$6,600,000
SOLD SEP 23, 2024

183 Old State Route 34 Jonesborough, TN 37659

-- Bed
-- Bath
34,944 Sq Ft
5.41 Acres

Recently Sold

$189 Per Sq Ft

3% Below List Price

1 Day on Market

About This Home

As of September 2024

Apartments originally designed as condos; firewalls in place. Possible to condo out. Cannot PUD. Buyer/buyer agent must research to confirm.

Last Agent to Sell the Property

Johnathan Forester

THE BROKERS REALTY & AUCTION, INC. License #317675 Listed on: 08/13/2024

Last Buyer's Agent

Johnathan Forester

THE BROKERS REALTY & AUCTION, INC. License #317675 Listed on: 08/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,567

Year Built

  • Built in 2003

Lot Details

  • 5.41 Acre Lot
  • Sloped Lot

Home Design

  • 34,944 Sq Ft Home
  • Vinyl Siding

Schools

  • Grandview Elementary And Middle School
  • David Crockett High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 56 Units

Listing and Financial Details

  • Assessor Parcel Number 059 235.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,567

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: From Johnson City, take Market St toward Jonesborough. Turn L onto Boone St; turn R onto Main. Property on left; see sign.
  • Prop. Type: Residential Income
  • Year Built: 2003
  • Property Sub Type: Multi-Family
  • Architectural Style: Other
  • Reso Structure Type: Multi Family
  • Location Tax Legal Info Parcel ID: 059 235.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 5.41
  • General Property Description Zoning2: R3 HD
  • General Property Description Elementary School3: Grandview
  • General Property Description Middle School2: Grandview
  • General Property Description High School3: David Crockett
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 235659 sq ft
  • AC Central Air: Yes
  • AC Heat Pump3: Yes
  • TopographyLot Description Sloped: Yes
  • General Property Description Total Units: 56
  • Structure Type Multi Family: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Sloped
  • Acres: 5.41
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grandview
  • High School: David Crockett
  • Middle Or Junior School: Grandview

Lot Info

  • Zoning: R3 HD
  • Lot Dimensions: 235659 sq ft
  • Lot Size Sq Ft: 235659.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 059 235.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 23, 2024
Sold by
Avion Realty Ii Llc
Bought by
Smoky Hills Llc
Seller's Agent
Johnathan Forester
THE BROKERS REALTY & AUCTION, INC.
Buyer's Agent
Johnathan Forester
THE BROKERS REALTY & AUCTION, INC.
List Price
$6,800,000
Sold Price
$6,600,000
Premium/Discount to List
-$200,000
-2.94%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Source One Development Llc
Bought by
Avion Realty Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2003
Sold by
Abraham Shane and Abraham James
Bought by
Source One Development Llc

Purchase Details

Closed on
Sep 4, 2002
Sold by
Rosenbaum Richard P
Bought by
Abraham Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,500
Interest Rate
6.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,600,000 None Listed On Document
Deed $3,500,000 --
Deed -- --
Deed $16,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 Credit Line Revolving
Previous Owner $3,600,000 Commercial
Previous Owner $303,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Price Changed $1,150 +9.5% $2 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,050 +10.5% $2 / Sq Ft
09/27/2024 09/27/24 Price Changed $950 +11.8% $1 / Sq Ft
09/26/2024 09/26/24 For Rent $850 0.0% --
09/23/2024 09/23/24 Sold $6,600,000 -2.9% $189 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $6,800,000 -- $195 / 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 $39,567 $2,313,840 $68,280 $2,245,560
2023 $25,800 $1,200,000 $0 $0
2022 $25,800 $1,200,000 $63,760 $1,136,240
2021 $40,200 $1,200,000 $63,760 $1,136,240
2020 $40,200 $1,200,000 $63,760 $1,136,240
2019 $48,383 $1,200,000 $63,760 $1,136,240
2018 $48,383 $1,311,080 $63,760 $1,247,320
2017 $48,383 $1,311,080 $63,760 $1,247,320
2016 $48,383 $1,311,080 $63,760 $1,247,320
2015 $43,138 $1,311,080 $63,760 $1,247,320
2014 $46,792 $1,422,120 $63,760 $1,358,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9969830

Tennessee/Virginia Regional MLS

APN: 059-235.00