NOT LISTED FOR SALE

2005 E 5th Ave Knoxville, TN 37917

Parkridge Neighborhood

Estimated Value: $365,000 - $485,248

4 Beds
2 Baths
2,924 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $337,500 $115 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,395/month

104 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Central Heating
  • Covered Patio or Porch
  • Storm Windows
  • 1-minute walk to Parkridge Park

About This Home

As of December 2021

INVESTOR LIQUIDATION!!...Please see Attached MLS #'s 1154101, 1161693, 1161694, 1161695....Can be purchased together for a discount. This TRI-PLEX was renovated 2014, All 3 Units are currently leased. 2 Units are 4bdrms/2baths. 1 Unit is 3bdrm/1bath. Tenants pay ALL Utilities. GREAT INCOME PROPERTY

Last Agent to Sell the Property

Lisa Axley

Realty Executives Associates Listed on: 07/27/2021

Last Buyer's Agent

Solange Velas

Goldman Partners Realty, LLC License #263596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1940

Lot Details

  • 7,503 Sq Ft Lot
  • Fenced Yard

Home Design

  • 2,924 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Laminate
  • Tile

Additional Features

  • Dishwasher
  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 082OB041

Community Details

Overview

  • 3 Units
  • Shields Add Resub Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,192

Year Built

Built in 1940

Lot Details

7,503 Sq Ft Lot

Listing Details

  • Directions: I-40 East, Take Hall of Fame Dr (exit 389), Take slight (R) onto N Hall of Fame Dr., Take (L) onto E Magnolia Ave., Take (L) onto N Cruze St., Take 2nd (R) onto E 5th Ave. 2005 E 5TH AVE IS ON THE LEFT,SOP
  • Prop. Type: Multi-Family
  • Year Built: 1940
  • Lot Size Acres: 0.17
  • Lot Size: 50.04X150XIRR
  • Subdivision Name: SHIELDS ADD RESUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Storm, Porch - Covered, Fenced - Yard
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 7503.0
  • Parcel #: 082OB041
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28500.0

Tax Info

  • Tax Annual Amount: 1192.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2002
Sold by
Sumner Gary W
Bought by
Roth John F and Roth Randall L
Current Estimated Value
$432,562

Purchase Details

Closed on
Sep 28, 1999
Sold by
Sue Sumner Catrena
Bought by
Sumner Gary W

Purchase Details

Closed on
Oct 29, 1996
Sold by
Bennett James R
Bought by
Sumner Catrena S
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

Date Buyer Sale Price Title Company
Roth John F $56,000 Title Solutions Inc
Sumner Gary W -- --
Sumner Catrena S $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $337,500 -- $115 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $2,031 $130,680 $0 $0
2024 $4,848 $130,680 $0 $0
2023 $4,848 $130,680 $0 $0
2022 $4,848 $130,680 $0 $0
2021 $2,218 $48,400 $0 $0
2020 $2,218 $48,400 $0 $0
2019 $2,218 $48,400 $0 $0
2018 $2,218 $48,400 $0 $0
2017 $2,218 $30,250 $0 $0
2016 $1,779 $0 $0 $0
2015 $1,779 $0 $0 $0
2014 $1,779 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Axley

    Realty Executives Associates

  • Solange Velas

    Buyer's Agent in 2021

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    1 in this area

    156 Total Sales

    Solange Velas
    Section Image

  • W

    Buyer's Agent in 2021

    Wayne Rutherford

    Crye-Leike Realtors-Athens

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1161692

East Tennessee REALTORS® MLS

APN: 082OB-041

Tennessee Knox County Knoxville 37917 Parkridge

2005 E 5th Ave, Knoxville, TN

Not Listed for Sale

MultiFamily

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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