NOT LISTED FOR SALE

216 N Willow Ave Erwin, TN 37650

Estimated Value: $926,078 - $1,030,000

-- Bed
13 Baths
8,460 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $820,000 $97 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,583/month

24 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of March 2022

Calling all Investors!!! 13 Unit Complex offering (8) - 2 bedroom apartments and (5)- 1 bedroom apartments. Coin Laundry on-site is located in a separate building. All units are currently occupied. Current owners have made some renovations and raised rents. Buyer/Buyers agent to verify all info.

Last Agent to Sell the Property

ALEX COOLEY

KW Johnson City License #337588 Listed on: 01/15/2022

KW Johnson City

Last Buyer's Agent

ALEX COOLEY

KW Johnson City License #337588 Listed on: 01/15/2022

KW Johnson City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966 | Remodeled

Lot Details

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

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 8,460 Sq Ft Home
  • 2-Story Property

Schools

  • Unicoi Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Radiant Ceiling
  • Septic Tank

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 023n F 004.00 000
  • Tax Block B

Property Details

Home Type

Multi-Family

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Directions: GPS Friendly.
  • Prop. Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Multi-Family
  • Subdivision Name: Not In Subdivision
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 023n F 004.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.49
  • General Property Description Zoning2: .49
  • General Property Description Elementary School3: Unicoi
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Location Tax Legal Info Block: B
  • Property Condition UpdatedRemodeled: Yes
  • Property Condition Average: Yes
  • AC Wall Unit(s): Yes
  • General Property Description Total Units: 13
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Special Features: None

Exterior Features

  • Property Condition: Average, Updated/Remodeled
  • Lot Features: Level
  • Acres: 0.49
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Radiant Ceiling, Electric, Central
  • Sewer: Septic Tank
  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Radiant Ceiling: Yes

Schools

  • Elementary School: Unicoi
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: .49
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 023n F 004.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 22, 2022
Sold by
Baba Properties Llc
Bought by
Pc Conn Ii Famly Trust-Bypass Trust
Seller's Agent
ALEX COOLEY
KW Johnson City
Buyer's Agent
ALEX COOLEY
KW Johnson City
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Current Estimated Value
$978,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,039
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
May 4, 2021
Sold by
Coffie Donna J
Bought by
Baba Properties Llc

Purchase Details

Closed on
Jul 22, 2020
Sold by
Foster Donna and Estate Of Ricky Lynn Foster
Bought by
Coffie Donna J

Purchase Details

Closed on
Nov 1, 2000
Sold by
Alport Edward
Bought by
Foster Joan

Purchase Details

Closed on
Nov 2, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pc Conn Ii Famly Trust-Bypass Trust $820,000 None Listed On Document
Baba Properties Llc $365,000 Mountain States Title Co
Coffie Donna J $125,000 Debbie Title
Foster Joan $220,000 --
-- $210,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $820,000 0.0% $97 / Sq Ft
03/22/2022 03/22/22 Off Market $820,000 -- --
01/14/2022 01/14/22 For Sale $850,000 -- $100 / 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
2025 $5,688 $217,880 $11,360 $206,520
2024 $5,688 $217,880 $11,360 $206,520
2023 $5,688 $217,880 $0 $0
2022 $8,501 $217,880 $11,360 $206,520
2021 $5,316 $112,720 $10,200 $102,520
2020 $5,124 $112,720 $10,200 $102,520
2019 $5,124 $112,720 $10,200 $102,520
2018 $4,673 $112,720 $10,200 $102,520
2017 $4,656 $112,720 $10,200 $102,520
2016 $4,631 $113,120 $10,160 $102,960
2015 $4,257 $113,120 $0 $0
2014 $4,257 $113,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALEX COOLEY

    KW Johnson City

    (423) 723-9530

    3 in this area

    156 Total Sales

    ALEX COOLEY
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9932811

Tennessee/Virginia Regional MLS

APN: 023N-F-00400-000

Tennessee Unicoi County Erwin 37650

216 N Willow Ave, Erwin, TN

Not Listed for Sale

MultiFamily

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