NOT LISTED FOR SALE

2327 Washington Ave Unit 1 Knoxville, TN 37917

Parkridge Neighborhood

Estimated Value: $283,000 - $355,000

4 Beds
1 Bath
2,232 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $300,500 $135 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,916/month

89 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Wood Fence
  • Covered Patio or Porch
  • Zoned Heating and Cooling System

About This Home

As of June 2024

INVESTMENT OPPORTUNITY! Keep this cash flowing property as a duplex or convert it back into a single family! This duplex on Washington Avenue is fully occupied with long standing tenants. Low maintenance costs and new HVAC units within the last 18 months. 4 Bed 1.5 Bath bottom unit with a month to month lease at $1250 per month. 2 Bed 1 Bath top unit also with a month to month lease for $1115 per month. Both units have central heat and air. Tenants pay all utilities. Shared garage for storage. Please do not disturb tenants. Showing windows scheduled for both Friday and Sunday. Call agent for more information.

Last Agent to Sell the Property

Lea Bradley

Realty Executive Associates Downtown License #359686 Listed on: 03/07/2024

Realty Executive  Associates Downtown

Last Buyer's Agent

Alex Martin

Realty Executives Associates License #361253

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 75 x 150
  • Wood Fence

Home Design

  • 2,232 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Zoned Heating and Cooling System

Community Details

  • 2 Units
  • Hazens Pt 252 Subdivision

Listing and Financial Details

  • The owner pays for advertising, lawn maintenance
  • Assessor Parcel Number 082JV018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,691

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: South on Cherry Street to RT onto Washington Avenue to property on RT.
  • Prop. Type: Multi-Family
  • Year Built: 1920
  • Lot Size: 75 X 150
  • Subdivision Name: Hazens Pt 252
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: yes
  • Property Sub-Type:House Converted: Yes
  • Roof:Shingle: Yes
  • Property Sub-Type:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Advertising, Lawn Maintenance
  • Flooring: Laminate, Hardwood, Carpet, Vinyl, Tile
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Fence - Wood
  • Construction Type: Vinyl Siding, Block, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 082JV018

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28380.0

Tax Info

  • Tax Annual Amount: 1690.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Devincentis Amy
Bought by
2327 Washington Avenue Llc
Current Estimated Value
$307,075

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 21, 2024
Sold by
Jump Right In Properties Llc
Bought by
Devincentis Amy
Seller's Agent
Lea Bradley
Realty Executive Associates Downtown
Buyer's Agent
Alex Martin
Realty Executives Associates
List Price
$325,000
Sold Price
$300,500
Premium/Discount to List
-$24,500
-7.54%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 1, 2021
Sold by
Glossy Dwellings Llc
Bought by
Drumel Jordan and Campbell Kevin
Seller's Agent
Matthew Strother
SVN I Wood Properties
Buyer's Agent
Lea Bradley
Keller Williams Realty
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$161,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 4, 2020
Sold by
Smith Kelly
Bought by
Glossy Dwellings Llc
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Capital Bank Na
Bought by
Smith Kelly

Purchase Details

Closed on
Jun 24, 2009
Sold by
House Bradley and House Stacy
Bought by
Capital Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2004
Sold by
Morgan Jerry
Bought by
Houser Bradley and Houser Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2001
Sold by
Davis Robbie V and Davis Alicia I
Bought by
Bankers Trust Of California Na

Purchase Details

Closed on
Jan 23, 2001
Sold by
Bankers Trust Of California Na
Bought by
Morgan Ii Jerry

Purchase Details

Closed on
Aug 22, 2000
Sold by
Brasfield Reuel R
Bought by
Davis Robbie and Davis Alicia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.07%

Purchase Details

Closed on
Feb 10, 2000
Sold by
Fowler Frances
Bought by
Brasfield Reuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,750
Interest Rate
10%
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
2327 Washington Avenue Llc -- None Listed On Document
Devincentis Amy $300,500 Tennessee Title
Drumel Jordan $215,000 Admiral Title
Glossy Dwellings Llc $157,000 None Available
Smith Kelly $30,277 First American Title Co Inc
Capital Bank Na $393,200 None Available
Houser Bradley -- First Security Title
Bankers Trust Of California Na $53,516 --
Morgan Ii Jerry $20,000 --
Davis Robbie $60,000 Transcontinental Title Compa
Brasfield Reuel R $12,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drumel Jordan $161,250
Previous Owner Houser Bradley $105,000
Previous Owner Houser Bradley $93,100
Previous Owner Houser Bradley $60,000
Previous Owner Morgan Ii Jerry Lee $44,000
Previous Owner Davis Robbie $48,000
Previous Owner Brasfield Reuel R $12,750
Closed Davis Robbie $8,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $300,500 -2.9% $135 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $309,500 -3.3% $139 / Sq Ft
03/28/2024 03/28/24 Price Changed $319,900 -1.6% $143 / Sq Ft
03/18/2024 03/18/24 For Sale $325,000 0.0% $146 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $325,000 +51.2% $146 / Sq Ft
12/02/2021 12/02/21 Sold $215,000 +36.9% $140 / Sq Ft
03/06/2020 03/06/20 Sold $157,000 -1.8% $70 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $159,900 -- $72 / 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 $2,910 $78,440 $0 $0
2023 $2,910 $78,440 $0 $0
2022 $2,910 $78,440 $0 $0
2021 $2,545 $55,520 $0 $0
2020 $1,606 $35,040 $0 $0
2019 $1,606 $35,040 $0 $0
2018 $1,606 $35,040 $0 $0
2017 $1,606 $21,900 $0 $0
2016 $1,524 $0 $0 $0
2015 $1,524 $0 $0 $0
2014 $1,524 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1254992

East Tennessee REALTORS® MLS

APN: 082JV-018