NOT LISTED FOR SALE

1829 Russell Ave Jefferson City, TN 37760

Estimated Value: $207,000 - $564,328

-- Bed
1 Bath
3,800 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $525,000 $138 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $2,214/month

94 Days on Market

Highlights

  • Zoned Heating and Cooling System
  • Vinyl Flooring
  • 3-minute walk to Mossy Creek Station Park

About This Home

As of March 2024

1829, 1831, 1833, 1835 Russell Ave includes 4 units total. One unit is 3 bedroom, 2 bathroom. Two units are 2 bedroom, 1 bathroom. One units is a studio style apartment. Many recent renovations on all units including new roof, siding, windows/doors, flooring, kitchen appliances, and bathroom. This property is centrally located in Jefferson City and minutes from Carson-Newman University. All units are currently occupied.

Last Agent to Sell the Property

Kevin Tipton

SVN I Wood Properties License #275491 Listed on: 10/13/2023

SVN I Wood Properties

Co-Listed By

Cohl Morgan

SVN I Wood Properties License #351465

Last Buyer's Agent

Josh Benge

Tennessee Life Real Estate Professionals License #368450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $349

Year Built

  • Built in 1938

Lot Details

  • 0.67

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Vinyl Flooring

Parking

  • Gravel Driveway
  • On-Site Parking

Schools

  • Jefferson County High School

Utilities

  • Zoned Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Property Available on 10/20/23
  • Assessor Parcel Number 014MI006.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$349

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Directions: 11E NORTH ON RUSSELL AVE, CROSS RR TRACK TO HOUSE ON LEFT.
  • Prop. Type: Multi-Family
  • Year Built: 1938
  • Lot Size: 134.8X232.8XIRR
  • Co List Office Mls Id: 219
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Heat:Central: Yes
  • General Property Description:Driveway: Gravel
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • ResoLivingAreaSource: Owner
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Block
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes

Schools

  • High School: Jefferson County

Lot Info

  • Parcel #: 014MI006.00

Rental Info

  • Available Date: 2023-10-20

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 349.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Mar 15, 2024
Sold by
Byrd Cheryl Ann
Bought by
Harris Morton James and Harris Nicole Morton
Seller's Agent
Kevin Tipton
SVN I Wood Properties
Buyer's Agent
Josh Benge
Tennessee Life Real Estate Professionals
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Views
58
Current Estimated Value
$390,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,224
Avg. Annual Appreciation
-9.95%
Original Mortgage
$420,000
Outstanding Balance
$412,614
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$37,929

Purchase Details

Listed on
Oct 13, 2023
Closed on
Mar 8, 2024
Sold by
Rau Mark Robert
Bought by
Ann Rose Llc
Seller's Agent
Kevin Tipton
SVN I Wood Properties
Buyer's Agent
Josh Benge
Tennessee Life Real Estate Professionals
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$412,614
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$37,929

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 17, 2021
Sold by
Whitaker Debra
Bought by
Rau Mark Robert
Seller's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
Buyer's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.18%
Original Mortgage
$124,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 10, 2017
Closed on
May 25, 2018
Sold by
Maples Kent
Bought by
Whitaker Dedra
Seller's Agent
Burlin Allen
ReMax Between the Lakes
Buyer's Agent
Burlin Allen
ReMax Between the Lakes
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Taylor Lowell A
Bought by
Winstead Velma L

Purchase Details

Closed on
Jan 2, 2002
Sold by
Velma Winstead
Bought by
Lowell Taylor

Purchase Details

Closed on
Aug 25, 2001
Sold by
Velma Winstead
Bought by
Lowell Taylor

Purchase Details

Closed on
Oct 19, 1956
Bought by
Winstead Velma L
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
Harris Morton James $1,000 None Listed On Document
Ann Rose Llc $525,000 Admiral Title Inc
Rau Mark Robert $155,000 Lakeway Title Services
Whitaker Dedra $120,000 None Available
Winstead Velma L -- --
Lowell Taylor $37,800 --
Lowell Taylor $37,800 --
Winstead Velma L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ann Rose Llc $420,000
Previous Owner Rau Mark Robert $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $525,000 -1.9% $138 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $535,000 -1.2% $141 / Sq Ft
11/27/2023 11/27/23 Price Changed $541,500 -0.5% $143 / Sq Ft
11/20/2023 11/20/23 Price Changed $544,000 -0.5% $143 / Sq Ft
11/07/2023 11/07/23 Price Changed $546,500 -0.5% $144 / Sq Ft
10/20/2023 10/20/23 For Sale $549,000 +254.2% $144 / Sq Ft
02/17/2021 02/17/21 Sold $155,000 -22.5% $69 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $199,900 +66.6% $89 / Sq Ft
05/25/2018 05/25/18 Sold $120,000 -- $30 / 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
2023 $1,018 $29,100 $0 $0
2022 $986 $29,100 $5,000 $24,100
2021 $986 $29,100 $5,000 $24,100
2020 $986 $29,100 $5,000 $24,100
2019 $986 $29,100 $5,000 $24,100
2018 $660 $18,575 $2,500 $16,075
2017 $660 $18,575 $2,500 $16,075
2016 $660 $18,575 $2,500 $16,075
2015 $650 $18,575 $2,500 $16,075
2014 $641 $18,575 $2,500 $16,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1242782

East Tennessee REALTORS® MLS

APN: 014M-I-006.00