NOT LISTED FOR SALE

Estimated Value: $176,000 - $458,000

4 Beds
4 Baths
2,838 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $165,000 $58 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,734/month

104 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 1-minute walk to Parkridge Park
  • Central Air

About This Home

As of June 2024

Welcome to this charming triplex nestled in the heart of Parkridge, a historical neighborhood rich in character and conveniently close to downtown. This all-brick property offers a rare opportunity to own a piece of history in a sought-after location.

As you step inside, you'll be greeted by the timeless structure. While this property may require some tender loving care (TLC), its potential is undeniable. With a little investment, you can transform this gem into the perfect blend of classic charm and modern convenience.

One of the highlights of this property is its prime location. Situated near the interstate, commuting to and from the city is a breeze. Additionally, the neighborhood is undergoing a revitalization, making it an ideal time to invest in this area.

For nature enthusiasts, the proximity to parks provides endless opportunities for outdoor recreation and relaxation. And when it's time to dine out, you'll appreciate the convenience of being within walking distance to a variety of restaurants and eateries.

Moreover, this triplex is conveniently located close to the new multiuse stadium, adding an extra layer of excitement and potential for growth in the neighborhood.

Whether you're an investor looking for a lucrative opportunity or a homeowner seeking a unique property to call your own, this triplex in Parkridge offers the perfect combination of location, potential, and historical charm. Don't miss out on your chance to be a part of this vibrant and evolving community. Schedule your viewing today and envision the possibilities that await!

Last Agent to Sell the Property

Nikitia Thompson

Realty Executives-Nikitia Thompson Realty License #293215 Listed on: 02/08/2024

Realty Executives-Nikitia Thompson Realty

Last Buyer's Agent

Nikitia Thompson

Realty Executives-Nikitia Thompson Realty License #293215 Listed on: 02/08/2024

Realty Executives-Nikitia Thompson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1940

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • 2,838 Sq Ft Home
  • Triplex
  • Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • No Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • 3 Units
  • John H Shields Pt 208 Subdivision

Listing and Financial Details

  • Property Available on 2/13/24
  • Assessor Parcel Number 082PJ007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,533

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Heading South on Hall of Fame, Make a left on E fifth Ave. Property on the left.
  • Prop. Type: Multi-Family
  • Year Built: 1940
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Subdivision Name: John H Shields Pt 208
  • General Property Description:Lot Size SqFt: 7492.0
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Floors:Laminate: Yes
  • General Property Description:Driveway: none
  • Property Sub-Type:Triplex: Yes
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Hardwood, Carpet, Other
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Frame
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7492.0
  • Parcel #: 082PJ007
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-02-13

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1533.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jun 28, 2024
Sold by
Levert Francis and Levert Faye
Bought by
Mccay Timothy
Seller's Agent
Nikitia Thompson
Realty Executives-Nikitia Thompson Realty
Buyer's Agent
Nikitia Thompson
Realty Executives-Nikitia Thompson Realty
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%
Views
272
Current Estimated Value
$288,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,677
Avg. Annual Appreciation
52.28%
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
Mccay Timothy -- Southeast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $165,000 -17.5% $58 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $200,000 -20.0% $70 / Sq Ft
02/13/2024 02/13/24 For Sale $250,000 -- $88 / 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 $2,638 $71,120 $0 $0
2023 $1,533 $71,120 $0 $0
2022 $2,638 $71,120 $0 $0
2021 $1,542 $33,640 $0 $0
2020 $1,542 $33,640 $0 $0
2019 $1,542 $33,640 $0 $0
2018 $1,542 $33,640 $0 $0
2017 $1,542 $21,025 $0 $0
2016 $1,312 $0 $0 $0
2015 $1,312 $0 $0 $0
2014 $1,312 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1252145

East Tennessee REALTORS® MLS

APN: 082PJ-007