NOT LISTED FOR SALE

2002 Belle Terra Rd Knoxville, TN 37923

West Knoxville Neighborhood

Estimated Value: $575,332 - $651,000

8 Beds
8 Baths
4,176 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $297,500 $71 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,584/month

Highlights

  • Deck
  • Central Heating
  • Carpet
  • Bearden High School Rated A-

About This Home

As of August 2018

Nicely Kept West Knox Fourplex-Strong Cashflow-Longterm Tenants
These spacious townhouse style apts have excellent amenities including central HVAC, dishwashers, washer/dryer hookups & rear decks. Recent upgrades include new roof (2013) and two HVAC systems. In addition, all interiors were renovated with fresh flooring, paint, doors, & some windows in 2014/15. Generous floorplans, tenant paid utilities & great location help make this 4plex a perfect investment for owner occupants & new investors. Sq footage is from tax records, not guaranteed & should be verified.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 05/08/2018

Last Buyer's Agent

Jeanine Lux

Crye-Leike Realtors, South License #344364

Crye-Leike Realtors, South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1979

Lot Details

  • 0.4

Home Design

  • 4,176 Sq Ft Home

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Dishwasher
  • Deck
  • 0.4 Acre Lot
  • Central Heating

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 106aa031

Community Details

Overview

  • 4 Units
  • Belle Terra S/D Subdivision

Building Details

  • Operating Expense $12,933
  • Net Operating Income $19,101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,459

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Take Middlebrook Pike to Robinson Road. Turn onto Belle Terra & take first right. Property is the second building from the corner on the right. Please do not disturb the tenants. No sign on property.
  • Prop. Type: Multi-Family
  • Year Built: 1979
  • Lot Size Acres: 0.4
  • Lot Size: 120x143.6xIRR
  • Subdivision Name: Belle Terra S/D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Carpet, Vinyl

Exterior Features

  • Exterior Features: Deck

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 17533.0
  • Parcel #: 106aa031
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33720.0
  • Property Net Operating Income: 19101.0
  • Annual Operating Expense: 12933.0

Tax Info

  • Tax Annual Amount: 2458.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Prieto David Bustamante
Bought by
Hacienda Property Management Llc
Current Estimated Value
$603,583

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 3, 2018
Sold by
Gibney Joseph and Gibney Patricia
Bought by
Prieto David B
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Jeanine Lux
Crye-Leike Realtors, South
Sold Price
$297,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$238,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 16, 2015
Sold by
Johnson Dwayne L and Johnson Ruth E
Bought by
Gibney Joseph and Gibney Patricia
Seller's Agent
Paige Harvey
NextHome Clinch Valley
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.93%
Original Mortgage
$187,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Mcelroy James D and Mcelroy Louis Andrew
Bought by
Johnson Dwayne L and Johnson Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Dougall Donald K and Dougall Carolyn B
Bought by
Mcelroy James D and Mcelroy Louis Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1999
Sold by
Dougall Donald K
Bought by
Dougall Carolyn B

Purchase Details

Closed on
Jan 9, 1996
Sold by
Miles Joe W
Bought by
Dougall Carolyn B

Purchase Details

Closed on
Aug 18, 1994
Sold by
Nationsbank Of Tennessee
Bought by
Miles Delores B
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
Hacienda Property Management Llc -- None Listed On Document
Prieto David B $297,500 Paramount Land Title Of Knox
Gibney Joseph $250,000 Attorney
Johnson Dwayne L $230,000 Southeast Title & Escrow Llc
Mcelroy James D $175,000 --
Dougall Carolyn B -- --
Dougall Carolyn B $182,000 --
Miles Delores B $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prieto David B $238,000
Previous Owner Gibney Joseph $187,500
Previous Owner Johnson Dwayne L $184,000
Previous Owner Mcelroy James D $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2018 08/03/18 Sold $297,500 -40.5% $71 / Sq Ft
10/16/2015 10/16/15 Sold $500,000 -- $60 / Sq Ft View Prior Sale
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 $5,029 $135,560 $0 $0
2023 $5,029 $135,560 $0 $0
2022 $5,029 $135,560 $0 $0
2021 $4,575 $99,800 $0 $0
2020 $4,575 $99,800 $0 $0
2019 $4,575 $99,800 $0 $0
2018 $4,575 $99,800 $0 $0
2017 $4,575 $62,375 $0 $0
2016 $5,004 $0 $0 $0
2015 $5,004 $0 $0 $0
2014 $5,004 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2018

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    12 in this area

    149 Total Sales

    Solange Velas
    Section Image

  • J

    Buyer's Agent in 2018

    Jeanine Lux

    Crye-Leike Realtors, South

    (301) 788-1847

    11 Total Sales

    Jeanine Lux
    Section Image
  • Paige Harvey

    Seller's Agent in 2015

    Paige Harvey

    NextHome Clinch Valley

    (865) 900-4591

    2 in this area

    16 Total Sales

    Paige Harvey
    Section Image

  • W

    Buyer's Agent in 2015

    Wayne Rutherford

    Crye-Leike Realtors-Athens

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1040915

East Tennessee REALTORS® MLS

APN: 106AA-031

Tennessee Knox County Knoxville 37923 West Knoxville

2002 Belle Terra Rd, Knoxville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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