NOT LISTED FOR SALE

1755 Kiser Blvd Unit 8 Greeneville, TN 37745

Estimated Value: $729,818 - $935,000

-- Bed
8 Baths
-- Sq Ft
1.86 Acres

Last Sold February 16, 2016

Last sale price $330,000

Est. 152% increase in value since last sale

Current estimated payment $5,030/month

136 Days on Market

Highlights

  • Eat-In Kitchen
  • Cooling Available
  • Combination Kitchen and Dining Room
  • Greeneville Middle School Rated A-
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of February 2016

Opportunity in this apartment complex! 2 buildings having 4 units each. The units consist of large eat in kitchen and huge living room, bath, and 2 bedrooms with approximately 1000 sq. feet per unit. Rental income being $500.00 per month,(per unit) all on one level, with washer and dryer hookups available. These units are prime rentals in this easy rent location on Kiser Blvd. The 2 buildings in this complex could possibly be sold separately also there is room for more units to be built on the 1.86 acres with this property with 150 feet of road frontage. This investment income property has exciting potential. Motivated sellers!

Last Agent to Sell the Property

Jerry Hall

REMAX Checkmate, Inc. Realtors License #10537 Listed on: 09/17/2015

Co-Listed By

LINDA HALL

REMAX Checkmate, Inc. Realtors License #11923

Last Buyer's Agent

Andy Hall

Lockmiller & Associates License #277185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,402

Year Built

  • Built in 1997

Lot Details

  • 1.86 Acre Lot
  • Level Lot
  • Property is in average condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Tusculum View Elementary School
  • Greeneville Middle School
  • Greeneville High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • 2 Buildings
  • Gross Income $48,000

Listing and Financial Details

  • Assessor Parcel Number 118.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,402

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: Snapps Ferry Road to left onto Kiser Blvd. apartments on right behind the BP. just off Snapps Ferry Road.
  • Prop. Type: Residential Income
  • Year Built: 1997
  • Property Sub Type: Multi-Family
  • Co List Office Mls Id: 332
  • Co List Office Phone: 423-282-0432
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 118.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.86
  • General Property Description Zoning2: R/4
  • General Property Description Elementary School3: Tusculum View
  • General Property Description Middle School2: Greeneville
  • General Property Description High School3: Greeneville
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Acres
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Foundation Slab: Yes
  • Flooring Ceramic Tile: Yes
  • General Property Description # Buildings: 2
  • Utilities Cable Connected2: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Vinyl, Carpet, Ceramic Tile
  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo, Laminate Counters, Smoke Detector(s)
  • Window Features: Insulated Windows
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Lot Features: Level
  • Acres: 1.86
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, None
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

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

Schools

  • Elementary School: Tusculum View
  • High School: Greeneville
  • Middle Or Junior School: Greeneville

Lot Info

  • Zoning: R/4
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 81021.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 118.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 48000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Feb 12, 2016
Sold by
Kargozar Mohammad
Bought by
R D J Rentals
Seller's Agent
Jerry Hall
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Andy Hall
Lockmiller & Associates
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Current Estimated Value
$832,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,409
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Kargozar David
Bought by
Kargozar Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2007
Sold by
Shipley Hugh Albert
Bought by
Kargozar David

Purchase Details

Closed on
Feb 6, 1997
Sold by
Hartman Carolyn
Bought by
Shipley Hugh
Source: Public Records

Range of Values:

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Average Value
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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
R D J Rentals $330,000 --
Kargozar Mohammad $300,000 --
Kargozar David $420,000 --
Shipley Hugh $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shipley Hugh $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $330,000 -17.3% --
02/01/2016 02/01/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $399,000 -- --
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 $7,402 $225,640 $29,520 $196,120
2023 $7,402 $225,640 $0 $0
2022 $6,508 $156,360 $26,840 $129,520
2021 $6,508 $156,360 $26,840 $129,520
2020 $6,508 $156,360 $26,840 $129,520
2019 $6,508 $156,360 $26,840 $129,520
2018 $6,306 $156,360 $26,840 $129,520
2017 $6,601 $166,000 $27,360 $138,640
2016 $6,435 $166,000 $27,360 $138,640
2015 $6,435 $166,000 $27,360 $138,640
2014 $6,153 $166,000 $27,360 $138,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 368111

Tennessee/Virginia Regional MLS

APN: 087-118.00