NOT LISTED FOR SALE

Estimated Value: $337,000 - $440,000

4 Beds
2 Baths
1,392 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $300,000 $216 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,400/month

62 Days on Market

About This Home

As of October 2021

Investors, take advantage of the opportunity to get this wonderful, turnkey duplex close to the University of Tennessee, and to downtown Knoxville. This fully leased property is metered separately and ready for you to take the reins and start cash flowing today. **NOTE** This property must be sold with the quadplex located at 1020 Oak Ave, Knoxville, TN 37921. The total price is $775,000.00 for the portfolio.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 140

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Property has 3 Levels
  • Laminate Flooring

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • 2 Units
  • Hazens Hill Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082JV004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,228

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1910
  • Inclusions: NOFUR
  • Unit Levels: Three Or More
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Attribution Contact: 8652505167
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate
  • Building Area Units: Square Feet
  • Living Area: 1392
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Lot Info

  • Lot Size: 50 x 140
  • Lot Size Units: Acres
  • Parcel #: 082JV004
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Other
  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Tuten Franklin
Bought by
Franklin Carraway Llc
Current Estimated Value
$379,299

Purchase Details

Listed on
Jun 12, 2021
Closed on
Oct 22, 2021
Sold by
3 Dog Properties Knoxville Llc
Bought by
Tuten Franklin Boyce
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$225,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 7, 2019
Sold by
Martini Mario Michael
Bought by
3 Dog Properties Knoxville Llc
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Nick Cantey
Wallace
Sold Price
$153,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.88%
Original Mortgage
$115,125
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 1996
Sold by
Shipley James I
Bought by
Nesbitt Ronald M
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
Franklin Carraway Llc -- None Listed On Document
Tuten Franklin Boyce $300,000 Concord Title
3 Dog Properties Knoxville Llc $153,500 None Available
Nesbitt Ronald M $26,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuten Franklin Boyce $225,000
Previous Owner 3 Dog Properties Knoxville Llc $115,125
Previous Owner Nesbitt Ronald M $44,500
Previous Owner Nesbitt Ronald M $14,500
Previous Owner Nesbitt Ronald M $35,100
Previous Owner Nesbitt Ronald M $15,000
Previous Owner Nesbitt Ronald M $10,000
Previous Owner Nesbitt Ronald M $21,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $300,000 0.0% $216 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $300,000 0.0% $216 / Sq Ft
02/11/2020 02/11/20 Rented $800 0.0% --
10/07/2019 10/07/19 Sold $153,500 -- $110 / Sq Ft
Source: Realtracs

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 $3,990 $107,560 $0 $0
2023 $3,990 $107,560 $0 $0
2022 $3,990 $107,560 $0 $0
2021 $1,228 $26,800 $0 $0
2020 $1,228 $26,800 $0 $0
2019 $1,228 $26,800 $0 $0
2018 $1,228 $26,800 $0 $0
2017 $1,228 $16,750 $0 $0
2016 $933 $0 $0 $0
2015 $933 $0 $0 $0
2014 $933 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2932367

Realtracs

APN: 082JV-004