NOT LISTED FOR SALE

1523 Meadow Spring Dr Jefferson City, TN 37760

Estimated Value: $394,336 - $479,000

-- Bed
8 Baths
3,904 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $350,900 $90 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,419/month

6 Days on Market

Highlights

  • Deck
  • Central Heating and Cooling System
  • Walk-in Shower
  • Tile Flooring

About This Home

As of June 2022

All brick 4plex located in Jefferson City. All units are 2 bedrooms 2 bathrooms.

Last Agent to Sell the Property

Raj Cheema

Southland Realtors, Inc License #335652 Listed on: 05/09/2022

Last Buyer's Agent

Raj Cheema

Exit Realty The Anderson Group SP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1991

Lot Details

  • 0.4

Home Design

  • 3,904 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • Driveway
  • On-Site Parking

Schools

  • Jefferson County High School

Additional Features

  • Walk-in Shower
  • Washer and Dryer Hookup
  • Deck
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for trash collection, taxes
  • Assessor Parcel Number 024B C 012.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$829

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: I-40 East towards Asheville, take exit 415 toward US-70 W, Right onto Cline Rd, Left onto TN-92 N, Right onto George Ave, Right onto E Broadway Blvd, Left onto Chucky Pike, Left onto Meadow Spring Dr, Property on your Left
  • Prop. Type: Multi-Family
  • Year Built: 1991
  • Lot Size: 95x184.5 IRR
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: Paved
  • Roof:Shingle: Yes
  • Property Sub-Type:Four Plex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Trash Collection, Taxes
  • Flooring: Laminate, Vinyl, Tile
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Deck
  • Construction Type: Brick
  • Exterior Features:Deck: Yes
  • Construction:Frame - Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • High School: Jefferson County

Lot Info

  • Parcel #: 024B C 012.00

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 828.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 30, 2022
Sold by
Covington and Myrna
Bought by
Gonzalez Lillian and Gonzalez Rolando
Seller's Agent
Raj Cheema
Southland Realtors, Inc
Buyer's Agent
Raj Cheema
Exit Realty The Anderson Group SP
List Price
$369,900
Sold Price
$350,900
Premium/Discount to List
-$19,000
-5.14%
Current Estimated Value
$433,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,879
Avg. Annual Appreciation
6.57%
Original Mortgage
$280,720
Outstanding Balance
$111,556
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$322,223

Purchase Details

Closed on
Nov 16, 2005
Sold by
Stout Edna F
Bought by
Melvin Covington

Purchase Details

Closed on
Sep 2, 1999
Sold by
Plan Housing Development
Bought by
Edna Stout

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.73%

Purchase Details

Closed on
Aug 4, 1994
Bought by
Plan Housing Development Inc

Purchase Details

Closed on
Jul 17, 1991
Bought by
Cauthen Melton L and Cauthen Nancy

Purchase Details

Closed on
Apr 30, 1990
Bought by
Cauthen Melton L and Cauthen Nancy
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
Gonzalez Lillian $350,900 None Listed On Document
Melvin Covington $180,000 --
Edna Stout $126,500 --
Plan Housing Development Inc $150,000 --
Cauthen Melton L -- --
Cauthen Melton L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Lillian $280,720
Previous Owner Cauthen Melton L $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $350,900 -5.1% $90 / Sq Ft
05/09/2022 05/09/22 For Sale $369,900 -- $95 / 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
2025 $1,780 $148,320 $11,200 $137,120
2023 $2,418 $69,080 $0 $0
2022 $2,342 $69,080 $10,000 $59,080
2021 $2,342 $69,080 $10,000 $59,080
2020 $2,342 $69,080 $10,000 $59,080
2019 $2,342 $69,080 $10,000 $59,080
2018 $2,304 $64,880 $9,200 $55,680
2017 $2,304 $64,880 $9,200 $55,680
2016 $2,304 $64,880 $9,200 $55,680
2015 $2,271 $64,880 $9,200 $55,680
2014 $2,238 $64,880 $9,200 $55,680
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Raj Cheema

    Southland Realtors, Inc

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1190554

East Tennessee REALTORS® MLS

APN: 024B-C-012.00

Tennessee Jefferson County Jefferson City 37760

1523 Meadow Spring Dr, Jefferson City, TN

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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