NOT LISTED FOR SALE
-- Bed
-- Bath
6,300 Sq Ft
8,665 Sq Ft Lot

Sale Details

Date Sold: September 16, 2016

Last sale price $265,750 $42 Per Sq Ft

36 Days on Market

Highlights

  • Heating unit installed on the ceiling
  • Carpet
  • 1-minute walk to Parkridge Park

About This Home

As of September 2016

Priced reduced below recent appraisal. All Brick 11 Units - Corner Lot in Parkridge. One of the best locations in the Parkridge community, these units offer comfortable resident living, and feature excellent proximity to us lines and downtown Knoxville. The property enjoys a great location adjacent to Parkridge Community Park as well as Caswell Park. Factor in the low maintenance exterior, newer roof (2006), upgraded front windows and this complex presents an excellent opportunity for the next owner. Square footage is from an appraisal, is not guaranteed, & should be verified by Buyer. Includes CLT # 082PJ013 which is the parking lot for the complex. No sign. Please don't disturb the residents. All showings by appointment only.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 06/23/2016

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1952

Lot Details

  • 8,665

Home Design

  • 6,300 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 8,665 Sq Ft Lot
  • Heating unit installed on the ceiling

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 082jp014

Community Details

Overview

  • 11 Units

Building Details

  • Operating Expense $26,028
  • Net Operating Income $26,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,563

Year Built

Built in 1952

Lot Details

8,665 Sq Ft Lot

Listing Details

  • Directions: Directions: From I-40 exit at Hall of Fame and turn right. Turn left on Magnolia then left on Bertrand. Property is on the NE corner of E Fifth Ave & Bertrand St.
  • Prop. Type: Multi-Family
  • Year Built: 1952
  • Lot Size Acres: 0.2
  • Lot Size: 16100 per appraisal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Trash Collection
  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Ceiling
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 8665.0
  • Parcel #: 082jp014
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 58440.0
  • Property Net Operating Income: 26568.0
  • Annual Operating Expense: 26028.0

Tax Info

  • Tax Annual Amount: 1563.47

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.031%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$183,900 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Closed $147,900
Previous Owner $135,000
Previous Owner $142,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $265,750 -- $42 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,128 $72,560 $0 $0
2024 $2,692 $72,560 $0 $0
2023 $2,692 $72,560 $0 $0
2022 $2,692 $72,560 $0 $0
2021 $2,493 $54,400 $0 $0
2020 $2,493 $54,400 $0 $0
2019 $2,493 $54,400 $0 $0
2018 $2,493 $54,400 $0 $0
2017 $2,493 $34,000 $0 $0
2016 $2,642 $0 $0 $0
2015 $2,642 $0 $0 $0
2014 $2,642 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 969529

East Tennessee REALTORS® MLS
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