NOT LISTED FOR SALE

Estimated Value: $464,020 - $549,000

5 Beds
5 Baths
4,596 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $110,000 $24 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $3,182/month

470 Days on Market

About This Home

As of February 2014

Contact Listing Agents for complete marketing package and financial analysis.Beautiful, all-brick 5-plex. Extensive renovations completed: wiring, PEX water lines. Property will convey with brand new roof. New HVAC partially completed. Large units with hardwood floors and W/D connections. 4 units have porch. Tenants pay Electric; Ready for individual water meters. Conveniently located: On the bus line; 0.5 mile from Pellissippi State. Interested parties are encouraged to drive the property, but please do not talk to or otherwise disturb the residents. Call listing agents to arrange a tour.

Last Agent to Sell the Property

Steve Goldman

Goldman Partners Realty, LLC License #291309 Listed on: 11/05/2012

Last Buyer's Agent

Lynn Irish

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1925

Lot Details

  • 8,756

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,596 Sq Ft Home
  • Wood Flooring

Additional Features

  • Lot Dimensions are 50 x 175
  • Zoned Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for gas, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 082OD024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: On Magnolia Ave., West of Cherry St. Between Olive and Spruce St. From I-40, Exit Cherry St, go south 0.5 mile toright on Magnolia Ave. Go 0.5 mile to property on right. 3 minutes from downtown. From Summit Hill Dr: turn left(north) on Hall of Fame Dr. go 0.4 mile to E. Magnolia Ave. Turn right and go 1.1 mile to property on left.
  • Prop. Type: Multi-Family
  • Year Built: 1925
  • Lot Size: 50 X 175
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Gas, Taxes, Insurance, Lawn Maintenance
  • Flooring: Hardwood

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 082OD024

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Utesch Samuel and Utesch Elizabeth
Bought by
Elkmont Holdings Llc
Current Estimated Value
$509,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Magnolia Suites Llc
Bought by
Utesch Samuel and Utesch Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 5, 2012
Closed on
Feb 27, 2014
Sold by
Kendrick Charles Kenton and Kendrick Karen
Bought by
Mangolia Suites Llc
Seller's Agent
Steve Goldman
Goldman Partners Realty, LLC
Buyer's Agent
Steve Goldman
Goldman Partners Realty, LLC
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Jan 25, 2011
Sold by
Kendrick Charles Kenton
Bought by
Kendrick Karen

Purchase Details

Closed on
Aug 20, 2008
Sold by
First Peoples Bank
Bought by
Kendrick Charles Kenton

Purchase Details

Closed on
Oct 31, 2007
Sold by
Nelson Elizabeth S
Bought by
First Peoples Bank

Purchase Details

Closed on
Aug 11, 2003
Sold by
Nelson Michael S
Bought by
Nelson Elizabeth S

Purchase Details

Closed on
Nov 5, 1997
Sold by
Towe Richard L and Towe Stephen L
Bought by
Nelson Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,291
Interest Rate
7.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elkmont Holdings Llc -- Admiral Title
Utesch Samuel $270,000 Independence T&E Svcs Inc
Mangolia Suites Llc $110,000 Tennessee Valley Title Ins C
Kendrick Karen -- None Available
Kendrick Charles Kenton $72,500 None Available
First Peoples Bank $75,016 None Available
Nelson Elizabeth S -- --
Nelson Elizabeth S $88,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkmont Holdings Llc $375,000
Previous Owner Utesch Samuel $248,000
Previous Owner Kendrick Charles Kenton $12,665
Previous Owner Nelson Michael S $100,000
Previous Owner Nelson Elizabeth S $94,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $110,000 -- $24 / 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
2024 $4,884 $131,640 $0 $0
2023 $4,884 $131,640 $0 $0
2022 $4,884 $131,640 $0 $0
2021 $3,308 $72,160 $0 $0
2020 $3,308 $72,160 $0 $0
2019 $3,308 $72,160 $0 $0
2018 $3,308 $72,160 $0 $0
2017 $3,308 $45,100 $0 $0
2016 $3,306 $0 $0 $0
2015 $3,306 $0 $0 $0
2014 $3,306 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 821855

East Tennessee REALTORS® MLS

APN: 082OD-024