NOT LISTED FOR SALE

Estimated Value: $256,000 - $390,000

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold December 22, 2016

Last sale price $165,000

Est. 80% increase in value since last sale

Current estimated payment $1,660/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 1 Car Detached Garage
  • Liberty Bell Middle School Rated A
  • Covered Patio or Porch
  • 5-minute walk to Powell Square Park

About This Home

As of December 2016

Investment opportunity. Property has 3 buildings plus a 1 car garage. Building #1 has 3) 1-bedroom units, 1) 2-bedroom unit W washer/dryer hookup & 1 studio unit. Building #2 is a 2 story, standalone 1 bedroom unit with 2 baths and washer & dryer hookup. Nice private courtyard and secluded outside area off the dining room. Building #3 has a studio apartment with lots of room unfinished on the end and downstairs for storage. Convenient location to ETSU, VA and downtown Johnson City. Double lot for possible future development. Rents listed above are gross for 100% occupancy. Financial information available to qualified buyers. Listing agent must be present for all showings. Make appointment today. Information herein is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Joe Fillers

Preferred Properties of East Tennessee License #00289827 Listed on: 10/31/2016

Last Buyer's Agent

CC MILHORN

KW Johnson City License #290396

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Paneling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Cooktop
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • South Side Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 4 Buildings

Listing and Financial Details

  • Assessor Parcel Number 018.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,279

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Directions: From Jonesborough, Andrew Johnson Hwy East RIGHT onto N. State of Franklin RIGHT onto University Parkway LEFT onto S Roan St RIGHT onto E Chestnut. Property on left no sign.
  • Prop. Type: Residential Income
  • Year Built: 1920
  • Garage Garage Spaces: 1
  • Property Sub Type: Other
  • Architectural Style: Other, See Remarks
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 018.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.43
  • General Property Description Zoning2: R5
  • General Property Description Elementary School3: South Side
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 150X152 IRR
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description # Fireplaces: 2
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Fireplace Basement3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Description # Buildings: 4
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Has Basement: Finished, Walk-Out Access
  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Built-in Features, Laminate Counters, Smoke Detector(s)
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Cooktop: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Lot Features: Level
  • Exterior Features: Other, See Remarks
  • Acres: 0.43
  • Construction Type: Metal Siding, Wood Siding
  • Patio And Porch Features: Covered, Front Patio, Front Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes
  • Exterior Finish Metal Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: South Side
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: R5
  • Lot Dimensions: 150X152 IRR
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 018.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2017
Sold by
Baxter Andrew C
Bought by
Bmg Properties Llc
Current Estimated Value
$296,672

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 19, 2016
Sold by
Cortes Carmelo
Bought by
Baxter Andrew C and Milhorn Cecilia R
Seller's Agent
Joe Fillers
Preferred Properties of East Tennessee
Buyer's Agent
CC MILHORN
KW Johnson City
List Price
$189,500
Sold Price
$165,000
Premium/Discount to List
-$24,500
-12.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$140,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Charles Grindstaff Francis
Bought by
Carmelo Cortes

Purchase Details

Closed on
Mar 31, 1993
Bought by
Grindstaff Francis Charles
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Bmg Properties Llc -- --
Baxter Andrew C $165,000 --
Carmelo Cortes $175,000 --
Grindstaff Francis Charles $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter Andrew C $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $165,000 -12.9% --
11/10/2016 11/10/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $189,500 -- --
Source: Tennessee/Virginia Regional MLS

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 $1,279 $74,800 $7,300 $67,500
2022 $846 $39,350 $2,775 $36,575
2021 $1,527 $39,350 $2,775 $36,575
2020 $1,519 $39,350 $2,775 $36,575
2019 $797 $39,350 $2,775 $36,575
2018 $1,430 $33,500 $2,775 $30,725
2017 $1,430 $33,500 $2,775 $30,725
2016 $1,423 $33,500 $2,775 $30,725
2015 $1,206 $33,500 $2,775 $30,725
2014 $1,206 $33,500 $2,775 $30,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 384419

Tennessee/Virginia Regional MLS

APN: 054D-L-018.00