P
Seller's Agent in 2017
Penny Woodson
Realty Sales and Rentals, LLC
210 Price Rd Unit 8 Elizabethton, TN 37643
Estimated Value: $403,000
--
Bed
4
Baths
--
Sq Ft
0.94
Acres
Highlights
- Storm Windows
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Paneling
- Ceiling Fan
- Level Lot
About This Home
As of May 2017Solid investment opportunity on an 8 unit apartment complex. The property consist of two buildings with 4 units each plus a brick laundry facility which tenants pay an additional fee of $20.00/month per unit to use their own washers and dryers. All 8 apartments are 2 bedroom 1 bath units (850 sq. ft.) with baseboard heat and wall air conditioners. Electric ranges, refrigerators, electric heating and a/c units, hot water heaters and breaker panels are furnished with each apartment and are in good working order. Each unit is individually metered for electric which tenants pay and the owner pays water. All units rent for $435.00 per month except one which rents for $425.00 per month for a total of $3,470.00 per month gross rental and are currently at full occupancy. Located in the Stoney Creek area just past Unaka High School on a large well landscaped lot that is just shy of an acre. County taxes only. Unlike many other apartment units which are currently on the market the current owner of these units has consistently upgraded the interiors of these units with new flooring, painting, appliances, kitchen and bath upgrades and painting as needed. The exterior of both buildings is low maintenance brick and vinyl siding. This means when you take possession as the new owner it will not require additional expenditures on your part to bring the property up to the standards which good tenants expect.
Last Agent to Sell the Property
Penny Woodson
Realty Sales and Rentals, LLC License #287667 Listed on: 03/10/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,244
Year Built
- Built in 1987
Lot Details
- 0.94 Acre Lot
- Lot Dimensions are 190x215.44
- Level Lot
- Cleared Lot
- Property is in good condition
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Composition Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Paneling
- Ceiling Fan
- Crawl Space
- Storm Windows
- Electric Range
Flooring
- Carpet
- Laminate
- Vinyl
Schools
- Unaka Elementary And Middle School
- Unaka High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 005
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Gross Income $41,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 15, 2022
Sold by
Lee Phillips Christopher
Bought by
Fallon Will
Current Estimated Value
Purchase Details
Listed on
Jun 3, 2014
Closed on
Jan 9, 2015
Sold by
Catalano Michael
Bought by
Kaiser Linda
Seller's Agent
Penny Woodson
Realty Sales and Rentals, LLC
Buyer's Agent
Penny Woodson
Realty Sales and Rentals, LLC
List Price
$198,700
Sold Price
$170,000
Premium/Discount to List
-$28,700
-14.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Purchase Details
Closed on
Oct 22, 1998
Bought by
Bowers Charles Keith and Tracy Bowers
Purchase Details
Closed on
Jul 7, 1991
Bought by
Hyder Charles Richard and Carol Ann H
Purchase Details
Closed on
Dec 23, 1986
Bought by
Whitehead Terry L
Purchase Details
Closed on
Jan 1, 1985
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fallon Will | $450,000 | Foundation Title & Escrow | |
| Kaiser Linda | $170,000 | -- | |
| Bowers Charles Keith | $207,000 | -- | |
| Hyder Charles Richard | $65,000 | -- | |
| Whitehead Terry L | -- | -- | |
| -- | $5,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2017 05/31/17 | Sold | $255,000 | -11.4% | -- |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 03/10/2017 03/10/17 | For Sale | $287,750 | +69.3% | -- |
| 01/09/2015 01/09/15 | Sold | $170,000 | -14.4% | -- |
| 11/24/2014 11/24/14 | Pending | -- | -- | -- |
| 06/03/2014 06/03/14 | For Sale | $198,700 | -- | -- |
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 | $1,244 | $57,080 | $6,960 | $50,120 |
| 2023 | $1,244 | $57,080 | $0 | $0 |
| 2022 | $1,159 | $57,080 | $6,960 | $50,120 |
| 2021 | $1,159 | $57,080 | $6,960 | $50,120 |
| 2020 | $1,416 | $57,080 | $6,960 | $50,120 |
| 2019 | $1,416 | $57,320 | $5,560 | $51,760 |
| 2018 | $1,416 | $57,320 | $5,560 | $51,760 |
| 2017 | $1,416 | $57,320 | $5,560 | $51,760 |
| 2016 | $1,404 | $57,320 | $5,560 | $51,760 |
| 2015 | $1,404 | $57,320 | $5,560 | $51,760 |
| 2014 | -- | $53,680 | $5,560 | $48,120 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Rachel Livingston
Foundation Realty Group
(423) 737-0774
358 Total Sales
-
R
Buyer's Agent in 2017
Rachel Moody-Livingston
RE/MAX Preferred
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 388767
APN: 029J-B-005.00
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