NOT LISTED FOR SALE

2359 E 5th Ave Knoxville, TN 37917

Parkridge Neighborhood

Estimated Value: $329,330 - $438,000

4 Beds
4 Baths
2,000 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $199,853 $100 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,223/month

89 Days on Market

About This Home

As of December 2019

Great investment 4-plex. Each unit is a 1 br 1 ba with 500 sq ft. Average rents are $550. Has garage parking and/or storage unit capabilities.
This building can be purchased alone or along with an investment portfolio. Buyer to verify sq footage. Closing to be at Paramount Land Title. Attached PS Agreement to be used. Make an offer!

Last Agent to Sell the Property

Marie Sharpe

Asset Realty Management, Inc. License #326215 Listed on: 08/02/2019

Co-Listed By

Erica Douglas

Asset Realty Management, Inc. License #269043

Last Buyer's Agent

Jennifer Montgomery

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1960

Lot Details

  • 7,231

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Lot Dimensions are 50x145
  • Zoned Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for advertising, taxes, insurance, lawn maintenance
  • Assessor Parcel Number 082js015
  • Tax Block F

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: 2359 E. 5th Ave
  • Prop. Type: Multi-Family
  • Year Built: 1960
  • Lot Size: 50x145
  • Co List Office Mls Id: 1936
  • Co List Office Phone: 865-247-0027
  • Subdivision Name: n/a
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Advertising, Taxes, Insurance, Lawn Maintenance
  • Flooring: Laminate, Vinyl

Utilities

  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 082js015

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2140.0

Tax Info

  • Tax Annual Amount: 966.8
  • Tax Block: F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Dec 13, 2019
Sold by
K 5 Realty The Bungalow Portfolio Llc
Bought by
Snyder Amy Lynn and Kelley Jered Grant
Seller's Agent
Marie Sharpe
Asset Realty Management, Inc.
Buyer's Agent
Jennifer Montgomery
Wallace
Sold Price
$199,853
Current Estimated Value
$360,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,980
Avg. Annual Appreciation
11.22%
Original Mortgage
$149,890
Outstanding Balance
$133,803
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$231,126

Purchase Details

Listed on
Apr 13, 2017
Closed on
Mar 31, 2017
Sold by
Ward Charles D
Bought by
K 5 Realty The Bungalow Portfolio Llc
Seller's Agent
Scott Griggs
Tennessee Valley Realty Assoc
Buyer's Agent
Julie Thacker
Tennessee Valley Realty Assoc
Sold Price
$157,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$3,683,147
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 2015
Sold by
Piper Joel C
Bought by
Ward Charles D

Purchase Details

Closed on
Jul 11, 2012
Sold by
Nicaud Nicholas
Bought by
Piper Joel C

Purchase Details

Closed on
Mar 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Piper Joel and Nicaud Nicolas

Purchase Details

Closed on
Dec 30, 2010
Sold by
Evans Henry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2006
Sold by
Mason Shawn
Bought by
Evans Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 2005
Sold by
Rc Properties Llc
Bought by
Mason Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,850
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Robinson John H and Robinson Wilma L
Bought by
Rc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.3%
Mortgage Type
Seller Take Back
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
Snyder Amy Lynn $199,853 Paramount Land Ttl Of Knoxvi
K 5 Realty The Bungalow Portfolio Llc $2,513,915 None Available
Ward Charles D $107,500 Concord Title
Piper Joel C -- None Available
Piper Joel $20,500 None Available
Federal National Mortgage Association $125,812 None Available
Evans Henry $110,000 Title Enterprises Llc
Mason Shawn $86,500 Title Enterprises Llc
Rc Properties Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Amy Lynn $149,890
Previous Owner K 5 Realty The Bungalow Portfolio Llc $3,683,147
Previous Owner Ward Charles D $102,000
Previous Owner Evans Henry $22,000
Previous Owner Evans Henry $88,000
Previous Owner Mason Shawn $77,850
Previous Owner Rc Properties Llc $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $199,853 +26.6% $100 / Sq Ft
04/13/2017 04/13/17 Sold $157,900 -- $79 / 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 $2,974 $80,160 $0 $0
2023 $2,974 $80,160 $0 $0
2022 $2,974 $80,160 $0 $0
2021 $1,799 $39,240 $0 $0
2020 $1,799 $39,240 $0 $0
2019 $1,799 $39,240 $0 $0
2018 $1,799 $39,240 $0 $0
2017 $1,799 $24,525 $0 $0
2016 $1,614 $0 $0 $0
2015 $1,614 $0 $0 $0
2014 $1,614 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marie Sharpe

    Asset Realty Management, Inc.

    (865) 405-6891

    2 in this area

    68 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Erica Douglas

    Asset Realty Management, Inc.

  • J

    Buyer's Agent in 2019

    Jennifer Montgomery

    Wallace

    (865) 406-4364

    7 in this area

    98 Total Sales

    Section Image

  • S

    Buyer's Agent in 2019

    Suzy Lawson

    RE/MAX Properties

  • S

    Seller's Agent in 2017

    Scott Griggs

    Tennessee Valley Realty Assoc

    (865) 405-8228

    39 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Julie Thacker

    Tennessee Valley Realty Assoc

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1089653

East Tennessee REALTORS® MLS

APN: 082JS-015

Tennessee Knox County Knoxville 37917 Parkridge

2359 E 5th Ave, Knoxville, TN

This home is located at 2359 E 5th Ave, Knoxville, TN 37917 since 02 August 2019 and is currently estimated at $363,333, approximately $181 per square foot. This property was built in 1960. 2359 E 5th Ave is a home located in Knox County with nearby schools including Sarah Moore Greene Elementary / Magnet, Vine Middle/Magnet, and Austin-East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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