plans have been revealed for a massive mixed-use development in the nearby Old City, that includes a brand new ballpark for the Smokies. This $142 million dollar project will include apartments, retail, restaurants, breweries, and community space surrounding the ballpark.

Last Agent to Sell the Property

Kevin Tipton

SVN I Wood Properties License #275491 Listed on: 01/20/2021

SVN I Wood Properties

Co-Listed By

Cohl Morgan

SVN I Wood Properties License #351465

Last Buyer's Agent

Tausha Price

ReMax Preferred Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1965

Lot Details

  • 0.27

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Additional Features

  • Vinyl Clad Windows
  • In Ground Pool
  • Zoned Heating System

Community Details

  • 2 Units
  • V A Johnson Resub Lt 21R Subdivision

Listing and Financial Details

  • The owner pays for advertising, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 081LJ003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: From Broadway East on Oglewood to LT on N 4th to property on LT
  • Prop. Type: Multi-Family
  • Year Built: 1965
  • Lot Size: 80x146xIRR
  • Co List Office Mls Id: 219
  • Co List Office Phone: 865-936-9999
  • Subdivision Name: V A Johnson Resub Lt 21R
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Owner Pays: Advertising, Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Pool - Swim (Ingrnd)

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 081LJ003

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 992.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
May 28, 2021
Sold by
Goldbergbrodtholdings Llc
Bought by
Cochran Scott L
Seller's Agent
Kevin Tipton
SVN I Wood Properties
Buyer's Agent
Tausha Price
ReMax Preferred Properties, Inc.
Sold Price
$380,000
Current Estimated Value
$546,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,873
Avg. Annual Appreciation
8.64%
Original Mortgage
$323,000
Outstanding Balance
$295,602
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,402

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 6, 2019
Sold by
Seales Timothy
Bought by
Golbergbrodtholdings Llc
Seller's Agent
Laurence Eaton
Hemlock Realty LLC
Buyer's Agent
Kevin Tipton
Realty Executives Associates
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.08%

Purchase Details

Listed on
Mar 4, 2017
Closed on
Apr 12, 2017
Sold by
Schleifer Nathan and Aurand Kathryn
Bought by
Seales Timothy
Seller's Agent
Emily Golec
Keller Williams Realty
Buyer's Agent
Josh Belcher
Keller Williams Realty
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$178,703
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 1, 2013
Closed on
Aug 14, 2014
Sold by
Bowling Billy Joe and Disney Donald R
Bought by
Schleifer Nathan and Aurand Kathryn
Seller's Agent
Dewayne Whitt
Keller Williams Realty
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$123,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1999
Sold by
Jenkins Patricia Ann
Bought by
Bowling Billy Joe and Disney Donald R

Purchase Details

Closed on
Mar 5, 1996
Sold by
Hughes Charlie L
Bought by
Joe Bowling Billy

Purchase Details

Closed on
Aug 3, 1994
Sold by
Bil-Mac Properties
Bought by
Hughes Charlie L
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
Cochran Scott L $380,000 Accommodation
Golbergbrodtholdings Llc $235,000 Tennessee Valley Ttl Ins Co
Seales Timothy $182,000 Concord Title
Schleifer Nathan $165,000 East Tennessee Title Ins Age
Bowling Billy Joe -- --
Jenkins Patricia Ann -- --
Joe Bowling Billy $40,000 --
Hughes Charlie L $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Scott L $323,000
Previous Owner Seales Timothy $178,703
Previous Owner Schleifer Nathan $123,750
Previous Owner Bowling Bill J $26,011
Previous Owner Bowling Bill J $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $380,000 +61.7% $215 / Sq Ft
11/06/2019 11/06/19 Sold $235,000 +29.1% $133 / Sq Ft
04/12/2017 04/12/17 Sold $182,000 +10.3% $103 / Sq Ft
08/15/2014 08/15/14 Sold $165,000 -- $92 / 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 $3,655 $98,525 $0 $0
2023 $3,655 $98,525 $0 $0
2022 $3,655 $98,525 $0 $0
2021 $1,846 $40,275 $0 $0
2020 $1,846 $40,275 $0 $0
2019 $1,846 $40,275 $0 $0
2018 $1,846 $40,275 $0 $0
2017 $1,846 $40,275 $0 $0
2016 $1,320 $0 $0 $0
2015 $1,320 $0 $0 $0
2014 $1,320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1140526

East Tennessee REALTORS® MLS

APN: 081LJ-003