NOT LISTED FOR SALE

Estimated Value: $871,000 - $1,119,000

9 Beds
9 Baths
5,000 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $499,975 $100 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,006/month

34 Days on Market

Highlights

  • Wood Flooring
  • Sequoyah Elementary School Rated A-
  • 4-minute walk to James Agee Park

About This Home

As of March 2017

This home is located at 1630 W Clinch Ave, Knoxville, TN 37916 since 01 December 2016 and is currently estimated at $1,017,581, approximately $203 per square foot. This property was built in 1935. 1630 W Clinch Ave is a home located in Knox County with nearby schools including Sequoyah Elementary School, Bearden Middle School, and West High School.

Last Agent to Sell the Property

Steve Goldman

Goldman Partners Realty, LLC License #291309 Listed on: 12/01/2016

Last Buyer's Agent

Lynn Irish

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1935

Lot Details

  • 6,280 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • 5,000 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Sequoyah Elementary School
  • Bearden Middle School
  • West High School

Listing and Financial Details

  • The owner pays for taxes, lawn maintenance
  • Assessor Parcel Number 094nh011

Community Details

Overview

  • 9 Units

Building Details

  • Operating Expense $27,786
  • Net Operating Income $50,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,629

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: Take 17th Street to Clinch Ave. Go east on Clinch. Property is on the right. No sign.
  • Prop. Type: Multi-Family
  • Year Built: 1935
  • Lot Size Acres: 0.14
  • Lot Size: 50x125
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Lawn Maintenance
  • Flooring: Hardwood, Vinyl, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding

Schools

  • Elementary School: Sequoyah
  • High School: West
  • Middle Or Junior School: Bearden

Lot Info

  • Lot Size Sq Ft: 6280.0
  • Parcel #: 094nh011
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 77880.0
  • Property Net Operating Income: 50094.0
  • Annual Operating Expense: 27786.0

Tax Info

  • Tax Annual Amount: 2628.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Mar 24, 2017
Sold by
Orange House Properties Clinch Ave Llc
Bought by
Engaged Asheville Llc
Seller's Agent
Steve Goldman
Goldman Partners Realty, LLC
Buyer's Agent
Steve Goldman
Goldman Partners Realty, LLC
Sold Price
$499,975
Current Estimated Value
$1,017,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,606
Avg. Annual Appreciation
8.80%
Original Mortgage
$399,980
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2004
Sold by
Kunselman Philip M
Bought by
Orange House Properties At Clinch Avenue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.63%
Mortgage Type
Commercial
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
Engaged Asheville Llc $499,975 Admiral Title Inc
Orange House Properties At Clinch Avenue $270,000 East Tn Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Engaged Asheville Llc $399,980
Previous Owner Orange House Properties At Clinch Avenue $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $499,975 -- $100 / 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 $5,664 $262,760 $0 $0
2023 $9,747 $262,760 $0 $0
2022 $9,747 $262,760 $0 $0
2021 $7,684 $167,640 $0 $0
2020 $7,684 $167,640 $0 $0
2019 $7,684 $167,640 $0 $0
2018 $7,684 $167,640 $0 $0
2017 $7,684 $104,775 $0 $0
2016 $4,866 $0 $0 $0
2015 $4,866 $0 $0 $0
2014 $4,866 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 985467

East Tennessee REALTORS® MLS

APN: 094NH-011