NOT LISTED FOR SALE

Estimated Value: $154,000 - $227,000

2 Beds
1 Bath
936 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $120,000 $128 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,136/month

7 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of May 2024

ATTENTION INVESTORS!!! Motivated seller!!! Don't miss this opportunity in charming Fountain City. No doubt this property needs extensive renovation. The owner has owned this home for over 60 years. With the right vision and some work this would make a wonderful flip or long term rental! There is hardwood flooring in most of the home. It has a fenced back yard. It has a garage located in the basement. The property does have a foundation issue and needs to be addressed after closing. The estimate for the foundation repair and lifetime warranty of the work are in the documents tab. Highest and best offers due in by 5pm on Thursday March 28, 2024.

Last Agent to Sell the Property

John Huskey

King Real Estate Services,Inc License #244482 Listed on: 03/25/2024

Last Buyer's Agent

Nikitia Thompson

Realty Executives-Nikitia Thompson Realty License #293215

Realty Executives-Nikitia Thompson Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1940

Lot Details

  • 9,757 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • City Views
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Fountain City Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058KG033
  • Tax Block B

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: Broadway N, to Left on Knox Rd @ traffic light just past McDonalds, Left onto Fair Dr,. House on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.22
  • Lot Size: 100 x 200 x IRR
  • Subdivision Name: Fountain City Heights
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Lot Size SqFt: 9757.0
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 936.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Siding:Wood2: Yes
  • Special Features: None

Interior Features

  • Has Basement: Unfinished
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Vinyl
  • Fireplace:None15: Yes
  • Basement:Unfinished: Yes
  • Appliances:Other18: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: City
  • Lot Features: Level, Rolling Slope
  • Construction Type: Wood Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Basement
  • GarageParking:Attached2: Yes
  • GarageParking:Basement4: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 9757.0
  • Parcel #: 058KG033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 666.62
  • Tax Block: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Medley Building Services Llc
Bought by
Cole Sharay
Current Estimated Value
$190,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,785
Outstanding Balance
$134,918
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$55,856

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 28, 2024
Sold by
Johnson James
Bought by
Medley Building Services Llc
Seller's Agent
John Huskey
King Real Estate Services,Inc
Buyer's Agent
Nikitia Thompson
Realty Executives-Nikitia Thompson Realty
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.33%
Original Mortgage
$148,750
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Cole Sharay $157,000 None Listed On Document
Medley Building Services Llc $120,000 Admiral Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Sharay $135,785
Previous Owner Medley Building Services Llc $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $120,000 0.0% $128 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/28/2024 03/28/24 Off Market $120,000 -- --
03/25/2024 03/25/24 For Sale $150,000 -- $160 / 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 $1,148 $30,925 $0 $0
2023 $1,148 $30,925 $0 $0
2022 $1,148 $30,925 $0 $0
2021 $651 $14,200 $0 $0
2020 $651 $14,200 $0 $0
2019 $651 $14,200 $0 $0
2018 $651 $14,200 $0 $0
2017 $651 $14,200 $0 $0
2016 $611 $0 $0 $0
2015 $611 $0 $0 $0
2014 $611 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1257050

East Tennessee REALTORS® MLS

APN: 058KG-033