NOT LISTED FOR SALE

2062 E 5th Ave Knoxville, TN 37917

Parkridge Neighborhood

Estimated Value: $447,000 - $532,645

4 Beds
4 Baths
3,520 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $95,500 $27 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $2,664/month

98 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Heating
  • 4-minute walk to Parkridge Park
  • Brick Flooring

About This Home

As of August 2014

Great income producing building with four units. Recent upgrades to roof, gutters and some interior remodeling completed. All brick with outside porches. All units are 2BR and 1BA.Bring offers.

Last Agent to Sell the Property

Bo Powell

Day & Associates License #300342 Listed on: 04/15/2014

Last Buyer's Agent

EDNA DRURY

NLMNLM License #260637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1920

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,520 Sq Ft Home
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Brick
  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • 4 Units
  • Eugene C Fretz Resub Subdivision

Listing and Financial Details

  • The owner pays for advertising, insurance, lawn maintenance
  • Assessor Parcel Number 082oc021
  • Tax Block 67/3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,367

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Directions: Traveling East on I-40 exit at Cherry Street. Turn right onto East Fifth Ave, to property on the left.
  • Prop. Type: Multi-Family
  • Year Built: 1920
  • Lot Size: 48.6 x 142.65 x IRR
  • Subdivision Name: Eugene C Fretz Resub
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Owner Pays: Advertising, Insurance, Lawn Maintenance
  • Flooring: Carpet, Brick, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Cable Available (TV Only)
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 082oc021

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 21600.0

Tax Info

  • Tax Annual Amount: 1367.48
  • Tax Block: 67/3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Smith and Christina
Bought by
Mellon Lacy and Wiesehuegel Jonathan
Current Estimated Value
$491,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$243,459
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$247,702

Purchase Details

Listed on
Apr 15, 2014
Closed on
Aug 14, 2014
Sold by
Coleman David and Coleman Deanna
Bought by
Phalen Christina and Smith Edgar
Seller's Agent
Bo Powell
Day & Associates
Buyer's Agent
EDNA DRURY
NLMNLM
Sold Price
$95,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Volmar John and Volmar Mary
Bought by
Coleman David and Coleman Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Dobbins Gordon
Bought by
Volmar John and Volmar Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Dobbins Julie A
Bought by
Dobbins Gordon M

Purchase Details

Closed on
Jan 13, 1997
Sold by
Porterfield A D
Bought by
Dobbins Gordon M
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
Mellon Lacy $350,000 Foothills Title
Phalen Christina $95,500 Title Assoc Of Knoxville
Coleman David $126,658 Preferred Escrow & Title Llc
Volmar John $232,000 Builders Title & Escrow
Dobbins Gordon M -- --
Dobbins Gordon M $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellon Lacy $262,500
Previous Owner Coleman David $123,250
Previous Owner Volmar John $197,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $95,500 -- $27 / 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 $1,635 $105,200 $0 $0
2024 $3,903 $105,200 $0 $0
2023 $3,903 $105,200 $0 $0
2022 $3,903 $105,200 $0 $0
2021 $2,724 $59,440 $0 $0
2020 $2,724 $59,440 $0 $0
2019 $2,724 $59,440 $0 $0
2018 $2,724 $59,440 $0 $0
2017 $2,724 $37,150 $0 $0
2016 $2,892 $0 $0 $0
2015 $2,892 $0 $0 $0
2014 $2,892 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bo Powell

    Day & Associates

  • E

    Buyer's Agent in 2014

    EDNA DRURY

    NLMNLM

  • Gene Sims

    Buyer's Agent in 2014

    Gene Sims

    Weichert REALTORS Advantage Plus

    (865) 405-5658

    50 Total Sales

    Gene Sims
    Section Image
  • Kaye Brown

    Buyer's Agent in 2014

    Kaye Brown

    Southfork Realty

    (276) 646-5894

    51 Total Sales

    Kaye Brown
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Yarbrough

    HERITAGE REALTY

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 882769

East Tennessee REALTORS® MLS

APN: 082OC-021

Tennessee Knox County Knoxville 37917 Parkridge

2062 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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