Seller's Agent in 2020
Jay Crockett
RE/MAX
(423) 341-6884
9 in this area
362 Total Sales
204 Roosevelt Ave Elizabethton, TN 37643
Biltmore NeighborhoodEstimated Value: $246,000 - $349,490
7
Beds
5
Baths
2,758
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Wood Flooring
- Eat-In Kitchen
- Partially Wooded Lot
- Wrap Around Porch
- Paneling
About This Home
As of May 2020This tri-plex apartment complex is the perfect investment opportunity and would provide an excellent cash flow for its new owner. This building is comprised of a three bedroom 2bath main level apartment that is in excellent shape and could easily rent for $600-$650 per month. The lower two bedroom unit is also completely move in ready and currently rents for $600 per month. The down stairs is currently vacant and has been rented in the past for $500 per month. At full occupancy this property will bring in $1750 per month. The units are all on a separate electric meters and each have their own washer dryer hook ups. Each unit features updated flooring and bathrooms and nice neutral interior colors. Each apartment has it's own separate entrance and designated parking area. This property has been aggressively priced to move quickly and provides a great return on investment. Act fast and take advantage of this affordably priced property that will provide a great passive income. All information and square footage are subject to buyer verification. 4304R
Co-Listed By
KAREN LEIMKUHLER
REMAX Checkmate, Inc. Realtors License #282688
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $833
Year Built
- Built in 1981 | Remodeled
Lot Details
- Sloped Lot
- Partially Wooded Lot
- Property is in average condition
Home Design
- Contemporary Architecture
- Composition Roof
- Vinyl Siding
- T111 Siding
Interior Spaces
- 2,758 Sq Ft Home
- 2-Story Property
- Paneling
- Washer and Electric Dryer Hookup
- Finished Basement
Kitchen
- Eat-In Kitchen
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Wrap Around Porch
Schools
- Keenburg Elementary And Middle School
- Elizabethton High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 034b A 031.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2020
Closed on
Apr 30, 2020
Sold by
Miller Bobby
Bought by
The Hopkins Family Revocable Trist
Seller's Agent
Jay Crockett
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Karla Holtsclaw
Blue Ridge Realty & Investments
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,473
Avg. Annual Appreciation
15.86%
Original Mortgage
$54,900
Outstanding Balance
$50,498
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$243,875
Purchase Details
Closed on
Jun 3, 1983
Bought by
Cardwell Lonnie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Hopkins Family Revocable Trist | $134,900 | Evergreen Ttl & Closing Llc | |
| Cardwell Lonnie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Hopkins Family Revocable Trist | $54,900 | |
| Previous Owner | Lonnie Cardwell | $73,000 | |
| Previous Owner | Lonnie Cardwell | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2020 05/01/20 | Sold | $134,900 | 0.0% | $49 / Sq Ft |
| 04/18/2020 04/18/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $134,900 | -- | $49 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $833 | $38,200 | $4,600 | $33,600 |
| 2023 | $833 | $38,200 | $0 | $0 |
| 2022 | $775 | $38,200 | $4,600 | $33,600 |
| 2021 | $761 | $37,500 | $4,600 | $32,900 |
| 2020 | $850 | $37,500 | $4,600 | $32,900 |
| 2019 | $850 | $34,400 | $5,175 | $29,225 |
| 2018 | $850 | $34,400 | $5,175 | $29,225 |
| 2017 | $1,359 | $34,400 | $5,175 | $29,225 |
| 2016 | $843 | $34,400 | $5,175 | $29,225 |
| 2015 | $843 | $34,400 | $5,175 | $29,225 |
| 2014 | $803 | $32,775 | $5,200 | $27,575 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2020
KAREN LEIMKUHLER
RE/MAX
-
K
Buyer's Agent in 2020
Karla Holtsclaw
Blue Ridge Realty & Investments
(423) 220-0473
43 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9905610
APN: 034B-A-031.01
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