NOT LISTED FOR SALE

1501 E Holston Ave Johnson City, TN 37601

Gump Addition-Carnegie Neighborhood

Estimated Value: $414,000 - $433,511

-- Bed
6 Baths
-- Sq Ft
89 Acres

Last Sold April 22, 2022

Last sale price $337,500

Est. 26% increase in value since last sale

Current estimated payment $2,439/month

Highlights

  • Forced Air Heating and Cooling System
  • Fairmont Elementary School Rated A
  • Level Lot

About This Home

As of April 2022

Five unit apartment building, each with 2 bedrooms and 1 bath.

Last Agent to Sell the Property

Jay Goodson

REMAX Checkmate, Inc. Realtors License #329807 Listed on: 04/22/2022

REMAX Checkmate, Inc. Realtors

Last Buyer's Agent

Jay Goodson

REMAX Checkmate, Inc. Realtors License #329807 Listed on: 04/22/2022

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 89 x 140
  • Level Lot

Schools

  • Fairmont Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Additional Features

  • 3-Story Property
  • Forced Air Heating and Cooling System

Community Details

  • 5 Units
  • Carnegie Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038m D 021.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,499

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Broadway to E Holston
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Multi-Family
  • Subdivision Name: Carnegie Land Co
  • Unit Levels: Three Or More
  • Location Tax Legal Info Parcel ID: 038m D 021.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R4
  • General Property Description Elementary School3: Fairmont
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • General Property Description Lot Dimensions: 89 x 140
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Total Units: 5
  • Levels Three Or More: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Construction Type: See Remarks

Utilities

  • Heating: Forced Air, Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Fairmont
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R4
  • Lot Dimensions: 89 x 140
  • Parcel #: 038m D 021.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Long Brent and London Holdings
Bought by
Skaff Emile and The Skaff Family Trust
Current Estimated Value
$423,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Outstanding Balance
$869,742
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$445,986

Purchase Details

Closed on
Jun 12, 2015
Sold by
Avenue Partners
Bought by
Long Brent

Purchase Details

Closed on
Jun 4, 2010
Bought by
Avenue Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2010
Sold by
Avenue Real Llc
Bought by
Hixson Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2009
Sold by
Lusk Harry C
Bought by
Avenue Real Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2005
Sold by
Machen Jacqueline G
Bought by
Greenlee Dexter Allen

Purchase Details

Closed on
Apr 2, 2001
Sold by
Boyce Charlesw
Bought by
Lusk Harry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
7.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skaff Emile $1,250,000 None Available
Long Brent -- --
Avenue Partners -- --
Hixson Clay -- --
Avenue Real Llc $165,000 --
Greenlee Dexter Allen -- --
Lusk Harry C $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skaff Emile $992,000
Previous Owner Lusk Harry C $472,800
Previous Owner Lusk Harry C $135,600
Previous Owner Lusk Harry C $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $337,500 0.0% --
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $337,500 -- --
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 $2,499 $146,160 $11,760 $134,400
2022 $2,103 $97,800 $11,000 $86,800
2021 $3,968 $97,800 $11,000 $86,800
2020 $3,948 $102,280 $11,000 $91,280
2019 $1,973 $102,280 $11,000 $91,280
2018 $3,540 $82,920 $7,240 $75,680
2017 $3,540 $82,920 $7,240 $75,680
2016 $3,524 $82,920 $7,240 $75,680
2015 $3,192 $82,920 $7,240 $75,680
2014 -- $82,920 $7,240 $75,680
Source: Public Records

Agents Affiliated with this Home

  • Jay Goodson

    Seller's Agent in 2022

    Jay Goodson

    RE/MAX

    (423) 612-3035

    1 in this area

    43 Total Sales

    Jay Goodson
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9936791

Tennessee/Virginia Regional MLS

APN: 038M-D-021.00

Tennessee Washington County Johnson City 37601 Gump Addition-Carnegie

1501 E Holston Ave, Johnson City, TN

Not Listed for Sale

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