NOT LISTED FOR SALE

204 Colonial Heights Cir Kingston, TN 37763

-- Bed
-- Bath
16,740 Sq Ft
1976 Built

Last Sold October 31, 2014

Last sale price $550,000 $33 Per Sq Ft

63 Days on Market

About This Home

As of October 2014

18 Attractive Units - All 2 Bedrooms - Terrific Seller Financing - Kingston, TN. The property consists of 3 six-unit buildings, nicely laid out with plenty of parking. These 2 BR units offer two different floor plans in each building. All units feature Central heat/air, washer/dryer connections, stoves, refrigerators & dishwashers, plus plenty of closet space. County only taxes. Very privately located off Bluff Dr., yet convenient to Kingston, Rockwood & Harriman. Seller will carry an 80% first trust deed, at a rate of 6%, amortized over 30 years, balloon due 7 years from closing, subject to rview and approval of Buyer's financials. Square footage is from tax records, is not guaranteed, and should be verified by Buyer.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 07/22/2014

Last Buyer's Agent

Wayne Rutherford

Crye-Leike Realtors-Athens

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Home Design

  • 16,740 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Dishwasher
  • Zoned Heating System

Listing and Financial Details

  • The owner pays for trash collection, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 046 127.00

Community Details

Overview

  • 18 Units

Building Details

  • Operating Expense $46,342
  • Net Operating Income $47,858

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Take I-40 West to Exit 352. Once in town, turn right on Race Ave. Cross the bridge and turn left on Bluff Dr. Approx. .9 miles turn right onto Colonial Heights. Property at top.
  • Prop. Type: Multi-Family
  • Year Built: 1976
  • Lot Size: 4.9 Acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 046 127.00

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 118200.0
  • Property Net Operating Income: 47858.0
  • Annual Operating Expense: 46342.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $550,000 -- $33 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 894803

East Tennessee REALTORS® MLS