NOT LISTED FOR SALE

Estimated Value: $331,000 - $459,000

4 Beds
2 Baths
3,488 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $248,000 $71 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,265/month

55 Days on Market

Highlights

  • Main Floor Bedroom
  • Covered Patio or Porch
  • ENERGY STAR Qualified Windows
  • Ball Camp Elementary School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of July 2014

Attention: Investors, Landlords, Owner Occupants! Great multi-family opportunity w/ two duplexes on separate parcels, sold as one. Four - two bedroom, one bath one level units with huge yards for privacy, gardening. Tenants pay utilities. Own convenient rental property in great location with 100% occupancy with easy to rent units. Two units have been updated (pictured) and one building has a new roof. All have updated windows and have central heat/air. Agent must be present.

Last Agent to Sell the Property

Jim McElroy

ReMax Preferred Properties, In Listed on: 04/11/2014

Last Buyer's Agent

Bedford Chapman

United Real Estate Solutions License #255799

United Real Estate Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1980

Lot Details

  • 0.58

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 3,488 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Chain Link Fence

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for insurance, lawn maintenance
  • Assessor Parcel Number 104ka001&002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,459

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Lovell Road East from Pellissiippii to both properties on right.
  • Prop. Type: Multi-Family
  • Year Built: 1980
  • Lot Size: 165x280 - 1.13 acres approx.
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:Driveway: Asphalt
  • Property Sub-Type:Duplex: Yes
  • Miscellaneous:TV Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Insurance, Lawn Maintenance
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Bedroom Main Level: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Fence - Chain, Window - Energy Star
  • Construction Type: Vinyl Siding, Block
  • Exterior Features:Fence - Chain: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

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

Lot Info

  • Parcel #: 104ka001&002

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2018
Sold by
Plemons Jeffrey S
Bought by
Dundee Llc
Current Estimated Value
$396,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jul 29, 2014
Sold by
Austin Lewis and Austin Nancy
Bought by
Plemons Jeffrey S
Seller's Agent
Jim McElroy
ReMax Preferred Properties, In
Buyer's Agent
Bedford Chapman
United Real Estate Solutions
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Us Bank Na
Bought by
Elliot Don R

Purchase Details

Closed on
Apr 4, 2008
Sold by
Reid William Y
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 4, 2005
Sold by
Velas Martin and Velas Solange
Bought by
Reid William Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Gencay Jeff and Gencay Ruth
Bought by
Velas Martin and Velas Solange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1995
Bought by
Jeff Gencay
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
Dundee Llc $355,000 Admiral Title Inc
Plemons Jeffrey S $248,000 Lincoln Title Llc
Elliot Don R $100,500 Associates Closing & Title
Us Bank Na $85,500 None Available
Reid William Y $135,000 --
Velas Martin $183,500 --
Jeff Gencay $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dundee Llc $320,000
Closed Dundee Llc $284,000
Previous Owner Elliott Don R $1,210,000
Previous Owner Reid William Y $121,500
Previous Owner Velas Martin $183,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $248,000 -- $71 / 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
2024 $1,459 $93,880 $0 $0
2023 $1,459 $93,880 $0 $0
2022 $1,459 $93,880 $0 $0
2021 $1,267 $59,760 $0 $0
2020 $1,267 $59,760 $0 $0
2019 $1,267 $59,760 $0 $0
2018 $1,267 $59,760 $0 $0
2017 $1,267 $37,350 $0 $0
2016 $1,186 $0 $0 $0
2015 $1,186 $0 $0 $0
2014 $1,186 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 882280

East Tennessee REALTORS® MLS

APN: 104KA-001