NOT LISTED FOR SALE

213 E Cottage Ave Elizabethton, TN 37643

Estimated Value: $103,000 - $222,000

-- Bed
2 Baths
1,152 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $97,900 $85 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $863/month

39 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • No Heating
  • Eat-In Kitchen

About This Home

As of May 2021

Attention Real Estate Investors!! This extremely well maintained duplex is the perfect opportunity for a beginning or seasoned investor. This property is centrally located in the heart of Elizabethton allowing each tenant easy access to grocery stores, shopping and restaurants. The bottom 1bedroom unit of this complex has recently gone through an extensive remodel including fresh paint, newly refinished flooring and new walk-in tile shower. The upstairs unit is currently rented for $500 per month and the complex is set up so that each tenant is responsible for their own water and electricity. The bottom unit is ready for immediate occupancy which will bring the total monthly cash flow of this property to $1000 per month. The monthly rent received on this property would easily cover the mortgage while taking advantage of the low interest rates to provide a positive cash flow. You will find this property to be aggressively priced for its return on investment and well-kept condition. All information subject to buyer verification.
4951C

Last Agent to Sell the Property

Jay Crockett

REMAX Checkmate, Inc. Realtors Listed on: 03/05/2021

REMAX Checkmate, Inc. Realtors

Co-Listed By

Shonna Weddle

REMAX Checkmate, Inc. Realtors License #327113

Last Buyer's Agent

Jay Crockett

REMAX Checkmate, Inc. Realtors Listed on: 03/05/2021

REMAX Checkmate, Inc. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Level Lot
  • Property is in good condition

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Schools

  • Harold Mccormick Elementary School
  • T A Dugger Middle School
  • Elizabethton High School

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 041b G 021.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$612

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Directions: Traveling Mill Street , turn left on East Cottage Avenue. See sign on right.
  • Prop. Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Multi-Family
  • Co List Office Phone: 423-282-0432
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 041b G 021.01
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Harold Mccormick
  • General Property Description Middle School2: T A Dugger
  • General Property Description High School3: Elizabethton
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 58 X 254 irr
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Utilities Cable Available: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 2
  • Style Duplex: Yes
  • Levels:Two: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Eat-in Kitchen, Remodeled
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Remodeled: Yes

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Level
  • Construction Type: Stucco
  • Exterior Finish Stucco2: Yes

Utilities

  • Heating: None
  • Utilities: Cable Available
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Schools

  • Elementary School: Harold Mccormick
  • High School: Elizabethton
  • Middle Or Junior School: T A Dugger

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 58 X 254 irr
  • Parcel #: 041b G 021.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 3, 2021
Sold by
Eggers Gayle Shaw
Bought by
Gupta Birendra Prasad
Seller's Agent
Jay Crockett
REMAX Checkmate, Inc. Realtors
Buyer's Agent
Jay Crockett
REMAX Checkmate, Inc. Realtors
List Price
$97,900
Sold Price
$97,900
Current Estimated Value
$154,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,414
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Oct 18, 1989
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
Gupta Birendra Prasad $97,900 None Available
-- $7,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $97,900 0.0% $85 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $97,900 -- $85 / Sq Ft
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 $612 $18,550 $6,925 $11,625
2023 $612 $18,550 $0 $0
2022 $614 $17,050 $6,925 $10,125
2021 $346 $17,050 $6,925 $10,125
2020 $513 $17,050 $6,925 $10,125
2019 $513 $11,875 $3,850 $8,025
2018 $506 $11,875 $3,850 $8,025
2017 $506 $11,875 $3,850 $8,025
2016 $803 $11,875 $3,850 $8,025
2015 $804 $18,920 $6,160 $12,760
2014 $781 $18,280 $6,160 $12,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9919171

Tennessee/Virginia Regional MLS

APN: 041B-G-021.01