NOT LISTED FOR SALE

Estimated Value: $271,000 - $479,437

4 Beds
2 Baths
870 Sq Ft
$450/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $125,000 $144 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,368/month

6 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating
  • Sequoyah Elementary School Rated A-

About This Home

As of February 2019

4 Bedroom Rental House - In A Great Fort Sanders Location - Walk To UT! 2200, 2202, 2205 & 2208 Laurel are available as well and they can be purchased together or separately. Currently vacant, previously leased at $1600/month, a shortage of whole house rentals near the University of Tennessee main campus at Knoxville makes for a strong rental history and a bright future. Plus the tenants pay all the utilities including water and sewer charges. Square footage is from tax records, is not guaranteed, and should be verified by buyer.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 01/08/2019

Last Buyer's Agent

Kevin Tipton

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1930

Lot Details

  • 5,179 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • 870 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 094nm017

Community Details

Overview

  • 4 Units
  • Cowans Resub Of Lots 49 50 & 51 Subdivision

Building Details

  • Operating Expense $4,349
  • Net Operating Income $14,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$564

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Exit Alcoa Hwy at Kingston Pike & turn toward downtown onto Cumberland Ave. Turn left on 17th Street. Turn left on Forest Ave. Property is on the left.
  • Prop. Type: Multi-Family
  • Year Built: 1930
  • Lot Size Acres: 0.12
  • Lot Size: 50 x 100
  • Subdivision Name: Cowans Resub Of Lots 49 50 & 51
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood, Carpet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 5179.0
  • Parcel #: 094nm017
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 19200.0
  • Property Net Operating Income: 14851.0
  • Annual Operating Expense: 4349.0

Tax Info

  • Tax Annual Amount: 564.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Cornerstone Financial Llc
Bought by
Ml Acquisitions Llc
Current Estimated Value
$391,109

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 7, 2019
Sold by
Kurland Beth and Kurland Scott
Bought by
Cornerstone Financial Llc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Kevin Tipton
Realty Executives Associates
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.26%
Original Mortgage
$145,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 7, 2008
Sold by
Volunteer Rentals Llc Florida Llc
Bought by
Kurland Scott

Purchase Details

Closed on
Jul 15, 2008
Sold by
Kurland Beth
Bought by
Volunteer Rentals Llc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Kurland Scott
Bought by
Kurland Beth

Purchase Details

Closed on
Mar 30, 2007
Sold by
Campus Rentals Llc
Bought by
Kurland Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2005
Sold by
Waddell Johnathan Philip
Bought by
Waddell Phillip John

Purchase Details

Closed on
Feb 8, 2005
Sold by
Whitaker Edward P
Bought by
Campus Rentals Llc

Purchase Details

Closed on
Dec 20, 2002
Sold by
Rbs & Associates Inc
Bought by
Whitaker E Parrish

Purchase Details

Closed on
Aug 7, 2002
Sold by
Rbs & Associates Inc
Bought by
Whitaker Edward P

Purchase Details

Closed on
May 8, 2002
Sold by
Gonzalez Florence
Bought by
Waddell Johnathan Philip
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
Ml Acquisitions Llc -- None Listed On Document
Cornerstone Financial Llc $125,000 Concord Title
Kurland Scott -- National Title Services Inc
Volunteer Rentals Llc -- National Title Services Inc
Kurland Beth -- National Title Services Inc
Kurland Scott $95,000 National Title Services Inc
Waddell Phillip John -- --
Campus Rentals Llc -- --
Whitaker E Parrish $200,000 --
Whitaker Edward P $100,000 --
Waddell Johnathan Philip $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornerstone Financial Llc $819,000
Previous Owner Cornerstone Financial Llc $814,800
Previous Owner Cornerstone Financial Llc $145,000
Previous Owner Kurland Scott $82,200
Previous Owner Kurland Scott $574,000
Previous Owner Kurland Scott $85,500
Previous Owner Whitaker E Parrish $48,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $125,000 -- $144 / 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 $3,404 $91,760 $0 $0
2023 $3,404 $91,760 $0 $0
2022 $3,404 $91,760 $0 $0
2021 $1,049 $22,900 $0 $0
2020 $1,049 $22,900 $0 $0
2019 $1,049 $22,900 $0 $0
2018 $1,049 $22,900 $0 $0
2017 $1,049 $22,900 $0 $0
2016 $1,083 $0 $0 $0
2015 $1,083 $0 $0 $0
2014 $1,083 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1065898

East Tennessee REALTORS® MLS

APN: 094NM-017