NOT LISTED FOR SALE

Estimated Value: $367,000 - $431,000

4 Beds
4 Baths
2,250 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $275,000 $122 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,521/month

5 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Central Heating

About This Home

As of August 2021

Conveniently located near Cecil Avenue in North Knoxville, this Triplex is available as a primary purchase or your next investment property! Three units total, two leased and one vacant allows for the buyer to purchase the home with a traditional mortgage and live in one unit if they choose. Each unit is approximately 750 sq ft, and features 1 bedroom, 1 bathroom, open living area, walk-in closet, washer & dryer connections, and an exterior entrance. Home was built in 1994 and well maintained. Great opportunity to increase rental income once current leases end. Come see this one for yourself, and schedule your private showing, today.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1994

Lot Details

  • 0.3

Home Design

  • Property Attached
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • 3 Units
  • Fritz 1St Add Subdivision

Listing and Financial Details

  • The owner pays for water, electricity
  • Assessor Parcel Number 082HA007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1994
  • Unit Levels: Three Or More
  • Structure Type: Triplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Building Area Units: Square Feet
  • Living Area: 2250
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Lot Info

  • Lot Size: 50.01 X 263.58 IRR
  • Lot Size Units: Acres
  • Parcel #: 082HA007
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Other, Electricity
  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 13, 2021
Sold by
Weaver Christopher A
Bought by
Weaver Doors Llc
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$407,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,238
Avg. Annual Appreciation
10.23%
Original Mortgage
$130,000
Outstanding Balance
$109,922
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$297,316

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 27, 2021
Sold by
Orangenash Llc
Bought by
Weaver Christopher A
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$109,922
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$297,316

Purchase Details

Closed on
Feb 14, 2020
Sold by
Vaught Ronald L and Vaught Ronald
Bought by
Orangenash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back
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
Weaver Doors Llc -- None Available
Weaver Christopher A $275,000 None Available
Orangenash Llc $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Christopher A $130,000
Previous Owner Orangenash Llc $150,000
Previous Owner Orangenash Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $275,000 0.0% $122 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $275,000 -- $122 / Sq Ft
Source: Realtracs

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 $3,827 $103,160 $0 $0
2023 $3,827 $103,160 $0 $0
2022 $3,827 $103,160 $0 $0
2021 $2,365 $51,600 $0 $0
2020 $2,365 $51,600 $0 $0
2019 $2,365 $51,600 $0 $0
2018 $2,365 $51,600 $0 $0
2017 $2,365 $32,250 $0 $0
2016 $2,351 $0 $0 $0
2015 $2,351 $0 $0 $0
2014 $2,351 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2841957

Realtracs

APN: 082HA-007