J
Seller's Agent in 2022
Jody Jones
Crye-Leike Realtors
1725 Jefferson Ave Unit 1-4 Kingsport, TN 37664
--
Bed
--
Bath
2,557
Sq Ft
0.33
Acres
Highlights
- Wood Flooring
- Front Porch
- Patio
- Thomas Jefferson Elementary School Rated A-
- Cooling Available
- Steep Slope
About This Home
As of February 2022Recent major renovations making for a great investment opportunity. Perfect for beginner as well as seasoned investors, no work needed and 100% occupied so you can immediately begin collecting rental income! Good income & occupancy history, easy to rent. Very low maintenance costs with brand new HVAC in all 4 units, all new vinyl siding, all updated windows-half brand new, updated electrical panels inside & out, metal roof only 5 years old. Each unit comes with a range and refrigerator, most new within the last few years. 4 units total, two top units are 2BR/1BA with laundry room, bottom two units are 1BR/1BA, no w/d hookups. Conveniently located to town, and local amenities. All units currently leased. 2 units with long term tenants on month to month with rent increase potential. Reported expenses include a property management fee that could be eliminated for those who self manage.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- Steep Slope
- Property is in good condition
Home Design
- Quadruplex
- Plaster Walls
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Crawl Space
- Laminate Countertops
Flooring
- Wood
- Carpet
- Vinyl
Outdoor Features
- Patio
- Front Porch
Schools
- Jefferson Elementary School
- Robinson Middle School
- Dobyns Bennett High School
Utilities
- Cooling Available
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 062A F 009.00
Community Details
Overview
- Belvue Add Subdivision
Building Details
- Utility Expense $1,807
- Operating Expense $4,382
- Gross Income $20,940
- Net Operating Income $14,750
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $140,000 | Patriot Title Company | |
| Special Warranty Deed | $33,000 | -- | |
| Deed | $69,233 | -- | |
| Deed | $86,000 | -- | |
| Deed | $50,345 | -- | |
| Warranty Deed | $50,300 | -- | |
| Deed | $57,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $6,300,000 | Commercial | |
| Previous Owner | $26,400 | Commercial | |
| Previous Owner | $77,400 | No Value Available |
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
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
-
-
D
Buyer's Agent in 2022
Douglas Langley
Landmark Realty Co.
-
Buyer's Agent in 2022
Richard Banks
North East Tennessee Real Estate, LLC
(423) 282-1050
80 Total Sales
-
T
Buyer's Agent in 2022
TROY BOWMAN
CENTURY 21 TIME REALTY, INC.
-
Seller's Agent in 2019
Robin Smith
KW Kingsport
(423) 340-1787
118 Total Sales
-
J
Buyer's Agent in 2019
Jody Jones Garrison
Crye-Leike Realtors
(423) 863-3008
89 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 421699
APN: 062A-F-009.00
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