NOT LISTED FOR SALE

Estimated Value: $182,641 - $215,000

2 Beds
1.5 Baths
1,156 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $62,400 $54 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,081/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Central Air
  • Heat Pump System

About This Home

As of April 2018

**PLEASE READ** This property is a part of a large rental portfolio available for purchase. The
ownership group has several residential rental units available that may be purchased individually or may
be grouped together. All properties are currently rented and the owners keep these properties in
fantastic shape. Besides regular and preventative maintenance, the large majority of properties have
updated electrical, plumbing, HVAC, roof, siding, and windows. The owners also only accept the highest
quality available tenants and many of the properties have been occupied by the same tenants for years.
With respect for their tenants, owners ask that only serious buyers who have evaluated all available
MLS data and the attached GPM Properties Spreadsheet thoroughly, request showings. All homes are sold AS-IS. Seller will only accept full price offers. Special owner financing available on all units. Detailed pro-forma is attached. Cross reference all properties by keyword search: GPM Properties.

Last Agent to Sell the Property

Tyler Fogarty

Realty Executives Associates License #307266 Listed on: 02/22/2018

Realty Executives Associates

Last Buyer's Agent

Brittany Epperly

Great Life RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $291

Year Built

  • Built in 1950

Lot Details

  • 6,328 Sq Ft Lot
  • Lot Dimensions are 47 x 150

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

  • South Doyle Middle School
  • Austin East/Magnet High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 095ck031

Home Details

Home Type

Single Family

Est. Annual Taxes

$291

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From I-40 E take exit 388A for James White Parkway. Continue onto TN-158 W. Take the Summit Hill Dr exit. Turn left onto E Summit Hill Dr SE. Continue onto Dandridge Ave. Continue straight onto Brooks. Turn left onto Addison. Turn right onto Barker Ave.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.15
  • Lot Size: 47 x 150
  • Architectural Style: Contemporary, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, None

Exterior Features

  • Exterior Features: Cable Available (TV Only)
  • Construction Type: Vinyl Siding, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Designated Parking, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Schools

  • High School: Austin East/Magnet
  • Middle Or Junior School: South Doyle

Lot Info

  • Lot Size Sq Ft: 6328.0
  • Parcel #: 095ck031
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 290.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 10, 2018
Sold by
Global Management Llc
Bought by
Qb Rentals Llc
Seller's Agent
Tyler Fogarty
Realty Executives Associates
Buyer's Agent
Brittany Epperly
Great Life RE
Sold Price
$62,400
Current Estimated Value
$198,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,010
Avg. Annual Appreciation
16.51%
Original Mortgage
$239,530
Outstanding Balance
$139,444
Interest Rate
4.43%
Mortgage Type
Commercial
Estimated Equity
$58,966

Purchase Details

Closed on
Jan 30, 2012
Sold by
Mathis Slemons
Bought by
Global Property Systems Llc

Purchase Details

Closed on
Jan 4, 2010
Sold by
Hogan Howard G
Bought by
The City Of Knoxville
Source: Public Records

Range of Values:

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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
Qb Rentals Llc $281,800 Paramount Land Title Of Knox
Global Property Systems Llc $11,152 Tennessee Valley Title Insur
Mathes Slemons $4,500 None Available
The City Of Knoxville $1,899 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qb Rentals Llc $239,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $62,400 -- $54 / Sq Ft
Source: East Tennessee REALTORS® 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 $453 $29,175 $0 $0
2024 $1,082 $29,175 $0 $0
2023 $1,082 $29,175 $0 $0
2022 $1,082 $29,175 $0 $0
2021 $510 $11,125 $0 $0
2020 $510 $11,125 $0 $0
2019 $510 $11,125 $0 $0
2018 $510 $11,125 $0 $0
2017 $510 $11,125 $0 $0
2016 $539 $0 $0 $0
2015 $539 $0 $0 $0
2014 $539 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1031515

East Tennessee REALTORS® MLS

APN: 095CK-031