NOT LISTED FOR SALE

1725 Jefferson Ave Unit 1-4 Kingsport, TN 37664

Estimated Value: $234,070 - $341,000

-- Bed
4 Baths
2,557 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $225,000 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,681/month

25 Days on Market

About This Home

As of February 2022

Great investment property!! This well maintained investment property is conveniently located just minutes away from shopping, restaurants and local amenities. Recent renovations over the past couple years include HVAC ( 2 years old) in all 4 units, new vinyl siding, updated windows-half brand new, updated electrical panels and metal roof is only 7 years old. Each unit has a washer and dryer hook up and comes with a range and refrigerator. Unit 4 completely updated in May 2021. All units are currently leased with the following monthly rental income: Unit 1- 2 BR/1 BA $595, Unit 2-2 BR/1BA-$595, Unit 3-1 BR/1 BA-$475, Unit 4-2 BR/1 BA-$675

Last Agent to Sell the Property

Jody Jones

Crye-Leike Realtors License #340021 Listed on: 11/03/2021

Last Buyer's Agent

Douglas Langley

Landmark Realty Co. License #271407

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • Property is in average condition

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,557 Sq Ft Home
  • 2-Story Property
  • Range
  • Washer and Electric Dryer Hookup

Schools

  • Jefferson Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • 4 Units
  • Belvue Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062a F 009.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: From Eastman Road, turn right at the intersection of Eastman Road and Center Street. Take a left onto Jefferson Ave., property on the left.
  • Prop. Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Multi-Family
  • Subdivision Name: Belvue Add
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 062a F 009.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Commercial
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x186.77 IRR
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • General Property Description Total Units: 4
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Lot Features: Other
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Heat Pump, Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Jefferson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: Commercial
  • Lot Dimensions: 50x186.77 IRR
  • Parcel #: 062a F 009.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Obrien James
Bought by
Ob Tenn Llc
Current Estimated Value
$273,518

Purchase Details

Listed on
May 15, 2019
Closed on
Aug 7, 2019
Sold by
Third Base Investments Llc
Bought by
Potter Winter
Seller's Agent
Robin Smith
KW Kingsport
Buyer's Agent
Jody Jones Garrison
Crye-Leike Realtors
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$105,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2013
Closed on
Sep 16, 2013
Sold by
Bank Of New York Mellon Tr
Bought by
Base Investments Llc
Seller's Agent
LISTINGS TRANSFERRED
Byrd Home Team
Buyer's Agent
Century 21 Legacy Fort Henry
List Price
$48,500
Sold Price
$33,000
Premium/Discount to List
-$15,500
-31.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.24%
Original Mortgage
$26,400
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2013
Sold by
Meager Glen M
Bought by
The Bank Of New York Mellon Tr

Purchase Details

Closed on
Nov 13, 2006
Sold by
Vaughan Alfred C
Bought by
Meager Glen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
9.55%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Coleman Bennie R and Coleman Nancy L
Bought by
Alfred Vaughan

Purchase Details

Closed on
May 29, 1998

Purchase Details

Closed on
Nov 8, 1993
Sold by
William Byington
Bought by
Bennie Coleman
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
Ob Tenn Llc -- None Listed On Document
Ob Tenn Llc -- None Listed On Document
Potter Winter $140,000 Patriot Title Company
Base Investments Llc $33,000 --
The Bank Of New York Mellon Tr $69,233 --
Meager Glen M $86,000 --
Alfred Vaughan $50,345 --
-- $50,300 --
Bennie Coleman $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Winter $105,000
Previous Owner Third Base Investments Llc $6,300,000
Previous Owner Base Investments Llc $26,400
Previous Owner Bennie Coleman $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $225,000 -8.2% $88 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $245,000 +75.0% $96 / Sq Ft
08/07/2019 08/07/19 Sold $140,000 -6.6% $55 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $149,900 +354.2% $59 / Sq Ft
10/17/2013 10/17/13 Sold $33,000 -32.0% $13 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $48,500 -- $19 / Sq Ft
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 -- $51,680 $6,480 $45,200
2023 $2,277 $51,680 $6,480 $45,200
2022 $2,277 $51,680 $6,480 $45,200
2021 $2,214 $51,680 $6,480 $45,200
2020 $755 $51,680 $6,480 $45,200
2019 $1,361 $29,360 $6,480 $22,880
2018 $1,329 $29,360 $6,480 $22,880
2017 $1,329 $29,360 $6,480 $22,880
2016 $1,259 $27,120 $6,480 $20,640
2014 -- $27,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9930638

Tennessee/Virginia Regional MLS

APN: 062A-F-009.00